Biddle Capital Management, Inc. (Wilmington)

Name: Biddle Capital Management, Inc.
Address: 5801 Kennett Pike, Wilmington, DE, 19807
Telephone: 888-369-2261

Biddle Capital Management, Inc. is a large advisory firm based in Wilmington. It manages $162.5 million of regulatory assets for 335 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Delaware, Maryland, Pennsylvania, and South Carolina.

Biddle Capital Management provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and fee based insurance; wealth planning. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Biddle Capital Management: assets under management

The assets under management (AUM) of Biddle Capital Management, Inc. is $162.5 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 36% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $162.5 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $485.07 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 85% of the total AUM. The second-largest asset type is exchange traded securities, which make up 5% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Biddle Capital Management, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients George David Biddle serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of George David Biddle is pension and profit sharing plans with 40 clients and $107.1 million of assets under management. Among the 10 most similar advisory firms, Biddle Capital Management has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $162.5 million for 139 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Biddle Capital Management doesn't advise any private funds.

Careers at Biddle Capital Management, Inc.

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
George David Biddle	President/chief compliance officer	1 Apr 1996	75% - 100%	2288780

Based in Wilmington

The principal office where Biddle Capital Management, Inc. performs its advisory services is located at 5801 Kennett Pike, Wilmington, DE 19807, which is also the mailing address of the firm. An additional office of the firm is in Myrtle Beach, SC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 888-369-2261 or by fax 302-225-7773. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at bcmwealth.com.