Bruce S. Brickman & Associates, Inc. (New York)

Name: Bruce S. Brickman & Associates, Inc.
Address: 712 Fifth Ave, New York, NY, 10019
Telephone: (212) 541-5500

Bruce S. Brickman & Associates, Inc. is a large advisory firm based in New York. It manages $369.37 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.

Bruce S. Brickman & Associates provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Bruce S. Brickman & Associates: assets under management

The assets under management (AUM) of Bruce S. Brickman & Associates, Inc. is $369.37 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -48% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $369.37 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $46.17 million each.

Bruce S. Brickman & Associates has custody of $369.37 million in cash and securities for 8 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bruce S. Brickman & Associates, Inc. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bruce S. Brickman & Associates serves?

The only and largest group of clients of Bruce S. Brickman & Associates is pooled investment vehicles with 8 clients and $369.37 million of assets under management. Among the 10 most similar advisory firms, Bruce S. Brickman & Associates has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $369.37 million for 8 clients. None of the firm’s clients are foreign persons or businesses.

Bruce S. Brickman & Associates also advises several private funds. Namely, eight hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Bruce S. Brickman & Associates, Inc.

The company employs 21 people that are either part- or full-time employees. 48 percent of the employees work as investment advisers or researchers. No 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
Bruce Brickman	President, shareholder of registrant	1 Jan 1993	25% - 50%	5893317
Inc. Bruce S. Brickman & Associates	Sole member of group 1 of relying advisers	1 Jan 1993	75% - 100%	13-3719634
Roderick Oconnor	Member of brickman real estate fund ii gp, brickman fund iii gp, brickman fund iv gp, brickman co-investment fund gp	1 Jan 1993	25% - 50%	1225686
Bruce Stuart Brickman	President, shareholder of registrant	1 Jan 1993	50% - 75%	5893317
Kathleen Foristall Corton	Vice president and shareholder of registrant	1 Apr 1999	25% - 50%	1375796
Michael Esquenazi	Chief compliance officer, treasurer of registrant	1 Feb 2012	Other	1289460
Kathleen Foristall Corton	Managing member (hillcrest finance mach i and ii llc)	1 Feb 2013	50% - 75%	1375796
Bruce Stuart Brickman	Member (hillcrest finance mach i and ii llc)	1 Oct 2013	25% - 50%	5893317
Steven Howard Klein	Member of brickman fund v gp, l.l.c. and brickman fund vi gp, l.l.c.	1 Jun 2014	25% - 50%	1315914
Francis Douglas Barnes	Member of brickman fund vi gp, l.l.c.	1 Feb 2015	Other	2500053
Llc Hillcrest Finance	Owner (hillcrest credit and income fund ii manager, llc)	1 May 2016	75% - 100%	61-1799628

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Kathleen Foristall Corton	Owner	1 May 2016	75% - 100%	1375796

Based in New York

The principal office where Bruce S. Brickman & Associates, Inc. performs its advisory services is located at 712 Fifth Ave, New York, NY 10019, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (212) 541-5500 or by fax 212-956-5961. The normal business hours are 8:30-5:30 pm on Monday - Friday. You can find more information about the New York firm at brickmanre.com.