Belridge Capital, LLC (Chicago)

Name: Belridge Capital, LLC
Address: 1 North Franklin Street, Chicago, IL, 60606
Telephone: 3122054123

Belridge Capital, LLC is a mid-sized advisory firm based in Chicago. It manages $42.2 million of regulatory assets for 65 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California and Illinois.

Belridge Capital provides portfolio management for individuals and small businesses and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Belridge Capital: assets under management

The assets under management (AUM) of Belridge Capital, LLC is $42.2 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -62% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $42.2 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $649.27 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Belridge Capital, LLC for their services and products based on a percentage of assets under management. 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 Belridge Capital serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Belridge Capital is high net worth individuals with 33 clients and $37.46 million of assets under management. Among the 1 most similar advisory firms, Belridge Capital has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $42.2 million for 46 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.

Belridge Capital doesn't advise any private funds.

Careers at Belridge Capital, LLC

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 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
Llc Wanzenberg Partners	Owner	1 May 2014	25% - 50%	153252
Inc. Wbc I	Owner	1 May 2014	75% - 100%	47-1066450
Daniel Brook Wanzenberg	Managing member and cco	1 Jul 2014	Other	2524671

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Daniel Brook Wanzenberg	Managing member	1 Jan 2010	25% - 50%	2524671
Inc. Whittier Holdings	Owner	1 May 2014	75% - 100%	88-0328494
Richard Peter Boutin	Managing member	1 May 2014	50% - 75%	2940916

Based in Chicago

The principal office where Belridge Capital, LLC performs its advisory services is located at 1 North Franklin Street, Chicago, IL 60606, which is also the mailing address of the firm. An additional office of the firm is in San Marino, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 3122054123. The normal business hours are 8 - 5 on Monday - Friday. You can find more information about the New York firm at belridgecapital.com.