Rockbridge Growth Equity Management, L.P. (Detroit)


Rockbridge Growth Equity Management, L.P. is a large advisory firm based in Detroit. It manages $362 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Michigan.

Rockbridge Growth Equity Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Rockbridge Growth Equity Management: assets under management

The assets under management (AUM) of Rockbridge Growth Equity Management, L.P. is $362 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $362 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $90.5 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Rockbridge Growth Equity Management, L.P. for their services and products based on a percentage of assets under management and performance-based 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 Rockbridge Growth Equity Management serves?

The only and largest group of clients of Rockbridge Growth Equity Management is pooled investment vehicles with 4 clients and $362 million of assets under management. Among the 10 most similar advisory firms, Rockbridge Growth Equity Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $362 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Rockbridge Growth Equity Management also advises several private funds. Namely, four private equity funds. The minimum investment commitment required of non-related persons is $10,000,000 for each fund.

Careers at Rockbridge Growth Equity Management, L.P.

The company employs 8 people that are either part- or full-time employees. 88 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
Llc Rb Equity Ugp General partner 1 Nov 2018 Other 83-2422909
Kevin John Prokop Managing director / limited partner 1 Nov 2018 25% - 50% 7043161
Brian Michael Hermelin Managing director / limited partner 1 Nov 2018 25% - 50% 1728488
Steven John Linden Partner / limited partner 1 Nov 2018 Other 4537745
Deanna Marie Kuzel Chief compliance officer 1 Nov 2018 Other 7043164
Maura Teresa Hynes Cco & cfo 1 Apr 2019 Other 7131632

Based in Detroit

The principal office where Rockbridge Growth Equity Management, L.P. performs its advisory services is located at One Campus Martius, Detroit, MI 48226, 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 313-373-7898. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at rbequity.com and its LinkedIn profile.