Brookline Investments, Inc. is a large advisory firm based in Birmingham. It manages $137.61 million of regulatory assets for 47 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, California, Georgia, Tennessee, and Wisconsin.
Brookline Investments provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, 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.
The assets under management (AUM) of Brookline Investments, Inc. is $137.61 million. 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 advisory firm has several streams of revenue. Clients pay Brookline Investments, 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.
The firm provides services to high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Brookline Investments is pooled investment vehicles with 11 clients and $96.72 million of assets under management. Among the 8 most similar advisory firms, Brookline Investments has the 2nd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $137.61 million for 47 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.
Brookline Investments also advises several private funds. Namely, one other private fund, four private equity funds, and four venture capital funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $500,000.
The company employs 2 people that are either part- or full-time employees. 100 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.
The principal office where Brookline Investments, Inc. performs its advisory services is located at 2501 20 Th Place South, Suite 275, Birmingham, AL 35223, 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 205-263-2332 or by fax 205-202-7468. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at brooklineinvestments.com.