Beach Investment Management LLC. (West Conshohocken)

Beach Investment Management LLC. is a related adviser based in West Conshohocken. It manages $75.84 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Pennsylvania.

Beach Investment 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 also engages as investment firm.

Beach Investment Management: assets under management

The assets under management (AUM) of Beach Investment Management LLC. is $75.84 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 78% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $75.84 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $37.92 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Beach Investment Management LLC. 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 Beach Investment Management serves?

The only and largest group of clients of Beach Investment Management is pooled investment vehicles with 2 clients and $75.84 million of assets under management. Among the 3 most similar advisory firms, Beach Investment Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $75.84 million for 2 clients. None of the firm’s clients are foreign persons or businesses.

Beach Investment Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Beach Investment Management LLC.

The company employs 12 people that are either part- or full-time employees. 33 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
Walter Thomas Beach	Managing member	1 Jan 1998	75% - 100%	2324814
Thomas Earl Beach	Managing member	1 Jan 1998	Other	1795713
Cheri Ann Cecchin	Chief compliance officer	1 Mar 2013	Other	6179204

Based in West Conshohocken

The principal office where Beach Investment Management LLC. performs its advisory services is located at 300 Barr Harbor Drive, West Conshohocken, PA 19428, 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 610-940-1111 or by fax 610-940-1118. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.