Biddle Capital Management, Inc. is a large advisory firm based in Wilmington. It manages $162.5 million of regulatory assets for 335 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Delaware, Maryland, Pennsylvania, and South Carolina.
Biddle Capital Management provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and fee based insurance; wealth planning. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Biddle Capital Management, Inc. is $162.5 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 36% 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 Biddle Capital Management, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of George David Biddle is pension and profit sharing plans with 40 clients and $107.1 million of assets under management. Among the 10 most similar advisory firms, Biddle Capital Management has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $162.5 million for 139 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.
Biddle Capital Management doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 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 Biddle Capital Management, Inc. performs its advisory services is located at 5801 Kennett Pike, Wilmington, DE 19807, which is also the mailing address of the firm. An additional office of the firm is in Myrtle Beach, SC. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 888-369-2261 or by fax 302-225-7773. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at bcmwealth.com.