Brazos Capital, LLC (Austin)


Brazos Capital, LLC is a large advisory firm based in Austin. It manages $94.64 million of regulatory assets for 360 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Texas.

Brazos Capital provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and asset allocation services/advisory consulting/family office. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Brazos Capital: assets under management

The assets under management (AUM) of Brazos Capital, LLC is $94.64 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $94.64 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $262.9 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 49% of the total AUM. The second-largest asset type is exchange traded securities, which make up 43% of the firm’s portfolio. Investments in state and local bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Brazos Capital, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed 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 Brazos Capital serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Brazos Capital is high net worth individuals with 37 clients and $90.79 million of assets under management. Among the 8 most similar advisory firms, Brazos Capital has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $94.64 million for 49 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.

Brazos Capital doesn't advise any private funds.

Careers at Brazos Capital, LLC

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Richard Anthony Funk Chief compliance officer/managing member 1 Jul 2017 75% - 100% 4423609

Based in Austin

The principal office where Brazos Capital, LLC performs its advisory services is located at 200 Congress Avenue, Austin, TX 78701, 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 512-827-0826. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at brazoscapitalgroup.com.