Brooke Private Equity Associates Management LLC (Boston)

Name: Brooke Private Equity Associates Management LLC
Address: 20 Custom House Street, Boston, MA, 02110
Telephone: 617-227-3160

Brooke Private Equity Associates Management LLC is a large advisory firm based in Boston. It manages $606.75 million of regulatory assets for 17 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Massachusetts.

Brooke Private Equity Associates 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.

Brooke Private Equity Associates Management: assets under management

The assets under management (AUM) of Brooke Private Equity Associates Management LLC is $606.75 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 93% since the beginning of its operation, and $64.33 million of the total AUM is attributable to clients outside of the United States.

The firm manages $606.75 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $35.69 million each.

Brooke Private Equity Associates Management has custody of $384 million in cash and securities for 17 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Brooke Private Equity Associates Management LLC 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.

What kind of clients Brooke Private Equity Associates Management serves?

The only and largest group of clients of Brooke Private Equity Associates Management is pooled investment vehicles with 17 clients and $606.75 million of assets under management. Among the 8 most similar advisory firms, Brooke Private Equity Associates Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $606.75 million for 17 clients. 24% of the firm’s clients are foreign persons or businesses.

Brooke Private Equity Associates Management also advises several private funds. Namely, seventeen private equity funds. The minimum investment commitment required of non-related persons ranges from $250,000 to $6,000,000.

Careers at Brooke Private Equity Associates Management LLC

The company employs 12 people that are either part- or full-time employees. 58 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
John Fessenden Brooke	Managing director and member	1 Mar 2004	50% - 75%	2259859
Christopher Marshall Austen	Managing director and member	1 Sep 2008	25% - 50%	4390645
Peter Winship Brooke	Member	1 Dec 2009	Other	6022426
Samuel Russell Brooke	Member	1 Dec 2009	Other	6022427
Laurie Anne Callicutt	Chief compliance officer	1 Jul 2011	Other	6020898
Lynn Erin Wilkins	Vice president of finance	1 Jul 2011	Other	6021026
Byers Ross Stephen	Chief financial officer	1 May 2016	Other	6662774
Stephen Ross Byers	Chief financial officer	1 May 2016	Other	6662774

Based in Boston

The principal office where Brooke Private Equity Associates Management LLC performs its advisory services is located at 20 Custom House Street, Boston, MA 02110, 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 617-227-3160 or by fax 617-737-8717. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at brookepea.com and its LinkedIn profile.