Biglari Capital LLC (San Antonio)

Biglari Capital LLC is a large advisory firm based in San Antonio. It manages $1.01 billion of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Texas.

Biglari Capital 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.

Biglari Capital: assets under management

The assets under management (AUM) of Biglari Capital LLC is $1.01 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 72% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.01 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $504.3 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Biglari Capital LLC for their services and products based on 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 Biglari Capital serves?

The only and largest group of clients of Biglari Capital is pooled investment vehicles with 2 clients and $1.01 billion of assets under management. Among the 6 most similar advisory firms, Biglari Capital has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $1.01 billion for 2 clients. None of the firm’s clients are foreign persons or businesses.

Biglari Capital also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Biglari Capital LLC

The company employs 4 people that are either part- or full-time employees. 25 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
Sardar Biglari	Chairman & ceo / managing member	1 Oct 2000	75% - 100%	4446157
Bruce Lewis	Chief compliance officer	1 Jul 2013	Other	6226333

Based in San Antonio

The principal office where Biglari Capital LLC performs its advisory services is located at 17802 Ih 10 West, San Antonio, TX 78257, 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 210-344-3400 or by fax 210-344-3411. The normal business hours are 9am-5pm on Monday - Friday.