Brasada Capital Management, LP (Houston)

Name: Brasada Capital Management, LP
Address: 3200 Southwest Freeway, Houston, TX, 77027
Telephone: 713-630-8390

Brasada Capital Management, LP is a large advisory firm based in Houston. It manages $477.81 million of regulatory assets for 332 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Texas.

Brasada Capital Management provides portfolio management for individuals and small businesses and 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.

Brasada Capital Management: assets under management

The assets under management (AUM) of Brasada Capital Management, LP is $477.81 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 177% since the beginning of its operation, and $181.57 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $477.81 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.44 million each.

Brasada Capital Management has custody of $22.45 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 65% of the total AUM. The second-largest asset type is investment and business development companies, which make up 27% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Brasada Capital Management, LP 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 Brasada Capital Management serves?

The firm provides services to individuals, other investment advisers, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Brasada Capital Management is high net worth individuals with 110 clients and $268.93 million of assets under management. Among the 11 most similar advisory firms, Brasada Capital Management has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $477.81 million for 332 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.

Brasada Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $200,000 for each fund.

Careers at Brasada Capital Management, LP

The company employs 11 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. 7 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
Llc Brasada Advisors	General partner	1 Jun 2008	Other	26-2750480
Mark Edward Mcmeans	Ceo, limited partner	1 Jun 2008	25% - 50%	2244625
James Gabriel Birdsall	Portfolio manager, limited partner	1 Jun 2008	25% - 50%	2634921
Robert Charles Leslie	Portfolio manager, managing director	1 Jul 2008	Other	3070146
Ronald Philip Stein	Cco, director of trading, managing director	1 Jul 2008	Other	1171716
James Gabriel Birdsall	Portfolio manager, managing director	1 Jul 2008	Other	2634921
Ann Marie Srubar	Coo	1 Feb 2010	Other	2162581
Julia Lynn Nolen	Cco, operations manager and fixed income trader	1 Mar 2014	Other	1532281
Jonathan G Reichek	Portfolio manager	1 Apr 2017	Other	4610202

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Robert Charles Leslie	Member and manager	1 Jun 2008	25% - 50%	3070146
Ronald Philip Stein	Member and manager	1 Jun 2008	25% - 50%	1171716

Based in Houston

The principal office where Brasada Capital Management, LP performs its advisory services is located at 3200 Southwest Freeway, Houston, TX 77027, 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 713-630-8390 or by fax 281-822-1189. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at brasadacapital.com.