B&T Capital Management, Incorporated (Austin)

Name: B&T Capital Management, Incorporated
Address: 5407 Parkcrest Drive, Austin, TX, 78731
Telephone: 512-322-9318

B&T Capital Management, Incorporated is a large advisory firm based in Austin. It manages $543.16 million of regulatory assets for 951 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California and Texas.

B&T Capital Management, Incorporated provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

B&T Capital Management, Incorporated: assets under management

The assets under management (AUM) of B&T Capital Management, Incorporated is $543.16 million. The firm's AUM has grown by 1225% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $319.35 million in discretionary accounts and $223.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $355.62 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.22 million.

B&T Capital Management, Incorporated has custody of $226.18 million in cash and securities for 14 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment grade corporate bonds the most. They account for 51% of the total AUM. The second-largest asset type is exchange traded securities, which make up 40% 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 B&T Capital Management, Incorporated for their services and products based on a percentage of assets under management 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 B&T Capital Management, Incorporated serves?

The firm provides services to individuals, insurance companies, charitable organizations, and high net worth individuals. The largest group of clients of B&T Capital Management, Incorporated is high net worth individuals with 91 clients and $237.49 million of assets under management. Among the 10 most similar advisory firms, B&T Capital Management, Incorporated has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $543.16 million for 331 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

B&T Capital Management, Incorporated doesn't advise any private funds.

Careers at B&T Capital Management, Incorporated

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Michael Terence Turner	Managing partner	1 Jun 2002	50% - 75%	2764797
Buddie Cloys Ballard	Managing partner	1 Sep 2002	50% - 75%	1580166
Carla Mcgowin Caldwell	Compliance manager	1 Sep 2002	Other	2190016
Jessica Moller Forrest	Chief compliance officer	1 Jan 2006	Other	1812899

Based in Austin

The principal office where B&T Capital Management, Incorporated performs its advisory services is located at 5407 Parkcrest Drive, Austin, TX 78731, 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 512-322-9318 or by fax 512-322-9364. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at alphacapm.com.