Cook & Bynum Capital Management, LLC (Birmingham)

Name: Cook & Bynum Capital Management, LLC
Address: 2830 Cahaba Road, Birmingham, AL, 35223
Telephone: 205-994-2815

Cook & Bynum Capital Management, LLC is a large advisory firm based in Birmingham. It manages $311.19 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of Alabama.

Cook & Bynum Capital Management provides portfolio management for investment companies 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.

Cook & Bynum Capital Management: assets under management

The assets under management (AUM) of Cook & Bynum Capital Management, LLC is $311.19 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 650% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $311.19 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $103.73 million each.

Cook & Bynum Capital Management has custody of $190.17 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Cook & Bynum Capital Management, LLC for their services and products based on a percentage of assets under management. 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 David Allen Hobbs serves?

The firm provides services to investment companies and pooled investment vehicles. The largest group of clients of David Allen Hobbs is pooled investment vehicles with 2 clients and $190.17 million of assets under management. Among the 7 most similar advisory firms, Cook & Bynum Capital Management has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $311.19 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Cook & Bynum Capital Management also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons ranges from $500,000 to $1,000,000.

Careers at Cook & Bynum Capital Management, LLC

The company employs 9 people that are either part- or full-time employees. 44 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.

David Allen Hobbs has been acting as President since 1 Aug 2010. Jasper Dowe Bynum joined the executive team most recently as the Founding Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Poellnitz Cook	Member	1 Dec 2006	25% - 50%	4445037
Jasper Dowe Bynum	Member	1 Dec 2006	25% - 50%	4250421
David Allen Hobbs	President/ member	1 Aug 2010	Other	4221910
Ashley Morris	Chief compliance officer	1 Jan 2013	Other	2939840
David Allen Hobbs	President/chief compliance officer/member	1 Dec 2016	Other	4221910
Jasper Dowe Bynum	Founding member	1 Dec 2018	25% - 50%	4250421

Based in Birmingham

The principal office where Cook & Bynum Capital Management, LLC performs its advisory services is located at 2830 Cahaba Road, Birmingham, AL 35223, 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 205-994-2815 or by fax 205-332-1222. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at cookandbynum.com/.