Brandywine Oak Private Wealth LLC (Kennett Square)

Name: Brandywine Oak Private Wealth LLC
Address: 500 Old Forge Lane, Kennett Square, PA, 19348
Telephone: (484) 785-0050

Brandywine Oak Private Wealth LLC is a large advisory firm based in Kennett Square. It manages $622.37 million of regulatory assets for 1,956 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Connecticut, Delaware, and 11 other states.

Brandywine Oak Private Wealth provides financial planning services, 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.

Brandywine Oak Private Wealth: assets under management

The assets under management (AUM) of Brandywine Oak Private Wealth LLC is $622.37 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 22% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $622.37 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $318.19 thousand each.

Brandywine Oak Private Wealth has custody of $90.1 million in cash and securities for 105 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 77% of the total AUM. The second-largest asset type is state and local bonds, which make up 11% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Brandywine Oak Private Wealth LLC 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 Brandywine Oak Private Wealth serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Brandywine Oak Private Wealth is high net worth individuals with 210 clients and $539.46 million of assets under management. Among the 9 most similar advisory firms, Brandywine Oak Private Wealth has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $622.37 million for 377 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.

Brandywine Oak Private Wealth doesn't advise any private funds.

Careers at Brandywine Oak Private Wealth LLC

The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 6 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
Michael J Henley	Managing member and chief executive officer	1 Jul 2018	25% - 50%	5768690
Alison C Brooks	Managing member and chief operating officer	1 Jul 2018	Other	4906461
Steve Michael Maconi	Member	1 Jul 2018	25% - 50%	1078760
Tracy B Mcguire	Member	1 Jul 2018	Other	2084657
Brittany Sara Kalsky	Chief compliance officer	1 Jul 2018	Other	6461964
Mark Richard Jackson	Member	1 Jul 2018	Other	5070165

Based in Kennett Square

The principal office where Brandywine Oak Private Wealth LLC performs its advisory services is located at 500 Old Forge Lane, Kennett Square, PA 19348, 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 (484) 785-0050 or by fax (484) 785-0049. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at brandywineoak.com and its LinkedIn profile.