Bourgeon Capital Management LLC (Darien)

Name: Bourgeon Capital Management LLC
Address: 777 Post Road, Darien, CT, 06820
Telephone: 203-280-1170

Bourgeon Capital Management LLC is a large advisory firm based in Darien. It manages $344.1 million of regulatory assets for 337 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Florida, New York, and Pennsylvania.

Bourgeon Capital Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Bourgeon Capital Management: assets under management

The assets under management (AUM) of Bourgeon Capital Management LLC is $344.1 million. The firm's AUM has grown by 195% since the beginning of its operation, and $30.3 million of the total AUM is attributable to clients outside of the United States.

The firm manages $314.2 million in discretionary accounts and $29.9 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $957.93 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.32 million.

Bourgeon Capital Management has custody of $280 million in cash and securities for 224 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 14% of the firm’s portfolio. Investments in investment and business development companies form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bourgeon Capital Management LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bourgeon Capital Management serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Bourgeon Capital Management is high net worth individuals with 75 clients and $223.8 million of assets under management. Among the 13 most similar advisory firms, Bourgeon Capital Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $344.1 million for 309 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.

Bourgeon Capital Management doesn't advise any private funds.

Careers at Bourgeon Capital Management LLC

The company employs 8 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 2 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
John Aniblo Zaro	Managing member	1 Feb 1999	50% - 75%	715399
John A. Zaro	Managing member & president	1 Feb 1999	75% - 100%	xxx-xx-xxxx
Robert & Christine Emmons Charitable Trust	Member	1 Jun 1999	Other	77-044-9133
Phillip Moffitt Revocable Trust	Member	1 Jun 1999	Other	xxx-xx-xxxx
Peter Stalker Iii Revocable Trust	Member	1 Jun 1999	Other	xxx-xx-xxxx
Peter Stalker	Member	1 Jun 1999	Other	xxx-xx-xxxx
Zaro Family Trust	Member	1 Jun 1999	Other	95-666-5516
Joseph Michael Berwind	Member	1 Jan 2002	Other	4506373
Joseph Michael Berwind	Compliance officer and co-manager, bourgeon partners, lp	1 Sep 2004	Other	4506373
John M. Nevin	Member	1 Oct 2004	Other	xxx-xx-xxxx
John M. Nevin	Member;chief compliance officer	1 Feb 2005	Other	xxx-xx-xxxx
John Merritt Nevin	Member; chief compliance officer	1 Feb 2005	Other	4346245
Claire Kramer	Member	1 Jan 2011	Other	5896222
Michael P Kramer	Member	1 Jan 2011	Other	5896227
Laura Kim Drynan	Member	1 May 2011	Other	2160154
Thomas Bayard Lewis	Director of business development & cco	1 Jan 2014	Other	721096

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Robert Emmons	Trustee	1 Jan 1989	75% - 100%	6129882
Phillip W Moffitt	Trustee	1 Feb 1993	75% - 100%	6129890
Phillip Moffitt	Member	1 Jun 1999	25% - 50%	xxx-xx-xxxx
Letitia T. Zaro	Member	1 Jun 1999	25% - 50%	95-666-5516
John A. Zaro	Member	1 Jun 1999	75% - 100%	95-666-5516
Robert J. Emmons	Member	1 Jun 1999	25% - 50%	77-044-9133
Christine B. Emmons	Member	1 Jun 1999	25% - 50%	77-044-9133
Peter Stalker	Trustee	1 Mar 2007	75% - 100%	5289472

Based in Darien

The principal office where Bourgeon Capital Management LLC performs its advisory services is located at 777 Post Road, Darien, CT 06820, 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 203-280-1170 or by fax 203-662-1100. The normal business hours are 9:00a.m.-5:00p.m. on Monday - Friday. You can find more information about the New York firm at bourgeoncapital.com.