Horsley Bridge Partners LLC (San Francisco)

Name: Horsley Bridge Partners LLC
Address: 505 Montgomery Street, 21 St Fl., San Francisco, CA, 94111
Telephone: 415-986-7733

Horsley Bridge Partners LLC is a large advisory firm based in San Francisco. It manages $14.16 billion of regulatory assets for 28 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of California.

Horsley Bridge Partners provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Horsley Bridge Partners: assets under management

The assets under management (AUM) of Horsley Bridge Partners LLC is $14.16 billion. The firm's AUM has grown by 570% since the beginning of its operation, and $7.07 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $14.14 billion in discretionary accounts and $18.53 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $523.67 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $18.53 million.

Horsley Bridge Partners has custody of $14.16 billion in cash and securities for 28 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Horsley Bridge Partners LLC 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 Horsley Bridge Partners serves?

The firm provides services to pooled investment vehicles and pension and profit sharing plans. The largest group of clients of Horsley Bridge Partners is pooled investment vehicles with 27 clients and $14.14 billion of assets under management. Among the 9 most similar advisory firms, Horsley Bridge Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $14.16 billion for 28 clients. None of the firm’s clients are foreign persons or businesses.

Horsley Bridge Partners also advises several private funds. Namely, ten private equity funds and seventeen venture capital funds. The minimum investment commitment required of non-related persons ranges from $10,000,000 to $25,000,000.

Careers at Horsley Bridge Partners LLC

The company employs 40 people that are either part- or full-time employees. 30 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Alfred J. Giuffrida	Managing director and trustee	1 Mar 1997	Other	4341808
Fred E. Berkowitz	Member	1 Mar 1997	Other	4341801
Duane E. Phillips	Member	1 Mar 1997	Other	4341807
As Trustees Of The S. Phillip Horsley And Gloria C. Horsley Family Revocable Trust S. Phillip Horsley And Gloria C. Horsley	Member	1 Mar 1997	Other	xxx-xx-xxxx
Dated October 1 1993 The Reeve Family Trust	Member	1 Mar 1997	Other	xxx-xx-xxxx
Phillip S. Horsley	Trustee	1 Mar 1997	50% - 75%	4341819
Gloria L. Horsley	Trustee	1 Mar 1997	50% - 75%	4341823
Dan N. Reeve	Trustee	1 Mar 1997	50% - 75%	4341796
Linda S. Reeve	Trustee	1 Mar 1997	50% - 75%	4360443
The Gary L. Bridge Revocable Trust	Member	1 Mar 1997	Other	xxx-xx-xxxx
Gary L Bridge	Trustee	1 Mar 1997	75% - 100%	30345
Carol S. Christensen	Chief accounting officer	1 Mar 1997	Other	4341812
As Trustee Of The Gary L. Bridge Revocable Trust Gary L. Bridge	Member	1 Mar 1997	Other	xxx-xx-xxxx
As Trustee Of The Lynda S. Bridge Revocable Trust U/D/D March 4 1998 Lynda S. Bridge	Original member transferee	1 Sep 2002	Other	xxx-xx-xxxx
Lynda S. Bridge	Trustee	1 Sep 2002	75% - 100%	4341828
Lynda S. Spence	Trustee	1 Sep 2002	Other	4341828
Dan N. Reeve	Chief compliance officer	1 Jan 2003	Other	4341796
Kathryn Mayne	Managing director	1 Sep 2003	Other	4783946
Lance Cottrill	Managing director and trustee	1 Sep 2003	Other	4784096
Joshua Daly Freeman	Managing director and trustee	1 Sep 2003	Other	2529859
Kathryn Abbott	Managing director	1 Sep 2003	Other	4783946
Kathleen Mary Murphy	Chief accounting officer	1 Oct 2003	Other	3108186
2004 The Alfred J. Giuffrida Trust Dated August 20	Member	1 Jan 2005	Other	xxx-xx-xxxx
2002 Berkowitz Family 2002 Trust Dated June 28	Member	1 Jan 2005	Other	xxx-xx-xxxx
Alexandra Rabsey	Trustee	1 Jan 2005	Other	5486315
2005 Joshua D. And Chelsea J. Freeman Family Revocable Trust U/D/T Dated July 22	Member	1 Jan 2007	Other	xxx-xx-xxxx
Chelsea J. Freeman	Trustee	1 Jan 2007	Other	5486322
Kathleen Mary Murphy	Managing director/coo, chief compliance officer, trustee	1 Jan 2008	Other	3108186
Elizabeth Deborah Obershaw	Managing director and member	1 Jan 2008	Other	4389199
2007 Cottrill Family Revocable Trust U/D/T March 9	Member	1 Jan 2010	Other	xxx-xx-xxxx
Bush Family Trust	Member	1 Jan 2010	Other	xxx-xx-xxxx
Clara Vu	Chief financial officer	1 Oct 2010	Other	5907586
Yi Sun	Managing director and member	1 Jan 2011	Other	5907583
Du H. Chai	Managing director and member	1 Sep 2011	Other	6044747

Based in San Francisco

The principal office where Horsley Bridge Partners LLC performs its advisory services is located at 505 Montgomery Street, 21 St Fl., San Francisco, CA 94111, 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 415-986-7733 or by fax 415-986-7744. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at horsleybridge.com.