Barnstone Advisors LLC (Phoenixville)

Name: Barnstone Advisors LLC
Address: 388 West Pothouse Road, Phoenixville, PA, 19460
Telephone: 610-917-2210

Barnstone Advisors LLC is a large advisory firm based in Phoenixville. It manages $105.56 million of regulatory assets for 124 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of Pennsylvania.

Barnstone Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Barnstone Advisors: assets under management

The assets under management (AUM) of Barnstone Advisors LLC is $105.56 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 252% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $105.56 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $851.29 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 63% of the total AUM. The second-largest asset type is exchange traded securities, which make up 16% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Barnstone Advisors LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Barnstone Advisors serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Barnstone Advisors is high net worth individuals with 28 clients and $94.33 million of assets under management. Among the 9 most similar advisory firms, Barnstone Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $105.27 million for 70 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.

Barnstone Advisors doesn't advise any private funds.

Careers at Barnstone Advisors LLC

The company employs 3 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
James Brinton Detwiler	Managing member, chief compliance officer	1 Apr 2007	75% - 100%	5374270

Based in Phoenixville

The principal office where Barnstone Advisors LLC performs its advisory services is located at 388 West Pothouse Road, Phoenixville, PA 19460, 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 610-917-2210 or by fax 610-933-8144. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at barnstoneadvisors.com.