Bell Asset Management Limited (Melbourne)


Bell Asset Management Limited is a large advisory firm based in Melbourne. It manages $1.36 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2009.

Bell Asset Management Limited 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.

Bell Asset Management Limited: assets under management

The assets under management (AUM) of Bell Asset Management Limited is $1.36 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -34% since the beginning of its operation, and $1.03 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $1.36 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $194.2 million each.

Investments

The firm invests in exchange traded securities the most. They account for 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Bell Asset Management Limited 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 Bell Asset Management Limited serves?

The only and largest group of clients of Bell Asset Management Limited is pooled investment vehicles with 2 clients and $271.57 million of assets under management. Among the 10 most similar advisory firms, Bell Asset Management Limited has the 4th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $271.57 million for 2 clients. 75% of the firm’s clients are foreign persons or businesses.

Bell Asset Management Limited also advises several private funds.

Careers at Bell Asset Management Limited

The company employs 20 people that are either part- or full-time employees. 35 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 compensates 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
Ned Joseph Bell Executive director/shareholder 1 Apr 2007 Other 5122638
Bell Asset Management Holdings Limited Shareholder 1 Apr 2007 75% - 100% 108667
Bell Asset Management Ltd Shareholder 1 Apr 2007 75% - 100% 108667
Nicholas James Fels Chief compliance officer 1 Dec 2008 Other 5652120
Robert Brian Sullivan Shareholder 1 Dec 2016 Other 6775155
Adrian Martuccio Shareholder 1 Dec 2017 Other 6775879

Indirect Owners

The SEC currently registers 8 indirect owners.

Name Entity Date acquired Ownership Employer ID
Bell Group Holdings Limited Shareholder 1 Mar 1998 50% - 75% foreign
Lewis Morton Bell Shareholder 1 Mar 1998 25% - 50% 4373336
Andrew George Bell Shareholder 1 Mar 1998 25% - 50% 4373339
Bell Group Holdings Pty Limited Shareholder 1 Mar 1998 25% - 50% foreign
Colin Morton Bell Shareholder 1 Apr 2007 25% - 50% 4373333
David Alastair Provan Shareholder 1 Apr 2007 25% - 50% 4373341
Bell Group Holdings Pty Limited (Formerly Bell Commodities Limited) Shareholder 1 Apr 2007 50% - 75% n/a
Bell Group Holdings Pty Limited Shareholder 1 Apr 2007 50% - 75% n/a

Based in Melbourne

The principal office where Bell Asset Management Limited performs its advisory services is located at Level 20, 101 Collins Street, Melbourne, 3000, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 613 8637 6097 or by fax 613 8637 6099. The normal business hours are 9.00am to 5.00pm on Monday - Friday. You can find more information about the New York firm at bellasset.com.au.