Brookmont Capital Management, LLC (Dallas)

Name: Brookmont Capital Management, LLC
Address: 2000 Mckinney Avenue, Dallas, TX, 75201
Telephone: 214-953-0190

Brookmont Capital Management, LLC is a large advisory firm based in Dallas. It manages $300.68 million of regulatory assets for 150 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 22 other states.

Brookmont Capital Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, publication of newsletters, and portfolio management strategy consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Brookmont Capital Management: assets under management

The assets under management (AUM) of Brookmont Capital Management, LLC is $300.68 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1061% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $300.68 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2 million each.

Investments

The firm invests in exchange traded securities the most. They account for 89% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 4% of the firm’s portfolio. Investments in state and local bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Brookmont Capital Management, LLC 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 Brookmont Capital Management serves?

The only and largest group of clients of Brookmont Capital Management is high net worth individuals with 44 clients and $178.35 million of assets under management. Among the 8 most similar advisory firms, Brookmont Capital Management has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $178.35 million for 44 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.

Brookmont Capital Management doesn't advise any private funds.

Careers at Brookmont Capital Management, LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 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
Robert Clarence Bugg	Managing member, chief investment officer & chief compliance officer	1 Aug 2007	50% - 75%	5445476
Neal Ray Scott	Managing member & fixed income manager	1 Aug 2007	50% - 75%	2174060

Based in Dallas

The principal office where Brookmont Capital Management, LLC performs its advisory services is located at 2000 Mckinney Avenue, Dallas, TX 75201, 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 214-953-0190 or by fax 214-953-0394. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at brookmont.com.