North Berkeley Investment Partners, LLC (Berkeley)


North Berkeley Investment Partners, LLC is a large advisory firm based in Berkeley. It manages $318.94 million of regulatory assets for 1,089 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, Hawaii, New York, Oregon, and Texas.

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North Berkeley Investment Partners provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

North Berkeley Investment Partners: assets under management

The assets under management (AUM) of North Berkeley Investment Partners, LLC is $318.94 million. The firm's AUM has grown by 243% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $306.43 million in discretionary accounts and $12.51 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $285.58 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $782 thousand.
North Berkeley Investment Partners has custody of $628.48 thousand in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 82% of the total AUM. The second-largest asset type is exchange traded securities, which make up 15% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay North Berkeley Investment Partners, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed 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 North Berkeley Investment Partners serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of North Berkeley Investment Partners is high net worth individuals with 100 clients and $235.19 million of assets under management. Among the 10 most similar advisory firms, North Berkeley Investment Partners has the 2nd highest percentage of high net worth individuals out of all clients.


The amount of regulatory assets under management is $318.94 million for 270 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.

North Berkeley Investment Partners doesn't advise any private funds.

Careers at North Berkeley Investment Partners, LLC

The company employs 10 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 8 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 receive compensation from other entities for client referrals.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Susan Katherine Campbell Manager; chief compliance officer 1 Jul 2005 25% - 50% 2377541
Susan Mary Reinhold Manager 1 Aug 2005 25% - 50% 5014945
Theodore Harper Tilles Partner 1 Jan 2012 Other 3220864
Brian Thomas Kozel Manging member 1 Jan 2017 25% - 50% 5601007

Based in Berkeley

The principal office where North Berkeley Investment Partners, LLC performs its advisory services is located at 900 Colusa Avenue, Berkeley, CA 94707, 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 510-528-5820 or by fax 510-528-0711. The normal business hours are 8 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at northberkeleyinvestment.net.