Buckhead Investment Partners, LLC (Atlanta)

Name: Buckhead Investment Partners, LLC
Address: 3575 Piedmont Rd, Atlanta, GA, 30305
Telephone: 404-495-5230

Buckhead Investment Partners, LLC is a large advisory firm based in Atlanta. It manages $864.01 million of regulatory assets for 2,763 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alabama, Florida, Georgia, and 5 other states.

Buckhead Investment Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, 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.

Buckhead Investment Partners: assets under management

The assets under management (AUM) of Buckhead Investment Partners, LLC is $864.01 million. The firm's AUM has grown by 2369% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $705.41 million in discretionary accounts and $158.6 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $338.65 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $233.23 thousand.

Buckhead Investment Partners has custody of $562.17 million in cash and securities for 534 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 42% of the total AUM. The second-largest asset type is investment and business development companies, which make up 33% of the firm’s portfolio. Investments in non-exchange traded securities form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Buckhead Investment Partners, LLC for their services and products based on a percentage of assets under management 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 Robert Glenn Pennington serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Robert Glenn Pennington is high net worth individuals with 284 clients and $687.18 million of assets under management. Among the 9 most similar advisory firms, Buckhead Investment Partners has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $864.01 million for 696 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.

Buckhead Investment Partners doesn't advise any private funds.

Careers at Buckhead Investment Partners, LLC

The company employs 23 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 16 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Robert Glenn Pennington has been acting as President since 1 Jun 2015. William Joseph Harris joined the executive team most recently as the Managing Partner/Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mark Andrew Buffington	Managing member	1 Jan 2007	25% - 50%	4419164
Llc Bip Managing Partner	Member	1 Apr 2007	75% - 100%	45-4855856
William Joseph Harris	Managing member/chief compliance officer	1 May 2007	25% - 50%	2166332
Mark Andrew Buffington	Chief compliance officer	1 Jul 2012	Other	4419164
Christy M Johnson	Chief operating officer	1 Aug 2012	Other	5663954
Robert Glenn Pennington	President	1 Jun 2015	Other	4860101
Robert Glenn Pennington	Chief compliance officer	1 Oct 2015	Other	4860101
William Joseph Harris	Managing partner/chief compliance officer	1 Mar 2017	Other	2166332

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Mark Andrew Buffington	Member	1 Apr 2007	50% - 75%	4419164
William Joseph Harris	Member	1 Apr 2007	50% - 75%	2166332

Based in Atlanta

The principal office where Buckhead Investment Partners, LLC performs its advisory services is located at 3575 Piedmont Rd, Atlanta, GA 30305, which is also the mailing address of the firm. An additional office of the firm is in Alpharetta, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 404-495-5230 or by fax 404-495-5239. The normal business hours are 8:30-5:00 on Monday - Friday. You can find more information about the New York firm at buckheadinvestments.com.