Truebridge Capital Partners LLC (Chapel Hill)

Name: Truebridge Capital Partners LLC
Address: 1011 South Hamilton Road, Chapel Hill, NC, 27517
Telephone: 919-442-5201

Truebridge Capital Partners LLC is a large advisory firm based in Chapel Hill. It manages $3.26 billion of regulatory assets for 40 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of North Carolina.

Truebridge Capital Partners provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as consulting services.

Truebridge Capital Partners: assets under management

The assets under management (AUM) of Truebridge Capital Partners LLC is $3.26 billion. The firm's AUM has grown by 1790% since the beginning of its operation, and $128.58 million of the total AUM is attributable to clients outside of the United States.

The firm manages $3.23 billion in discretionary accounts and $28.4 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $82.74 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $28.4 million.

Truebridge Capital Partners has custody of $3.23 billion in cash and securities for 40 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Truebridge Capital Partners LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Truebridge Capital Partners serves?

The only and largest group of clients of Truebridge Capital Partners is pooled investment vehicles with 40 clients and $3.26 billion of assets under management. Among the 10 most similar advisory firms, Truebridge Capital Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.26 billion for 40 clients. 7% of the firm’s clients are foreign persons or businesses.

Truebridge Capital Partners also advises several private funds. Namely, thirty two other private funds and one venture capital fund. The minimum investment commitment required of non-related persons ranges from $0 to $5,000,000.

Careers at Truebridge Capital Partners LLC

The company employs 19 people that are either part- or full-time employees. 47 percent of the employees work as investment advisers or researchers. No 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 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
Edwin Averyt Poston	Managing member	1 Oct 2007	50% - 75%	2660375
Mel Andrew Williams	Managing member	1 Oct 2007	50% - 75%	1958144
Edwin Stuart Powell	Chief compliance officer/elected manager	1 Jul 2008	Other	1224688
L.P. Sozo Ventures Gp I	General partner to the sozo ventures - truebridge fund i, l.p. truebridge is a minority member of sozo ventures g.p. i, l.p.	1 Apr 2013	25% - 50%	170724
L.P. Sozo Ventures Gp Ii	General partner to the sozo ventures - truebridge fund ii, l.p. truebridge is a minority member of sozo ventures g.p. ii, l.p.	1 Feb 2016	25% - 50%	47-1906280
Dominic Wai Sing Hong	Chief compliance officer & chief financial officer	1 Sep 2017	Other	6866777

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Truebridge Capital Partners	Member of sozo ventures gp i, l.p.	1 Apr 2013	25% - 50%	155425
Truebridge Capital Partners	Member of sozo ventures gp ii, l.p.	1 Feb 2016	25% - 50%	155425

Based in Chapel Hill

The principal office where Truebridge Capital Partners LLC performs its advisory services is located at 1011 South Hamilton Road, Chapel Hill, NC 27517, 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 919-442-5201 or by fax 919-869-1444. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at truebridgecapital.com and its LinkedIn profile.