Bronfman E.L. Rothschild, L.P. (Rockville)

Name: Bronfman E.L. Rothschild, L.P.
Address: One Preserve Parkway, Rockville, MD, 20852
Telephone: 888-303-2357

Bronfman E.L. Rothschild, L.P. is a large advisory firm based in Rockville. It manages $5.84 billion of regulatory assets for 2,332 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Alabama, Arizona, California, and 30 other states.

Bronfman E.L. Rothschild provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Bronfman E.L. Rothschild: assets under management

The assets under management (AUM) of Bronfman E.L. Rothschild, L.P. is $5.84 billion. The firm's AUM has grown by 211% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.58 billion in discretionary accounts and $251.96 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.47 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.45 million.

Bronfman E.L. Rothschild has custody of $2.18 billion in cash and securities for 1,780 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 61% of the total AUM. The second-largest asset type is exchange traded securities, which make up 23% of the firm’s portfolio. Investments in state and local bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bronfman E.L. Rothschild, L.P. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Almog Geva serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Almog Geva is high net worth individuals with 723 clients and $2.91 billion of assets under management. Among the 11 most similar advisory firms, Bronfman E.L. Rothschild has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $5.84 billion for 2,332 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.

Bronfman E.L. Rothschild doesn't advise any private funds.

Careers at Bronfman E.L. Rothschild, L.P.

The company employs 95 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 62 employees are registered as investment adviser representatives with the state securities authorities.

There are 11 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 receive compensation from other entities for client referrals.

Almog Geva has been acting as President since 1 May 2013. Michael Anthony Lamena joined the executive team most recently as the Chief Executive Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Brian David Powers	Chief compliance officer, chief operating officer and executive vice president	1 Mar 2006	Other	4354241
Belr Partners Lp	Limited partner	1 May 2013	Other	46-2681171
Bronfman E.L. Rothschild Partners Llc	General partner	1 May 2013	Other	46-2681466
Almog Geva	Director	1 May 2013	Other	6193568
Eli Goldstein	Director	1 May 2013	Other	5388509
Matthew Bronfman	Director	1 May 2013	Other	4782694
Lynn Forester De Rothschild	Director	1 May 2013	Other	6194796
Bruce Robert Laning	President	1 May 2014	Other	2427715
Kelly Lynn Baumbach	Limited partner	1 May 2014	Other	3277458
Steven Roland Parish	Limited partner	1 May 2014	Other	2040509
Brion Scott Collins	Limited partner	1 May 2015	Other	3120481
Neal Jerry Simon	Chief executive officer	1 Aug 2015	Other	1692810
Llc Highline Wealth Management	Limited partner	1 Aug 2015	Other	142542
Lo & Mo Inc.	Limited partner	1 Aug 2015	Other	26-2925077
William Brian Schwartz	Director	1 Aug 2015	Other	2744450
Belr Investors I Llc	Limited partner	1 Aug 2015	Other	47-3914038
Almog Geva	Director	1 Oct 2015	Other	6193568
Hoyt Ronald Stastney	Chief legal officer and chief compliance officer	1 Nov 2016	Other	6728198
Lynn Forester De Rothschild	Director	1 Mar 2017	Other	6194796
Michael Anthony Lamena	Chief operating officer	1 Sep 2017	Other	2797064
Michael Anthony Lamena	Chief executive officer	1 May 2019	Other	2797064
Eric Matthew Sontag	Chief operations officer	1 May 2019	Other	6011088
Sontag Advisory Llc	Owner	1 May 2019	75% - 100%	106181
Howard Vaughn Sontag	Sr. managing director	1 May 2019	Other	1142659
Llc Sontag Br Gp	General partner	1 May 2019	Other	84-1952550

Indirect Owners

The SEC currently registers 30 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Matthew Bronfman	Trustee	1 Mar 1989	Other	4782694
Jr. Edgar Miles Bronfman	Trustee	1 Mar 1989	Other	6023427
Matthew Bronfman & Edgar Bronfman Jr As Trustees Of Matthew Bronfman Recipient Pour Off Trust F/B/O Matthew Bronfman	Partner	1 Dec 1998	25% - 50%	13-6918128
Llc Ba Iii Acquisition Co.	Partner	1 Dec 2003	50% - 75%	51-0498718
Matthew Bronfman	Member	1 Dec 2003	75% - 100%	4782694
Nfp Corp.	Shareholder	1 Aug 2005	75% - 100%	13-4029115
Yaacov Shulem Fisher	Member	1 Sep 2005	25% - 50%	6193641
Matthew Bronfman	Member/manager	1 Sep 2005	50% - 75%	4782694
Simon Management Company	Managing member	1 Mar 2007	50% - 75%	55-0792590
Neal Jerry Simon	Shareholder	1 Mar 2007	75% - 100%	1692810
William Brian Schwartz	Shareholder	1 Aug 2008	75% - 100%	2744450
Rysaffe Fiduciaries Sarl	Trustee	1 Sep 2010	Other	foreign entity
Bhb Acquisitions Llc	Limited partner	1 Apr 2013	25% - 50%	46-2681004
Bhb Acquisitions Ii Llc	Member	1 Apr 2013	75% - 100%	46-2678132
Bronfman E.L. Rothschild Partners Llc	General partners	1 Apr 2013	Other	46-2681466
Rysaffe Fiduciaries Sarl As Trustee Of Elr General Investment Trust	Member	1 Apr 2013	50% - 75%	foreign entity
Matthew Bronfman	Manager	1 Apr 2013	Other	4782694
Almog Geva	Manager	1 Apr 2013	Other	6193568
Eli Goldstein	Manager	1 Apr 2013	Other	5388509
Bronfman Associates Iii	Member	1 Apr 2013	25% - 50%	13-4038685
Bhb Holdings L.L.C.	Member	1 Apr 2013	25% - 50%	33-1126468
Rysaffe Fiduciaries Sarl As Trustees Of Elr General Investment Trust	Limited partner	1 May 2013	25% - 50%	foreign entity
Nfp Intermediate Holdings B. Corp.	Owner	1 Jul 2013	75% - 100%	46-2704384
Nfp Intermediate Holdings A. Corp.	Owner	1 Jul 2013	75% - 100%	46-2723281
Llc Nfp Holdings	Owner	1 Jul 2013	75% - 100%	30-0781325
Madison Dearborn Partners	General partner	1 Jul 2013	Other	157349
L.P. Madison Dearborn Capital Partners Vi A	Owner	1 Jul 2013	25% - 50%	26-1274415
L.P. Madison Dearborn Partners Vi A&C	General partner	1 Jul 2013	Other	26-1267403
Llc Nfp Parent Co	Owner	1 Oct 2014	75% - 100%	47-1953275
Llc Nfp Ultimate Holdings	Owner	1 Feb 2017	75% - 100%	81-5114348

Based in Rockville

The principal office where Bronfman E.L. Rothschild, L.P. performs its advisory services is located at One Preserve Parkway, Rockville, MD 20852, which is also the mailing address of the firm. An additional office of the firm is in Appleton, WI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 888-303-2357. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at belr.com.