Benchmark Plus Management, LLC (Tacoma)

Name: Benchmark Plus Management, LLC
Address: 820 A Street, Tacoma, WA, 98402
Telephone: 253-573-0657

Benchmark Plus Management, LLC is a large advisory firm based in Tacoma. It manages $680.37 million of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Washington.

Benchmark Plus Management provides portfolio management for pooled investment vehicles 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.

Benchmark Plus Management: assets under management

The assets under management (AUM) of Benchmark Plus Management, LLC is $680.37 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -58% since the beginning of its operation, and $430.3 million of the total AUM is attributable to clients outside of the United States.

The firm manages $680.37 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $68.04 million each.

Benchmark Plus Management has custody of $680.37 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Benchmark Plus Management, 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 Benchmark Plus Management serves?

The only and largest group of clients of Benchmark Plus Management is pooled investment vehicles with 10 clients and $680.37 million of assets under management. Among the 6 most similar advisory firms, Benchmark Plus Management has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $680.37 million for 10 clients. 63% of the firm’s clients are foreign persons or businesses.

Benchmark Plus Management also advises several private funds. Namely, ten hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.

Careers at Benchmark Plus Management, LLC

The company employs 9 people that are either part- or full-time employees. 56 percent of the employees work as investment advisers or researchers. No 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
Scott Franzblau	Principal	1 Jul 2003	25% - 50%	705800
Michael Eugene Dunmire	Withdrawn member	1 Dec 2005	Other	1057024
Robert Scott Ferguson	Principal, owner	1 Aug 2008	50% - 75%	2384807
Sherwin Ann Ferguson	Member	1 Aug 2008	Other	5776022
Judd Charles Lee	Chief compliance officer, cfo	1 Aug 2008	Other	2920637
Bonnie And Scott Franzblau 2009 Grantor Retained Annuity Trust	Owner	1 Dec 2009	Other	xxx-xx-xxxx
Bonnie Franzblau	Trustee of bonnie and scott franzblau 2009 grantor retained annuity trust	1 Dec 2009	Other	5776024
Steven Anthony Carroll	Chief financial officer and chief compliance officer	1 Jan 2015	Other	6437452

Based in Tacoma

The principal office where Benchmark Plus Management, LLC performs its advisory services is located at 820 A Street, Tacoma, WA 98402, 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 253-573-0657 or by fax 253-396-9066. The normal business hours are 8 am to 5 pm on Monday - Friday. You can find more information about the New York firm at bpfunds.com.