Bowie Capital Management, LLC (Richardson)

Bowie Capital Management, LLC is a large advisory firm based in Richardson. It manages $558.31 million of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Texas.

Bowie Capital Management provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Bowie Capital Management: assets under management

The assets under management (AUM) of Bowie Capital Management, LLC is $558.31 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 255% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $558.31 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $25.38 million each.

Investments

The firm invests in government bonds the most. They account for 81% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% 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 Bowie Capital 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 Bowie Capital Management serves?

The firm provides services to insurance companies, high net worth individuals, and pooled investment vehicles. The largest group of clients of Bowie Capital Management is high net worth individuals with 10 clients and $314.2 million of assets under management. Among the 8 most similar advisory firms, Bowie Capital Management has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $558.31 million for 13 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.

Bowie Capital Management also advises several private funds. Namely, one hedge fund and one venture capital fund. The minimum investment commitment required of non-related persons ranges from $25,000 to $1,000,000.

Careers at Bowie Capital Management, LLC

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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
Cory Lynn Whitaker	Managing member, chief compliance officer	1 Apr 2014	75% - 100%	6341949
Cory Lynn Whitaker	Manager	1 May 2014	75% - 100%	6341949
Maegan Marie Anders	Chief financial officer, chief compliance officer	1 Sep 2014	Other	5037091

Based in Richardson

The principal office where Bowie Capital Management, LLC performs its advisory services is located at 740 E. Campbell Rd., Richardson, TX 75081 The mailing address of the firm is 740 E. Campbell Rd., Richardson, TX 75081. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 214-996-0971. The normal business hours are by appointment only on Monday - Friday.