Bergman Douglas Edward (San Mateo)

Name: Bergman Douglas Edward
Address: 40 West Third Avenue, #1104, San Mateo, CA, 94402
Telephone: 415-374-7800

Bergman Douglas Edward is a large advisory firm based in San Mateo. It manages $212.41 million of regulatory assets for 66 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of California.

Bergman Douglas Edward provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Bergman Douglas Edward: assets under management

The assets under management (AUM) of Bergman Douglas Edward is $212.41 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 85% of the total AUM. The second-largest asset type is state and local bonds, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Bergman Douglas Edward for their services and products based on a percentage of assets under management. 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 Bergman Douglas Edward serves?

The only and largest group of clients of Bergman Douglas Edward is high net worth individuals with 61 clients and $81.4 million of assets under management. Among the 11 most similar advisory firms, Bergman Douglas Edward has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $81.4 million for 61 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.

Bergman Douglas Edward doesn't advise any private funds.

Careers at Bergman Douglas Edward

The company employs 1 person that is either a part- or full-time employee. 100 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
Douglas Edward Bergman	President, chief compliance officer	1 Jun 1995	75% - 100%	2215809

Based in San Mateo

The principal office where Bergman Douglas Edward performs its advisory services is located at 40 West Third Avenue, #1104, San Mateo, CA 94402 The mailing address of the firm is 7460 E. Golden Eagle Circle, Gold Canyon, AZ 85118. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-374-7800 or by fax 800-930-7632. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at bergmaninvestment.com..