Boreal Capital Management LLC is a large advisory firm based in Miami. It manages $1.01 billion of regulatory assets for 646 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Arizona, California, Colorado, and 21 other states.
Boreal Capital Management provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and offshore funds. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Boreal Capital Management LLC is $1.01 billion. $352.01 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Boreal Capital Management LLC for their services and products based on a percentage of assets under management and performance-based fees. 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.
The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Boreal Capital Management is individuals with 483 clients and $754.31 million of assets under management. Among the 10 most similar advisory firms, Boreal Capital Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $1.01 billion for 644 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 80% of the firm’s clients are foreign persons or businesses.
Boreal Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.
The company employs 21 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 15 employees are registered as investment adviser representatives with the state securities authorities.
There are 17 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.
John Joseph Zeno joined the executive team most recently as the Chief Compliance Officer.
The principal office where Boreal Capital Management LLC performs its advisory services is located at 1450 Brickell Avenue, Miami, FL 33131, which is also the mailing address of the firm. An additional office of the firm is in Yarmouth, ME. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 305-459-5400 or by fax 305-459-5401. The normal business hours are 9:00 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at borealcm.com.