Akre Capital Management, LLC is a large advisory firm based in Middleburg. It manages $8.87 billion of regulatory assets for 249 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, District of Columbia, Florida, and 8 other states.
Akre Capital Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. 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 Akre Capital Management, LLC is $8.87 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 6939% since the beginning of its operation, and $182.44 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Akre 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.
The firm provides services to individuals, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Akre Capital Management is investment companies with 1 clients and $7.81 billion of assets under management. Among the 9 most similar advisory firms, Akre Capital Management has the highest percentage of investment companies out of all clients.
The amount of regulatory assets under management is $8.87 billion for 251 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Akre Capital Management also advises several private funds. Namely, three hedge funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.
The company employs 13 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. 4 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.
The principal office where Akre Capital Management, LLC performs its advisory services is located at 2 West Marshall Street, Middleburg, VA 20117 The mailing address of the firm is Po Box 998, Middleburg, VA 20118 0998. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 540-687-8923 or by fax 540-687-3899. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at akrecapital.com.