Bruton Chisnell Advisors, LLC (Downingtown)

Bruton Chisnell Advisors, LLC is a large advisory firm based in Downingtown. It manages $289.04 million of regulatory assets for 764 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Delaware, Florida, Maryland, and 7 other states.

Bruton Chisnell Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, 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.

Bruton Chisnell Advisors: assets under management

The assets under management (AUM) of Bruton Chisnell Advisors, LLC is $289.04 million. The firm's AUM has gone down by -23% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $148.72 million in discretionary accounts and $140.33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $199.09 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $8.25 million.

Bruton Chisnell Advisors has custody of $6.3 million in cash and securities for 32 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 66% of the total AUM. The second-largest asset type is exchange traded securities, which make up 32% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bruton Chisnell Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bruton Chisnell Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Bruton Chisnell Advisors is pension and profit sharing plans with 27 clients and $135.4 million of assets under management. Among the 7 most similar advisory firms, Bruton Chisnell Advisors has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $255.77 million for 508 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.

Bruton Chisnell Advisors doesn't advise any private funds.

Careers at Bruton Chisnell Advisors, LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 3 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
Benjamin Culver Bruton	Member	1 Jan 2018	25% - 50%	4480874
James Marshall Bruton	Managing member / chief compliance officer	1 Jan 2018	25% - 50%	3010121
Michael Anthony Chisnell	Member	1 Jan 2018	25% - 50%	5125517

Based in Downingtown

The principal office where Bruton Chisnell Advisors, LLC performs its advisory services is located at 521 East Lancaster Avenue, Downingtown, PA 19335, which is also the mailing address of the firm. An additional office of the firm is in Barberton, OH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 610-518-3900 or by fax 610-518-3880. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday.