Bolthouse Investments, LLC (Bakersfield)

Bolthouse Investments, LLC is a large advisory firm based in Bakersfield. It manages $360.8 million of regulatory assets for 166 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

Bolthouse Investments provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Bolthouse Investments: assets under management

The assets under management (AUM) of Bolthouse Investments, LLC is $360.8 million. The firm's AUM has gone down by -16% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $354.2 million in discretionary accounts and $6.6 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.29 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $600 thousand.

Bolthouse Investments has custody of $231.6 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 32% of the total AUM. The second-largest asset type is government bonds, which make up 22% of the firm’s portfolio. Investments in exchange traded securities form 20% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bolthouse Investments, LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Bolthouse Investments serves?

The firm provides services to charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Bolthouse Investments is pooled investment vehicles with 2 clients and $224.9 million of assets under management. Among the 11 most similar advisory firms, Bolthouse Investments has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $352.8 million for 32 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.

Bolthouse Investments also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons is $3,500 for each fund.

Careers at Bolthouse Investments, LLC

The company employs 8 people that are either part- or full-time employees. 50 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
Llc Bolthouse Properties	Sole member	1 Mar 2008	75% - 100%	364571034
Charles Frederic Green	Investment and compliance advisor, and secretary	1 Mar 2008	Other	2433900
Anthony Leon Leggio	Manager & president	1 Mar 2008	Other	6028113
Stewart William Fleeman	Chief financial officer	1 Mar 2008	Other	6169143
Jane Esther Couperus	Vice president of investments	1 Dec 2013	Other	4698847
Michelle Leslie Campbell	Chief compliance officer	1 Mar 2014	Other	6313718
Michelle Campbell	Chief compliance officer	1 Mar 2014	Other	6313718
Johnny Carlo Bianchi	Chief financial officer	1 Jul 2015	Other	6632523
Stewart William Fleeman	Investment committee member	1 Jul 2015	Other	6169143
John C Bianchi	Chief financial officer	1 Jul 2015	Other	6632523
Brian Conner	Chief financial officer	1 Nov 2017	Other	6931797

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Anthony Leon Leggio	Elected manager	1 Mar 2005	Other	6028113

Based in Bakersfield

The principal office where Bolthouse Investments, LLC performs its advisory services is located at 11601 Bolthouse Drive, Bakersfield, CA 93311 The mailing address of the firm is P.O. Box 21476, Bakersfield, CA 93390. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 661-326-6357 or by fax 661-326-6358. The normal business hours are 8:00 - 5:00 on Monday - Friday.