Bhk Investment Advisors, LLC (Birmingham)


Bhk Investment Advisors, LLC is a large advisory firm based in Birmingham. It manages $619.34 million of regulatory assets for 1,102 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Alabama, Florida, Georgia, Tennessee, and Texas.

Bhk Investment Advisors provides 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.

Bhk Investment Advisors: assets under management

The assets under management (AUM) of Bhk Investment Advisors, LLC is $619.34 million. The firm's AUM has gone down by -29% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $288.12 million in discretionary accounts and $331.22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $327.04 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.5 million.
Bhk Investment Advisors has custody of $114.45 million in cash and securities for 131 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is investment and business development companies, which make up 13% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bhk Investment Advisors, LLC for their services and products based on a percentage of assets under management and fixed 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.

What kind of clients John Gurney Brock serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of John Gurney Brock is high net worth individuals with 170 clients and $274.23 million of assets under management. Among the 10 most similar advisory firms, Bhk Investment Advisors has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $606.18 million for 451 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.

Bhk Investment Advisors doesn't advise any private funds.

Careers at Bhk Investment Advisors, LLC

The company employs 10 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. 7 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.

John Gurney Brock has been acting as President since 1 Oct 2006. Meredyth Roberts Hazzard joined the executive team most recently as the Ceo/Cfo.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Meredyth Roberts Hazzard Ceo/cfo 1 Mar 2005 Other 1427196
James Bailey Knight Chief compliance officer 1 Mar 2005 Other 2787109
Llc Bhk Holdings Managing member 1 Mar 2005 75% - 100% 20-2454472
John Gurney Brock President 1 Oct 2006 Other 31081

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
John Gurney Brock Member 1 Mar 2005 25% - 50% 31081

Based in Birmingham

The principal office where Bhk Investment Advisors, LLC performs its advisory services is located at 2200 Lakeshore Drive, Birmingham, AL 35209 8803, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 205-322-2025 or by fax 205-322-9025. The normal business hours are 8 a.m. -5 p.m on Monday - Friday. You can find more information about the New York firm at bhkllc.com/.