Billeaud Capital Management, LLC (Lafayette)


Billeaud Capital Management, LLC is a large advisory firm based in Lafayette. It manages $401.13 million of regulatory assets for 1,099 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Louisiana and Texas.

Billeaud Capital Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Billeaud Capital Management: assets under management

The assets under management (AUM) of Billeaud Capital Management, LLC is $401.13 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 21% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $401.13 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $365 thousand each.
Billeaud Capital Management has custody of $64.74 million in cash and securities for 79 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 45% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Billeaud Capital Management, 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 Billeaud Capital Management 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 Billeaud Capital Management is high net worth individuals with 59 clients and $144.64 million of assets under management. Among the 8 most similar advisory firms, Billeaud Capital Management has the lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $401.13 million for 440 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.

Billeaud Capital Management doesn't advise any private funds.

Careers at Billeaud Capital Management, 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. 5 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 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.

Joseph Steckler Billeaud has served as the Chief Investment Officer since 1 Sep 2004. Inc Jsb Investment Holdings joined the executive team most recently as the Member.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Joseph Steckler Billeaud Chief investment officer 1 Sep 2004 Other 2811972
Ernest Hille Domingue Chief compliance officer 1 Dec 2009 Other 5726241
George Whitfield Holland Chief operating officer 1 Jul 2014 Other 2005943
Inc Jsb Investment Holdings Member 1 Mar 2017 50% - 75% 72-1199630
Llc Holland Investments Member 1 Mar 2017 Other 47-2707429
Llc Harding Street Holdings Member 1 Mar 2017 Other 26-4216523
Llc Jsb Investment Holdings Member 1 Mar 2017 50% - 75% 72-1199630

Indirect Owners

The SEC currently registers 3 indirect owners.

Name Entity Date acquired Ownership Employer ID
Joseph Steckler Billeaud Shareholder 1 Oct 1991 75% - 100% 2811972
George Whitfield Holland Member 1 Dec 2014 75% - 100% 2005943
Ernest Hille Domingue Member 1 Feb 2017 75% - 100% 5726241

Based in Lafayette

The principal office where Billeaud Capital Management, LLC performs its advisory services is located at 1018 Harding St., Suite 104, Lafayette, LA 70503 The mailing address of the firm is P.O. Box 51162, Lafayette, LA 70505. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 337-233-7758 or by fax 337-233-9193. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at billeaudcapital.com.