Brean Asset Management, LLC (New York)


Brean Asset Management, LLC is a mid-sized advisory firm based in New York. It manages $64 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of New York.

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Brean Asset Management provides portfolio management for individuals and small businesses, 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.

Brean Asset Management: assets under management

The assets under management (AUM) of Brean Asset Management, LLC is $64 million, all of which is managed in discretionary accounts. $44 million of the total AUM is attributable to clients outside of the United States.


The firm manages $64 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $32 million each.

Investments

The firm invests in cash and cash equivalents the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Brean Asset Management, LLC for their services and products based on a percentage of assets under management and performance-based 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 Robert Moyse Tirschwell serves?

The firm provides services to pooled investment vehicles and corporations or other businesses. The largest group of clients of Robert Moyse Tirschwell is pooled investment vehicles with 1 clients and $44 million of assets under management. Among the 2 most similar advisory firms, Brean Asset Management has the lowest percentage of pooled investment vehicles out of all clients.


The amount of regulatory assets under management is $64 million for 2 clients. 50% of the firm’s clients are foreign persons or businesses.

Brean Asset Management also advises several private funds.

Careers at Brean Asset Management, LLC

The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Brean Asset Management, LLC is owned by Robert Michael Fine. Robert Moyse Tirschwell has been acting as President since 1 Sep 2015. Patrick L Marano joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Llc Bmur Investment Holdings Owner 1 Sep 2015 25% - 50% 20-3437306
Robert Michael Fine Ceo/owner/managing member 1 Sep 2015 25% - 50% 1450313
Robert Moyse Tirschwell President/owner 1 Sep 2015 25% - 50% 2230453
Marco Antonio Vega Chief compliance officer 1 Sep 2015 Other 2473202
Alton Ling Wah Lam Manager 1 Oct 2015 Other 6569855
Alexander Jay Sellinger Chief compliance officer 1 Apr 2016 Other 5784198
Samuel Lawrence Warren Managing director 1 Apr 2016 Other 3257602
Patrick L Marano Chief compliance officer 1 May 2019 Other 5134578
Mark Melchiorre Managing partner 1 May 2019 Other 3156638
William Anthony Brown Managing director and chief investment officer 1 May 2019 Other 1301106

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Everest Hill Group Inc. Owner 1 Dec 2007 75% - 100% foreign
Bmc Capital Group Llc Owner 1 Sep 2015 75% - 100% 90-0173277
Gb Capital Owner 1 Sep 2015 75% - 100% 98-0492085
Inc. Quadrant Investment Holdings Owner/managing member 1 Sep 2015 75% - 100% 55-0863496

Based in New York

The principal office where Brean Asset Management, LLC performs its advisory services is located at 3 Times Square, New York, NY 10036, 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 212-655-1112 or by fax 212-593-9124. The normal business hours are 9:00 am-5:00 pm on Monday - Friday. You can find more information about the New York firm at breanam.com.