Belle Haven Investments, L.P. (Rye Brook)

Name: Belle Haven Investments, L.P.
Address: 800 Westchester Avenue, Rye Brook, NY, 10573 1301
Telephone: 914-816-4633

Belle Haven Investments, L.P. is a large advisory firm based in Rye Brook. It manages $8.05 billion of regulatory assets for 8,830 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Belle Haven Investments provides portfolio management for individuals and small businesses, portfolio management for investment companies, 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.

Belle Haven Investments: assets under management

The assets under management (AUM) of Belle Haven Investments, L.P. is $8.05 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 57762% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $8.05 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $912.08 thousand each.

Investments

The firm invests in state and local bonds the most. They account for 91% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 6% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Belle Haven Investments, L.P. for their services and products based on a percentage of assets under management. 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 Belle Haven Investments serves?

The firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Belle Haven Investments is high net worth individuals with 1,299 clients and $3.23 billion of assets under management. Among the 6 most similar advisory firms, Belle Haven Investments has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $8.05 billion for 8,830 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.

Belle Haven Investments also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Belle Haven Investments, L.P.

The company employs 31 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 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
Inc. Belle Haven Capital Management	General partner	1 Jan 1994	Other	06-1385035
Richard James Bell	Limited partner	1 Jan 1994	25% - 50%	1468480
Mark Walter Steffen	Limited partner	1 May 1999	25% - 50%	1430657
Joseph Matthew Dalton	Limited partner,ceo	1 May 1999	50% - 75%	1661099
Kevin Joseph Cavanagh	Executive vice president-chief compliance officer	1 Oct 2005	Other	1240295
Duane Alan Mcallister	Limited partner	1 Sep 2006	Other	1292572
Stephen J Schum	Finop and chief financial officer	1 Jan 2007	Other	5266807
Laura Jean Chapman	Chief operating officer/chief compliance officer	1 Oct 2012	Other	5599643
Melissa Ann Chaffee	Chief compliance officer	1 Jun 2019	Other	4553629

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Richard James Bell	President	1 May 1999	75% - 100%	1468480
Joseph Matthew Dalton	Shareholder - presdient	1 Oct 2005	50% - 75%	1661099
Mark Walter Steffen	Shareholder	1 Oct 2005	25% - 50%	1430657
Richard James Bell	Shareholder	1 Oct 2005	25% - 50%	1468480

Based in Rye Brook

The principal office where Belle Haven Investments, L.P. performs its advisory services is located at 800 Westchester Avenue, Rye Brook, NY 10573 1301, 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 914-816-4633 or by fax 914-694-2616. The normal business hours are 9 am to 5 pm on Monday - Friday. You can find more information about the New York firm at bellehaven.com.