Bivium Capital Partners, LLC (San Francisco)


Bivium Capital Partners, LLC is a large advisory firm based in San Francisco. It manages $1.1 billion of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of California.

Bivium Capital Partners provides portfolio management for businesses and institutional clients 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.

Bivium Capital Partners: assets under management

The assets under management (AUM) of Bivium Capital Partners, LLC is $1.1 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 988% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.1 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $156.46 million each.

Investments

The firm invests in exchange traded securities the most. They account for 96% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio. Investments in investment grade corporate bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bivium Capital Partners, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bivium Capital Partners serves?

The firm provides services to charitable organizations and state or municipal government entities. The largest group of clients of Bivium Capital Partners is state or municipal government entities with 6 clients and $1.08 billion of assets under management. Among the 7 most similar advisory firms, Bivium Capital Partners has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $1.1 billion for 7 clients. None of the firm’s clients are foreign persons or businesses.

Bivium Capital Partners doesn't advise any private funds.

Careers at Bivium Capital Partners, LLC

The company employs 7 people that are either part- or full-time employees. 57 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
Lester Eric Hollis Managing director 1 Jan 2002 Other 3107940
Mary Nancy Hollis Managing director 1 Jun 2002 Other 2953451
Inc. Bivium Capital Partners Management member 1 Jun 2003 75% - 100% 73-1670927
Sabrina Brutus Chief compliance officer 1 Sep 2004 Other 4862604
Lester Eric Hollis President; member of board of managers 1 Jan 2005 Other 3107940
Lawrence Patrick Bancroft Managing director; member of board of managers 1 Jan 2005 Other 4505933
Mary Nancy Hollis Managing director & chief compliance officer 1 Jan 2005 Other 2953451
Richard Michael Nichols Member of board of managers 1 Jan 2005 Other 4697789
Lawrence Mack Howell Member of board of managers 1 Jan 2005 Other 601412
Inc. Bivium Capital Partners Member 1 Jan 2005 75% - 100% 73-1670927
Lester Eric Hollis Chief executive officer; member of board of managers 1 Jul 2005 Other 3107940
Lawrence Patrick Bancroft President; member of board of managers 1 Jul 2005 Other 4505933
Sabrina Brutus Chief compliance officer 1 Jul 2005 Other 4862604
Lawrence Mack Howell Board member 1 Aug 2005 Other 601412
Sabrina Brutus Chief compliance officer 1 Jan 2007 Other 4862604
Lp Rosemont Partners Ii Member 1 Jul 2008 25% - 50% 11-3682739
David Diblee Silvera Member of board of managers 1 Jul 2008 Other 1563838
L.P. Rosemont Partners Ii Member 1 Jul 2008 25% - 50% 11-3682739
Lawrence Patrick Bancroft President and ceo 1 Jun 2010 Other 4505933
Kai Wei Hong Chief investment strategist 1 Sep 2010 Other 4507334
Ann Elizabeth Oglanian Chief compliance officer 1 Feb 2011 Other 1882000
Douglas Michael Palenchar Chief compliance officer 1 Jul 2011 Other 2442090

Indirect Owners

The SEC currently registers 12 indirect owners.

Name Entity Date acquired Ownership Employer ID
Charles B. Burkhart Managing member 1 May 2000 50% - 75% 4511598
Jr. Charles Byron Burkhart Manager 1 May 2000 Other 4511598
Lawrence Patrick Bancroft President & ceo 1 Jun 2003 50% - 75% 4505933
Lester Eric Hollis Shareholder and executive officer 1 Jun 2003 25% - 50% 3107940
Mary Nancy Hollis Shareholder and executive officer 1 Jun 2003 25% - 50% 2953451
Richard Michael Nichols Shareholder 1 Jun 2003 25% - 50% 4697789
Llc Rosemont Investment Partners Ii General partner 1 Mar 2004 Other 01-0847563
Llc Rosemont Investment Partners Manager 1 Mar 2004 Other 06-1572887
Llc Rosemont Capital Partners Ii General partner 1 Apr 2004 Other 01-0847563
Llc Rosemont Investment Partners Manager 1 Apr 2004 Other 06-1572887
Llc Rosemont Investment Partners Ii General partner 1 Apr 2004 Other 01-0847563
Laurence Mack Howell Board member 1 Aug 2005 Other 94-3349545

Based in San Francisco

The principal office where Bivium Capital Partners, LLC performs its advisory services is located at 601 California Street, San Francisco, CA 94108, 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 415-825-0610 or by fax 415-398-0605. The normal business hours are 9 am - 5 pm on Monday - Friday. You can find more information about the New York firm at biviumcapital.com and its LinkedIn profile.