Birchview Capital, LP (Burlington)

Birchview Capital, LP is a large advisory firm based in Burlington. It manages $155.01 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Vermont.

Birchview Capital provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Birchview Capital: assets under management

The assets under management (AUM) of Birchview Capital, LP is $155.01 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 675% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $155.01 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $22.14 million each.

Birchview Capital has custody of $23.52 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 78% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 22% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Birchview Capital, LP 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 Birchview Capital serves?

The only and largest group of clients of Birchview Capital is pooled investment vehicles with 6 clients and $64.42 million of assets under management. Among the 3 most similar advisory firms, Birchview Capital has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $64.42 million for 6 clients. None of the firm’s clients are foreign persons or businesses.

Birchview Capital also advises several private funds. Namely, one hedge fund and five private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $1,000,000.

Careers at Birchview Capital, LP

The company employs 3 people that are either part- or full-time employees. 67 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 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
Matthew William Strobeck	Chief investment officer and managing partner	1 Feb 2014	75% - 100%	5522663
Benjamin Grant Small	Chief operating officer	1 Feb 2014	Other	4587129
Gp Llc Birchview Capital	General partner	1 Feb 2014	Other	46-4872561
Llc Birchview Capital Gp	General partner	1 Feb 2014	Other	46-4872561
Richard Mccormick	Chief financial officer and chief compliance officer	1 Apr 2014	Other	6329556

Based in Burlington

The principal office where Birchview Capital, LP performs its advisory services is located at 688 Pine Street, Burlington, VT 05401, 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 802-923-3080. The normal business hours are 8:30 am - 5:30 pm on Monday - Friday.