Brighthouse Investment Advisers, LLC (Boston)

Brighthouse Investment Advisers, LLC is a large advisory firm based in Boston. It manages $158.11 billion of regulatory assets for 9,278 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Brighthouse Investment Advisers provides portfolio management for investment companies, selection of other advisers, and asset allocation services following the recommendations of an independent third-party consultant.. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Brighthouse Investment Advisers: assets under management

The assets under management (AUM) of Brighthouse Investment Advisers, LLC is $158.11 billion. The firm's AUM has grown by 12% since the beginning of its operation, and $135.01 million of the total AUM is attributable to clients outside of the United States.

The firm manages $156.59 billion in discretionary accounts and $1.52 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.17 billion each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $165.21 thousand.

Brighthouse Investment Advisers has custody of $1.52 billion in cash and securities for 9,206 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Brighthouse Investment Advisers, LLC 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 Brighthouse Investment Advisers serves?

The firm provides services to individuals and investment companies. The largest group of clients of Brighthouse Investment Advisers is investment companies with 72 clients and $156.59 billion of assets under management. Among the 10 most similar advisory firms, Brighthouse Investment Advisers has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $158.11 billion for 9,278 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Brighthouse Investment Advisers doesn't advise any private funds.

Careers at Brighthouse Investment Advisers, LLC

The company employs 27 people that are either part- or full-time employees. 37 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
Alan Campbell Leland	Chief financial officer since 12/1994 and manager since 06/2006	1 Dec 1994	Other	2444574
Peter Hanlon Duffy	Senior vice president	1 Dec 1998	Other	1336905
Andrew Lawrence Gangolf	Senior vice president, secretary and chief legal officer since 06/2011 and manager since 01/2015	1 Jun 2011	Other	2296485
Steven Erik Hartstein	Chief compliance officer and senior vice president	1 Feb 2014	Other	4251029
Kristi Slavin	President, chief executive officer and chair of the board of managers	1 May 2016	Other	5667074
Inc. Metlife	Member	1 Sep 2016	75% - 100%	13-4075851
Terrence Santry	Senior vice president and treasurer	1 Aug 2017	Other	4361435
Victor Manuel Soto	Executive vice president and manager	1 Aug 2017	Other	4283993
Michael Patrick Lawlor	Senior vice president and assistant secretary	1 Aug 2017	Other	2834507
Alan Ronald Otis	Senior vice president	1 Aug 2017	Other	6841874
Llc Brighthouse Holdings	Member	1 Aug 2017	75% - 100%	82-0954923

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Brighthouse Financial	Parent of brighthouse holdings, llc	1 Aug 2017	75% - 100%	81-3846992

Based in Boston

The principal office where Brighthouse Investment Advisers, LLC performs its advisory services is located at One Financial Center, Boston, MA 02111, 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 980-949-5130 or by fax 617-330-5051. The normal business hours are 9 am to 5 pm on Monday - Friday.