Bivium Capital Partners, LLC (San Francisco)

Name: Bivium Capital Partners, LLC
Address: 601 California Street, San Francisco, CA, 94108
Telephone: 415-825-0610

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. 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 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.