Brandywine Managers, LLC (Hockessin)

Name: Brandywine Managers, LLC
Address: 7234 Lancaster Pike, Hockessin, DE, 19707
Telephone: 302-234-5750

Brandywine Managers, LLC is a large advisory firm based in Hockessin. It manages $9.65 billion of regulatory assets for 56 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdiction of Delaware.

Brandywine Managers provides portfolio management for pooled investment vehicles, 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.

Brandywine Managers: assets under management

The assets under management (AUM) of Brandywine Managers, LLC is $9.65 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 302% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $9.65 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $172.33 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Brandywine Managers, LLC for their services and products based on a percentage of assets under management, fixed fees, 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 Brandywine Managers serves?

The only and largest group of clients of Brandywine Managers is pooled investment vehicles with 56 clients and $9.65 billion of assets under management. Among the 12 most similar advisory firms, Brandywine Managers has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $9.65 billion for 56 clients. None of the firm’s clients are foreign persons or businesses.

Brandywine Managers also advises several private funds. Namely, twenty one hedge funds and thirty nine private equity funds.

Careers at Brandywine Managers, LLC

The company employs 5 people that are either part- or full-time employees. 60 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.

Jennifer Lauren Heller has served as the Chief Investment Officer since 1 Feb 2012 and David Choate Patterson is the Chief Executive Officer of Brandywine Managers, LLC family office. Dgp Patterson Family Trust joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Choate Patterson	Chief executive officer	1 Jan 1998	Other	5059583
Richard Erik Carlson	Managing director	1 Dec 2005	Other	5059585
W Scott Campbell	Vice-president & assistant secretary	1 Dec 2005	Other	5085751
John Anthony Ciccarone	Vice-president & assistant secretary	1 Dec 2005	Other	5059580
Kristina D Sherman	Chief compliance officer	1 Dec 2005	Other	5085747
Brandywine Trust Group Llc	Member	1 Dec 2005	75% - 100%	20-3976100
Jeffrey S Becker	Chief financial officer	1 Dec 2005	Other	5085743
Llc Brandytrust Investors	Member	1 Dec 2005	75% - 100%	20-3976100
Inc. Brandywine Management Services	Member	1 Jan 2006	Other	52-2071989
Jennifer Lauren Heller	Chief investment officer	1 Feb 2012	Other	4231233
Scott Edward Newman	Chief operating officer	1 Dec 2013	Other	4228826

Indirect Owners

The SEC currently registers 15 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Brandywine Trust Company	Trustee	1 May 2001	Other	26-3978969
David Choate Patterson	Owner	1 Dec 2003	75% - 100%	5059583
Llc Managers Investors	Member	1 Dec 2005	50% - 75%	20-3976082
David Choate Patterson	Member	1 Dec 2005	50% - 75%	5059583
Llc Munnatawket Holdings	Member	1 Sep 2009	50% - 75%	27-6243000
Arthur C. Patterson	Elected manager	1 Sep 2009	Other	4361819
Llc Brandywine Trust Company	Trustee	1 Sep 2009	Other	26-3978969
David C. Patterson 2009 Ap Trust U/A/D 9/28/2009	Owner	1 Oct 2009	75% - 100%	27-6243000
David Choate Patterson	Elected manager	1 Jan 2010	Other	5059583
David Gardner Patterson	Elected manager	1 Sep 2014	Other	6463624
Eloise Patterson Corcoran	Elected manager	1 Sep 2014	Other	6463632
Daphne Duval Patterson	Elected manager	1 Sep 2014	Other	6463633
Albert C Wall Gst Exempt Tuw Fbo Maria W Patterson	Owner	1 Oct 2014	50% - 75%	47-6695344
Albert C Wall Non Exempt T/U/W Fbo Maria W Patterson	Owner	1 Oct 2014	25% - 50%	13-7238005
Dgp Patterson Family Trust	Owner	1 Jan 2017	75% - 100%	81-6982836

Based in Hockessin

The principal office where Brandywine Managers, LLC performs its advisory services is located at 7234 Lancaster Pike, Hockessin, DE 19707, 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 302-234-5750 or by fax 302-234-5754. The normal business hours are 8:30 - 5:00 on Monday - Friday. You can find more information about the New York firm at brandytrust.com.