Birch Run Investments, LLC (Exton)

Birch Run Investments, LLC is a large advisory firm based in Exton. It manages $195.74 million of regulatory assets for 21 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Pennsylvania.

Birch Run Investments provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Birch Run Investments: assets under management

The assets under management (AUM) of Birch Run Investments, LLC is $195.74 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 95% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $195.74 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $9.32 million each.

Investments

The firm invests in investment grade corporate bonds the most. They account for 52% of the total AUM. The second-largest asset type is government bonds, which make up 32% of the firm’s portfolio. Investments in state and local bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Birch Run Investments, 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 Birch Run Investments serves?

The firm provides services to high net worth individuals, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Birch Run Investments is state or municipal government entities with 3 clients and $112.85 million of assets under management. Among the 11 most similar advisory firms, Birch Run Investments has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $195.74 million for 12 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Birch Run Investments doesn't advise any private funds.

Careers at Birch Run Investments, LLC

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Christopher Edward Winn	Member and interim cco	1 Sep 2016	75% - 100%	4639347
David Michael Killian	Managing member, president and chief compliance officer	1 Sep 2016	75% - 100%	5599953

Based in Exton

The principal office where Birch Run Investments, LLC performs its advisory services is located at 211 Welsh Pool Road, Exton, PA 19431, 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 (610) 321-3453 or by fax 610-363-6419. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday.