Bala Capital Group, LLC is a related adviser based in West Conshohocken. It manages $72.97 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Pennsylvania.
Bala Capital Group provides 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.
The assets under management (AUM) of Bala Capital Group, LLC is $72.97 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 3% since the beginning of its operation, and $56.61 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Bala Capital Group, LLC 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.
The only and largest group of clients of Bala Capital Group is pooled investment vehicles with 3 clients and $72.97 million of assets under management. Among the 3 most similar advisory firms, Bala Capital Group has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $72.97 million for 3 clients. 33% of the firm’s clients are foreign persons or businesses.
Bala Capital Group also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons is $250,000 for each fund.
The company employs 24 people that are either part- or full-time employees. 54 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.
William David Luterman has served as the Chief Investment Officer since 1 Jul 2011 and Keith Mitchell Bloomfield is the Chief Executive Officer of Bala Capital Group, LLC family office. Kathleen Elizabeth Keating joined the executive team most recently as the Chief Compliance Officer.
The principal office where Bala Capital Group, LLC performs its advisory services is located at One Tower Bridge, 100 Front Street, West Conshohocken, PA 19428, 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 610-545-6100. The normal business hours are 8:00 am - 6:00 pm on Monday - Friday.