J. L. Bainbridge & Co., Inc. is a large advisory firm based in Sarasota. It manages $600.03 million of regulatory assets for 1,948 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Arizona, California, and 18 other states.
J. L. Bainbridge & Co. provides portfolio management for individuals and small businesses. 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 J. L. Bainbridge & Co., Inc. is $600.03 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 112% since the beginning of its operation, and $1 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay J. L. Bainbridge & Co., Inc. 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Jerry Bainbridge is high net worth individuals with 170 clients and $378.8 million of assets under management. Among the 6 most similar advisory firms, J. L. Bainbridge & Co. has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $600.03 million for 819 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.
J. L. Bainbridge & Co. doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 4 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
J. L. Bainbridge & Co., Inc. is owned by Kip D Schoonover. Jerry Bainbridge has been acting as President since 1 Nov 1980. John Brewster Leeming joined the executive team most recently as the Cco.
The principal office where J. L. Bainbridge & Co., Inc. performs its advisory services is located at 1582 Main Street, Sarasota, FL 34236, 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 941-365-3435 or by fax 941-365-0437. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at jlbainbridge.com and its LinkedIn profile.