Bdt Capital Partners, LLC (Chicago)


Bdt Capital Partners, LLC is a large advisory firm based in Chicago. It manages $15.91 billion of regulatory assets for 22 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Texas and Virginia.

Bdt Capital Partners 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.

Bdt Capital Partners: assets under management

The assets under management (AUM) of Bdt Capital Partners, LLC is $15.91 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 354% since the beginning of its operation, and $4.76 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $15.91 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $723.06 million each.
Bdt Capital Partners has custody of $1.02 billion in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bdt 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 Bdt Capital Partners serves?

The only and largest group of clients of Bdt Capital Partners is pooled investment vehicles with 22 clients and $15.91 billion of assets under management. Among the 10 most similar advisory firms, Bdt Capital Partners has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $15.91 billion for 22 clients. 18% of the firm’s clients are foreign persons or businesses.

Bdt Capital Partners also advises several private funds. Namely, one real estate fund and twenty one private equity funds. The minimum investment commitment required of non-related persons ranges from $0 to $25,000,000.

Careers at Bdt Capital Partners, LLC

The company employs 130 people that are either part- or full-time employees. 69 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
L.P. Bdt Partners Member 1 Apr 2009 75% - 100% 80-0395946
Byron David Trott Chairman and ceo 1 Apr 2009 Other 1082133
William Robert Bush Vice chairman and general counsel 1 Apr 2009 Other 5670353
San Watterson Orr Co-coo & head of advisory services 1 Apr 2009 Other 2931458
Donald Francis Mclellan Managing director and cco 1 Apr 2009 Other 5678098
Michael Edwin Burns Cfo 1 Apr 2009 Other 2817817
Chad Morgan Feingold Managing director & cao 1 Apr 2009 Other 4564290
Robert Lee Verigan Managing director and associate general counsel 1 Oct 2013 Other 6262748
Dan Hamill Jester Co-coo 1 Nov 2013 Other 2088996
Monte Merritt Koch Partner 1 Nov 2015 Other 2182594
Christopher Hale Williams Partner 1 Jan 2016 Other 1939697
James Michael Head Partner 1 Jan 2016 Other 2378050
Joseph Don Gutman Partner 1 Jan 2017 Other 1016874
Edgar D Legaspi Partner 1 Jan 2017 Other 2041675
John Patrick Dills Partner 1 Jan 2017 Other 3263656
Timothy Sands Thompson Partner 1 Feb 2017 Other 2636430
John Eamonn Gilligan Partner 1 Jan 2018 Other 5888939
Kelly Darin Rainko Partner 1 Jan 2018 Other 2907010
Elbert O. Robinson Partner 1 Jan 2018 Other 3104890
Mary Ann Todd Partner and general counsel 1 Jan 2018 Other 6910167
Daniel Lynn Mosley Partner 1 Feb 2018 Other 6918638

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Llc Bdtp Gp General partner 1 Apr 2009 Other 80-0395917

Based in Chicago

The principal office where Bdt Capital Partners, LLC performs its advisory services is located at 401 North Michigan Avenue, Chicago, IL 60611, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-660-7300 or by fax 312-832-1707. The normal business hours are 8am cst - 6pm cst on Monday - Friday.