Michael Brady & Co., LLC (Westlake)

Name: Michael Brady & Co., LLC
Address: 28871 Center Ridge Road, Westlake, OH, 44145
Telephone: 440-235-2100

Michael Brady & Co., LLC is a large advisory firm based in Westlake. It manages $99.62 million of regulatory assets for 578 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Ohio and Texas.

Michael Brady & Co. provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Michael Brady & Co.: assets under management

The assets under management (AUM) of Michael Brady & Co., LLC is $99.62 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 232% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $99.62 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $172.36 thousand each.

Michael Brady & Co. has custody of $99.62 million in cash and securities for 227 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 75% of the total AUM. The second-largest asset type is exchange traded securities, which make up 14% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Michael Brady & Co., LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed 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 Michael Brady & Co. serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Michael Brady & Co. is individuals with 201 clients and $52.81 million of assets under management. Among the 8 most similar advisory firms, Michael Brady & Co. has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $99.62 million for 227 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.

Michael Brady & Co. doesn't advise any private funds.

Careers at Michael Brady & Co., LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
Michael Cameron Brady	President & chief executive officer	1 Jun 2003	75% - 100%	1320686
Cameron Matthew Brady	Vice president	1 Aug 2017	Other	6132327

Based in Westlake

The principal office where Michael Brady & Co., LLC performs its advisory services is located at 28871 Center Ridge Road, Westlake, OH 44145, 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 440-235-2100 or by fax 866-217-9609. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at facebook.com/michaelbradyco/.