Brick & Kyle Associates Inc (Newtown)

Name: Brick & Kyle Associates Inc
Address: 905 Mt Eyre Rd, Newtown, PA, 18940
Telephone: 215-493-8787

Brick & Kyle Associates Inc is a large advisory firm based in Newtown. It manages $221.98 million of regulatory assets for 311 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, New Jersey, New York, North Carolina, and Pennsylvania.

Brick & Kyle Associates provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Brick & Kyle Associates: assets under management

The assets under management (AUM) of Brick & Kyle Associates Inc is $221.98 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 182% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $221.98 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $713.78 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 67% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Brick & Kyle Associates 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.

What kind of clients Edgar Wilson Brick serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Edgar Wilson Brick is high net worth individuals with 187 clients and $133.19 million of assets under management. Among the 9 most similar advisory firms, Brick & Kyle Associates has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $221.98 million for 311 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.

Brick & Kyle Associates doesn't advise any private funds.

Careers at Brick & Kyle Associates Inc

The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 5 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.

Edgar Wilson Brick has been acting as President since 1 Oct 1987. Andrew Whitten Brick joined the executive team most recently as the President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Edgar Wilson Brick	Chairman	1 Oct 1987	75% - 100%	30291
Andrew Whitten Brick	Vice president	1 Jan 2000	Other	2545233
Betty Deane Brick	Vice president	1 Jan 2000	Other	2407824
Jeffrey Walter Rosser	Vice president	1 Jan 2000	Other	2382442
Jonathan Wade Kallen	Chief compliance officer	1 Jul 2004	Other	2947201
Jerome Hearne Walther	Senior vice president - chief compliance officer 09/2017	1 Jun 2010	Other	2303129
Andrew Whitten Brick	President	1 Dec 2014	Other	2545233
Betty Deane Brick	Executive vice president	1 Dec 2014	Other	2407824

Based in Newtown

The principal office where Brick & Kyle Associates Inc performs its advisory services is located at 905 Mt Eyre Rd, Newtown, PA 18940, which is also the mailing address of the firm. An additional office of the firm is in Naples, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 215-493-8787 or by fax 215-493-8002. The normal business hours are 8:30am-5:00pm on Monday - Friday. You can find more information about the New York firm at brick-kyle.com.