Blue Sky Asset Management, LLC (Greenwood Village)

Blue Sky Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, and model portfolio consulting and trading administration. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Blue Sky Asset Management: assets under management

The assets under management (AUM) of Blue Sky Asset Management, LLC is $270.42 million. The firm's AUM has grown by 351% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $54.11 million in discretionary accounts and $216.31 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $18.04 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $150.11 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 79% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 20% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Blue Sky Asset Management, LLC 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 Blue Sky Asset Management serves?

The firm provides services to investment companies and other investment advisers. The largest group of clients of Blue Sky Asset Management is other investment advisers with 1 clients and $216.31 million of assets under management. Among the 11 most similar advisory firms, Blue Sky Asset Management has the highest percentage of other investment advisers out of all clients.

The amount of regulatory assets under management is $270.42 million for 4 clients. None of the firm’s clients are foreign persons or businesses.

Blue Sky Asset Management doesn't advise any private funds.

Careers at Blue Sky Asset Management, LLC

The company employs 3 people that are either part- or full-time employees. No 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

Indirect Owners

The SEC currently registers 1 indirect owner.

Based in Greenwood Village

The principal office where Blue Sky Asset Management, LLC performs its advisory services is located at 6400 S. Fiddlers Green Circle, Greenwood Village, CO 80111, 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 303-552-0945 or by fax 800-798-2836. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at bsam.com/.

Registered investment advisers similar to Blue Sky Asset Management, LLC

• Akt Wealth Advisors
• Johnston James M & Associates
• Iron Partners
• Haverford Financial Services
• American Century Personal Financial Solutions
• American Century Private Client Group
• Ruedi Holder & Associates
• Mb Investment Partners
• Merk Investments
• Peddock Capital Advisors
• Moto Capital Group
• Graybill Bartz Associates
• Accel Wealth Management
• Briggs Advisory Group
• Levco Capital