Speaking Topic:

Family Wealth: The Value of Family Governance

The definition of family wealth extends beyond the monetary assets a family has generated. Understanding the components of family wealth and the structure needed to support and develop it is essential. Learning the who, what, why of family governance will provide families a framework for building and sustaining generational success.

Firms Reassess Involvement in Gun Industry in Wake of Florida Shooting Investing giant Blackstone Group LP asked outside fund managers over the weekend to detail their ownership in companies that make or sell guns, according to people familiar with the matter. The urgent request-Blackstone gave the managers about a day to answer-reflects the snowballing pressure […]

We are thrilled to announce that Marc Koslowsky has been named Partner at BBR.

Since joining BBR in 2014, Marc has distinguished himself as a leader in our investment approach and our business. His experience and expertise as an investor, coupled with his understanding of client needs, make him indispensable to the firm, our investment process and our clients. Marc also demonstrates the characteristics that are key to our culture including intellectual curiosity, service, teamwork and respect. We are excited for his impact to continue to grow and evolve in his new capacity as a Partner.

Please join us in congratulating Marc and celebrating his contributions.

Marc Koslowsky Biography

Marc joined BBR Partners in 2014 and is a Director of Investment Research. Marc’s responsibilities include sourcing new investments across all asset classes and performing ongoing due diligence on clients’ existing investments, as well as working with the Portfolio & Wealth Advisory team to analyze the risk and return characteristics of client portfolios. He has extensive experience in manager due diligence, portfolio management, asset allocation, and client engagement. Marc is also a member of BBR’s Investment Committee.

Prior to BBR, Marc was a Partner and Portfolio Manager at Hermes BPK, a company that is majority owned by Hermes Fund Managers. At Hermes, he oversaw investments across a host of hedge fund strategies, and also was involved in building a seed and acceleration business. Before Hermes, Marc served as a Portfolio Manager at Optimal Investments, and previously at SPI and Battersby Capital; he worked closely with the CIO at each firm to construct hedge fund portfolios. Earlier in his career, Marc was an Analyst at Adair Capital, and earlier, IAM, where he performed manager due diligence.

Marc holds a BA in Economics from Middlebury College.

Marc’s favorite activities outside the office include basketball, skiing, and cooking. As the father of the three daughters, he also enjoys coaching youth sports.

Brett Barth, one of BBR’s founders, had the pleasure of being a guest on Ted Seides’ podcast station Capital Allocators, which interviews investors to learn about their investing practices and their employed processes.

Brett and Ted’s discussion ranged from the personal (Brett as a twin, raising twins) to the professional (the early days of BBR). Brett detailed his journey from BBR’s beginning, when it was five people working out of Brett’s apartment, to where they are today, with three offices and over 100 employees. He provided insights into BBR’s investment philosophy and approach to working with wealthy families.

A variety of topics were highlighted throughout the conversation, including the unique structure of BBR’s Investment Research team, the role of active and passive mangers in today’s environment, and the unconventional investments BBR is sourcing for our client portfolios.

We hope that you enjoy this dialogue, and as always, we look forward to any comments or questions you may have.

Podcast Important Disclosure: This podcast contains general information, and no portion of the content is intended to apply to any specific individual’s situation.  No portion of the podcast content serves as the receipt of, or as a substitute for, personalized individual advice from BBR Partners.  Nothing herein constitutes or is intended to constitute legal or tax advice, or any other client specific advice.  The information may not reflect current legal/tax developments or otherwise be applicable to an individual’s circumstance.  With respect to investment-related content, please remember that different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy made reference to directly or indirectly in this podcast will be profitable, equal any corresponding indicated historical performance levels(s), or be suitable for your portfolio. We conduct manager due diligence processes which address qualitative, quantitative and operational issues.  We assess each manager according to its specific investment strategies, its stated return objectives, expected volatility and associated risks.  The type of due diligence we perform on a manager varies according to investment type and size.  Manager meetings may be held in person, as well as held telephonically through a conference call.  We will not have control over the day-to-day operations of any of the managers that we select.  To the extent that an individual has any questions regarding the applicability of any specific issue to their individual situation, he/she is encouraged to consult with the professional advisors of his/her choosing.  A copy of BBR Partners’ current written disclosure statement discussing our advisory services is available for review upon request.

We are thrilled to announce that Ryan Preston has been promoted to Partner at BBR.

Ryan has been an integral part of BBR for almost a decade and has made an invaluable impact on the families with whom he works.  He exemplifies our culture of intellectual curiosity, accountability and excellence. We are thrilled that he will continue to serve a vital role across our client base as a Partner at BBR.

High quality service is the core of the BBR client experience, fostering both trust and long lasting relationships. Our team is the key to delivering this level of service, and we pride ourselves on promoting from within to retain and reward our talented team members. Assessing and rewarding employees is what allows us to have an unparalleled group of people who are smart, motivated, and client focused.

Please join us in congratulating Ryan and celebrating his contributions.

Ryan Preston Biography

Ryan, who has been with BBR since 2008, is a Director of Portfolio and Wealth Advisory, working with clients to develop an overall financial strategy, managing their investments and executing their wealth management plans. Ryan is experienced with global asset allocation, and the integration of related disciplines such as tax, estate planning, philanthropy and family governance.

He works closely with families to form a cohesive long term wealth management plan that reflects their evolving needs over time.  Previously, Ryan was an investment advisor to high net worth families at Convergent Wealth Advisors (formerly Lydian Wealth Management) in Washington DC and New York. Prior to Convergent, Ryan was a Consultant at KPMG Consulting in Washington DC.

Ryan holds an MBA from The George Washington University with a concentration in Finance & Investments, and a BS from Mary Washington College. He is a member of the Investment Management Consultants Association (IMCA) and holds the Certified Investment Management Analyst (CIMA®) designation.

Episode 6: Interview with Evan Roth, Co-Managing Partner of BBR Partners

On this episode, we have an insightful and entertaining chat with Evan Roth, co-founder and co-Managing Partner of BBR Partners.  In August of this year, Barron’s ranked BBR Partners as the #6 Independent Advisory Firm.

Visit the RIAcast website to listen to the podcast!

Podcast Important Disclaimer: This podcast contains general information, and no portion of the content is intended to apply to any specific individual’s situation.  No portion of the podcast content serves as the receipt of, or as a substitute for, personalized individual advice from BBR Partners.  Nothing herein constitutes or is intended to constitute legal or tax advice, or any other client specific advice.  The information may not reflect current legal/tax developments or otherwise be applicable to an individual’s circumstance.  With respect to investment-related content, please remember that different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy made reference to directly or indirectly in this podcast will be profitable, equal any corresponding indicated historical performance levels(s), or be suitable for your portfolio.  To the extent that an individual has any questions regarding the applicability of any specific issue to their individual situation, he/she is encouraged to consult with the professional advisors of his/her choosing.  A copy of BBR Partners’ current written disclosure statement discussing our advisory services is available for review upon request.

BBR Partners Opens New Chicago Office

 NEW YORK (October 19, 2016) – BBR Partners, a New York-based wealth management firm formally announced the expansion of the firm with the opening of a third office in Chicago, Illinois. Sarah Norris, a recent hire from JP Morgan & Co., heads the new location as the firm’s newest Director of Portfolio & Wealth Advisory.

Sarah joined BBR in 2015 after spending over 20 years as Executive Director at JP Morgan Private Bank. In that role she worked with wealthy families, individuals and single family offices creating solutions for their complex financial needs. Earlier in her career at JP Morgan, Sarah was selected as a First Chicago First Scholar where she rotated through various departments at the bank, while simultaneously working towards her MBA at the Kellogg School of Management at Northwestern University. Sarah earned her BA from Brown University with a concentration in International Relations.

Deanna Deutschman relocated from the New York office to join Sarah in Chicago. Deanna, a graduate of Northwestern University, joined BBR Partners in 2009 and is a Vice President of Portfolio and Wealth Advisory.

“Since BBR’s founding we have partnered with families throughout the Midwest and look forward to continuing to provide an extraordinarily high level of service to those families through this new location. Additionally, Sarah’s wealth management expertise and her deep roots within the region will be essential as we develop new family relationships in the area.” said Evan Roth, a Louisville, KY native, co-Founder and Managing Partner of BBR Partners.

About BBR Partners:

BBR Partners (“BBR”) is a boutique wealth management firm providing investment advice and financial solutions to a select group of families who embrace an independent approach to managing their wealth. BBR was founded in 2000 and services families with a minimum of $20 million in investable assets. As of September 30, 2016 BBR had 99 employees managing over $11.5 billion for more than 120 families. BBR’s core service is investment management, which is distinguished by a sophisticated approach to asset allocation and manager due diligence. Our team partners with clients to design and implement customized investment programs that are specifically tailored to each family member’s unique objectives and circumstances. Our holistic approach integrates all aspects of a client’s financial life including tax optimization, trust & estate planning, cross-generational education and governance, pre-sale business planning, philanthropic strategies, and other financial endeavors.

To learn more, please visit www.bbrpartners.com.

Contact:
Nicole C. Davis
BBR Partners, LLC
Two Grand Central Tower
140 East 45th Street, 26th Floor
New York, NY 10017
(212) 313-9874
ndavis@bbrpartners.com