J. L. Bainbridge & Co., Inc. (Sarasota)

Name: J. L. Bainbridge & Co., Inc.
Address: 1582 Main Street, Sarasota, FL, 34236
Telephone: 941-365-3435

J. L. Bainbridge & Co., Inc. is a large advisory firm based in Sarasota. It manages $600.03 million of regulatory assets for 1,948 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, Arizona, California, and 18 other states.

J. L. Bainbridge & Co. provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

J. L. Bainbridge & Co.: assets under management

The assets under management (AUM) of J. L. Bainbridge & Co., Inc. is $600.03 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 112% since the beginning of its operation, and $1 million of the total AUM is attributable to clients outside of the United States.

The firm manages $600.03 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $308.03 thousand each.

J. L. Bainbridge & Co. has custody of $107.34 million in cash and securities for 150 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 1% of the firm’s portfolio. Investments in state and local bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay J. L. Bainbridge & Co., 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 Jerry Bainbridge serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Jerry Bainbridge is high net worth individuals with 170 clients and $378.8 million of assets under management. Among the 6 most similar advisory firms, J. L. Bainbridge & Co. has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $600.03 million for 819 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

J. L. Bainbridge & Co. doesn't advise any private funds.

Careers at J. L. Bainbridge & Co., Inc.

The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 4 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.

J. L. Bainbridge & Co., Inc. is owned by Kip D Schoonover. Jerry Bainbridge has been acting as President since 1 Nov 1980. John Brewster Leeming joined the executive team most recently as the Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jerry Bainbridge	President	1 Nov 1980	25% - 50%	1899496
Jerry Lee Bainbridge	Ceo	1 Nov 1980	Other	1899496
Fay Ellen Bainbridge	Treasurer/secretary	1 Jun 1987	25% - 50%	4366673
Bridget Lee Schoonover	Owner	1 Jan 1998	Other	4934417
Barton Lee Bainbridge	Owner	1 Jan 1998	Other	1943445
Angela Schoonover	Owner	1 Jan 1998	Other	7011071
Bethany Schoonover	Owner	1 Jan 1998	Other	7011072
Charles Schoonover	Owner	1 Jan 1998	Other	7011140
Bridget Lee Schoonover	Owner	1 Jan 2004	Other	4934417
Barton Lee Bainbridge	Chief compliance officer	1 Oct 2004	Other	1943445
Kip D Schoonover	Owner	1 Jan 2005	Other	2172285
Joel Gordon Oldham	Owner	1 Jan 2005	Other	2690996
John Brewster Leeming	Vice-president	1 Jan 2008	Other	4572850
Robyn Messer	Office manager/client services/owner	1 Jan 2008	Other	7011076
Kip D Schoonover	Owner	1 Dec 2009	Other	2172285
Kip D Schoonover	Chief compliance officer	1 Dec 2015	Other	2172285
Jennifer Chauvel	Client services/compliance manager/owner	1 Jan 2016	Other	7011078
David Ryan Thompson	Vice president/owner	1 Jun 2017	Other	6826919
John Brewster Leeming	Cco	1 Mar 2018	Other	4572850

Based in Sarasota

The principal office where J. L. Bainbridge & Co., Inc. performs its advisory services is located at 1582 Main Street, Sarasota, FL 34236, 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 941-365-3435 or by fax 941-365-0437. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at jlbainbridge.com and its LinkedIn profile.