Blackhawk Capital Partners, LLC (Thiensville)

Name: Blackhawk Capital Partners, LLC
Address: 167 S. Main Street, Thiensville, WI, 53092
Telephone: 262-242-4487

Blackhawk Capital Partners, LLC is a large advisory firm based in Thiensville. It manages $142.42 million of regulatory assets for 498 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Arizona and Wisconsin.

Blackhawk Capital Partners provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Blackhawk Capital Partners: assets under management

The assets under management (AUM) of Blackhawk Capital Partners, LLC is $142.42 million. The firm's AUM has gone down by -3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $142.15 million in discretionary accounts and $274.52 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $288.92 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $45.75 thousand.

Blackhawk Capital Partners has custody of $142.42 million in cash and securities for 498 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 38% of the total AUM. The second-largest asset type is investment and business development companies, which make up 37% of the firm’s portfolio. Investments in cash and cash equivalents form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Blackhawk Capital Partners, 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 Blackhawk Capital Partners serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Blackhawk Capital Partners is high net worth individuals with 79 clients and $80.64 million of assets under management. Among the 11 most similar advisory firms, Blackhawk Capital Partners has the 6th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $142.42 million for 324 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.

Blackhawk Capital Partners doesn't advise any private funds.

Careers at Blackhawk Capital Partners, LLC

The company employs 9 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 6 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
Kevin Blake Perlberg	Managing member	1 May 2011	75% - 100%	1424365
Donald William Tendick	Vice-president/ chief compliance officer	1 May 2011	Other	4456078

Based in Thiensville

The principal office where Blackhawk Capital Partners, LLC performs its advisory services is located at 167 S. Main Street, Thiensville, WI 53092, which is also the mailing address of the firm. An additional office of the firm is in Scottsdale, AZ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 262-242-4487 or by fax 262-242-9089. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at blackhawk-capital.com.