Bray Capital Advisors, LLC (Naples)

Name: Bray Capital Advisors, LLC
Address: 9115 Corsea Del Fontana Way, Naples, FL, 34109
Telephone: 239-451-6008

Bray Capital Advisors, LLC is a large advisory firm based in Naples. It manages $259.34 million of regulatory assets for 222 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida and Ohio.

Bray Capital Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Bray Capital Advisors: assets under management

The assets under management (AUM) of Bray Capital Advisors, LLC is $259.34 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 12% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $259.34 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.17 million each.

Bray Capital Advisors has custody of $65.48 million in cash and securities for 20 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 44% of the total AUM. The second-largest asset type is exchange traded securities, which make up 35% of the firm’s portfolio. Investments in investment grade corporate bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bray Capital Advisors, LLC for their services and products based on a percentage of assets under management 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 Christopher Paul Bray serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Christopher Paul Bray is high net worth individuals with 63 clients and $256.24 million of assets under management. Among the 12 most similar advisory firms, Bray Capital Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $259.34 million for 73 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.

Bray Capital Advisors doesn't advise any private funds.

Careers at Bray Capital Advisors, LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Christopher Paul Bray	Manager/member/president/chief compliance officer	1 Jan 2014	75% - 100%	5581078

Based in Naples

The principal office where Bray Capital Advisors, LLC performs its advisory services is located at 9115 Corsea Del Fontana Way, Naples, FL 34109, which is also the mailing address of the firm. An additional office of the firm is in Cleveland, OH. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 239-451-6008 or by fax 239-431-3914. The normal business hours are 8:30 - 5:00 on Monday - Friday. You can find more information about the New York firm at braycapitaladvisors.com.