Berkshire Asset Management, LLC

RIASEC RegisteredEst. 2007

Total AUM

$2.8B

Discretionary

$2.7B

96% of AUM

Avg account

$1.1M

Accounts

2,486

Employees

Advisory reps

Firm details

Headquarters: Wilkes Barre, Pennsylvania
CRD number: 145463
Registered since: July 1, 2007
Website: www.berkshireasset.com
Custodians: CHARLES SCHWAB & CO., INC., WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: HNWI84.68%
Charitable Organizations7.4%
Corporations / Businesses3.29%
Pension & Profit Sharing Plans2.52%
Pooled Investment Vehicles1.01%
Services: Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Berkshire Asset Management, LLC is organized as an LLC and operates with a hedge-fund orientation while serving both individual/family and institutional clients. The firm has been SEC-registered since 2007 and offers a mix of fee arrangements — percentage-of-AUM, fixed fees, and performance-based fees — depending on the client or vehicle. Its advisory scope spans portfolio management for individuals, pooled vehicles, investment companies, and institutional or business clients; it also provides pension consulting and the selection of sub‑advisers. The firm is not positioned as an ESG-focused manager.