Fees
Wealth Strategies
Ask the RM
Wild Card BBH
BBH History
100
What is our minimum relationship size, and our annual fee minimum?
$10MM and $87,500
100
How many holdings are in Altarock (as of 4/30) ?
8
100
Thomas Diemar: "What is duration?"
A bond's sensitivity to changes in interest rates.
100
Who am I?
Patrick Scott (CAB)
100
How many recessions has BBH survived through since 1900?
Officially 23
200
What is the IRA Administration fee?
$500 if under the age of 70 1/2, $1,000 if over
200
What is Bares' largest holding (as of 4/30)?
Wayfair (17.4%)
200
Steve Bridgman: "Name three current Core Select stocks that were previously in the portfolio, sold, and have since been repurchased"
Costco, Progressive and Baxter
200
What was Core Select's most recent purchase and what is the current position size (as of 5/26)?
Progressive - 2.00%
200
In the NY office we have one of three gold spikes - what are their significance?
They were the ceremonial final spikes joining the rails of the first transcontinental railroad - connecting the Central Pacific and Union Pacific (1869)
300
What is our (BBH PWM) tiered fee schedule for a taxable domestic client?
1.00% on the first $5M
0.75% on the next $5M
0.6% on the next $15M
0.5% on the balance
300
Which wealth strategy (that is still IRG approved) has the largest number of holdings?
GQG with 50 Holdings
300
Allie Flood: "When did BBH start investing in Private Equity? (NOT including PEP)"
CPIII whose inception date was December 2007
300
Rajiv Jain worked at what firm before founding GQG
Vontobel
300
What year did BBH move into 59 Wall Street?
1833 and remained there for 170 years
400
Name three wealth strategies that have a hurdle rate (domestic).
BBH Capital Partners, Sandton, Oaktree, LBC, Arohi, CatRock, Barings and Silver Point
400
Name two of the top three holdings in Cat Rock.
1. Just Eat Takeaway.com
2. Alphabet Inc.
3. Evolution Gaming
400
Philip Warner: "Name one wealth strategy where BBH is not custodian."
Cedar Rock
400
What is the difference in the tax nature of contributions to a Roth IRA versus a traditional IRA?
Contributions to a Roth IRA are made with after-tax dollars, contributions to a traditional IRA are made with pre-tax dollars
400
**DAILY DOUBLE**
Which member of the Harriman family acted as an ambassador to Great Britain and the Soviet Union under President Roosevelt and Truman during WWII?
Averell Harriman - he later served as governor of NY
500
What is the management fee/expense ratio for Port Capital?
0.75%
500
What is Clarkston's (wealth strategy) typical turnover rate?
10-15%
500
Joann Gilbert-Holmes "Clients have been asking why Longleaf has underperformed relative to the benchmark. IRG attributes this is partially due to the portfolio's real estate exposure. Name two of Longleaf's positions within that industry that are driving the underperformance. One of them may not be viewed as a real estate company at first glance!"
Park Hotels, Empire RE, Hyatt Hotels and Dillards. Dillards is interesting as it’s a family owned retail business but they own the land/property of each location
500
Who am I?
Joseph Donlan (Capital Partners Sr. Advisor)
500
What date did Brown Brothers & Co. merge with W.A. Harriman & Co. thereby forming "Brown brothers Harriman & Co."
New Years Eve 1930