Description of Firm
Brentview Investment Management, LLC is registered as an Investment Adviser with the United States
Securities and Exchange Commission to provide investment advisory services described within this
document. We are organized as a limited liability company under the laws of the State of Illinois.
Brentview is employee owned by James R. Boothe (Bluestone Enterprises LLC), John A. Gomez
(Timberline Road, LLC), and Hai H. Vu. Brentview Investment Management, LLC is a Minority
Business Enterprise (MBE) certified with the National Minority Supplier Development Council
(NMSDC). Certifications are renewed annually.
The following paragraphs describe our services and fees. Refer to the description of each investment
advisory service listed below for information on how we tailor our advisory services to your individual
needs.
Portfolio Management Services
We are a bottom-up fundamentally focused equity investment manager that provides separate account
investment advisory services utilizing a Dividend Growth philosophy. We offer discretionary portfolio
management services and our investment advice is tailored to meet our clients' needs and investment
objectives. Clients may impose reasonable account restrictions and guidelines, which are subject to
review. You may limit our discretionary authority (for example, limiting the types of securities that can
be purchased or sold for your account) by providing our firm with your restrictions and guidelines in
writing.
Our investment team consistently evaluates our strategy based on preferred weights, sector exposure,
and other guidelines. Investment guidelines that differ significantly from our preferred guidelines may
result in exclusions or variances in holdings from our standard portfolio which may take additional time
for the team to determine alternative holdings or weights for more restricted accounts. In such cases,
this may prevent a client from experiencing the same results as otherwise unrestricted portfolios that
are managed by our firm.
If you participate in our discretionary portfolio management services, we require you to grant our firm
discretionary authority to manage your account. Discretionary authorization will allow us to determine
the specific securities, and the amount of securities, to be purchased or sold for your account without
your approval prior to each transaction. Discretionary authority is typically granted by the investment
advisory agreement you sign with our firm and the appropriate trading authorization forms.
As part of our portfolio management services, in addition to other types of investments (see
disclosures below in this section), we may invest your assets according to our Dividend Growth
strategy.
In periods of market volatility, Brentview may be unable to invest new money contributed to an
account, or proceeds from the sale of securities, as quickly as it might have been able to do under
normal market conditions. Similarly, Brentview may be unable to sell securities to raise cash, or to
accommodate a terminating client’s request to sell securities, as quickly, or at favorable prices, as it
might have been able to do under normal market conditions. In such periods of market volatility, we
might deviate from our normal trading practices with respect to sequencing and allocation of
transactions. Market volatility may also cause Brentview to deviate from applicable account guidelines.
In such circumstances, we will use reasonable efforts to manage the account in a prudent manner
under the circumstances.
Sub-Advisory Services to Registered Investment Advisers
We offer sub-advisory services to third-party money managers (the "Primary Investment Adviser"). As
part of these services, we will provide access to our dividend growth strategy, which the Primary
Investment Adviser implements for their clients. We will manage each client's account on the basis of
the client's financial situation and investment objectives provided by the Primary Investment Adviser,
and in accordance with any reasonable restrictions imposed by the client on the management of the
account.
Wrap Fee Programs
Brentview offers their strategies within wrap fee programs through other Registered Investment
Advisors. Brentview does not make direct recommendations to the investors within the wrap fee
programs. Each program offers a variety of managed investment strategies. Clients pay an asset-
based fee that covers investment management, execution and custody services. Before
recommending an appropriate program and investment strategy, the Investment Advisor supervising
the program will obtain certain information regarding your financial circumstances, investment goals
and objectives. They may use questionnaires or other methods to determine your risk tolerance. They
will also collect other pertinent information regarding your
current investments, income, earnings,
assets, liabilities, retirement plans, tax circumstances, and insurance policies. This information is used
to make recommendations regarding your investment strategy and clients should notify their
Investment Advisor promptly of any changes in their financial situation, goals or objectives. Your
financial advisor will assist you in selecting an investment program and strategy that meets your
investment needs and risk tolerance.
Wrap Fee programs allow clients to consolidate all of their investment advisory and custodial services
within one managed account relationship. In a wrap fee program, your investment advisory fee
includes execution and custody services, and clients do not pay commissions or transaction-based
compensation for purchase or sale of securities in the account. Clients may receive comparable
services from other broker-dealers or investment advisers and pay fees that are higher or lower than
those charged in a wrap program. Fees in such a program may be more or less than if the client had
purchased investment management, custody and brokerage services separately outside of the wrap
program. Wrap fee programs are not intended for investors who seek to maintain control over trading
in their account. If you do not need continuous investment management, custodial and brokerage
services may be available at a lower aggregate cost through other firms or accounts. Ask your financial
advisor for additional information.
As of March 15, 2024, the Brentview strategies are available in the following wrap programs:
BNY-Lockwood Managed360 Program
LPL Financial Manager Select
LPL Financial Manager Access Select
LPL Model Wealth Portfolios
Morgan Stanley-Consulting and Evaluation Services
Morgan Stanley-Fiduciary Services
UBS Financial-Managed Account Consulting
Pershing Advisor Solutions, LLC
Wells Fargo Private Advisor Network
TAMP Platforms
A turnkey asset management platform (“TAMP”) provides asset management services to financial
advisors. TAMPs are technology platforms that provide financial advisors with access to investment
strategies. Through TAMPs, advisors can invest their client assets and access tools to assist with the
management of the account. Often financial advisors use TAMPS to have broader access to a variety
of investment strategies so they can research which strategies would be best for their clients. There
are usually additional costs associated with using these platforms. Brentview offers their strategies
through TAMP platforms to Registered Investment Advisors for their clients.
As of March 15, 2024, the Brentview strategies are available on the following TAMP platforms:
BNY-Lockwood Managed360 Program
Envestnet Asset Management, LLC
ICR Partners, LLC
Orion Portfolio Solutions, LLC
SMArtX Advisory Solutions, LLC
SYSTM Wealth Solutions, LLC
Types of Investments
General descriptions of Brentview’s investment strategy are included below. Additionally, from time to
time, Brentview may provide variations of the strategy listed below (for example) to accommodate
client requests.
Our Dividend Growth strategy primarily invests in both publicly traded dividend-paying common stocks
and real estate investment trusts that possess the fundamentals for future potential dividend growth.
The strategy seeks to provide an attractive total return comprised of both dividends and long-term
capital appreciation. Companies in certain economic sectors of the market historically have
demonstrated higher dividend yields than companies in other sectors and industries. As a result,
portfolios may, from time to time, have a greater exposure to higher dividend-yield sectors and
industries than the broad equity market. The strategy may invest in wide range of market
capitalizations including mid and large-cap companies. The Dividend Growth strategy generally
emphasizes U.S. companies, however investment in non-U.S. companies is permitted so long as those
companies are listed on an U.S. stock exchange.
These descriptions are not intended to serve as applicable account guidelines. Brentview’s Dividend
Growth strategy is not generally intended to provide a complete investment program for a client, and
clients are responsible for appropriately diversifying their assets.
From time to time, with Brentview’s consent, clients may include certain securities in accounts for
which we provide no investment advisory services (“unsupervised securities”). Unsupervised securities
are not subject to our services.
Assets Under Management
As of December 31, 2023, the combined firm assets under management (including Charles Fish
Investments, Inc.) are $926,110,302 and Brentview, individually, has $224,397,176 of discretionary
assets, $0 of non-discretionary assets under management and $345,642,322 in Unified Managed
Account (UMA) programs.