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Beacon Street Capital, LLC

3350 Riverwood Parkway
Atlanta, Georgia 30339
United States
 
Contact :      same
Phone :       770-984-5433
Fax :             00-00-00
Email :         burkete@comcast.net
Web :           http://beaconstreetcapital.com

Beacon Street Capital, LLC Information

Type of organization : Limited Liability Company
Total Assets Managed ($Mil) : $36
Tax-Exempt Managed ($Mil) : $0
Taxable Assets Managed ($Mil) : $0
Year Founded : 2001
Wrap Programs Offered? : No
# of Accounts Managed : 33
In-House Research : 100% %
Carries liability insurance? : No
Errors & Omission Insurance? : No
Socially Responsible? : No
Minority Owned? : No
Wrap Program Description  
In $ Thousands

Beacon Street Capital, LLC History

Beacon Street Capital, LLC, is a registered investment advisor located in Atlanta, Georgia. The firm was co-founded in late 2001 by Terry Burke and Herron Weems, who have their own capital invested in the company and alongside clients in the investment products. There is no affiliation with any financial institutions. The two managing members own 96% of the firm and work closely together on a daily basis. All portfolio and administrative decisions are made jointly. Mr. Burke serves as CEO and provides the quantitative analysis for each stock. Mr. Weems serves as Managing Director and provides external research on individual stocks as well as compliance and client communication. The formula for measuring internal growth potential has not changed since it was first created in 1992, and the process used to select stocks to purchase and determine when to sell has been consistent since inception of the firm. As investment managers that align their interest with that of its clients Beacon Street Capital is committed to taking fewer risks and producing better performance results.

Assets by Client Category Professional Categories
Assets   # of Clients Amount ($Mil)  
Individuals/Trusts :
28
$22.45
 
Limited Partnership :
3
$11.64
 
Foundations :
2
$1.85
ERISA :
Unions, Taft-Hartley :
Public :
Others :
Total # of Professional : 2 Analysts : 0
Portfolio Managers : 2 Traders : 0
Client Service : 0 Operation : 0

Beacon Street Capital, LLC Personnel

Mr.  Terry Burke

Portfolio Manager
Tel : 770-984-5433
Email: burkete@bellsouth.net
Terry E. Burke Mr. Burke is responsible for portfolio management and general executive management. Mr. Burke's entire 30 year career has been involved in analyzing companies form the ground level. Prior to forming Beacon Street Capial he was CEO of DataBase Research Corporation, a financial consulting firm to public and privately held companies. His special insight into a company's earnings power led him to seek a method of quantifying a company's internal growth potential. By studying the growth characteristics and pricing relationships of publicly traded companies he was able to deveop the Q.E.P. (Quantitative Earnings Power) Index in 1992. In 1997 he formed Beacon Street Research to provide independent research to institutional investors. Mr. Burke received a BA degree in finance from the University of Florida and did post baccalaureate work in accounting.

Mr.  Herron Weems

Portfolio Manager
Tel : 770-984-5433
Email: hweems@beaconstreetcapital.com
Mr. Weems is Managing Director of Beacon Street Capital. Mr. Weems serves as portfolio manager with additional responsibilities in the areas of marketing and client services. He has over 23 years experience in the securities industries with Salomon Brothers, which he joined in 1977 and with Salomon Smith Barney after the merger of Salomon Brothers and Smith Barney, before co-founding Beacon Street Capital. In 1980 he joined the fledgling mortgage department of Salomon Brothers under Lewis Ranieri and helped to build the department into a leadership position on Wall Street. He moved to Atlanta with Salomon in 1983, and in 1984 took over the leadership role of the mortgage sales effort for the Southeastern region. In 1995, Mr. Weems became Manager of the Atlanta office of Salomon Brothers with the overall responsibility for all sales activities in the Southeast, and was named Managing Director shortly thereafter. In 2000, he left Salomon Smith Barney to concentrate on private investments and community activity. Mr. Weems received a B.A. in 1975 from Vanderbilt University with a double major in Economics and Business Administration, and earned an MBA in 1977 from the University of Chicago Graduate School of Business with concentrations in Finance and Accounting. He is a member of the Leadership Atlanta Class of 1998 and currently serves as Vice-Chairman of the Board of Trustees of Literacy Action. Inc.

Beacon Street Capital, LLC Product Name

Dow Jones/Select:Privately Managed Accounts
S&P500/Select:Index
High Income & Growth:Privately Managed Accounts
Small-Mid Cap Growth:Privately Managed Accounts
Report Created: July,16 2018.  Copyright Money Manager Review , All rights Reserved.
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