{"url":"https://nivawealth.com/firms/berkshire-property-advisors-161374","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/161374","regulatoryAum":19239509462,"crd":"161374","secFileNumber":"801-73998","legalName":"Berkshire Property Advisors, LLC","displayName":"Berkshire Property Advisors","website":null,"linkedinUrl":"https://www.linkedin.com/company/berkshireresidentialinvestments","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"One Beacon Street, 24th Floor","city":"Boston","state":"MA","stateName":"Massachusetts","country":"United States","postalCode":"02108-3116"},"tradeNames":["Berkshire (D/B/A)","Berkshire Residential Investments (D/B/A)"],"registration":{"secApproved":"30 March 2012","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":226,"advisory":75,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":19239509462,"discretionaryAccounts":8,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":8,"regulatoryAum":19239509462}],"fees":[],"feeNotes":[],"custodians":[],"custodyNote":"Berkshire Property Advisors has custody of $15.51B for 8 clients.","otherCustodians":[],"leadership":[{"name":"David Olney","title":"Chief Executive Officer","crd":"6027546"},{"name":"Ravi Ragnauth","title":"Partner, Chief Financial Officer","crd":"6997885"},{"name":"Jonathan Frey","title":"Partner, Chief Operating Officer","crd":"6031290"},{"name":"Jeffrey Morandi","title":"Managing Director, Chief Compliance Officer","crd":"2864617"},{"name":"Mary Bloom","title":"Managing Director, General Counsel, Chief Risk Officer","crd":"6027547"}],"ownership":[{"label":"Berkshire Group, L.L.C.","detail":"Member in the 75% or more ownership band and a control person, since March 2010."},{"label":"David Olney","detail":"Chief executive officer in the 10% to 25% ownership band and a control person, since October 2019."},{"label":"George Krupp","detail":"Indirect owner: a shareholder of Bpa Manager, Inc. in the 50% to 75% band and a control person, since December 2004. Also a shareholder of KGP-1 Incorporated in the 50% to 75% band and a control person, since April 1987.","parent":"Bpa Manager, Inc."},{"label":"Douglas Krupp","detail":"Indirect owner: a shareholder of Bpa Manager, Inc. in the 50% to 75% band and a control person, since December 2004. Also a shareholder of KGP-1 Incorporated in the 50% to 75% band and a control person, since April 1987.","parent":"Bpa Manager, Inc."},{"label":"KGP-1 Incorporated","detail":"Indirect owner: general partner of Berkshire Group, L.P. and a control person, since August 2014.","parent":"Berkshire Group, L.P."},{"label":"Berkshire Group, L.P.","detail":"Indirect owner: a member of Berkshire Group, L.L.C. in the 75% or more band and a control person, since August 2014.","parent":"Berkshire Group, L.L.C."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"900 Larkspur Landing Circle","city":"Larkspur"}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"One Beacon Street, 24th Floor","city":"Boston","headquarters":true}]},{"state":"Texas","offices":1,"addresses":[{"street":"2699 Howell Street","city":"Dallas"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"617-646-2300","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":4},"sources":{"adv1FilingDate":"30 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/161374/PDF/161374.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Berkshire Property Advisors have?","answer":"Berkshire Property Advisors has 8 clients and manages $19.2 billion for them, as of March 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Berkshire Property Advisors offer?","answer":"Berkshire Property Advisors provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Berkshire Property Advisors have?","answer":"Berkshire Property Advisors has 0 investment adviser representatives registered with state securities authorities, out of 226 employees, and 75 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Berkshire Property Advisors?","answer":"Berkshire Property Advisors’ direct owners are Berkshire Group, L.L.C. (75% or more), David Olney (10% to 25%), George Krupp (50% to 75%) and Douglas Krupp (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Berkshire Property Advisors get paid?","answer":"Berkshire Property Advisors is paid through a percentage of assets under management, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}