{"url":"https://nivawealth.com/firms/brackenwood-capital-management-135478","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/135478","regulatoryAum":126631575,"crd":"135478","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2643493","suffix":null,"lastName":"KRUSE","firstName":"MARK","middleName":"STEPHEN"},{"crd":"7589949","suffix":null,"lastName":"OIEN","firstName":"KRYSTAL","middleName":"NICOLE"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"secFileNumber":"801-136277","legalName":"Brackenwood Capital Management, LLC","displayName":"Brackenwood Capital Management","slug":"brackenwood-capital-management-135478","website":"https://bcmportfolios.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Washington limited liability company","fiscalYearEnd":"December","headquarters":{"street":"175 Parfitt Way SW, #N220","city":"Bainbridge Island","state":"WA","stateName":"Washington","country":"United States","postalCode":"98110"},"tradeNames":[],"registration":{"secApproved":"15 May 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1472460.1744186047,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":126631575,"discretionary":126631575,"discretionaryAccounts":292,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":3},"clientTypes":[{"label":"Individuals (other than HNW)","clients":57,"regulatoryAum":30908627},{"label":"High-net-worth individuals","clients":29,"regulatoryAum":95722948}],"feePrograms":[{"role":"main","program":"Investment management","feeBasis":"whole_balance","fee_tiers":[{"to":1000000,"pct":0.85,"from":0},{"to":null,"pct":0.6,"from":1000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1045475","versionId":1045475,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-05-18","documentName":"BRACKENWOOD CAPITAL MANAGEMENT ADV PART 2 MAY 2026","fee_rate_low":0.6,"fee_rate_high":0.85,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial planning and consulting","summary":"Financial planning and consulting clients are billed at a maximum hourly rate of $250, which may be negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1045475","versionId":1045475,"submittedOn":"2026-05-18","documentName":"BRACKENWOOD CAPITAL MANAGEMENT ADV PART 2 MAY 2026"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T13:16:54.570036+00:00","documents":[{"name":"BRACKENWOOD CAPITAL MANAGEMENT ADV PART 2 MAY 2026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1045475","versionId":1045475,"submittedOn":"2026-05-18"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":124235077}],"custodyNote":"Brackenwood Capital Management has custody of $432K in client assets for 27 clients.","leadership":[{"name":"Mark Kruse","title":"Manager, CCO","crd":"2643493"}],"ownership":[{"label":"Mark Kruse","detail":"Manager, cco in the 75% or more ownership band and a control person, since May 2005."}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Washington","offices":1,"addresses":[{"street":"175 Parfitt Way SW, #N220","city":"Bainbridge Island","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"206-446-0157","stateRegisteredReps":2,"otherAdviserReps":1,"compensation":["A percentage of assets under management","Hourly charges"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":17},{"label":"Securities issued by registered investment companies or business development companies","percent":80},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"18 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/135478/PDF/135478.pdf","brochureDate":"18 May 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1045475","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Brackenwood Capital Management have?","answer":"Brackenwood Capital Management has 86 clients and manages $127 million for them, as of May 2026. They include 57 individual clients and 29 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 18 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Brackenwood Capital Management offer?","answer":"Brackenwood Capital Management provides financial planning and portfolio management for individuals and small businesses.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Brackenwood Capital Management charge?","answer":"Brackenwood Capital Management charges 0.60%–0.85% a year for its Investment management. The whole portfolio is charged at the rate of its band. The fee is billed in advance and is negotiable.","source":"BRACKENWOOD CAPITAL MANAGEMENT ADV PART 2 MAY 2026, filed 18 May 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Brackenwood Capital Management use?","answer":"Brackenwood Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $124M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 May 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Brackenwood Capital Management have?","answer":"Brackenwood Capital Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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":"What does Brackenwood Capital Management invest in?","answer":"At the end of its last fiscal year, Brackenwood Capital Management’s separately managed accounts held 80% registered funds (mutual funds, ETFs, BDCs), 17% exchange-traded equities and 2% cash and equivalents.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Brackenwood Capital Management?","answer":"Brackenwood Capital Management’s direct owner is Mark Kruse (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 18 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Brackenwood Capital Management get paid?","answer":"Brackenwood Capital Management is paid through a percentage of assets under management and hourly charges. Its Form ADV lists no commissions or performance-based fees 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"}},{"question":"Is Brackenwood Capital Management registered with the SEC?","answer":"Yes, Brackenwood Capital Management has been registered with the SEC as an investment adviser since 15 May 2026. Its CRD number is 135478 and its SEC file number is 801-136277.","source":"Form ADV Part 1A, Item 1, filed 18 May 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Brackenwood Capital Management?","answer":"Brackenwood Capital Management’s main office is at 175 Parfitt Way SW, #N220, Bainbridge Island, WA 98110. Its phone number is 206-446-0157. Its website is bcmportfolios.com.","source":"Form ADV Part 1A, Item 1.F, filed 18 May 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"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 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."}