Bay Hills Capital Management, LLC (San Francisco)


Bay Hills Capital Management, LLC is a large advisory firm based in San Francisco. It manages $552.48 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

Bay Hills Capital Management provides portfolio management for pooled investment vehicles, selection of other advisers, and private equity fund of funds. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Bay Hills Capital Management: assets under management

The assets under management (AUM) of Bay Hills Capital Management, LLC is $552.48 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 111% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $552.48 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $69.06 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bay Hills Capital Management, LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bay Hills Capital Management serves?

The only and largest group of clients of Bay Hills Capital Management is pooled investment vehicles with 8 clients and $552.48 million of assets under management. Among the 10 most similar advisory firms, Bay Hills Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $552.48 million for 8 clients. None of the firm’s clients are foreign persons or businesses.

Bay Hills Capital Management also advises several private funds. Namely, eight private equity funds. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Bay Hills Capital Management, LLC

The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Lance David Mansbridge Managing partner 1 Sep 2006 75% - 100% 4509458
Monta Vista Opportunity Fund I Lp Member 1 Sep 2006 Other 20-4693235
David Jon Smith Partner,cco 1 Jan 2008 Other 1340406
David Jon Smith Partner,cco 1 Jan 2009 Other 1340406
Albert Teh Chiang Partner 1 Jan 2009 Other 2854465
Philip Alan Godfrey Partner 1 Sep 2011 Other 1048107
Brad Bauer Chief compliance officer 1 Jan 2014 Other 6281594
Joe Neveril Chief compliance officer 1 Feb 2014 Other 6308331
Jacqueline Renee Valdez Chief compliance officer 1 Nov 2014 Other 4478475
Jeffrey Randall Clark Chief compliance officer 1 Apr 2016 Other 5342913
Bret Belohlav Principal 1 Jan 2017 Other 6744117

Based in San Francisco

The principal office where Bay Hills Capital Management, LLC performs its advisory services is located at 600 Montgomery St., San Francisco, CA 94111, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-391-4240 or by fax 415-391-4210. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at bayhillscapital.com.