Brazos Capital

Brazos Capital, LLC, operating as Brazos Capital, is a registered investment adviser based in Austin, Texas, established in 2017 by Richard A. Funk. The firm offers discretionary and non-discretionary portfolio management services, including Separately Managed Account Programs (SMAs) and asset allocation services tailored to clients' needs and objectives. Clients have the option for both discretionary and non-discretionary account management. The firm primarily uses methods such as charting analysis, technical analysis, fundamental analysis, and long-term and short-term purchases in its investment strategies. Brazos Capital charges annual fees for portfolio management services ranging from 0.75% to 2.00% based on the market value of assets under management. The firm does not accept performance-based fees or engage in side-by-side management. Brazos Capital requires a minimum account size of $1,000,000, which may be waived based on the client's potential for asset growth. The firm does not receive compensation for client referrals or engage in directed brokerage. Clients are responsible for voting their securities, and the firm does not vote proxies on their behalf. Additionally, Brazos Capital does not have any disciplinary information or soft dollar arrangements. The firm operates in a negative equity position but does not have any financial impairments that would affect client commitments. Clients are provided with privacy policies and are informed about IRA rollover considerations. Trade errors are rectified by restoring accounts to their correct positions, and the firm does not participate in class action lawsuits on behalf of clients.