BERKSHIRE ASSET MANAGEMENT, LLC
Latest filing: Mar 20, 2025 (118 days ago)
AUM
$2,537,174,815
10% change vs. 1 year ago
23% change vs. 3 years ago
51% change vs. 5 years ago
163% change vs. 10 years ago
Employee Count
10
0% change vs. 1 year ago
0% change vs. 3 years ago
0% change vs. 5 years ago
43% change vs. 10 years ago
Main Office
WILKES-BARRE, PA
46 PUBLIC SQUARE, WILKES-BARRE, PA, UNITED STATES, 18701-2609
Client AUM
| Discretion | AUM |
|---|---|
| Discretionary | $2.4 |
| Non-Discretionary | $0.2 |
| Total | $2.5 |
| Client | AUM |
|---|---|
| Retail | $2.2 |
| Pooled | $0.0 |
| Institutional | $0.3 |
| Total | $2.5 |
| Retail | Accounts | AUM |
|---|---|---|
| Individual | 12 | $0.0 |
| Average Individual AUM | $326,304 | |
| HNW | 2,334 | $2.2 |
| Average HNW AUM | $933,682 | |
| Retail Total | 2,346 | $2.2 |
| Average Retail AUM | $930,575 |
ADVDB.CO • AUM IN BILLIONS, AVERAGES IN DOLLARS • SOURCE: SEC FORM ADV
SMA Custodians
| Custodian | Location | AUM |
|---|---|---|
| CHARLES SCHWAB & CO., INC. | SAN FRANCISCO-CA-USA | $1.2 |
| WELLS FARGO CLEARING SERVICES, LLC | ST. LOUIS-MO-USA | $0.9 |
ADVDB.CO • SMA AUM IN BILLIONS • SMA INCLUDES RETAIL AND INSTITUTIONAL • SOURCE: SEC FORM ADV
Separately Managed Assets
| Breakdown | AUM |
|---|---|
| Total SMA AUM | $2.5 |
| Retail SMA AUM | $2.2 |
| Institutional SMA AUM | $0.3 |
| Asset Class | % | AUM |
|---|---|---|
| Equity Exch | 78% | $1.9 |
| Equity Non-Exch | 0% | $0.0 |
| Govt Agency | 9% | $0.2 |
| Municipal | 5% | $0.1 |
| Sovereign | 0% | $0.0 |
| IG Credit | 0% | $0.0 |
| HY Credit | 0% | $0.0 |
| Derivatives | 0% | $0.0 |
| Investment Companies | 2% | $0.0 |
| Other Pools | 0% | $0.0 |
| Cash | 6% | $0.1 |
| Other | 0% | $0.0 |
| Total | 100% | $2.5 |
ADVDB.CO • AUM IN BILLIONS • POSSIBLE ROUNDING ERRORS, BUT SOME ADVISERS REPORT SUMS ≠ 100% • SOURCE: SEC FORM ADV
Control Persons
11 active
| Name | Title |
|---|---|
| KROGULSKI, KENNETH, JOHN | PRESIDENT, CEO, CIO AND MANAGING MEMBER |
| MIHALICK, GERARD | VICE PRESIDENT AND MEMBER |
| WEAVER, GREGORY, CAMERON | VICE PRESIDENT AND MEMBER |
| WEAVER, MICHAEL, DURKIN | VICE PRESIDENT AND MEMBER |
| MARTIN, CHARLES, DANIEL | CHIEF COMPLIANCE OFFICER |
| REILLY, JASON, J | VICE PRESIDENT AND CLASS C MEMBER |
ADVDB.CO • SOURCE: SEC
Representatives
6 active representatives found
| Name | City | State | Exams | Designations | |||||
|---|---|---|---|---|---|---|---|---|---|
| RACHEL AMES | WILKES-BARRE | PA | CHARTERED FINANCIAL ANALYST | ||||||
| GERARD MIHALICK | WILKES-BARRE | PA | S63|1990-08-14|S65|1995-08-10 | ||||||
| JASON REILLY | WILKES-BARRE | PA | S66|2007-07-30 | CERTIFIED FINANCIAL PLANNER | |||||
| KENNETH KROGULSKI | WILKES-BARRE | PA | |||||||
| GREGORY WEAVER | WILKES-BARRE | PA | CHARTERED FINANCIAL ANALYST | ||||||
| MICHAEL WEAVER | WILKES-BARRE | PA | S63|1996-03-21|S65|1999-12-01 | ||||||
ADVDB.CO • SOURCE: SEC
History
| Date | AUM | AUM ∆ | AUM % ∆ | Empl | Empl ∆ | Empl % ∆ |
|---|---|---|---|---|---|---|
| 2025-06-02 | $2.5 | $0.0 | 0% | 10 | 0 | 0% |
| 2025-04-21 | $2.5 | $0.0 | 0% | 10 | 0 | 0% |
| 2024-04-02 | $2.3 | $0.2 | 10% | 10 | 0 | 0% |
| 2023-04-04 | $2.1 | $0.4 | 19% | 10 | 0 | 0% |
| 2022-04-01 | $2.1 | $0.5 | 23% | 10 | 0 | 0% |
| 2021-04-05 | $1.8 | $0.8 | 45% | 10 | 0 | 0% |
| 2020-04-01 | $1.7 | $0.9 | 51% | 10 | 0 | 0% |
| 2019-04-01 | $1.6 | $0.9 | 57% | 10 | 0 | 0% |
| 2018-04-02 | $1.5 | $1.0 | 67% | 8 | 2 | 25% |
| 2017-04-01 | $2.2 | $0.4 | 17% | 8 | 2 | 25% |
| 2016-04-01 | $1.0 | $1.6 | 163% | 8 | 2 | 25% |
| 2015-04-01 | $1.0 | $1.6 | 163% | 7 | 3 | 43% |
| 2014-04-01 | $0.9 | $1.7 | 193% | 7 | 3 | 43% |
| 2013-04-01 | $0.7 | $1.8 | 261% | 7 | 3 | 43% |
ADVDB.CO • AUM IN BILLIONS • SOURCE: SEC FORM ADV
Other
| STATE REGISTRATIONS |
| PA, AK-03/20/2025, AL-11/30/2016, AZ-11/30/2016, CA-03/20/2014, CO-03/28/2012, CT-03/31/2018, DE-03/29/2010, FL-10/17/2007, GA-03/26/2019, IL-04/12/2016, IN-03/26/2019, KY-03/24/2016, LA-03/26/2015, MA-03/20/2014, MD-07/01/2007, MI-03/26/2019, MO-03/20/2025, NC-07/01/2007, NH-03/20/2025, NJ-10/25/2007, NY-10/17/2007, OH-03/24/2016, OK-03/20/2025, OR-03/31/2018, PA-07/01/2007, RI-03/20/2025, SC-03/20/2014, SD-03/20/2025, TN-11/30/2016, TX-03/20/2014, UT-03/20/2025, VA-03/20/2014, WA-03/20/2025, WI-03/24/2016, WV-03/20/2025, WY-03/20/2025 |
| ADVISER ACTIVITIES |
|
PORTFOLIO MANAGEMENT PORTFOLIO MANAGEMENT (RIC) PORTFOLIO MANAGEMENT (POOLS) PORTFOLIO MANAGEMENT (SMB) PENSION CONSULTING MANAGER SELECTION |
| OTHER ACTIVITIES |
ADVDB.CO • SOURCE: SEC FORM ADV