About Brockenbrough and Chris Culbertson
Headquartered in Richmond, Virginia, Brockenbrough is an independent investment management firm that has been providing individuals and institutions with top-tier wealth and investment management services for over 50 years. With over $3.8* billion in assets under management, the firm has the experience and access to curate innovative investment solutions and advise clients through complex situations. Though much has changed inside and outside the firm over the years, Brockenbrough’s values are anchored in its commitment to modern stewardship. Their team specializes in guiding investors through complex situations, offering custom solutions that often blend traditional and nontraditional asset classes to meet clients’ unique objectives, tolerances, and goals.
Chris Culbertson is a Managing Director and serves on the investment team for the firm’s institutional clients and OCIO platform. Chris leads investment strategy for the portfolios’ private investments, which includes overseeing initial and ongoing manager due diligence and manager selection for buyout, growth equity, venture capital and real assets strategies. In addition to leading the firm’s private strategies, he is also actively involved in decisions related to asset allocation, portfolio construction and risk management. He joined Brockenbrough in 2019 and has more than 15 years of investment experience.
While Brockenbrough had great systems in place prior to implementing Venn, one of the main goals was to streamline analytics capabilities and implement a solution that was user friendly. Many of the existing systems required in-depth knowledge of the platforms and significant training for new joiners.
Venn’s ability to easily ingest data and the intuitive nature of the platform enables the team to get up-to-speed very quickly. Brockenbrough can now spend more time evaluating and interpreting the analyses, rather than generating them.
Streamlining Team Access and Engagement:
With the addition of Venn, we have seen broader engagement and use across both our investment and operations teams. An important, additional result of which is an increase in efficiency and time management.
Analyzing Risk Factors
Having a better understanding of the risks driving our clients’ returns is imperative. Venn provides insights into underlying factors contributing to both the return and risk within their portfolios. We are now able to dive deeper and continually track ongoing trends in order to assist in making portfolio decisions.
Scenario Analysis & Forecasting
With the ever-increasing complexity of multi-asset portfolios, being able to understand how changes to the broader macroeconomic landscape and their potential impacts to our clients’ portfolios is as important as ever. Venn easily allows us to now take all of the data we have gathered on our clients’ portfolios and quickly run these analytics.
Results and What’s Next
Overall, Brockenbrough has leveraged Venn to address key workflow improvements. Looking ahead, Culbertson and team will continue to focus on streamlining their modern technology solutions.
As we implement modern technology solutions, Brockenbrough is focused on ways to further streamline reporting and operational processes in order to provide clients with more timely and insightful information while also increasing the efficiency of our team. We are excited to partner with Venn to help achieve these goals and continue to enhance our processes.
Disclaimer: The Venn subscriber featured on this page was not compensated for their statements. As a Venn subscriber, their use of portfolio analytics or other Venn features and their experience could differ from your organization’s due to their particular use of Venn, the version of Venn used, or other factors. Not all subscribers will be equally satisfied. The person providing this testimonial was selected based on a variety of factors, some of which are subjective. This document is for informational purposes only. Not an offer to buy or sell securities. Click here for Important Disclosure and Disclaimer Information
*As of June 30, 2022
The information contained in this article is provided for general informational and educational purposes only, and should not be construed as investment advice. The contributor to this material is associated with a client of Two Sigma Investor Solutions, LP (“TSIS”). Neither TSIS nor its affiliates have compensated the contributor for his statements. The statements from the interview have been edited and reformatted by TSIS with the contributor’s approval. Unless otherwise noted, the contributor’s statements do not represent the actual views or opinions of TSIS or its affiliates, or any officers, directors, or employees thereof.
This article is not an endorsement by Two Sigma Investor Solutions, LP or any of its affiliates (collectively, “Two Sigma”) of the topics discussed. The views expressed above reflect those of the authors and are not necessarily the views of Two Sigma. This article (i) is only for informational and educational purposes, (ii) is not intended to provide, and should not be relied upon, for investment, accounting, legal or tax advice, and (iii) is not a recommendation as to any portfolio, allocation, strategy or investment. This article is not an offer to sell or the solicitation of an offer to buy any securities or other instruments. This article is current as of the date of issuance (or any earlier date as referenced herein) and is subject to change without notice. The analytics or other services available on Venn change frequently and the content of this article should be expected to become outdated and less accurate over time. Any statements regarding planned or future development efforts for our existing or new products or services are not intended to be a promise or guarantee of future availability of products, services, or features. Such statements merely reflect our current plans. They are not intended to indicate when or how particular features will be offered or at what price. These planned or future development efforts may change without notice. Two Sigma has no obligation to update the article nor does Two Sigma make any express or implied warranties or representations as to its completeness or accuracy. This material uses some trademarks owned by entities other than Two Sigma purely for identification and comment as fair nominative use. That use does not imply any association with or endorsement of the other company by Two Sigma, or vice versa. See the end of the document for other important disclaimers and disclosures. Click here for other important disclaimers and disclosures.
This article may include discussion of investing in virtual currencies. You should be aware that virtual currencies can have unique characteristics from other securities, securities transactions and financial transactions. Virtual currencies prices may be volatile, they may be difficult to price and their liquidity may be dispersed. Virtual currencies may be subject to certain cybersecurity and technology risks. Various intermediaries in the virtual currency markets may be unregulated, and the general regulatory landscape for virtual currencies is uncertain. The identity of virtual currency market participants may be opaque, which may increase the risk of market manipulation and fraud. Fees involved in trading virtual currencies may vary.