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BERKSHIRE ASSET MANAGEMENT, LLC
CRD 145463File 801-68485
APPROVED
Retail clients
Custody
Filing as of Mar 30, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$2.79B
Top 25% of cohort (national)
Discretionary AUM
$2.68B
Non-discretionary $104.2M
Clients
2,479
2,486 accounts
Employees
11
Top 25% of cohort in PA
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- PLRO
- Registration date
- Jul 1, 2007
- Principal office
- 46 PUBLIC SQUARE, SUITE 700, WILKES-BARRE, PA, 18701-2609
- Phone
- 570-825-2600
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $2.79B
- Discretionary AUM
- $2.68B
- Non-discretionary AUM
- $104.2M
- Discretionary accounts
- 2,462
- Non-discretionary accounts
- 24
- Total accounts
- 2,486
- AUM per client
- $1.1M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 26 | $91.7M |
| Insurance companies | Fewer than 5 | $20.8M |
| Investment companies | 1 | $8.7M |
| Charitable organizations | 64 | $206.4M |
| High net worth individuals | 2,318 | $2.36B |
| Pooled investment vehicles | 2 | $28.3M |
| Pension and profit sharing plans | 63 | $70.2M |
| Individuals (other than high net worth individuals) | Fewer than 5 | $1.2M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Fixed fees
- Performance-based fees
- A percentage of assets under your management
Advisory activities
- Selection of other advisers
- Portfolio management for other
- Portfolio management for businesses
- Portfolio management for investment companies
- Portfolio management for pooled investment vehicles
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- Yes
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Employees | 10 | 11 | increased by1 |
| Apr 1, 2026 | Clients | 2,466 | 2,479 | increased by13 |
| Apr 1, 2026 | AUM | $2,537,174,815 | $2,789,031,590 | increased by$251,856,775 |
| Apr 1, 2026 | Accounts | 2,467 | 2,486 | increased by19 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 2,069 | 2,466 | increased by397 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $2,056,985,431 | $2,537,174,815 | increased by$480,189,384 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 2,069 | 2,467 | increased by398 |
| Apr 1, 2022 | Clients | 1,923 | 2,069 | increased by146 |
| Apr 1, 2022 | AUM | $1,750,983,612 | $2,056,985,431 | increased by$306,001,819 |
| Apr 1, 2022 | Accounts | 1,923 | 2,069 | increased by146 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “BERKSHIRE ASSET” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“BERKSHIRE ASSET” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.