About Broyhill

Broyhill Asset Management is a boutique investment firm, initially established as a family office and guided by a disciplined, value orientation. Founded in the foothills of the Blue Ridge Mountains, we operate outside of the fray and invest with a rational, objective, long-term perspective.

We are a boutique investment firm, established as a family office and guided by a value orientation.

Our family office foundation provides the security of a stable capital base. As a result, we do not suffer from the constant pressure to gather assets, which often contributes to poor short-term decisions. Rather, we focus our resources on what we love – finding attractive investments for our partners.

We operate under a different mandate and make our own, independent decisions.

The advantage of being founded in the foothills of the Blue Ridge Mountains is that we operate outside of the fray. It’s pretty quiet here and the rumor mill just doesn’t churn as loudly. Removed from the noise, we are able to survey the investment landscape with a rational, objective, long-term perspective.

We seek to provide attractive returns with a low probability of loss.

We are long-term investors, eager to concentrate capital in our best ideas and willing to accept short-term underperformance in exchange for long-term success. By putting a margin of safety at the heart of our investment process, we aim to achieve sustainable absolute returns and safeguard capital under various market conditions.

We invest alongside our clients as partners in our process.

We seek partners who share the same objectives and beliefs. Our investors understand that a short-term focus can impair our results, so we seek to partner only with investors who appreciate that a long-term horizon is critical to our mutual success.

We have fun each day because we love our work.

Having too much fun can give the impression that you aren’t serious. But as far as we can tell, the correlation between appearing serious and actually being good at what you do, is spurious at best. Because we love our work, our minds are always in gear. Because we are having fun, we are always engaged.

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Broyhill's Investment Artisans

  • Christopher Pavese, CFA

    President & Chief Investment Officer

  • Patrick Wells, CFA

    Senior Portfolio Manager

  • Olivia Guillebeau

    Investment Analyst

  • M. Hunt Broyhill


  • Kyle Minges

    Chief Operations Officer

  • Pam Reid

    Chief of Staff

  • Andrea Sefler, PhD, CFA

    Director of Research

  • Alfred Pavese

    Chief Canine Officer

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Broyhill Legacy


Tom Broyhill runs Kent Coffin which manufactures coffins and hard wooden chairs.


James Edgar Broyhill (“Ed”) works in his brother Tom’s furniture business as bookkeeper, clerk and sales.


Ed Broyhill first starts the Lenoir Chair Co.


Ed and Tom buy a controlling stake in Harper Furniture and the “Lenoir Line” (Lenoir Chair & Harper) of furniture products is born.

1937 to 1940

Multiple small factories are purchased and added to the “Lenoir Line” - Newton, NC, Marion, NC and Conover, NC.


Paul Broyhill starts in family business; with sales at roughly $15 million per year it is one of the largest U.S. furniture manufacturers.


Furniture inventory “crisis” leads to the unheard of Broyhill furniture “sales force” and the first of its kind “furniture sales training program.”

1950 to 1979

Paul “The Builder” Broyhill architects Broyhill Furniture Industries into one of the greatest household names in the home furnishing business; sales surpassing $260 million a year, operating 20 factories with more than 7,500 employees.


Broyhill Furniture Industries was sold to Interco, the proceeds of which became the foundation of the Broyhill Family Office, which was managed internally for the next two decades.


Chris Pavese joins the Broyhill Family Office as Managing Director and Senior Portfolio Manager of BMC Fund, Inc.


Chris is appointed President and Chief Investment Officer of BMC Fund, Inc. and the Broyhill Family Foundation.


The Board approves Broyhill Asset Management as Investment Advisor, effectively separating the investment arm of the family office, and establishing BAM as an independent investment boutique.