1913 - 1979
From humble beginnings
manufacturing coffins and
hardwood chairs, the Broyhill
family transforms the Lenoir Chair
Co. into Broyhill Furniture
Industries, a household name in
American home furnishings.
Broyhill Asset Management, LLC ("Broyhill") is a Charlotte-based, independently owned investment firm. Originally established as a family office nearly half a century ago, the firm spun out in 2022 as an independent investment manager, and in 2026 ownership passed to the members of its investment team. Today, Broyhill is focused on managing its global, value-oriented, public equity strategy for a diverse client base – including institutions, advisors, and high-net-worth families – seeking long-term capital appreciation with a rigorous focus on capital preservation through disciplined, bottom-up security selection.
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.
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 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 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.
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.
From humble beginnings
manufacturing coffins and
hardwood chairs, the Broyhill
family transforms the Lenoir Chair
Co. into Broyhill Furniture
Industries, a household name in
American home furnishings.
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. He was later appointed President and Chief Investment Officer of BMC Fund, Inc. and the Broyhill Family Foundation.
Inception of the Broyhill Equity strategy.
Broyhill Asset Management spins out
of the family office, separating the
investment arm, and establishing
BAM as an independently owned
investment manager under the
leadership of Chris Pavese.
Matt McLean and Patrick Wells, members of the Broyhill investment team, acquire the firm and become Co-Chief Investment Officers, making Broyhill owned by the people who manage its portfolios.
828.610.5360
601 S Cedar St., Suite 200,
Charlotte, NC 28202