Bull Run Investment Management LLC

Bull Run Investment Management provides ongoing portfolio management, financial planning, pension consulting and subadvisory services to individuals, high‑net‑worth clients and employee benefit plans, including pension and profit‑sharing plans. The firm also assists plan sponsors with investment option selection, manager monitoring, and referral to third‑party managers when appropriate.

The firm documents each engagement with an Investment Policy Statement and typically manages accounts on a discretionary basis using a blend of fundamental and technical analysis across mutual funds, ETFs, equities, fixed income and private placements. Its disclosed strategies include use of leverage and short sales, and the brochure specifically notes that margin balances and derivatives may be used in separately managed accounts and are included in advisory fee calculations.

Bull Run’s brochure also includes published performance results and references predecessor performance, a practice that is uncommon among peers and is disclosed alongside fee‑sharing and solicitor arrangements with third‑party managers and advisors. The firm offers financial planning at no additional charge and emphasizes pension consulting and plan‑level services, while disclosing potential conflicts arising from fee‑sharing, margin use, and subadvisory relationships.