# Barrack Yard Advisors

Barrack Yard Advisors is a RIA based in Chevy Chase, United States.

## Overview

- **Organization type:** RIA
- **Headquarters:** Chevy Chase, United States
- **Region:** North America
- **Address:** Bryn Mawr, PA, United States
- **Founded:** 1996
- **Assets under management:** $500M - $1B (Altss estimate)
- **Website:** barrackyard.com
- **LinkedIn:** https://www.linkedin.com/company/martin-leclerc-41559112

## Regulatory record

- **CRD number:** 173536
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/173536

## About

Barrack Yard Advisors, LLC is a state-registered investment adviser in Chevy Chase, MD. The firm manages $67 million in assets, $66 million on a discretionary basis. It has 1 employee and 1 investment adviser.

## Sectors

- FinTech
- Energy Transition & Renewables
- Real Estate
- Media & Entertainment
- Enterprise Software

## People

- Richard Vague — Managing Partner

## Questions

### Who makes investment decisions at Barrack Yard Advisors?

Richard Vague serves as Managing Partner and is the sole investment decision-maker. The office operates as a single-family vehicle without an external investment committee, reflecting Vague's background as a founder-operator rather than an institutional allocator. His direct involvement in portfolio construction mirrors the concentrated style he employed building First USA Bank.

### Does Barrack Yard Advisors invest in real estate outside the Philadelphia area?

The real estate portfolio is concentrated in the Philadelphia metro region, where Vague has executed mixed-use and commercial developments. Public records do not indicate a national real estate platform or significant exposure beyond the Mid-Atlantic. The local focus reflects Vague's personal ties to the area and his preference for direct ownership over REIT positions.

### Where does Richard Vague's wealth come from?

Vague co-founded First USA Bank, a monoline credit card issuer that grew into one of the largest Visa issuers in the U.S. before its sale to Bank One in 1997. He later served as CEO of Energy Plus, an electricity retailer acquired by NRG Energy. Both exits generated the capital base now managed by Barrack Yard Advisors.

## Related profiles

- [Strivus Wealth Partners](https://altss.com/profile/strivus-wealth-partners-llc)

---

Last updated: 2026-07-06T01:24:12.079Z

Canonical page: https://altss.com/profile/barrack-yard-advisors-llc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology