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Meet your team

Christopher M.
Passarelli

Founder, CEO & Portfolio Manager

Get to know the person behind Bull Run’s investment approach and start a conversation about your financial priorities.

Christopher M. Passarelli
About Christopher

Markets Since Age 10


Christopher Passarelli started investing before most people open a bank account. He bought his first stock at ten years old and was trading options by fifteen — not because someone told him to, but because he couldn't imagine doing anything else.

That single-minded drive led him through equity derivatives research, advisor platform strategy, institutional operations at Morgan Stanley in Baltimore supporting the Listed Commodity Derivatives desk in New York, and quantitative fund analysis — roles that gave him an institutional toolkit most solo portfolio managers never get. He studied at Virginia Tech before earning his B.S. in Finance from the University of Colorado Boulder, where he led a team that placed 4th of about 468 worldwide in the CME Group Trading Challenge.

He founded Bull Run Investment Management in 2019 with a conviction that a concentrated, actively managed portfolio of the world's most innovative companies — selected through rigorous fundamental and quantitative analysis — can meaningfully and consistently outperform passive benchmarks over complete market cycles. That thesis has been validated: since January 2023, the firm's Equity Innovation SMA ranks #21 of 2,243 U.S.-listed ETFs by gross total return, the top 0.89%, as of October 12, 2026.

Today, Passarelli serves as Founder, CEO, and sole Portfolio Manager of BRIM, managing four proprietary equity SMA strategies on the Charles Schwab platform for individuals, families, financial advisors, and institutional clients. He is personally involved in every investment decision, every client relationship, and every strategic direction the firm takes.

At a Glance
License
Series 65 — Uniform Investment Adviser
Education
B.S. Finance, University of Colorado Boulder
CME Trading Challenge
Top 1% Globally
Strategies Managed
4 Proprietary Equity SMAs
Founded
2019 • McLean, Virginia
Registered In
CA, DC, FL, MD, NC, TX, VA
Career Experience

From Wall Street to Founder


Bull Run Investment Management
Founder, CEO & Portfolio Manager
Founded a fee-only RIA delivering institutional-grade, actively managed SMA strategies directly to individuals and financial advisors on the Charles Schwab platform. Sole portfolio manager across four proprietary equity strategies spanning the full risk spectrum.
Spectrum Financial
Quantitative Equity & Mutual Fund Research Analyst
Developed proprietary quantitative frameworks for equity and fund selection.
Morgan Stanley
Derivatives Operations — Baltimore
Supported institutional trade routing, order management systems, and derivatives infrastructure for the Listed Commodity Derivatives desk in New York, interfacing with institutional counterparties and internal technology teams.
TD Ameritrade
Advisor Services
Helped independent RIAs identify, evaluate, and implement separately managed account solutions for their retail client base, building expertise in SMA platforms and advisor workflows.
IPS Strategic Capital
Equity Derivatives & Quantitative Strategy Research Analyst
Conducted deep-dive quantitative research on equity derivatives strategies, performing scenario analysis and portfolio optimization within systematic investment frameworks.
Track Record

Innovation SMA Performance

Equity Innovation SMA results, net of the 1.50% annual advisory fee. Past performance does not guarantee future results.


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Equity Innovation SMA
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Equity Innovation SMA
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Equity Innovation SMA
Cumulative
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Since Jan 2023 • Net of Fees
Net of Fee Performance
Investment Philosophy

How Christopher Invests


01
Revenue-Growth Leadership
Targets companies with accelerating revenue growth, expanding margins, and clear trajectories toward market dominance — the compounding dynamics that drive long-term capital appreciation.
02
Fundamental Analysis
Every position is researched bottom-up: business models, competitive moats, management quality, unit economics, total addressable market, and forward earnings trajectory.
03
Concentrated Conviction
High-conviction positions in 15–30 companies rather than broad diversification. Deep knowledge of each holding enables faster decision-making and higher portfolio impact.
Get Started

Ready to Have a Conversation?

No obligations, no pressure. Schedule a call to discuss your goals and see if BRIM is the right fit for you.

Bull Run Investment Management, LLC is a fee-only Registered Investment Adviser (CRD #306763). All performance figures shown are net of the 1.50% annual advisory fee unless otherwise noted. Past performance is not indicative of future results. Investing involves risk, including the potential loss of principal. Registration does not imply a certain level of skill or training. For additional information, refer to our Form ADV at adviserinfo.sec.gov.
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Reading the site

General information from this website only — not advice and not a recommendation. Past performance does not predict future results.

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