Beam Wealth Advisors, Inc.

RIASEC RegisteredEst. 2001
Total AUM
$1.6B
Discretionary
$1.6B
98% of AUM
Avg account
$301K
Accounts
5,324
Employees
27
Advisory reps
26

Firm details

Headquarters
Covington, Louisiana
CRD number
109867
Registered since
June 22, 2001
Website
www.beamwealth.com
Custodians
NATIONAL FINANCIAL SERVICES LLC, RAYMOND JAMES & ASSOCIATES, INC., CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI55.61%
  • Individuals30.59%
  • Pension & Profit Sharing Plans12.64%
  • Corporations / Businesses1.15%
  • Charitable Organizations0.02%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersMarket Timing ServicesEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Beam Wealth Advisors, Inc. is an independent, SEC-registered registered investment adviser that has operated since 2001. The firm is organized as a corporation under individual ownership and positions itself as a capital allocator for both individual/family and institutional clients. Its fee arrangements include percentage-of-assets, hourly charges, and fixed fees. Core advisory capabilities include comprehensive financial planning, discretionary and non-discretionary portfolio management for individuals, small businesses and institutions, pension consulting, manager selection, market-timing services, and educational seminars and workshops. Beam does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 84%, Exchange Traded Equities 10%, Cash & Cash Equivalents 4%, US Government Bonds 1%, State & Local Bonds 1%84%
  • Public Funds/Mutual Funds84%
  • Exchange Traded Equities10%
  • Cash & Cash Equivalents4%
  • US Government Bonds1%
  • State & Local Bonds1%

Owners & executives

3 of 6
  • Jaime Benedetti

    Jaime Benedetti

    Owner & CEOCRD 4524413

  • Jason Spears

    Jason Spears

    President, Chief Investment OfficerCRD 4686230

  • Jason Sanchez

    Jason Sanchez

    Founder & Chief Financial AdvisorCRD 4696232

Unlock 3 more executives →

Contacts

3 of 20
  • Ryan Flurie

    Ryan Flurie

    Wealth AdvisorCRD 5839257

  • Heather Gardner

    Heather Gardner

    Registered RepresentativeCRD 5882325

  • Aaron Schuler

    PartnerCRD 5182258

Unlock 17 more contacts →

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 199

Active vs passive

$833M in ETFs

Passive

78%

$645M

Active

15%

$187M

ETFProviderStyleCategoryValueShares% of portfolio
ISHARES CORE S&P 500 ETF (IVV)BlackRockPassiveLarge Blend$79.1M105,6789.50%
Unlock additional holdings →

Location

Primary office

Covington, LA

Saint Tammany

Location

Covington, LA

Headquartered in Covington, LA, anchoring the New Orleans-Metairie-Hammond, LA-MS metro in the South.

Metro area
New Orleans-Metairie-Hammond, LA-MS
Region
South
County
Saint Tammany
Address
72096 Ramos Ave
Time zone
CT (UTC-6)
Office locations

Similar firms

Paradiem, LLC

RIA

Covington, LA

AUM $483MTEAM 14REPS 8

Asset Planning Services Inc

RIA

Covington, LA

AUM $366MTEAM 5REPS 3

Pelican Advisory LLC

RIA

Covington, LA

AUM $119MTEAM 4REPS 3

Advocacy Financial LLC

RIA

Covington, LA

AUM $103MTEAM 4REPS 2

Live Oak Wealth Management, LLC

RIA

Covington, LA

AUM $57MTEAM 3REPS 3

Argent Advisors, Inc.

RIA

Ruston, LA

AUM $1.7BTEAM 27REPS 13
More RIAs in Covington →All Louisiana RIAs →

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth