BLOOM ADVISORS

RIASEC RegisteredEst. 1995

Total AUM

$1.6B

Discretionary

$1.6B

100% of AUM

Avg account

$1.4M

Accounts

1,166

Employees

Advisory reps

Firm details

Headquarters: FARMINGTON HILLS, Michigan
CRD number: 106152
Registered since: May 22, 1995
Website: www.bloomadvisors.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM
Client types: HNWI78.59%
Individuals21.41%
Services: Portfolio Management for Individuals

Firm profile

FINTRX

Overview

Bloom Advisors is an independent registered investment adviser that focuses on discretionary portfolio management for individuals, families and small businesses. Founded in the mid-1990s and owned by an individual principal, the firm runs fee-based relationships charged as a percentage of assets under management. Investment activity centers on liquid public market exposures delivered through collective investment vehicles and separate account management, with a client base that skews toward high‑net‑worth households given the average relationship size. The firm takes a pragmatic, core‑and‑satellite approach: broad public fund allocations form the portfolio core while smaller sleeves capture income, risk mitigation and tactical opportunities. Bloom Advisors does not position itself as an active ESG investor and is not structured as a multi‑state or pension consultant advisor. The firm received recognition from Forbes as one of its Top RIA Firms in 2024.