BMB ADVISERS LLC

RIASEC RegisteredEst. 2002

Total AUM

$656M

Discretionary

$656M

100% of AUM

Avg account

$9.2M

Accounts

Employees

Advisory reps

Firm details

Headquarters: Los Angeles, California
CRD number: 118410
Registered since: May 2, 2002
Custodians: NATIONAL FINANCIAL SERVICES LLC, RBC CAPITAL MARKETS, LLC, WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC
Fee structure: Percentage of AUM, Fixed Fees
Client types: HNWI93.12%
Charitable Organizations6.46%
Pension & Profit Sharing Plans0.41%
Services: Portfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

BMB Advisers LLC is an SEC-registered investment adviser formed as a limited liability company and active since 2002. The firm acts as a capital allocator for a small, high-net-worth client base that includes individuals, families and institutional accounts. Its advisory work centers on discretionary portfolio management for individuals and small businesses, pension consulting and the selection of other advisers. Fee arrangements include both percentage-of-AUM and fixed-fee structures. Investment posture tilts toward fixed income: the firm shows a clear preference for state and local bonds and uses its role as sponsor/manager of pooled vehicles and as a counterparty to place capital into externally managed alternative strategies when appropriate. BMB Advisers is not an active ESG investor and is not registered as a multi-state adviser.