Bmb Advisers LLC (Los Angeles)


Bmb Advisers LLC is a large advisory firm based in Los Angeles. It manages $328.17 million of regulatory assets for 50 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdiction of California.

Bmb Advisers provides portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Bmb Advisers: assets under management

The assets under management (AUM) of Bmb Advisers LLC is $328.17 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 250% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $328.17 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $6.56 million each.

Investments

The firm invests in state and local bonds the most. They account for 61% of the total AUM. The second-largest asset type is investment and business development companies, which make up 24% of the firm’s portfolio. Investments in government bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bmb Advisers LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bmb Advisers serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Bmb Advisers is high net worth individuals with 26 clients and $311.26 million of assets under management. Among the 8 most similar advisory firms, Bmb Advisers has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $313.1 million for 32 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Bmb Advisers doesn't advise any private funds.

Careers at Bmb Advisers LLC

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
William Charles Broder Managing member 1 Mar 1999 50% - 75% 4516987
Debra Joan Bonseigneur Member 1 Mar 1999 Other 4516988
Stephen Michalski Member/chief compliance officer 1 Mar 1999 Other 4516989

Based in Los Angeles

The principal office where Bmb Advisers LLC performs its advisory services is located at 11100 Santa Monica Blvd., Los Angeles, CA 90025, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-734-1234 or by fax 310-734-1230. The normal business hours are 9am to 5:30pm on Monday - Friday.