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BC Advisors Review

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This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

BC Advisors specializes in portfolio management advisory services for high-net-worth individuals. Located in Mt. Laurel, New Jersey, this firm is a fee-based advisor, meaning that in addition to asset-based fees and fixed fees, the financial advisor also earns its compensation from investment product or insurance commissions. BC Advisors currently has billions in assets under management (AUM). 

BC Advisors Background

Founded in 2005, BC Advisors was established by former owners of The Mid-Atlantic Companies, Ltd., a nationwide full-service financial services frim. Theodore A. Beringer is the principal owner of BC Advisors. 

BC Advisors Client Types and Minimum Account Sizes

BC Advisors serves high-net-worth individuals, pension and profit sharing plans, trusts, estates, corporations, foundations, charitable organizations and other business entities. 

The firm doesn’t have a minimum account size requirement, but it charges clients a minimum annual fee of $50,000. 

Services Offered by BC Advisors

BC Advisors mainly offers portfolio management services, advisor selection services and wrap fee programs, which charge one consolidated fee that covers advisory services, transactions and custodial fees.  

BC Advisors Investment Philosophy 

When analyzing securities and making investment recommendations, BC Advisors primarily uses fundamental analysis, but may also rely on charting analysis and cyclical analysis. The firm’s investment strategies also include long-term purchases, short-term purchases, trading, short sales and option writing. 

When it comes to securities, BC Advisors primarily invests in equity securities, warrants, corporate debt securities, commercial paper, certificates of deposit (CDs), U.S. government securities, municipal securities, investment company securities, partnerships, hedge funds and alternative investments.

BC Advisors Fees

BC Advisors charges investment advisory fees, which are paid quarterly, in arrears, based on the account’s market value on the last business day of the quarter. The firm also charges fees for its wrap accounts, but it doesn’t specify those exact amounts on its brochure. See BC Advisors’ investment advisory fees below:

BC Advisors Investment Advisory Fee Schedule
Amount of assets Annual fee
Up to $50,000,000 0.50%
$50,000,001 - $100,000,000 0.40%
Above $100,000,000 Negotiable

Here's how much you might pay in advisory fees based on the size of your account: 

*Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount. BC Advisor fees listed above include minimum annual fee of $50,000. 
Estimated Investment Management Fees at BC Advisors*
Your Assets BC Advisors Fee Amount
$500K $52,500
$1MM $55,000
$5MM $75,000
$10MM $100,000

What to Watch Out For

BC Advisors doesn’t have any disclosures of legal or regulatory violations on its Form ADV. However, prospective clients should note that advisors can earn commissions from securities or insurance sales. This can create a conflict of interest if advisors favor commissioned products over non-commissioned products that are more suitable to a client’s needs. However, BC Advisors says it mitigates this risk by acting as a fiduciary

It should also be noted that BC Advisors does not offer financial planning. If you're hoping to work with an advisor who does offer financial planning, try using SmartAsset's free matching tool to be paired with three advisors in your area. 

Opening an Account with BC Advisors 

You can set up an appointment with an advisor by visiting the firm’s New Jersey office or by calling the firm at (856) 793-5000.

All information is accurate as of the writing of this article.

Investment Tips for Beginners

  • Our investment calculator can help you determine just how much your investments may earn you over time. You’ll simply need to enter your initial investment amount and monetary amount of additional contributions, your expected rate of return and the number of years you want your investment to grow.
  • Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now. 

How Long $1mm Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research