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%|
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|
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.