BMB Advisers, LLC offers investment advice through direct portfolio management, investing in mutual funds and ETFs based on client risk tolerance. BMB also refers clients to independent third-party investment advisors. BMB creates an investment plan for each client, managing accounts on a discretionary or non-discretionary basis. BMB primarily serves clients in the entertainment industry.
Fee Structure
BMB Advisers offers direct investment management services with fees based on a percentage of the value of your portfolio.
For mutual fund and ETF accounts, the fees are:
- Up to $1,000,000: 1.00% per year
- $1,000,000 to $5,000,000: 0.75% per year
- $5,000,000 to $20,000,000: 0.60% per year
- $20,000,000 to $100,000,000: 0.40% per year
- Over $20,000,000: 0.25% per year
For equity accounts, the fees range from 1.00% to 1.50% for portfolios $1,000,000 and below.
For fixed income accounts, the fees are:
- $20,000,000 and below: 0.40% - 0.60%
- Over $20,000,000: 0.25%
Alternatively, clients may negotiate a fixed annual fee for ongoing portfolio management services, ranging from $4,000 to $500,000. All fees may be negotiable.