Banorte Asset Management, operating as Banorte Wealth Advisors, offers continuous asset management through BAM Traditional and BAM Digital programs. BAM Traditional provides customized portfolio management on both discretionary and non-discretionary bases, using various investment strategies and asset classes. BAM Digital is a fully digital investment advisory platform managed by a third-party sub-adviser, BCP Global. Banorte may recommend bonds issued by its parent company in Mexico, creating a potential conflict of interest.
Fee Structure
Banorte Wealth Advisors charges annual fees based on the value of your portfolio. The fee structure varies depending on the type of advisory agreement.
For BAM Traditional accounts, fees are charged on a tiered schedule, but a flat fee percentage may be available with management approval. For BAM Digital, fees are also charged on a tiered schedule.
All accounts are structured as wrap fee accounts, ensuring the lowest available cost structure for mutual fund investments.