Bear Nolan LLC is a registered investment advisor based in Los Angeles, California, founded by Jared Nolan. Rather than managing investment portfolios directly, Bear Nolan specializes in referring clients to third-party money managers, such as Rockefeller Capital Management. When clients are directed to these outside managers, Bear Nolan earns a share of the advisory fees charged by the third-party manager. Bear Nolan provides its services primarily to high-net-worth individuals and corporate entities. The firm does not manage portfolios directly, trade securities, take custody of client funds, or make discretionary investment decisions. Clients maintain their accounts with independent custodians and receive ongoing portfolio reviews and statements directly from the third-party managers and custodians.
Fee Structure
Bear Nolan does not directly manage your investment portfolio. Instead, the firm refers you to third-party investment managers, such as Rockefeller Capital Management. Rather than charging you a direct fee, Bear Nolan receives a portion of the advisory fee that the third-party manager charges you. For example, when referring clients to Rockefeller Capital Management, Bear Nolan receives 20% of the advisory fee collected by that manager. These fee-sharing arrangements are negotiable. You are also responsible for any separate third-party fees, such as custodian fees, brokerage commissions, or mutual fund expenses.