Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
BEAM charges fixed or hourly fees for financial planning, ranging from $600 to $15,000 or $100 to $400 per hour, respectively. Investment management fees vary based on portfolio size, generally ranging from less than 1% to no more than 3% annually. Non-discretionary management fees are less than 1% annually, plus an administrative fee of $50 annually. The minimum account size is $75,000, but can be aggregated among family members. A Minimum Platform Service Fee (MPSF) of $50 annually per advisory account may apply.
Areas of Practice
Advisor Information
Office location
72096 Ramos Avenue, Suite D, Covington, LA, 70433
Get directionsRegulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
David is a producer selling fixed life and health insurance, including life insurance and annuities, dedicating a few hours per week to this activity. He also works as an Investment Advisor Representative for BEAM Wealth Advisors, focusing on asset management and financial planning, which takes about a quarter of his time.