Beam Wealth Advisors, INC.
Assets Under Management
$1.3B
Number of Clients
2,151
Number of Advisors
29
Average Client AUM
$611K
AUM per Advisor
$45.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
BEAM provides personal, comprehensive financial planning and investment management services. They manage client investment portfolios on a discretionary basis, allocating assets among various mutual funds, ETFs, individual debt and equity securities, options, and independent investment managers. They also offer non-discretionary management services and retirement plan consulting.
Fee Structure
BEAM charges fees based on assets under management, fixed fees, and hourly fees. Financial planning fees range from $600 to $15,000 on a fixed basis or $100 to $400 hourly. Investment management fees vary depending on portfolio size, generally ranging from less than 1% to no more than 3% annually. There is a minimum platform service fee of $50 annually per advisory account for accounts billed through the Orion platform. Fees may be negotiable based on various criteria.
Areas of Practice
Location
72096 Ramos Avenue, Suite D, Covington, LA, 70433