Bernardi Asset Management, LLC
Assets Under Management
$339.9M
Number of Clients
75
Number of Advisors
12
Average Client AUM
$4.5M
AUM per Advisor
$28.3M
Compensation
Fee-Only (AUM)
About This Firm
Bernardi Asset Management, LLC (BAM) offers fixed-income management with a specialization in municipal bonds for taxable and tax-free accounts. They also offer an Asset Allocation Program with varying proportions of fixed income, equity, and alternative investments. BAM manages assets on a discretionary basis and offers sub-advisory services to registered investment advisers.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $2.0M | 0.40% |
| $2.0M - $5.0M | 0.35% |
| $5.0M - $10.0M | 0.30% |
| $10.0M - $15.0M | 0.25% |
| $15M+ | 0.20% |
Fees are negotiable under certain circumstances.
Fee Estimator
BAM charges an annual fee based on the market value of your portfolio. The fee is 0.40% on the first $2 million, 0.35% on the next $2-5 million, 0.30% on $5-10 million, 0.25% on $10-15 million, and 0.20% on amounts above $15 million. The Asset Allocation Platform fee is 0.40% on all assets. Fees are negotiable under certain circumstances, such as long-term relationships or for charitable organizations. There is a $250,000 minimum account size, but this is negotiable. Additional fees may be charged by the clearing broker dealer and/or account custodian.
Areas of Practice
Location
423 Central Avenue, Northfield, IL, 60093