Blackridge Asset Management, LLC
Assets Under Management
$196.8M
Number of Clients
687
Number of Advisors
67
Average Client AUM
$287K
AUM per Advisor
$2.9M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Blackridge Asset Management LLC (BAM) offers a variety of advisory programs and services, including personalized financial planning, asset management, and related consulting. They utilize third-party money manager models and can create and manage models on behalf of clients. BAM is primarily a fee-only firm, but some IARs may receive commission-based compensation from broker/dealers.
Fee Structure
IARs are compensated by charging an advisory fee or a combination of advisory and promotion fees, disclosed as a percentage of assets under management, subject to a stated maximum. Fees are deducted quarterly in advance, based on the average daily balance from the previous quarter. Inter-quarter deposits or withdrawals of $10,000 or more will be prorated. The level of the fee will vary with the amount of assets under management and the investment options chosen. The brochure mentions a minimum account fee may be applied to smaller accounts, but does not specify the amount.
Areas of Practice
Location
1070 E. Indiantown Road, Suite 208-210, Jupiter, FL, 33477