BEACON FINANCIAL ADVISORY LLC

RIASEC RegisteredEst. 2016
Total AUM
$901M
Discretionary
$901M
100% of AUM
Avg account
$354K
Accounts
2,542
Employees
13
Advisory reps
13

Firm details

Headquarters
CLEVELAND, Ohio
CRD number
174334
Registered since
September 12, 2016
Custodians
CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types
  • HNWI68.34%
  • Individuals28.59%
  • Pension & Profit Sharing Plans3.05%
  • Charitable Organizations0.03%
Services
Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Beacon Financial Advisory LLC is an independent registered investment adviser organized as an LLC and registered with the SEC in 2016. The firm is owner-operated and positions itself as a capital allocator for both individual/family and institutional clients, offering a mix of fee arrangements including a percentage-of-AUM model as well as hourly and fixed-fee engagements. Its reported advisory services include comprehensive financial planning, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. Beacon does not list ESG investing as an active focus. The firm was recognized by Citywire in 2021 as one of its "50 Growers Across America."

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Non-Exchange Traded Equities 32%, Public Funds/Mutual Funds 31%, Exchange Traded Equities 18%, Private Funds 10%, Cash & Cash Equivalents 4%, US Government Bonds 1%, State & Local Bonds 1%, Investment Grade Corp Bonds 1%, Non-Investment Grade Corp Bonds 1%, Other 1%32%
  • Non-Exchange Traded Equities32%
  • Public Funds/Mutual Funds31%
  • Exchange Traded Equities18%
  • Private Funds10%
  • Cash & Cash Equivalents4%

Owners & executives

2 of 2
  • DEBORAH GEORGE

    Chief Operations OfficerCRD 4383646

  • JOSEPH RANDAZZO

    CEO and Managing MemberCRD 2207910

Contacts

3 of 11
  • SUSAN WANAMAKER

    Financial AdvisorCRD 1084399

  • PHILIP O'TOOLE

    Financial AdvisorCRD 4039027

  • RAYMOND TROPP

    Financial Advisor and Registered RepresentativeCRD 2645867

Unlock 8 more contacts

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 311

Active vs passive

$393M in ETFs

Passive

45%

$176M

Active

46%

$218M

ETFProviderStyleCategoryValueShares% of portfolio
JPMORGAN EQUITY PREMIUM INCOME ETF (JEPI)JP MorganActiveDerivative Income$20M352,9545.09%

Location

Primary office

CLEVELAND, OH

CUYAHOGA

Location

CLEVELAND, OH

Headquartered in CLEVELAND, OH, anchoring the Cleveland-Akron-Canton, OH metro in the Midwest.

Metro area
Cleveland-Akron-Canton, OH
Region
Midwest
County
CUYAHOGA
Address
25825 Science Park Dr
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth