Beam Wealth Advisors, Inc.

RIASEC Registered

Total AUM

$1.6B

Discretionary

$1.6B

98% of AUM

Avg account

$301K

Accounts

5,324

Employees

Advisory reps

Firm details

Headquarters: Covington, Louisiana
CRD number: 109867
Registered since: June 22, 2001
Website: www.beamwealth.com
Custodians: NATIONAL FINANCIAL SERVICES LLC, RAYMOND JAMES & ASSOCIATES, INC., CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI55.61%
Individuals30.59%
Pension & Profit Sharing Plans12.64%
Corporations / Businesses1.15%
Charitable Organizations0.02%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersMarket Timing ServicesEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Beam Wealth Advisors, Inc. is an independent registered investment adviser organized as a corporation and owned by an individual. The firm is SEC registered (2001) and positions itself as a capital allocator serving both individual/family and institutional clients. Its service mix includes financial planning, portfolio management for individuals, small businesses and institutions, selection of other advisers, pension consulting services, market timing, and educational seminars/workshops. Billing arrangements encompass percentage-of-AUM fees as well as hourly and fixed-fee engagements. The firm does not identify as an active ESG investor.