BERNARD WEALTH MANAGEMENT CORP.

RIASEC RegisteredEst. 2020
Total AUM
$314M
Discretionary
$293M
93% of AUM
Avg account
$371K
Accounts
848
Employees
4
Advisory reps
3

Firm details

Headquarters
ROYAL OAK, Michigan
CRD number
159533
Registered since
July 24, 2020
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI71.37%
  • Individuals21.24%
  • Pension & Profit Sharing Plans6.71%
  • Charitable Organizations0.68%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Bernard Wealth Management Corp. is an independent, SEC-registered advisory firm that began registration in 2020 and is owned by an individual principal. The firm serves both individual and family clients as well as institutional/business accounts, providing financial planning and discretionary portfolio management for individuals, small businesses, and institutions. Its fee arrangements include asset-based fees alongside hourly and fixed-fee engagements. The firm does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 53%, Exchange Traded Equities 44%, State & Local Bonds 2%, Cash & Cash Equivalents 1%53%
  • Public Funds/Mutual Funds53%
  • Exchange Traded Equities44%
  • State & Local Bonds2%
  • Cash & Cash Equivalents1%

Contacts

3 of 3
  • Andrew Niedermeier

    Wealth AdvisorCRD 3008502

  • KENNETH BERNARD

    PresidentCRD 4713729

  • DEANNA HARLESS

    Director of Financial PlanningCRD 5321682

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 173

Active vs passive

$104M in ETFs

Passive

97%

$101M

Active

3%

$2.7M

ETFProviderStyleCategoryValueShares% of portfolio
SCHWAB US LARGE-CAP ETF (SCHX)SchwabPassiveLarge Blend$33.4M1,303,39732.25%

Location

Primary office

ROYAL OAK, MI

OAKLAND

Location

ROYAL OAK, MI

Headquartered in ROYAL OAK, MI, anchoring the Detroit-Warren-Ann Arbor, MI metro in the Midwest.

Metro area
Detroit-Warren-Ann Arbor, MI
Region
Midwest
County
OAKLAND
Address
360 N Main St
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth