AdvisorCensus / Financial advisors / Florida / Miami / Bassam Wealth Management, LLC
Bassam Wealth Management, LLC is an SEC-registered investment advisory firm in Palm Beach, FL, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 4, 2026.
Quick answers
From the filingHow is Bassam Wealth Management, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Bassam Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management.
What does Bassam Wealth Management, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated March 4, 2026 states: Up to $1,000,000: 2% a year; $1,000,001 to $5,000,000: 1.5% a year; $5,000,001 to $10,000,000: 1.25% a year; $10,000,001 to $25,000,000: 1% a year; Above $25,000,000: see the brochure. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Bassam Wealth Management, LLC located?
Bassam Wealth Management, LLC's principal office is in Palm Beach, FL, according to its Form ADV.
Is Bassam Wealth Management, LLC registered with the SEC or a state?
Bassam Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 330695.
How much does Bassam Wealth Management, LLC manage?
Bassam Wealth Management, LLC reports $240,970,936 in regulatory assets under management in its Form ADV filing dated March 4, 2026 (49% discretionary).
How have Bassam Wealth Management, LLC's assets and staff changed since 2024?
In the Form ADV data for Bassam Wealth Management, LLC: Regulatory assets under management: $192,203,129 in the October 2024 data and $240,970,936 in the October 2026 data, up 25%. Total employees: 2 in October 2024 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Bassam Wealth Management, LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (24).
Which custodians does Bassam Wealth Management, LLC use?
Bassam Wealth Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Blackstone Securities Partners L.P., Fidelity Brokerage Services LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated as custodians holding 10% or more of its separately managed account assets.
Does Bassam Wealth Management, LLC report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/330695
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $1,000,000 | 2% |
| $1,000,001 to $5,000,000 | 1.5% |
| $5,000,001 to $10,000,000 | 1.25% |
| $10,000,001 to $25,000,000 | 1% |
| Above $25,000,000 | See the brochure |
The brochure's wording
Wealth management fees are based on the following schedule: Assets Under Management ($) Annual Rate (%) Up to $1,000,000 2.00% $1,000,001 to $5,000,000 1.50% $5,000,001 to $10,000,000 1.25% $10,000,001 to $25,000,000 1.00% $25,000,001 and above Negotiated
Minimum annual fee: $10,000
The brochure's wording
*Minimum annual fee of $10,000
BWM generally requires a minimum annual fee of $10,000 to effectively implement its wealth management services.
As stated in the firm's Form ADV Part 2A brochure dated March 4, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$240,970,936 as of October 2026, filing dated March 4, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2024 (2 years)
- Employees
- Total: 3. Performing investment advisory functions: 1.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.
- States registered or notice-filed
-
3 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $240,970,936 | 3 | March 4, 2026 |
| October 2025 | $221,848,004 | 3 | March 20, 2025 |
| October 2024 | $192,203,129 | 2 | September 19, 2024 |
Regulatory assets under management: $192,203,129 in the October 2024 data and $240,970,936 in the October 2026 data, up 25%.
Total employees: 2 in October 2024 and 3 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 monthsNo changes to these filed facts in the last 12 months of filing data.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Bassam Wealth Management, LLC (CRD 330695): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/bassam-wealth-management-llc-palm-beach-fl-330695