# BDC Investment Advisors, LLC

> BDC Investment Advisors, LLC is a state-registered investment advisory firm, registered since 2008, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 10, 2026.

- CRD: 147627
- Filed as: BDC INVESTMENT ADVISORS, LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Registered in California
- Filing period: October 2026
- Form ADV filing dated: March 10, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/147627
- AdvisorCensus page: https://advisorcensus.com/firm/bdc-investment-advisors-llc-147627

## Quick answers

**How is BDC Investment Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), BDC Investment Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is BDC Investment Advisors, LLC registered with the SEC or a state?**
BDC Investment Advisors, LLC is a state-registered investment advisory firm, registered since 2008. Status as filed: APPROVED. CRD 147627.

**How much does BDC Investment Advisors, LLC manage?**
BDC Investment Advisors, LLC reports $7,303,828 in regulatory assets under management in its Form ADV filing dated March 10, 2026 (100% discretionary).

**What types of clients does BDC Investment Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1).

**Does BDC Investment Advisors, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/147627

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $7,303,828
- Discretionary: $7,303,828
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $7,303,828 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2008 (17 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- bdcia.com
- bdcreporter.com
- LinkedIn @nicholas-marshi-74398812
- LinkedIn @william-hansen-7268b919

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. BDC Investment Advisors, LLC (CRD 147627): Form ADV filing data as of October 2026.