{
  "crd_number": 226547,
  "slug": "beacon-trust-morristown-nj-226547",
  "primary_business_name": "BEACON TRUST",
  "legal_name": "BEACON INVESTMENT ADVISORY SERVICES, INC.",
  "dbas": [
    "BEACON TRUST"
  ],
  "city": "Morristown",
  "state": "NJ",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2015-04-01",
  "years_registered": 11,
  "period": "2026-10-01",
  "filing_date": "2026-07-27",
  "carried_forward": false,
  "raum_total": 4442205744.0,
  "raum_discretionary": 4256850943.0,
  "raum_non_discretionary": 185354801.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 51,
  "advisory_employees": 43,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 40821608.0,
      "count": 41
    },
    "individuals": {
      "raum": 893644753.0,
      "count": 823
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "investment_companies": {
      "raum": 2450168.0,
      "count": 3
    },
    "pension_profit_sharing": {
      "raum": 46474421.0,
      "count": 10
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 3244461555.0,
      "count": 2007
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 214353239.0,
      "count": 55
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "PR",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VI",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://beacontrust.com",
    "https://linkedin.com/company/beacon-trust"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/226547",
  "city_as_filed": "MORRISTOWN",
  "url": "https://advisorcensus.com/firm/beacon-trust-morristown-nj-226547",
  "display_name": "Beacon Trust",
  "summary": "Beacon Trust is an SEC-registered investment advisory firm in Morristown, NJ, registered since 2015, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 27, 2026.",
  "citation": "AdvisorCensus. Beacon Trust (CRD 226547): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Beacon Trust compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Beacon Trust reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Beacon Trust located?",
      "a": "Beacon Trust's principal office is in Morristown, NJ, according to its Form ADV; the August 2026 filing also lists 4 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Beacon Trust registered with the SEC or a state?",
      "a": "Beacon Trust is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 226547."
    },
    {
      "q": "How much does Beacon Trust manage?",
      "a": "Beacon Trust reports $4,442,205,744 in regulatory assets under management in its Form ADV filing dated July 27, 2026 (96% discretionary)."
    },
    {
      "q": "How have Beacon Trust's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Beacon Trust: Regulatory assets under management: $3,705,000,000 in the October 2021 data and $4,442,205,744 in the October 2026 data, up 20%. Total employees: 45 in October 2021 and 51 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Beacon Trust serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (2,007); individuals (other than high net worth individuals) (823); corporations or other businesses not listed above (55)."
    },
    {
      "q": "Does Beacon Trust report any disciplinary disclosures?",
      "a": "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/226547"
    },
    {
      "q": "Does Beacon Trust state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 30, 2026 says: \"As a condition for starting and maintaining a relationship, Beacon Trust generally imposes a minimum portfolio size of $500,000.\" \"Beacon Trust, in its sole discretion, may accept clients with smaller portfolios based upon certain criteria including anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be managed, related accounts, account composition, pre-existence of a relationship, account retention, and pro bono activities.\""
    },
    {
      "q": "What changed in Beacon Trust's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Added an office in Astoria, NY. No longer lists an office in New York, NY."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 3705000000.0,
      "total_employees": 45,
      "filing_date": "2021-03-25"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 4093000000.0,
      "total_employees": 45,
      "filing_date": "2022-07-14"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 3459000000.0,
      "total_employees": 48,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 4018244995.0,
      "total_employees": 45,
      "filing_date": "2024-06-07"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 4352787884.0,
      "total_employees": 46,
      "filing_date": "2025-03-29"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 4442205744.0,
      "total_employees": 51,
      "filing_date": "2026-07-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Added an office in Astoria, NY.",
        "No longer lists an office in New York, NY."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 38 to 43.",
        "Registered or notice-filed in AK, AL, AZ, DC, DE, HI, IA, ID, IN, KS, KY, MN, MO, MS, MT, ND, OK, OR, PR, RI, SD, TN, UT, VI, WA, WV, WY.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Added an office in Plymouth Meeting, PA.",
        "Added an office in Roslyn, NY."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 30, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$500,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": "$5,000",
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $500,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "As a condition for starting and maintaining a relationship, Beacon Trust generally imposes a minimum portfolio size of $500,000.",
          "Beacon Trust, in its sole discretion, may accept clients with smaller portfolios based upon certain criteria including anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be managed, related accounts, account composition, pre-existence of a relationship, account retention, and pro bono activities."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $5,000"
        ],
        "quotes": [
          "When Beacon Trust does waive its minimum portfolio size, the firm generally imposes a minimum annual fee of $5,000.",
          "Beacon Trust, in its sole discretion, may waive its minimum annual fee based upon certain criteria including anticipated future earning capacity, anticipated future additional assets, account composition, related accounts, and pre-existing client relationships."
        ]
      }
    ],
    "quotes": [
      "As a condition for starting and maintaining a relationship, Beacon Trust generally imposes a minimum portfolio size of $500,000.",
      "Beacon Trust, in its sole discretion, may accept clients with smaller portfolios based upon certain criteria including anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be managed, related accounts, account composition, pre-existence of a relationship, account retention, and pro bono activities.",
      "When Beacon Trust does waive its minimum portfolio size, the firm generally imposes a minimum annual fee of $5,000.",
      "Beacon Trust, in its sole discretion, may waive its minimum annual fee based upon certain criteria including anticipated future earning capacity, anticipated future additional assets, account composition, related accounts, and pre-existing client relationships."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/beacon-trust-morristown-nj-226547.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 823,
      "fewer_than_5": false,
      "raum": 893644753.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 2007,
      "fewer_than_5": false,
      "raum": 3244461555.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 3,
      "fewer_than_5": false,
      "raum": 2450168.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 10,
      "fewer_than_5": false,
      "raum": 46474421.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 41,
      "fewer_than_5": false,
      "raum": 40821608.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 55,
      "fewer_than_5": false,
      "raum": 214353239.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/226547",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}