{
  "crd_number": 109867,
  "slug": "beam-wealth-advisors-inc-covington-la-109867",
  "primary_business_name": "BEAM WEALTH ADVISORS, INC.",
  "legal_name": "BEAM WEALTH ADVISORS, INC.",
  "dbas": [
    "BENEDETTI, GUCER & ASSOCIATES",
    "BGA 401K",
    "BGA WEALTH",
    "DAVIS FINANCIAL",
    "FINESTPLAN LC",
    "JDS WEALTH STRATEGIES",
    "MOUNTAIN WEST WEALTH",
    "OBAN WEALTH MANAGEMENT LLC",
    "ROGERS AND ROGERS"
  ],
  "city": "Covington",
  "state": "LA",
  "country": "United States",
  "cbsa_code": "43640",
  "metro": {
    "cbsa_code": "43640",
    "common_name": "Slidell",
    "msa_name": "Slidell-Mandeville-Covington, LA",
    "path": "/advisors/la/slidell"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2001-06-22",
  "years_registered": 25,
  "period": "2026-10-01",
  "filing_date": "2026-08-13",
  "carried_forward": false,
  "raum_total": 1600547274.0,
  "raum_discretionary": 1562007054.0,
  "raum_non_discretionary": 38540220.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 27,
  "advisory_employees": 27,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 242296.0,
      "count": 1,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 489631447.0,
      "count": 1762
    },
    "pension_profit_sharing": {
      "raum": 202245873.0,
      "count": 40
    },
    "high_net_worth_individuals": {
      "raum": 890061545.0,
      "count": 445
    },
    "corporations_other_businesses": {
      "raum": 18366113.0,
      "count": 10
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "market_timing",
    "other",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DE",
    "FL",
    "GA",
    "ID",
    "IL",
    "IN",
    "LA",
    "MA",
    "MD",
    "ME",
    "MN",
    "MO",
    "MS",
    "NC",
    "NH",
    "NJ",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "SC",
    "TN",
    "TX",
    "UT",
    "VA",
    "WA",
    "WY"
  ],
  "websites": [
    "https://beamwealth.com",
    "https://bgawealth.com",
    "https://facebook.com/BEAMwealth",
    "https://facebook.com/BGAwealth",
    "https://instagram.com/beam_wealth_advisors",
    "https://linkedin.com/company/beamwealthadvisors",
    "https://linkedin.com/company/benedetti-gucer-associates",
    "https://twitter.com/bga_wealth",
    "https://youtube.com/@MapYourMoney",
    "https://youtube.com/@beam_bga_wealth",
    "https://youtube.com/@beamwealthadvisorsinc.8145"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/109867",
  "city_as_filed": "COVINGTON",
  "url": "https://advisorcensus.com/firm/beam-wealth-advisors-inc-covington-la-109867",
  "display_name": "Beam Wealth Advisors, Inc.",
  "summary": "Beam Wealth Advisors, Inc. is an SEC-registered investment advisory firm in Covington, LA, registered since 2001, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated August 13, 2026.",
  "citation": "AdvisorCensus. Beam Wealth Advisors, Inc. (CRD 109867): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)",
    "Market timing services",
    "Educational seminars/workshops",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Beam Wealth Advisors, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Beam Wealth Advisors, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Beam Wealth Advisors, Inc. charge?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Flat fee: $600 to $15,000 (financial planning and consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Beam Wealth Advisors, Inc. located?",
      "a": "Beam Wealth Advisors, Inc.'s principal office is in Covington, LA, according to its Form ADV; the September 2026 filing also lists 10 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Beam Wealth Advisors, Inc. registered with the SEC or a state?",
      "a": "Beam Wealth Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 109867."
    },
    {
      "q": "How much does Beam Wealth Advisors, Inc. manage?",
      "a": "Beam Wealth Advisors, Inc. reports $1,600,547,274 in regulatory assets under management in its Form ADV filing dated August 13, 2026 (98% discretionary)."
    },
    {
      "q": "How have Beam Wealth Advisors, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Beam Wealth Advisors, Inc.: Regulatory assets under management: $599,880,953 in the October 2021 data and $1,600,547,274 in the October 2026 data, up 167%. Total employees: 24 in October 2021 and 27 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Beam Wealth Advisors, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,762); high net worth individuals (445); pension and profit sharing plans (but not the plan participants or government pension plans) (40)."
    },
    {
      "q": "Which custodians does Beam Wealth Advisors, Inc. use?",
      "a": "Beam Wealth Advisors, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., National Financial Services LLC and Raymond James & Associates, Inc. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Beam Wealth Advisors, Inc. 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/109867"
    },
    {
      "q": "What changed in Beam Wealth Advisors, Inc.'s recent Form ADV filings?",
      "a": "In the May 2026 filing data: No longer lists an office in St. Paul, MN."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 599880953.0,
      "total_employees": 24,
      "filing_date": "2021-03-24"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 505813674.0,
      "total_employees": 19,
      "filing_date": "2022-07-01"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 499240343.0,
      "total_employees": 18,
      "filing_date": "2023-06-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 577438797.0,
      "total_employees": 17,
      "filing_date": "2024-09-25"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1314316357.0,
      "total_employees": 17,
      "filing_date": "2025-06-05"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1600547274.0,
      "total_employees": 27,
      "filing_date": "2026-08-13"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "No longer lists an office in St. Paul, MN."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 17 to 27.",
        "Regulatory assets under management went from $1,314,316,357 to $1,600,547,274 (+22%).",
        "Added an office in St. Paul, MN.",
        "Registered or notice-filed in MN.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $600 to $15,000 (financial planning and consulting services)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $600 to $15,000 (financial planning and consulting services)"
        ],
        "quotes": [
          "These fees are negotiable but generally range from $600 to $15,000 on a fixed fee basis and/or from $100 to $400 on an hourly basis, depending upon the scope and complexity of the services provided."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 600.0,
          "max": 15000.0,
          "period": "one_time",
          "service": "financial planning and consulting services"
        }
      ]
    },
    "quotes": [
      "These fees are negotiable but generally range from $600 to $15,000 on a fixed fee basis and/or from $100 to $400 on an hourly basis, depending upon the scope and complexity of the services provided."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "affiliated": false
    },
    {
      "name": "Raymond James & Associates, Inc.",
      "name_as_filed": "RAYMOND JAMES & ASSOCIATES, INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/beam-wealth-advisors-inc-covington-la-109867.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1762,
      "fewer_than_5": false,
      "raum": 489631447.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 445,
      "fewer_than_5": false,
      "raum": 890061545.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 40,
      "fewer_than_5": false,
      "raum": 202245873.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": true,
      "raum": 242296.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 10,
      "fewer_than_5": false,
      "raum": 18366113.0
    }
  ],
  "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/109867",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}