{
  "crd_number": 146936,
  "slug": "benjamin-f-edwards-and-company-incorporated-st-louis-mo-146936",
  "primary_business_name": "BENJAMIN F. EDWARDS & COMPANY, INCORPORATED",
  "legal_name": "BENJAMIN F. EDWARDS & COMPANY, INCORPORATED",
  "dbas": [
    "BENJAMIN F. EDWARDS"
  ],
  "city": "St. Louis",
  "state": "MO",
  "country": "United States",
  "cbsa_code": "41180",
  "metro": {
    "cbsa_code": "41180",
    "common_name": "St. Louis",
    "msa_name": "St. Louis, MO-IL",
    "path": "/advisors/mo/st-louis"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2010-05-06",
  "years_registered": 16,
  "period": "2026-10-01",
  "filing_date": "2026-09-21",
  "carried_forward": false,
  "raum_total": 18915206310.0,
  "raum_discretionary": 12768094847.0,
  "raum_non_discretionary": 6147111463.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 755,
  "advisory_employees": 450,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 690058.0,
      "count": 0,
      "description": "INVESTMENT CLUB",
      "fewer_than_5": true
    },
    "charitable": {
      "raum": 187337009.0,
      "count": 96
    },
    "individuals": {
      "raum": 15548600940.0,
      "count": 32288
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 149684406.0,
      "count": 203
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 2458766402.0,
      "count": 244
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 570127495.0,
      "count": 226
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 8,
  "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://benjaminfedwards.com",
    "https://facebook.com/people/Benjamin-F-Edwards-Co/100040273672567",
    "https://linkedin.com/COMPANY/BENJAMIN-F.-EDWARDS-&-CO",
    "https://twitter.com/GROWWITHBFEC",
    "https://vimeo.com/user143999078",
    "https://youtube.com/USER/BENJAMINFEDWARDS"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/146936",
  "disclosure_items": [
    {
      "item": "11.C(1)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?"
    },
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.D(5)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever denied, suspended, or revoked the registration or license of the firm or an advisory affiliate, prevented either by order from associating with an investment-related business, or restricted either one's activity?"
    },
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    },
    {
      "item": "11.E(4)",
      "question": "Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?"
    }
  ],
  "city_as_filed": "ST. LOUIS",
  "url": "https://advisorcensus.com/firm/benjamin-f-edwards-and-company-incorporated-st-louis-mo-146936",
  "display_name": "Benjamin F. Edwards & Company, Incorporated",
  "summary": "Benjamin F. Edwards & Company, Incorporated is an SEC-registered investment advisory firm in St. Louis, MO, registered since 2010, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 21, 2026.",
  "citation": "AdvisorCensus. Benjamin F. Edwards & Company, Incorporated (CRD 146936): 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)",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Benjamin F. Edwards & Company, Incorporated compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Benjamin F. Edwards & Company, Incorporated reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Benjamin F. Edwards & Company, Incorporated charge?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Hourly rate: $300 an hour (typical financial plan). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Benjamin F. Edwards & Company, Incorporated located?",
      "a": "Benjamin F. Edwards & Company, Incorporated's principal office is in St. Louis, MO, according to its Form ADV; the October 2026 filing also lists 25 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Benjamin F. Edwards & Company, Incorporated registered with the SEC or a state?",
      "a": "Benjamin F. Edwards & Company, Incorporated is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 146936."
    },
    {
      "q": "How much does Benjamin F. Edwards & Company, Incorporated manage?",
      "a": "Benjamin F. Edwards & Company, Incorporated reports $18,915,206,310 in regulatory assets under management in its Form ADV filing dated September 21, 2026 (68% discretionary)."
    },
    {
      "q": "How have Benjamin F. Edwards & Company, Incorporated's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Benjamin F. Edwards & Company, Incorporated: Regulatory assets under management: $9,789,851,960 in the October 2021 data and $18,915,206,310 in the October 2026 data, up 93%. Total employees: 519 in October 2021 and 755 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Benjamin F. Edwards & Company, Incorporated serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (32,288); high net worth individuals (244); corporations or other businesses not listed above (226)."
    },
    {
      "q": "Which custodians does Benjamin F. Edwards & Company, Incorporated use?",
      "a": "Benjamin F. Edwards & Company, Incorporated's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Benjamin F. Edwards & Company, Incorporated report any disciplinary disclosures?",
      "a": "Reports 8 disclosure items on Form ADV Item 11: yes answers to 8 questions about regulatory matters (11.C(1), 11.C(2), 11.C(4), 11.C(5), 11.D(4), 11.D(5), 11.E(2), 11.E(4)). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/146936"
    },
    {
      "q": "What changed in Benjamin F. Edwards & Company, Incorporated's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 436 to 450. Regulatory assets under management went from $15,656,482,908 to $18,915,206,310 (+21%). Added an office in Naples, FL. Added an office in St. Charles, IL. No longer lists an office in Danbury, CT. No longer lists an office in Mentor, OH."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 9789851960.0,
      "total_employees": 519,
      "filing_date": "2021-09-07"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 12398563533.0,
      "total_employees": 649,
      "filing_date": "2022-06-07"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 11262450812.0,
      "total_employees": 702,
      "filing_date": "2023-06-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 13158414504.0,
      "total_employees": 711,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 15656482908.0,
      "total_employees": 736,
      "filing_date": "2025-06-25"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 18915206310.0,
      "total_employees": 755,
      "filing_date": "2026-09-21"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 436 to 450.",
        "Regulatory assets under management went from $15,656,482,908 to $18,915,206,310 (+21%).",
        "Added an office in Naples, FL.",
        "Added an office in St. Charles, IL.",
        "No longer lists an office in Danbury, CT.",
        "No longer lists an office in Mentor, OH."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "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": "$125",
    "planning_fees": [
      "Hourly rate: $300 an hour (typical financial plan)"
    ],
    "figures": [
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $125"
        ],
        "quotes": [
          "Please note, there is a minimum annual fee of $125 that applies to all BFE investment advisory accounts."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $300 an hour (typical financial plan)"
        ],
        "quotes": [
          "For a typical financial plan, individual financial advisors may charge a flat fee as agreed upon by the financial advisor and the client, or an hourly rate of $300."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": 125.0,
      "planning": [
        {
          "kind": "hourly",
          "amount": 300.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "typical financial plan"
        }
      ]
    },
    "quotes": [
      "Please note, there is a minimum annual fee of $125 that applies to all BFE investment advisory accounts.",
      "For a typical financial plan, individual financial advisors may charge a flat fee as agreed upon by the financial advisor and the client, or an hourly rate of $300."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Pershing LLC",
      "name_as_filed": "PERSHING LLC",
      "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/benjamin-f-edwards-and-company-incorporated-st-louis-mo-146936.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 32288,
      "fewer_than_5": false,
      "raum": 15548600940.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 244,
      "fewer_than_5": false,
      "raum": 2458766402.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "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": 203,
      "fewer_than_5": false,
      "raum": 149684406.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 96,
      "fewer_than_5": false,
      "raum": 187337009.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 226,
      "fewer_than_5": false,
      "raum": 570127495.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": true,
      "raum": 690058.0
    }
  ],
  "disclosure_line": "Reports 8 disclosure items on Form ADV Item 11.",
  "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/146936",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}