# Berman McAleer

> Berman McAleer is an SEC-registered investment advisory firm in Timonium, MD, registered since 2025, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 28, 2026.

- CRD: 332906
- Filed as: BERMAN MCALEER
- Legal name: Berman McAleer, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Timonium, MD
- Filing period: October 2026
- Form ADV filing dated: September 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/332906
- AdvisorCensus page: https://advisorcensus.com/firm/berman-mcaleer-timonium-md-332906

## Quick answers

**How is Berman McAleer compensated?**
On its Form ADV (Item 5.E, October 2026), Berman McAleer reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Berman McAleer charge?**
Its Form ADV Part 2A brochure dated March 3, 2026 states: Flat fee: $3,500 to $15,000 (initial financial planning and/or consulting services); Hourly rate: $450 to $700 an hour (financial planning services outside the normal scope). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Berman McAleer located?**
Berman McAleer's principal office is in Timonium, MD, according to its Form ADV; the October 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Berman McAleer registered with the SEC or a state?**
Berman McAleer is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 332906.

**How much does Berman McAleer manage?**
Berman McAleer reports $1,821,801,181 in regulatory assets under management in its Form ADV filing dated September 28, 2026 (100% discretionary).

**How have Berman McAleer's assets and staff changed since 2025?**
In the Form ADV data for Berman McAleer: Regulatory assets under management: $1,603,884,479 in the October 2025 data and $1,821,801,181 in the October 2026 data, up 14%. Total employees: 29 in October 2025 and 29 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Berman McAleer serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (382); individuals (other than high net worth individuals) (264); corporations or other businesses not listed above (3).

**Which custodians does Berman McAleer use?**
Berman McAleer's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Berman McAleer 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/332906

**Does Berman McAleer state an account minimum?**
Its Form ADV Part 2A brochure dated March 3, 2026 says: "The minimum relationship opening balance is $1,500,000, which may be negotiable at the discretion of the Firm."

**What changed in Berman McAleer's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $1,603,884,479 to $1,821,801,181 (+14%). Registered or notice-filed in NH. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 3, 2026)

- Account minimum: $1,500,000 (the brochure says it may be waived or negotiated)

> The minimum relationship opening balance is $1,500,000, which may be negotiable at the discretion of the Firm.

- Flat fee: $3,500 to $15,000 (initial financial planning and/or consulting services)

> BMc charges new clients a flat fee for initial financial planning and/or consulting services, ranging from $3,500 to $15,000.

- Hourly rate: $450 to $700 an hour (financial planning services outside the normal scope)

> If a client engages BMc for financial planning services outside the normal scope, the services will be provided on an hourly basis ranging from $450 to $700 per hour.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $1,821,801,181
- Discretionary: $1,821,801,181
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 264 | $106,075,377 |
| High net worth individuals | 382 | $1,632,118,265 |
| Corporations or other businesses not listed above | 3 | $83,607,539 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2025 (1 year)
- Employees: 29 total, 14 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, DE, FL, GA, LA, MA, MD, NC, NH, NJ, NY, PA, SC, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the October 2026 filing
- Boca Raton, FL
- New York, NY

### Websites listed on Form ADV (Item 1.I)
- bmcplanning.com
- LinkedIn @bermanmcaleerllc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $1,603,884,479 | 29 | June 4, 2025 |
| October 2026 | $1,821,801,181 | 29 | September 28, 2026 |

Regulatory assets under management: $1,603,884,479 in the October 2025 data and $1,821,801,181 in the October 2026 data, up 14%.
Total employees: 29 in October 2025 and 29 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $1,603,884,479 to $1,821,801,181 (+14%).
- Registered or notice-filed in NH.
- Updated its list of owners and control persons (Schedule A).

### November 2025
- Added an office in Boca Raton, FL.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Berman McAleer (CRD 332906): Form ADV filing data as of October 2026.