{
  "crd_number": 281716,
  "slug": "bg-investment-services-llc-hagatna-281716",
  "primary_business_name": "BG INVESTMENT SERVICES, LLC",
  "legal_name": "BG INVESTMENT SERVICES, LLC",
  "dbas": [],
  "city": "Hagatna",
  "state": null,
  "country": "Guam",
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2015-11-20",
  "years_registered": 10,
  "period": "2026-10-01",
  "filing_date": "2026-07-15",
  "carried_forward": false,
  "raum_total": 868461096.0,
  "raum_discretionary": 849998100.0,
  "raum_non_discretionary": 18462996.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 7,
  "advisory_employees": 5,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 14246159.0,
      "count": 6
    },
    "individuals": {
      "raum": 118539693.0,
      "count": 594
    },
    "banking_thrift": {
      "raum": 41452892.0,
      "count": 2
    },
    "state_municipal": {
      "raum": 66040607.0,
      "count": 10
    },
    "insurance_companies": {
      "raum": 3865592.0,
      "count": 2,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 243834856.0,
      "count": 62
    },
    "corporations_other_businesses": {
      "raum": 380481297.0,
      "count": 46
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "HI",
    "MA",
    "TX",
    "WA"
  ],
  "websites": [
    "https://asctrust.com/services/bgis"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/281716",
  "city_as_filed": "HAGATNA",
  "url": "https://advisorcensus.com/firm/bg-investment-services-llc-hagatna-281716",
  "display_name": "BG Investment Services, LLC",
  "summary": "BG Investment Services, LLC is an SEC-registered investment advisory firm in Hagatna, Guam, registered since 2015, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 15, 2026.",
  "citation": "AdvisorCensus. BG Investment Services, LLC (CRD 281716): 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",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is BG Investment Services, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), BG Investment Services, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does BG Investment Services, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated January 22, 2026 states: Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is BG Investment Services, LLC located?",
      "a": "BG Investment Services, LLC's principal office is in Hagatna, Guam, according to its Form ADV."
    },
    {
      "q": "Is BG Investment Services, LLC registered with the SEC or a state?",
      "a": "BG Investment Services, LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 281716."
    },
    {
      "q": "How much does BG Investment Services, LLC manage?",
      "a": "BG Investment Services, LLC reports $868,461,096 in regulatory assets under management in its Form ADV filing dated July 15, 2026 (98% discretionary)."
    },
    {
      "q": "How have BG Investment Services, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for BG Investment Services, LLC: Regulatory assets under management: $119,054,802 in the October 2021 data and $868,461,096 in the October 2026 data, up 629%. Total employees: 6 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does BG Investment Services, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (594); high net worth individuals (62); corporations or other businesses not listed above (46)."
    },
    {
      "q": "Which custodians does BG Investment Services, LLC use?",
      "a": "BG Investment Services, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Bank of Guam (affiliated with the firm) and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does BG Investment Services, LLC 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/281716"
    },
    {
      "q": "What changed in BG Investment Services, LLC's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Registered or notice-filed in MA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 119054802.0,
      "total_employees": 6,
      "filing_date": "2021-07-13"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 133730069.0,
      "total_employees": 6,
      "filing_date": "2022-05-09"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 132074104.0,
      "total_employees": 6,
      "filing_date": "2023-04-24"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 186175471.0,
      "total_employees": 9,
      "filing_date": "2024-04-10"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 439937545.0,
      "total_employees": 5,
      "filing_date": "2025-06-10"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 868461096.0,
      "total_employees": 7,
      "filing_date": "2026-07-15"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Registered or notice-filed in MA."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Regulatory assets under management went from $439,937,545 to $868,461,096 (+97%).",
        "Employees performing advisory functions went from 2 to 5.",
        "Changed its legal name from BG Investment Services, Inc. to BG Investment Services, LLC.",
        "Reported a succession: took over the business of BG Investment Services, Inc. (CRD 281716) on January 1, 2026.",
        "Registered or notice-filed in HI, WA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated January 22, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "1.5% of assets a year",
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "Our firm’s maximum annual fee for this service will not exceed 1.50%. Our annualized fees are billed on a pro-rata basis quarterly in advance based on the value of the account(s) on the last day of the previous quarter."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 1.5,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Our firm’s maximum annual fee for this service will not exceed 1.50%. Our annualized fees are billed on a pro-rata basis quarterly in advance based on the value of the account(s) on the last day of the previous quarter."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Bank of Guam",
      "name_as_filed": "BANK OF GUAM",
      "affiliated": true
    },
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES 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/bg-investment-services-llc-hagatna-281716.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 594,
      "fewer_than_5": false,
      "raum": 118539693.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 62,
      "fewer_than_5": false,
      "raum": 243834856.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 2,
      "fewer_than_5": false,
      "raum": 41452892.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 6,
      "fewer_than_5": false,
      "raum": 14246159.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 10,
      "fewer_than_5": false,
      "raum": 66040607.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 2,
      "fewer_than_5": true,
      "raum": 3865592.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 46,
      "fewer_than_5": false,
      "raum": 380481297.0
    }
  ],
  "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/281716",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}