{ "crd_number": 139096, "slug": "blbb-advisors-montgomeryville-pa-139096", "primary_business_name": "BLBB ADVISORS", "legal_name": "BLB & B ADVISORS, LLC", "dbas": [], "city": "Montgomeryville", "state": "PA", "country": "United States", "cbsa_code": "37980", "metro": { "cbsa_code": "37980", "common_name": "Philadelphia", "msa_name": "Philadelphia-Camden-Wilmington, PA-NJ-DE-MD", "path": "/advisors/pa/philadelphia" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2006-03-08", "years_registered": 20, "period": "2026-10-01", "filing_date": "2026-09-01", "carried_forward": false, "raum_total": 3255397467.0, "raum_discretionary": 3207347520.0, "raum_non_discretionary": 48049947.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 32, "advisory_employees": 12, "client_count_bucket": null, "clients_by_type": { "charitable": { "raum": 242642766.0, "count": 42 }, "individuals": { "raum": 260997632.0, "count": 842 }, "pension_profit_sharing": { "raum": 222379713.0, "count": 55 }, "high_net_worth_individuals": { "raum": 2442051470.0, "count": 678 }, "corporations_other_businesses": { "raum": 87325886.0, "count": 15 } }, "compensation_types": [ "fixed", "other", "percentage_of_aum" ], "advisory_activities": [ "educational_seminars", "financial_planning", "other", "pension_consulting", "portfolio_management_individuals", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "AL", "AZ", "CA", "CO", "CT", "DC", "DE", "FL", "GA", "IL", "IN", "KS", "MA", "MD", "ME", "MN", "NC", "NH", "NJ", "NM", "NY", "OH", "OR", "PA", "RI", "SC", "SD", "TN", "TX", "VA", "VT", "WA" ], "websites": [ "https://blbb.com", "https://blbbadvisors.com", "https://facebook.com/people/BLBB-Advisors/61576986182399", "https://instagram.com/blbb_advisors", "https://linkedin.com/company/blbbadvisorsllc", "https://youtube.com/@blbbadvisors4917" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/139096", "city_as_filed": "MONTGOMERYVILLE", "url": "https://advisorcensus.com/firm/blbb-advisors-montgomeryville-pa-139096", "display_name": "BLBB Advisors", "summary": "BLBB Advisors is an SEC-registered investment advisory firm in Montgomeryville, PA, registered since 2006, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 1, 2026.", "citation": "AdvisorCensus. BLBB Advisors (CRD 139096): 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)", "Other" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Pension consulting services", "Selection of other advisers (including private fund managers)", "Educational seminars/workshops", "Other" ], "quick_answers": [ { "q": "How is BLBB Advisors compensated?", "a": "On its Form ADV (Item 5.E, October 2026), BLBB Advisors reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); other." }, { "q": "Where is BLBB Advisors located?", "a": "BLBB Advisors' principal office is in Montgomeryville, PA, according to its Form ADV." }, { "q": "Is BLBB Advisors registered with the SEC or a state?", "a": "BLBB Advisors is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 139096." }, { "q": "How much does BLBB Advisors manage?", "a": "BLBB Advisors reports $3,255,397,467 in regulatory assets under management in its Form ADV filing dated September 1, 2026 (99% discretionary)." }, { "q": "How have BLBB Advisors' assets and staff changed since 2021?", "a": "In the Form ADV data for BLBB Advisors: Regulatory assets under management: $1,688,435,566 in the October 2021 data and $3,255,397,467 in the October 2026 data, up 93%. Total employees: 26 in October 2021 and 32 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does BLBB Advisors serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (842); high net worth individuals (678); pension and profit sharing plans (but not the plan participants or government pension plans) (55)." }, { "q": "Which custodians does BLBB Advisors use?", "a": "BLBB Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC, Pershing LLC and Tradepmr by Robinhood as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does BLBB Advisors 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/139096" }, { "q": "What changed in BLBB Advisors' recent Form ADV filings?", "a": "In the October 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1688435566.0, "total_employees": 26, "filing_date": "2021-03-26" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2065089989.0, "total_employees": 26, "filing_date": "2022-03-29" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1878944558.0, "total_employees": 26, "filing_date": "2023-03-28" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2298183437.0, "total_employees": 29, "filing_date": "2024-03-25" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2739761758.0, "total_employees": 28, "filing_date": "2025-03-26" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3255397467.0, "total_employees": 32, "filing_date": "2026-09-01" } ], "recent_changes": [ { "period": "2026-10-01", "period_label": "October 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 14 to 12.", "Regulatory assets under management went from $2,739,761,758 to $3,255,397,467 (+19%).", "Registered or notice-filed in AL, DC, VT." ] }, { "period": "2026-02-01", "period_label": "February 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-01-01", "period_label": "January 2026", "notes": [ "No longer registered or notice-filed in AL." ] }, { "period": "2025-12-01", "period_label": "December 2025", "notes": [ "Registered or notice-filed in ME." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Fidelity Brokerage Services LLC", "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC", "affiliated": false }, { "name": "Pershing LLC", "name_as_filed": "PERSHING LLC", "affiliated": false }, { "name": "Tradepmr by Robinhood", "name_as_filed": "TRADEPMR BY ROBINHOOD", "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/blbb-advisors-montgomeryville-pa-139096.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 842, "fewer_than_5": false, "raum": 260997632.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 678, "fewer_than_5": false, "raum": 2442051470.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 55, "fewer_than_5": false, "raum": 222379713.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 42, "fewer_than_5": false, "raum": 242642766.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 15, "fewer_than_5": false, "raum": 87325886.0 } ], "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/139096", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }