# BMB Advisers LLC

> BMB Advisers LLC is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2002, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 29, 2026.

- CRD: 118410
- Filed as: BMB ADVISERS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: March 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/118410
- AdvisorCensus page: https://advisorcensus.com/firm/bmb-advisers-llc-los-angeles-ca-118410

## Quick answers

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

**How much does BMB Advisers LLC charge?**
Its Form ADV Part 2A brochure dated March 29, 2026 states: Flat fee: $4,000 to $500,000 a year (on-going portfolio management services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is BMB Advisers LLC located?**
BMB Advisers LLC's principal office is in Los Angeles, CA, according to its Form ADV.

**Is BMB Advisers LLC registered with the SEC or a state?**
BMB Advisers LLC is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 118410.

**How much does BMB Advisers LLC manage?**
BMB Advisers LLC reports $655,752,715 in regulatory assets under management in its Form ADV filing dated March 29, 2026 (100% discretionary).

**How have BMB Advisers LLC's assets and staff changed since 2021?**
In the Form ADV data for BMB Advisers LLC: Regulatory assets under management: $388,206,942 in the October 2021 data and $655,752,715 in the October 2026 data, up 69%. Total employees: 3 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does BMB Advisers LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (30); pension and profit sharing plans (but not the plan participants or government pension plans) (2); charitable organizations (2).

**Which custodians does BMB Advisers LLC use?**
BMB Advisers LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC, RBC Capital Markets, LLC and Wells Fargo Advisors as custodians holding 10% or more of its separately managed account assets.

**Does BMB Advisers LLC 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/118410

**What changed in BMB Advisers LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $523,058,797 to $655,752,715 (+25%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 29, 2026)

- Flat fee: $4,000 to $500,000 a year (on-going portfolio management services)

> Clients may alternatively negotiate a fixed annual fee for on-going portfolio management services, which may range between $4,000 and $500,000.

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

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services LLC
- RBC Capital Markets, LLC
- Wells Fargo Advisors

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: $655,752,715
- Discretionary: $655,752,715
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 30 | $610,667,592 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 2 | $2,701,250 |
| Charitable organizations | 2 | $42,383,873 |

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

### Firm details
- Registered since: 2002 (24 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $388,206,942 | 3 | March 18, 2021 |
| October 2022 | $420,315,000 | 3 | April 13, 2022 |
| October 2023 | $402,790,600 | 3 | March 3, 2023 |
| October 2024 | $457,141,793 | 3 | February 15, 2024 |
| October 2025 | $523,058,797 | 3 | March 31, 2025 |
| October 2026 | $655,752,715 | 3 | March 29, 2026 |

Regulatory assets under management: $388,206,942 in the October 2021 data and $655,752,715 in the October 2026 data, up 69%.
Total employees: 3 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $523,058,797 to $655,752,715 (+25%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. BMB Advisers LLC (CRD 118410): Form ADV filing data as of October 2026.