Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management of Pooled Investment Vehicles
- Portfolio Management for Businesses or Institutional Clients
- Pension Consulting Services
- Selection of Others Advisors
- Publication of Periodicals or Newsletters
- Educational Seminars & Workshops
- Other
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pooled Investment Vehicles
- Pension & Profit Sharing Plans
- Charitable Organizations
- State & Municipal Govt Entities
- Insurance Companies
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
Beacon Pointe Advisors, LLC Overview
BEACON POINTE ADVISORS, LLC is a fee-only registered investment advisory firm based in Newport Beach, CA. Since its inception in 2002, the firm has focused solely on providing investment advice to its clients. Their fee arrangement ensures that clients only pay for their advice without any hidden commissions or charges. The firm offers a wide range of services for individuals, small businesses, and institutional clients. Their services include financial planning, portfolio management, pension consulting, and selecting other advisors. They also publish periodicals and newsletters and offer educational seminars and workshops to keep their clients informed about the latest trends and investment strategies. One of the unique services offered by BEACON POINTE ADVISORS, LLC is their portfolio management services for pooled investment vehicles. The firm is experienced in handling complex and diverse investment portfolios for its clients, ensuring that their investments are diversified and aligned with their investment objectives. Apart from their investment advisory services, the firm also offers consulting services to its clients. These consulting services include asset allocation analysis, investment policy statement creation, manager research, and due diligence. Overall, BEACON POINTE ADVISORS, LLC is a highly experienced investment advisory firm that offers a wide range of services tailored to meet the unique needs of each client. Their focus on providing quality advice and transparent fee arrangements make them a trusted partner for any investment needs.
BEACON POINTE ADVISORS, LLC is a distinguished financial advisory firm with an extensive client portfolio across the financial spectrum. They take pride in their ability to serve clients across various industries and unique financial circumstances. BEACON POINTE ADVISORS, LLC serves individuals, high net worth individuals, pooled investment vehicles, pension or profit sharing plans, charitable organizations, state or municipal government entities, insurance companies, and other corporation types not listed. BEACON POINTE ADVISORS, LLC understands that each client has a unique financial circumstance and takes a personalized approach to their service offerings. BEACON POINTE ADVISORS, LLC offers a wide range of fee structures depending on the services provided. One of the commonly used fees structures is a percentage of assets under management (AUM). This fee structure takes into account the amount of funds managed by the advisory firm on behalf of clients. BEACON POINTE ADVISORS, LLC, offers an hourly fee structure to provide clients with one-time financial advisory services. This fee structure may be ideal for individuals or entities that require specific financial planning advice. Finally, BEACON POINTE ADVISORS, LLC also offers fixed fees to provide a more predictable and stable cost structure. This fee structure may be ideal for individuals or entities that require one-time financial advice or comprehensive financial planning services. Regardless of the fee structure, BEACON POINTE ADVISORS, LLC prides itself on providing transparent fee schedules for all clients.
Typical Clients, Fee Structures & Investment Minimum
The investment minimum for Beacon Pointe Advisors, LLC is $1 million for the Managed Account Program, as stated in their Part 2 Brochure note about investment minimums. However, they reserve the right to reduce or waive the minimum requirements at their discretion. They also mention that family accounts can be combined to meet the minimum account size requirement. Additionally, significant fund withdrawals may result in a request for additional fund deposits to continue account management.
How This Office Can Help Fresno County, CA Residents
Beacon Pointe Advisors assists clients in Fresno County, CA by providing comprehensive financial planning services. They understand that individuals and families in Fresno County may be facing a variety of financial situations, such as saving for retirement, planning for college education, or managing debt. Beacon Pointe Advisors works closely with each client to understand their unique needs and develop a customized financial plan to help them achieve their goals. In addition to traditional financial planning services, Beacon Pointe Advisors also offers investment management services. They help clients build a well-diversified portfolio of investments tailored to their risk tolerance, financial goals, and other individual factors. This approach helps clients protect and grow their wealth over time, even in the face of market volatility and other challenges. With expert financial advice and personalized support, Beacon Pointe Advisors is dedicated to helping clients in Fresno County achieve financial success.
Services Offered by Beacon Pointe Advisors, LLC
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Beacon Pointe Advisors, LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Beacon Pointe Advisors, LLC is registered to service clients in the following states:
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Virgin Islands
Disciplinary History
Beacon Pointe Advisors, LLC does not have any disclosures. Please visit it's Form ADV for more details.