Bft Financial Group, LLC is a large advisory firm based in Bedford. It manages $600.45 million of regulatory assets for 3,746 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Arizona, California, and 17 other states.
Bft Financial Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Bft Financial Group, LLC is $600.45 million. The firm's AUM has grown by 384% since the beginning of its operation, and $12.05 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Bft Financial Group, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Bft Financial Group is high net worth individuals with 129 clients and $339.41 million of assets under management. Among the 7 most similar advisory firms, Bft Financial Group has the 3rd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $600.45 million for 1,621 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Bft Financial Group doesn't advise any private funds.
The company employs 19 people that are either part- or full-time employees. 89 percent of the employees work as investment advisers or researchers. 17 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Bft Financial Group, LLC performs its advisory services is located at 2312 School Lane, Bedford, TX 76021, which is also the mailing address of the firm. An additional office of the firm is in Amarillo, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 817-354-1090 or by fax 817-354-4477. The normal business hours are 8am-5pm on Monday - Friday. You can find more information about the New York firm at bftfinancial.com and its LinkedIn profile.