Bbae Advisors LLC (Frisco)
Bbae Advisors LLC is an internet adviser based in Frisco. It manages $6.11 million of regulatory assets for 265 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of North Carolina and Texas.
Bbae Advisors provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Bbae Advisors: assets under management
The assets under management (AUM) of Bbae Advisors LLC is $6.11 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -91% since the beginning of its operation, and $6.11 million of the total AUM is attributable to clients outside of the United States.
Investments
The firm invests in exchange traded securities the most. They account for 100% of the total AUM.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Bbae Advisors LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
What kind of clients Richard Barry Freeman serves?
The firm provides services to individuals and high net worth individuals. The largest group of clients of Richard Barry Freeman is high net worth individuals with 55 clients and $3.12 million of assets under management. Among the 3 most similar advisory firms, Bbae Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $6.11 million for 265 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 99% of the firm’s clients are foreign persons or businesses.
Bbae Advisors doesn't advise any private funds.
Careers at Bbae Advisors LLC
The company employs 4 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.
Richard Barry Freeman has been acting as President since 1 Jun 2015. Joseph Yong Hahm joined the executive team most recently as the Chief Compliance Officer.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 3 indirect owners.Based in Frisco
The principal office where Bbae Advisors LLC performs its advisory services is located at 2591 Dallas Parkway, Frisco, TX 75034, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 972-731-4305 or by fax 214-279-9251. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at bbae.com.
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