Bcg Securities, Inc. (Cherry Hill)


Bcg Securities, Inc. is a large advisory firm based in Cherry Hill. It manages $516.16 million of regulatory assets for 1,694 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, California, and 35 other states.

Bcg Securities provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, 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.

Bcg Securities: assets under management

The assets under management (AUM) of Bcg Securities, Inc. is $516.16 million. The firm's AUM has grown by 806% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $61.93 million in discretionary accounts and $454.23 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $288.02 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $307.12 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 45% of the total AUM. The second-largest asset type is exchange traded securities, which make up 30% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bcg Securities, Inc. for their services and products based on a percentage of assets under management, fixed fees, and commissions. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bcg Securities serves?

The firm provides services to individuals, other investment advisers, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Bcg Securities is individuals with 1,602 clients and $206.42 million of assets under management. Among the 10 most similar advisory firms, Bcg Securities has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $516.16 million for 1,853 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.

Bcg Securities doesn't advise any private funds.

Careers at Bcg Securities, Inc.

The company employs 85 people that are either part- or full-time employees. 41 percent of the employees work as investment advisers or researchers. 35 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.

Beau Christian Adams joined the executive team most recently as the Vice President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. Benefit Consultants Group Ii Owner 1 Feb 1999 75% - 100% 23-2991819
Robert Paglione Executive officer 1 May 1999 Other 355236
Jonathan Paul Reardon Asst secretary / general principal 1 Dec 2000 Other 2520178
Peter Thomas Kisver Peter t kisver fnop/gp 1 Dec 2002 Other 2726187
Inc. Benefit Consultants Group Owner 1 Jan 2003 75% - 100% 23-2991819
Neal Anthony Johnston General principal 1 Jan 2003 Other 1058174
Adam Justin Paglione Vice president 1 Jan 2003 Other 4673183
Peter Thomas Kisver Peter t kisver fnop/gp/mp 1 May 2003 Other 2726187
Alex B Jr Perez Assistant secretary 1 Jul 2004 Other 2671943
Robert Paglione Chief executive officer 1 Jan 2007 Other 355236
Adam Justin Paglione Pres / gp / chief compliance officer/fnop 1 Jan 2007 Other 4673183
Adam Justin Paglione President, chief compliance officer 1 Sep 2007 Other 4673183
Jorge Alberto Arroyo Secretary 1 Sep 2007 Other xxx-xx-xxxx
Joseph Regis Solimeo Treasurer, chief financial officer 1 Mar 2009 Other 5240770
Beau Christian Adams Vice president 1 Jan 2019 Other 2687173
Horace Mann Educators Corp. Owner 1 Jan 2019 75% - 100% 37-0972590
Michael Brandon Weckenbrock Chief executive officer 1 Jan 2019 Other 4842694
Emily A Peterson Secretary 1 Jan 2019 Other 7082331
Linea Kate Michael Assistant secretary 1 Jan 2019 Other 5791549

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Robert Paglione Shareholder 1 Feb 1999 75% - 100% 355236
Robert Paglione Shareholder 1 Jan 2003 75% - 100% 355236

Based in Cherry Hill

The principal office where Bcg Securities, Inc. performs its advisory services is located at 51 Haddonfield Road, Cherry Hill, NJ 08002 The mailing address of the firm is 51 Haddonfield Road, Cherry Hill, NJ 08002. An additional office of the firm is in Wayne, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 856-393-1950 or by fax 856-824-1475. The normal business hours are 8:00am-4:30pm on Monday - Friday. You can find more information about the New York firm at bcgsecurities.com.