BERNARD WEALTH MANAGEMENT CORP.
Adviser information for BERNARD WEALTH MANAGEMENT CORP. last updated from Form ADV on March 29th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Michigan, United States |
Employees
| Total Number of Employees | 5 |
|---|---|
| Investment Advisory/Research | 3 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 3 |
| Licensed Agents of an Insurance Company | 2 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 611 | $142.1M |
| Non-Discretionary | 7 | $16.8M |
| Total | 618 | $158.9M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 150 | $28.4M |
| HNW Individuals | 77 | $110.5M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 7 | $16.8M |
| Charitable organizations | <5 | $3.2M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 2 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 51-100 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-119146 |
|---|---|
| SEC ERA File Number | 801-119146 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 159533 |
| Legal Entity Identifier | None |
Principal Office
360 N. MAIN ST.SUITE 430
ROYAL OAK
MI
United States
Monday - Friday, 8AM TO 5PM
Tel: 248-556-2900, Fax: 844-215-3716
Chief Compliance Officer
KENNETH M. BERNARD
PRESIDENT
360 N. MAIN ST.
SUITE 430
ROYAL OAK
MI
United States
Tel:
2485562900
Fax:
844-215-3716
K**@*****************M
(Full email address available in API data)
Regulatory Contact
ANDREW NEIDERMEIER
CHIEF INVESTMENT OFFICER
7522 BANTREE CT
LONE TREE
CO
United States
Tel:
2485562900
A***@*****************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BERNARD, KENNETH, MARK | Individual | – | PRESIDENT | 10/2011 | > 75% |
| BERNARD, KENNETH, MARK | Individual | – | CHIEF COMPLIANCE OFFICER | 12/2011 | > 75% |
| Niedermeier, Andrew, Paul | Individual | – | CHIEF INVESTMENT OFFICER | 01/2023 | 10-25% |