B
Bakalis Financial Inc.
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$28,000,000
Total clients
60
13% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
60
Average account size
$466,667
About
The firm provides portfolio management to individual clients, including high-net-worth individuals, overseeing roughly $28 million across about 60 client accounts. Services center on individualized investment policy statements, asset allocation, asset selection and ongoing portfolio monitoring using mutual funds, equities, ETFs, fixed income, annuities and private placements.
Investment decisions are driven by a blend of analytical methods—modern portfolio theory, fundamental, technical, charting, cyclical and quantitative analysis—and the firm generally implements long-term trading and model allocations tailored to each client’s goals and risk tolerance. Accounts are typically reviewed monthly and the adviser often operates with discretionary trading authority while clients receive monthly custodian reports.
Distinctive among peers, the brochure discloses a March 2020 regulatory action by the Michigan Department of Insurance and Financial Services that resulted in a cease-and-desist order and a $2,500 penalty. The firm’s principal also works as a licensed insurance agent and registered representative and may recommend commissionable insurance or annuity products; the firm states it discloses this relationship and periodically reviews recommendations to address the resulting conflicts of interest.
Client services
Portfolio management
Expertise
Annuities
Fee options
1.50% annually
Most active in
Bakalis Financial Inc. has reported serving >5 clients in these states in the last 12 months.
Michigan
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Is not active or affiliated with:
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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