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BCD Advisors

Updated today

Client assets under management

$51,900,000

Clients

448

8% high-net worth

Advisors

4

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

112

Very High

Average account size

$115,848

About

Beacon Capital Distributors Advisors (BCD) provides portfolio management, financial planning, and access to third‑party money managers for individuals (including high‑net‑worth clients), pension and profit‑sharing plans, and business entities. The firm also offers services through wrap‑fee arrangements and the Betterment for Advisors platform for retirement and managed accounts.

BCD builds investor profiles and uses asset allocation, fundamental analysis and Modern Portfolio Theory to recommend portfolios and trading strategies, offering both discretionary and advisory (non‑discretionary) arrangements. As disclosed in its brochure, BCD reported roughly $4.9 million in discretionary assets and about $47 million in non‑discretionary assets as of 12/31/2025, indicating most client assets are managed on a non‑discretionary basis.

Compared with many team advisors, BCD is affiliated with Harris Financial Solutions, Inc., and routinely recommends third‑party managers and platform providers (including Betterment), with disclosed fee‑sharing arrangements and potential conflicts tied to those relationships. The firm also notes that some associated persons are licensed insurance producers who may offer commissionable products, and it disclosed a 2020 Missouri regulatory order that was resolved with a monetary penalty.

Client services

Financial planning Portfolio management Selection of other advisers

Expertise

Wealth management

Fee options

Fixed

Fixed financial planning fee ranging from 0.5% to 1% of gross household income on a one-time basis; may be collected half upfront and half upon completion.

Percentage

$0 - $500,000: 1.25% per year $500,000 - $1,000,000: 1.05% per year $1,000,000 - $2,000,000: 0.80% per year $2,000,000+: 0.50% per year

Other

Account minimum: $25,000 Fee-only: Asset-based financial planning fees up to 1.00% of Assets Under Management; fixed financial planning fee ranging from 0.5% to 1% of gross household income on a one-time basis; fees are negotiable.

Main office location

BCD Advisors

Akron OH, United States

Number of offices

3

Most active in

California · Illinois · Michigan · Mississippi · Missouri · Nevada · North Carolina · Ohio · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Stephen H

Series 66

Akron, OH

BCD Advisors

Stephen Hecker is a financial advisor at BCD Advisors with 21 years of industry experience. He holds a Series 66 designation and has worked at multiple firms, including Sterne Agee and Pinnacle Advisory Group. He is also the president and owner of Armor Financial Management, LLC, where he acts as an independent insurance agent specializing in life, disability, and long-term care insurance. BCD Advisors provides portfolio management, financial planning, and access to third-party money managers for individuals, pension and profit-sharing plans, and business entities. The firm employs asset allocation, fundamental analysis, and Modern Portfolio Theory to recommend portfolios and trading strategies, offering both discretionary and non-discretionary arrangements.

Wealth management
user avatar

Keith H

Series 63, Series 65

Akron, OH

BCD Advisors

Keith Harris is a financial advisor with BCD Advisors in Akron, Ohio, holding Series 63 and Series 65 licenses and bringing 13 years of industry experience. He is a partner in Jagged Edge Sports LLC, which provides core training for athletes across various sports, and serves as president of Inside The Jersey, a company offering college planning tools for student-athletes. BCD Advisors offers portfolio management, financial planning, and access to third-party money managers for individuals, pension and profit-sharing plans, and business entities. The firm employs asset allocation, fundamental analysis, and Modern Portfolio Theory to recommend portfolios and trading strategies under both discretionary and advisory arrangements.

Wealth management
user avatar

Robert K

Series 63, Series 65

Akron, OH

BCD Advisors

Robert Kilivris is a financial advisor at BCD Advisors in Akron, OH, with 33 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at Beacon Capital Distributors Advisors since 2004, as well as Investments for You Inc from 2013 to 2016. Kilivris serves as president of Beacon Capital and holds a variable insurance license. BCD Advisors provides portfolio management, financial planning, and access to third-party money managers for individuals, pension and profit-sharing plans, and business entities. The firm uses asset allocation, fundamental analysis, and Modern Portfolio Theory to recommend portfolios and trading strategies, offering both discretionary and advisory arrangements.

Wealth management
user avatar

Steven A

Series 63, Series 65

Ridgeland, MS

BCD Advisors

Steven Anderson is a financial advisor with BCD Advisors in Ridgeland, MS, holding Series 63 and Series 65 licenses and eight years of industry experience. He has worked at Beacon Capital Distributors Advisors and Virtue Capital Management since 2018, with prior experience at Horter Investment Management and Financial Works USA, LLC. Anderson is also president and CEO of Financial Works USA, LLC, where he focuses on retirement income planning and fixed annuities. BCD Advisors provides portfolio management, financial planning, and access to third-party money managers for individuals, pension and profit-sharing plans, and business entities. The firm employs asset allocation, fundamental analysis, and Modern Portfolio Theory to recommend portfolios and trading strategies through both discretionary and advisory arrangements.

Wealth management
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