BJO Wealth Management LLC

BJO Wealth Management provides discretionary and non-discretionary portfolio management and financial planning to high-net-worth individuals, trusts, estates, and corporations, managing roughly $26.5 million across about 60 client relationships. The firm generally does not serve non-high-net-worth individual clients, and tailors investment policy statements and asset allocations to each client’s objectives.

Investment decisions are guided by diversification, risk analysis and a mix of fundamental, cyclical and technical analysis, with portfolios implemented through a combination of long-term and shorter-term strategies and periodic rebalancing. Accounts are reviewed at least quarterly and the firm may recommend individual equities, mutual funds, ETFs, fixed income, REITs and third-party managers as appropriate to client needs.

Noteworthy operational details include a material tilt toward discretionary assets (approximately $23 million discretionary vs $4 million non-discretionary) and firm practices that may affect trade execution: the firm does not custody client assets, does not use soft-dollar arrangements, does not accept performance-based fees, and does not aggregate or block trades across multiple client accounts, while allowing clients to direct brokerage. These features can influence trade routing, execution cost opportunities, and the degree of centralized trade management relative to many peers.