B
Black & White Investment Management LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$2,025,943
Clients
6
0% high-net worth
Advisors
1
of 1 employees
Firm type
Independent
1 advisor
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
6
Very LowAverage account size
$337,657
About
Black & White Investment Management LLC provides discretionary portfolio management to individual clients, using percentage-of-assets-under-management billing. The firm reports approximately $2.03 million in regulatory assets under management across six client relationships, indicating a very small client base and asset footprint.
Its Form ADV Part 2A describes the firm’s portfolio management services and includes sections on methods of analysis and investment strategies (Item 8), account review procedures (Item 13), and brokerage and custody practices (Items 12 and 15), suggesting the advisor documents a formal process for research, trading, and oversight. The small number of clients implies the firm operates with a high degree of direct advisor-client interaction and potentially tailored implementation of strategy.
What is most distinctive compared with many peers is the firm’s scale—both AUM and client count are well below typical independent advisors—which may affect capacity, service bandwidth, and the suitability of the firm for larger or institutional mandates. The brochure also contains disclosure sections such as performance-based fees (Item 6) and other financial industry activities and affiliations (Item 10), which a prospective client should review to understand any potential conflicts or special fee arrangements.
Client services
Portfolio management
Main office location
Black & White Investment Management LLC
Waukesha WI, United States
Number of offices
1
Most active in
Black & White Investment Management LLC has reported serving >5 clients in these states in the last 12 months.
Wisconsin
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 not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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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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