B
BWM LLC
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$19,603,682
Total clients
18
100% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
18
Average account size
$1,089,093
About
BWM provides discretionary investment management and financial planning to high‑net‑worth individuals, trusts, and estates. Portfolios are typically built around diversified mutual funds and ETFs, with individual stocks, fixed income and options used as needed, and the firm may retain legacy positions for portfolio fit or tax reasons.
The firm employs fundamental analysis and a generally long‑term orientation, working with clients to define objectives and risk tolerance and then implementing customized asset allocations. BWM monitors accounts on an ongoing basis and may rebalance, harvest gains or losses, or adjust sector and asset class weightings in response to market conditions or client needs.
Notably, the firm generally does not serve non‑high‑net‑worth individual investors and instead concentrates on high‑net‑worth clients, trusts and estates; its advisor is also a licensed insurance professional who may receive separate commission‑based compensation for insurance sales, a disclosed potential conflict of interest. The brochure also discloses an institutional custodial relationship that provides technology and operational support and records a 2007 client complaint that was settled in 2008.
Client services
Financial planning
Portfolio management
Expertise
Active portfolio management
Options & derivatives strategies
Tax-loss harvesting
Fee options
Up to 1.50% annually
$200 per hour
Main office location
BWM LLC
Chicago IL, United States
Number of offices
1
Most active in
BWM LLC has reported serving >5 clients in these states in the last 12 months.
Illinois
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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