Richard Bernstein Advisors LLC

Richard Bernstein Advisors LLC provides investment advisory and sub-advisory services to a broad mix of clients, including individuals, institutions, charitable organizations and investment companies, and implements strategies through separately managed accounts, wrap- and model-fee programs, UCITS, ETFs and UITs. The firm also licenses proprietary indexes and distributes published research and investment commentary to intermediaries and other third parties.

Its investment process is top-down and macro-driven, using macroeconomic indicators to set asset-class and style tilts and quantitative screening/optimization to construct portfolios and select ETFs or baskets with an emphasis on portfolio-level risk control and periodic rebalancing. RBA commonly acts as a model portfolio provider and index licensor rather than relying solely on direct discretionary relationships, and its published research and commentary support implementation by third-party advisers and wrap sponsors.

Notable aspects relative to peers include a large client reach delivered mainly through intermediary channels — serving over 10,900 clients and overseeing roughly $3.8 billion in discretionary assets and about $18.6 billion in assets under advisement/licensing — which yields an unusually high client-to-advisor ratio. The firm provides portfolio management across a range of pooled and investment-company vehicles, uses a mix of fee arrangements (including performance-based and fixed fees for index/model services), maintains a meaningful non-U.S. presence via UCITS and index licensing, and has publicly disclosed an SEC order related to the presentation of third‑party ratings in an advertisement.