Bcu Wealth Advisors, LLC (Vernon Hills)

Name: Bcu Wealth Advisors, LLC
Address: 340 N. Milwaukee Avenue, Vernon Hills, IL, 60061
Telephone: 847-932-8007

Bcu Wealth Advisors, LLC is a large advisory firm based in Vernon Hills. It manages $208.13 million of regulatory assets for 995 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Colorado, Florida, and 17 other states.

Bcu Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Bcu Wealth Advisors: assets under management

The assets under management (AUM) of Bcu Wealth Advisors, LLC is $208.13 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 101% since the beginning of its operation, and $193.57 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $208.13 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $209.17 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 61% of the total AUM. The second-largest asset type is exchange traded securities, which make up 24% of the firm’s portfolio. Investments in investment grade corporate bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bcu Wealth Advisors, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Thomas Gerard Moore serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Thomas Gerard Moore is individuals with 560 clients and $131.66 million of assets under management. Among the 11 most similar advisory firms, Bcu Wealth Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $208.13 million for 613 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Bcu Wealth Advisors doesn't advise any private funds.

Careers at Bcu Wealth Advisors, LLC

The company employs 13 people that are either part- or full-time employees. 15 percent of the employees work as investment advisers or researchers. 11 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Thomas Gerard Moore has been acting as President since 1 Mar 2012. Scott Leonard Comeau joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Baxter Credit Union	Unit holder	1 Mar 2012	75% - 100%	23-7250155
Thomas Gerard Moore	Chairman	1 Mar 2012	Other	4711567
Edwin Thomas Watson	President/chief compliance officer/board member	1 Apr 2012	Other	4448255
Charles Edward Smith	Board member/treasurer	1 Nov 2012	Other	6128851
Richard Allan Orr	Board member/investment adviser representative	1 Nov 2012	Other	1816027
Kenneth Scott Dryfhout	Board member (01/2015)/chief compliance officer (05/2018)	1 Jan 2015	Other	4709802
Douglas Darlington Reynolds	Managing director/board member	1 Mar 2017	Other	6659389
Charles Louis Dimon	Chief compliance officer	1 Mar 2017	Other	5030141
Scott Leonard Comeau	Chief compliance officer	1 Jul 2018	Other	4261244

Based in Vernon Hills

The principal office where Bcu Wealth Advisors, LLC performs its advisory services is located at 340 N. Milwaukee Avenue, Vernon Hills, IL 60061, which is also the mailing address of the firm. An additional office of the firm is in Deerfield, IL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 847-932-8007. The normal business hours are 8:00 am - 4:30 pm ct on Monday - Friday. You can find more information about the New York firm at bcuwealthadvisors.org.