Bfc Planning is a Registered Investment Advisor firm, based in Cedar Rapids, Iowa. The firm is licensed to provide investor services in 51 U.S. states and territories. As a Registered Investment Advisor, this company is a fiduciary, meaning it is required by SEC regulations to act in its clients’ best interests. Are you a client of Bfc Planning and have concerns regarding your investments? If so, please read on.
Our firm is investigating claims related to brokers at Bfc regarding alleged unsuitable recommendations. Specifically, our firm is investigating claims related to registered broker and investment advisor Jeremy Rosen. According to his BrokerCheck record, accessed September 4, 2020, Mr. Rosen has several pending customer disputes regarding Bfc’s failure to supervise. The clients allege that this failure contributed to his unsuitable investment recommendations.
Berthel Fisher & Company Planning, Inc. is Bfc Planning’s parent company. Bfc Planning also uses these alternate names:
- Bedrock Investment Advisors, LLC
- Great Lakes Bay Financial
According to its website, this company has 6,530 clients, which includes retail investors, corporations, charitable organizations, pension plans, as well as 108 high-net-worth individuals. Retail investors make up the single largest category of clients.
- Average account size: $151,200
- Assets under management: $9871.1 million
- Minimum investment amount: $25,000 per household
- Minimum account size: $10,000
Bfc Planning has 106 branches throughout the U.S.
The firm has 212 employees including 203 financial advisors. Advisors at this registered investment advisor firm oversee an average of 32 clients each.
As an investment advisor firm, Bfc Planning provides financial planning services and portfolio management. For their financial planning services, they offer full-service financial planning, limited service financial planning, and as-needed consulting services.
According to its website, Bfc Planning offers investment advice on a wide variety of investments, including stocks, bonds, exchange-traded funds (ETFs), certificates of deposit, fixed indexed annuities, partnerships investing in real estate, and publicly registered non-traded Real Estate Investment Trusts (REITs). They also offer asset management services and outside money manager referrals — sometimes, investment advisors will offer recommendations for services that are outside of their areas of expertise.
Bfc Planning oversees many of the client assets on a discretionary basis. This structure allows the portfolio management to buy and sell securities without obtaining the client’s express permission. Bfc also manages 758 non-discretionary accounts.
If Bfc Planning provides you with financial planning services and you have concerns related to your account’s performance, don’t hesitate to contact the securities attorneys at Fitapelli Kurta for a free case evaluation. Call (877) 238-4175 or email firstname.lastname@example.org for your free case consultation with a securities attorney.