Beringea, LLC
Answer a few questions and
get matched with an advisor.
Learn more about Beringea, LLC
Overview
Beringea, LLC operates as a financial advisory firm that has its headquarters in Farmington, Michigan. It administers $360.7 million in assets across four customer accounts, placing it among the bigger financial advisory firms in the United States by assets under management (AUM). Beringea, LLC has a small team, including 4 financial advisors. Beringea, LLC does not act as a registered broker-dealer, signifying that the advisor cannot buy and sell securities for its clients' and own accounts and instead must go through a broker-dealer company to do so. Securities are exchangable financial investments such as options, bonds and stocks.
Beringea, LLC manages some of the firm's accounts in a discretionary manner. Discretionary management signifies that buy and sell choices are made by an investment advisor without requiring the customer's consent. The firm also administers three non-discretionary accounts with a total of $278.4 million in AUM. The advisory firm's average account size is $90.2 million. The average advisor at Beringea, LLC oversees about one client account, placing it among the most personalized advisor firms in the country.
The company's headquarters is located at 32330 W. 12 Mile Road, Farmington, Michigan 48334. The firm is permitted to serve clients in the state of Michigan.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Beringea, LLC by the Numbers
$360.7 million
5
4
$90.2 million
Fee Structure
Financial advisory fees typically vary depending on which service is provided. Fees charged by the firm typically consist of the following fee type: asset-based. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by Beringea, LLC.
Available
-
Offered by 69% of firms
Percentage of Assets
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 26% of firms that offer this fee type
Performance-based
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 32% of firms that offer this fee type
Fixed
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The firm provides services to pooled investment vehicles. Out of its four accounts, Beringea, LLC's largest client group by number of accounts is pooled investment vehicles. None of the company's customers reside abroad.
- High-Net-Worth Individuals* - 0%
- Other Individuals - 0%
- Corporations - 100%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Beringea, LLC does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.