Basa Advisors

CRD#290034
Investment Advisor Firm

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Learn more about Basa Advisors

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations

    • Overview

    Basa Advisors operates as a financial advisory firm that has its headquarters in Dallas, Texas. The firm oversees $141.0 million in assets under management over two client accounts, placing it in the mid-tier of investment advisory firms in the nation by assets under management (AUM). It has a small team, including 6 financial advisors. Basa Advisors is not a registered broker-dealer, signifying that it is not able to buy and sell securities for its own accounts as well as its customers' and instead must go through a broker-dealer company to do so. Securities are defined as tradable fiscal investments such as options, stocks and bonds.

    Basa Advisors administers all of its accounts on a discretionary basis. Discretionary management means that buy and sell decisions are made by a portfolio manager without requiring the client's approval. The firm supervises an average of $70.5 million in assets for every account. An average advisor at Basa Advisors administers fewer than one client account, placing it among the most individualized financial advisor firms in the country.

    Basa Advisors's central office is located at 14875 Landmark Boulevard, Dallas, Texas 75254. The company is registered to serve clients in the state of Texas.

    Assets Under Management

    $141.0 million

    Number of Advisors

    6

    Disclosures

    No

    Office Location

    14875 Landmark Boulevard
    Dallas, TX 75254

    Basa Advisors by the Numbers

    Total Assets Under Management

    $141.0 million

    National Average: $8.6 billion
    Total Number of Employees

    17

    National Average: 64
    Total Number of Accounts

    2

    National Average: 375,227
    Average Account Size

    $70.5 million

    National Average: $23.0 thousand
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    Fee Structure

    A financial advisor's fees vary depending on which services the firm provides the client. Fees billed by Basa Advisors most likely include any blend of the following fee types: asset-based or performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are not provided by the company.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 26% of firms

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

    Back to Overview

    Types of Clients

    Basa Advisors provides services to pooled investment vehicles. Out of its two customers, Basa Advisors's biggest client type 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.

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    Disclosures

    Basa Advisors does not have any disclosures.

    Please visit its Form ADV for more details.

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