Bfc Planning, Inc. is a large advisory firm based in Cedar Rapids. It manages $821.51 million of regulatory assets for 6,041 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 40 other states.
Bfc Planning provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Bfc Planning, Inc. is $821.51 million. The firm's AUM has grown by 10314% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Bfc Planning, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Bfc Planning is individuals with 5,827 clients and $618.32 million of assets under management. Among the 8 most similar advisory firms, Bfc Planning has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $821.51 million for 6,037 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Bfc Planning doesn't advise any private funds.
The company employs 204 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 204 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Bfc Planning, Inc. performs its advisory services is located at 4201 42 Nd Street Ne, Cedar Rapids, IA 52402, which is also the mailing address of the firm. An additional office of the firm is in Burlington, IA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 319-447-5700 or by fax 319-447-4244. The normal business hours are mon-thurs:8am-5pm;fri:8am-4pm on Monday - Friday. You can find more information about the New York firm at bfcplanning.com.