Bcg Securities, Inc. (Cherry Hill)

Name: Bcg Securities, Inc.
Address: 51 Haddonfield Road, Cherry Hill, NJ, 08002
Telephone: 856-393-1950

Bcg Securities, Inc. is a large advisory firm based in Cherry Hill. It manages $516.16 million of regulatory assets for 1,694 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arizona, California, and 35 other states.

Bcg Securities provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Bcg Securities: assets under management

The assets under management (AUM) of Bcg Securities, Inc. is $516.16 million. The firm's AUM has grown by 806% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $61.93 million in discretionary accounts and $454.23 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $288.02 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $307.12 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 45% of the total AUM. The second-largest asset type is exchange traded securities, which make up 30% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bcg Securities, Inc. for their services and products based on a percentage of assets under management, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bcg Securities serves?

The firm provides services to individuals, other investment advisers, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Bcg Securities is individuals with 1,602 clients and $206.42 million of assets under management. Among the 10 most similar advisory firms, Bcg Securities has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $516.16 million for 1,853 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.

Bcg Securities doesn't advise any private funds.

Careers at Bcg Securities, Inc.

The company employs 85 people that are either part- or full-time employees. 41 percent of the employees work as investment advisers or researchers. 35 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.

Beau Christian Adams joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Benefit Consultants Group Ii	Owner	1 Feb 1999	75% - 100%	23-2991819
Robert Paglione	Executive officer	1 May 1999	Other	355236
Jonathan Paul Reardon	Asst secretary / general principal	1 Dec 2000	Other	2520178
Peter Thomas Kisver	Peter t kisver fnop/gp	1 Dec 2002	Other	2726187
Inc. Benefit Consultants Group	Owner	1 Jan 2003	75% - 100%	23-2991819
Neal Anthony Johnston	General principal	1 Jan 2003	Other	1058174
Adam Justin Paglione	Vice president	1 Jan 2003	Other	4673183
Peter Thomas Kisver	Peter t kisver fnop/gp/mp	1 May 2003	Other	2726187
Alex B Jr Perez	Assistant secretary	1 Jul 2004	Other	2671943
Robert Paglione	Chief executive officer	1 Jan 2007	Other	355236
Adam Justin Paglione	Pres / gp / chief compliance officer/fnop	1 Jan 2007	Other	4673183
Adam Justin Paglione	President, chief compliance officer	1 Sep 2007	Other	4673183
Jorge Alberto Arroyo	Secretary	1 Sep 2007	Other	xxx-xx-xxxx
Joseph Regis Solimeo	Treasurer, chief financial officer	1 Mar 2009	Other	5240770
Beau Christian Adams	Vice president	1 Jan 2019	Other	2687173
Horace Mann Educators Corp.	Owner	1 Jan 2019	75% - 100%	37-0972590
Michael Brandon Weckenbrock	Chief executive officer	1 Jan 2019	Other	4842694
Emily A Peterson	Secretary	1 Jan 2019	Other	7082331
Linea Kate Michael	Assistant secretary	1 Jan 2019	Other	5791549

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Robert Paglione	Shareholder	1 Feb 1999	75% - 100%	355236
Robert Paglione	Shareholder	1 Jan 2003	75% - 100%	355236

Based in Cherry Hill

The principal office where Bcg Securities, Inc. performs its advisory services is located at 51 Haddonfield Road, Cherry Hill, NJ 08002 The mailing address of the firm is 51 Haddonfield Road, Cherry Hill, NJ 08002. An additional office of the firm is in Wayne, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 856-393-1950 or by fax 856-824-1475. The normal business hours are 8:00am-4:30pm on Monday - Friday. You can find more information about the New York firm at bcgsecurities.com.