BBAE: Platform Profile
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Overview
BBAE combines a self-directed brokerage with a separately regulated advisory program.
The current legal structure matters:
- Redbridge Securities LLC provides brokerage;
- Apex Clearing Corporation provides custody and clearing;
- BBAE Advisors LLC provides investment advisory services.
Current BBAE products include:
- U.S.-listed stocks;
- ETFs;
- options;
- fractional shares;
- margin accounts;
- IPO access;
- fundamental research and charting;
- fully paid securities lending;
- MyAdvisor managed portfolios.
May fit better for
- investors seeking commission-free U.S. stock and ETF trading;
- investors who want self-directed and managed options in one ecosystem;
- investors who use fundamental research tools;
- eligible international investors;
- investors comfortable with app-based brokerage;
- investors seeking a 0.50% managed portfolio.
May fit less well for
- investors seeking mutual funds or futures;
- investors who require a large branch network;
- options traders who want universal $0 contract pricing;
- investors who prefer a single legal entity for brokerage and advice;
- investors who need direct cryptocurrency trading;
- investors who assume SIPC protects against market losses.
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Current broker-dealer
Current Redbridge Form CRS and FINRA records identify:
- Broker dealer: Redbridge Securities LLC
- CRD: 287912
- SEC number: 8-69915
- FINRA member: Yes
- SIPC member: Yes
Redbridge is an introducing broker.
Current custody:
- Clearing custodian: Apex Clearing Corporation
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Current adviser
Current March 2026 Form ADV:
- Investment adviser: BBAE Advisors LLC
- CRD: 269900
- SEC number: 801-104469
- SEC registered: Yes
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Self-directed stock and ETF pricing
Current BBAE/Redbridge materials:
- US listed stock commission: $0
- US listed ETF commission: $0
This applies to eligible self-directed individual brokerage accounts.
Regulatory, account, routing, borrow, wire, and other charges can still apply.
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Current options pricing
Current BBAE marketing states:
- Standard options commission: $0.99 per contract
- Options bundles available: Yes
- New options account free contract promotion: 3 contracts during first 90 days
Bundle pricing can reduce the effective contract rate.
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Fractional shares
Current BBAE materials:
- Fractional stock investing: Yes
- Low dollar fractional: $5
The $5 number is an order-size reference, not an account minimum.
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MyAdvisor minimum
Current March 2026 Form ADV:
- MyAdvisor minimum: $2,000
The adviser can change or waive minimums.
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MyAdvisor fee
Current 2026 advisory brochure:
- MyAdvisor annual wrap fee: 0.50% of AUM
- Performance fee: $0
The 0.50% wrap fee covers advisory, execution, clearing, custody, and reporting under the program.
ETF and other product expenses can still apply separately.
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Advisory-fee example
At $10,000:
$10,000 × 0.50% = $50
simple annual wrap-fee reference.
At the $2,000 minimum:
$2,000 × 0.50% = $10
simple annual reference.
Actual fee billing uses average daily account value and can be prorated.
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MyAdvisor portfolio structure
Current advisory materials describe:
- MarketGrader equity strategies;
- growth/value factor approaches;
- fixed-income ETFs;
- automated rebalancing;
- client risk-profile inputs.
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Fully paid securities lending
Current Redbridge/BBAE program:
- Fully paid securities lending: Yes
- Participation optional: Yes
- Rebate accrues daily: Yes
- Rebate paid monthly: Yes
- Voting rights while shares lent: No
Redbridge and Apex share in securities-lending economics.
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Private / pre-IPO access
Current Redbridge Form CRS says limited access can be facilitated to certain alternative investments in private, late-stage, or pre-IPO companies through a third-party platform.
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SIPC
Redbridge is a SIPC member.
Assessment
BBAE is more than a zero-commission stock app because it combines self-directed trading, options, securities lending, research, and an SEC-registered advisory program.
The legal separation should remain visible:
Redbridge is the broker; Apex is the clearing custodian; BBAE Advisors manages MyAdvisor.
The pricing split is similarly important:
- $0 for eligible U.S.-listed stock and ETF trades;
- standard options pricing of $0.99 per contract unless bundle/promotional pricing applies;
- 0.50% annually for MyAdvisor with a $2,000 minimum.