Beacon Pointe Advisors: Platform Profile

Overview

Beacon Pointe Advisors is an SEC-registered investment adviser serving private clients and institutions.

Its current standard private-client economics are unusually clear for a large acquired-practice RIA:

• General account minimum: $1,000,000
• Private client advisory fee range: 0.50%-1.50% of AUM
• Minimum quarterly fee: $1,250

All three can be waived or altered under applicable client circumstances.

The firm's broader wealth service can include:

• discretionary investment management;
• financial planning;
• retirement planning;
• wealth-transfer planning;
• third-party investment managers;
• unified managed accounts;
• proprietary private funds;
• interval-fund exposure;
• tax-aware planning;
• institutional consulting and OCIO services.

May fit better for

• households with approximately $1 million or more of managed assets;
• clients seeking discretionary wealth management;
• investors who want planning and portfolio management under one relationship;
• clients comfortable with third-party managers;
• eligible investors considering private funds or interval-fund exposure;
• households seeking a large national RIA with multiple offices.

May fit less well for

• small accounts;
• investors seeking a low-cost automated ETF-only robo service;
• clients who want one all-in fee;
• investors who want to approve every trade;
• clients who want no affiliated private-fund conflicts;
• investors who need daily liquidity from every investment;
• households that assume independent-manager fees are included in Beacon Pointe's percentage.

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Beacon Pointe Advisors, LLC is the legal adviser

Current regulatory information:

• Investment adviser: Beacon Pointe Advisors, LLC
• CRD: 119290
• SEC number: 801-60943
• SEC registration status: Approved

The current Form ADV Part 1 was amended July 13, 2026.

The current consumer brochure is dated March 31, 2026.

The legal adviser remains separate from:

• independent managers;
• custodians;
• private-fund general partners;
• related tax/insurance businesses.

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General account minimum is $1 million

Current Form CRS and Part 2A state:

• General account minimum: $1,000,000
• Minimum waivable: Yes
• Family accounts can be combined for minimum: Yes

Beacon Pointe can reduce or waive it.

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Standard private-client fee range is 0.50%-1.50%

Current Part 2A:

• Private client advisory fee range: 0.50%-1.50% annually
• Fees negotiable: Yes

The exact rate and calculation method are stated in the client Advisory Agreement.

The range is current.

The exact point inside the range is client-specific.

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Minimum quarterly fee is $1,250

Current Part 2A states:

• Minimum quarterly fee: $1,250
• Minimum quarterly fee waivable: Yes

Annualized illustration:

$1,250 × 4 = $5,000

The general $1 million account minimum normally makes the percentage fee larger than this annualized floor, but waivers and unusual relationships can make the minimum fee relevant.

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Independent managers can cost more than Beacon Pointe

Beacon Pointe can recommend unaffiliated Independent Managers.

Current Form CRS and Part 2A make clear that their fees are separate.

This is one of the most important fee-stack guards.

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Envestnet UMA adds a platform fee

Current Envestnet UMA disclosures show:

• Envestnet platform fee range: 0.02%-0.04% annually
• Envestnet minimum annual account fee: $50
• Independent Manager fees additional: Yes

It applies to the applicable UMA structure.

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Legacy wrap program is closed to new clients

Current 2026 brochure states:

• Legacy Wrap Fee Program: Yes
• Offered to new or prospective clients: No
• Legacy wrap fee range: 0.50%-2.00%

This is a stale-review trap.

The current ordinary private-client range is 0.50%-1.50%.

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SEI sub-advisory relationships add 0.08%

Current brochure:

• SEI subadvisory fee: 0.08%
• SEI fee additional to Beacon Pointe fee: Yes

Other investment expenses can remain.

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Proprietary private funds create an affiliated-product conflict

Beacon Pointe currently discloses proprietary private funds including real-estate and credit strategies.

Current private-fund general partner:

• Private fund general partner: Beacon Pointe GP, LLC

The brochure references a 1.00% annual management fee at the fund level for specified private funds, while stating that this management fee is waived for limited partners who are also Beacon Pointe clients.

A fund management-fee waiver does not make the fund free.

Operating and other fund expenses can remain.

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Beacon Pointe also advises an interval fund

Current disclosures identify the Beacon Pointe Multi-Alternative Fund / BPMAX structure.

An interval fund's periodic repurchase mechanism is not equivalent to an exchange-traded ETF.

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Discretionary management is central

Current Form CRS:

• Discretionary wealth management: Yes
• Client preapproval for each trade: No

Reasonable client restrictions can apply.

This does not mean Beacon Pointe controls outside assets not assigned under the advisory agreement.

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Custody is external and relationship-specific

Current disclosures reference major custody/platform relationships including Schwab, Fidelity, Pershing, SEI and applicable platforms.

Referral arrangements with Schwab and Fidelity can create economic incentives.

The client should distinguish:

• custodian selection;
• referral economics;
• advisory fees;
• investment-manager fees.

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Current scale figures need dates and definitions

March 2026 Part 2A reported:

• Discretionary AUM: $50.539 billion
• Non discretionary AUM: $4.333 billion
• Total AUM: $54.873 billion

The current website references more than $63 billion in assets under advisement as of June 30, 2026.

Assessment

Beacon Pointe's current standard fee data are more transparent than many national RIA competitors.

The useful headline is:

$1 million general minimum + 0.50%-1.50% private-client advisory range + $1,250 quarterly minimum.

The full economics can still be more complex because independent managers, platforms and private products can add costs.

The main stale-data guard is the legacy wrap program.

Its 2.00% maximum is not the current ordinary private-client maximum and should not replace the current 1.50% figure.