No commissions, no ads, no advice. This Beacon Pointe Advisors profile draws only on public records, each linked so you can confirm it yourself.

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The short answer: is Beacon Pointe Advisors a fiduciary?

Yes. Beacon Pointe Advisors is a fiduciary when it advises you. It's a registered investment adviser, and its Form ADV doesn't report a broker-dealer registration. Beacon Pointe Advisors is an SEC-registered investment adviser (CRD #119290) and reported $54.9 billion in regulatory assets under management as of its latest Form ADV (filed August 31, 2026). According to that filing, it serves 29,929 clients by type (Item 5.D) through 29,892 client accounts (Item 5.F). The two figures answer different questions on the form, so they don't match exactly. Its Form ADV (Item 5.E) reports no commissions for advisory services, though it also reports insurance or other sales activity by the firm or a related company, so it's worth asking how each part of the relationship is paid. Its Form ADV (Item 5.E) lists how it is paid: a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. Every line here traces to a public filing you can pull yourself in a few minutes.

Its Form ADV doesn't report a broker-dealer registration or a related broker-dealer, so the adviser's fiduciary standard is the one that applies to its advice. Get started with Truthifi

What "fiduciary" means: a fiduciary is legally bound to place a client's interests above its own. (More on fiduciary duty)

Beacon Pointe Advisors at a glance

✅ Verified from public filings, last checked October 5, 2026. Beacon Pointe Advisors (SEC CRD #119290) is a fiduciary for the whole advisory relationship, on an advisory-fee basis, with $54.9 billion in regulatory assets under management. Every figure below links to its primary source.

What	Beacon Pointe Advisors	Source
SEC CRD	#119290	IAPD
Registration	Registered investment adviser (RIA), not a broker-dealer	IAPD
Registered since	February 20, 2002 (SEC)	IAPD
Fiduciary?	Yes, as its adviser	SEC adviser standard
Fee model	Advisory fees (no commissions reported in Item 5.E)	Form ADV Item 5.E
How it's paid	A percentage of assets under management, hourly charges, fixed fees, and performance-based fees	Form ADV Item 5.E
Regulatory Assets Under Management	$54.9 billion (Form ADV filed August 31, 2026)	IAPD
Client accounts	29,892 (29,800 discretionary)	IAPD
Employees	780 (440 in advisory roles)	IAPD
Ownership	Parent-owned	Form ADV Schedule A
Disclosures	Form ADV answers No to firm-level disciplinary questions	IAPD
HQ	Newport Beach, CA	IAPD

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Beacon Pointe Advisors fees: what you'll pay

Beacon Pointe Advisors lists four ways it can be paid, and that menu is wider than many advisers report. Beacon Pointe Advisors charges advisory fees: its Form ADV (Item 5.E) reports no commissions for its advisory services. Its filing also reports broker-dealer, insurance or other sales activity by the firm or a related company, business that can be paid by commissions. Ask how each part of the relationship is paid. The details are in its Form ADV Part 2A. Its Form ADV (Item 5.E) lists how it is paid: a percentage of assets under management, hourly charges, fixed fees, and performance-based fees.

Advisory fees are what clients pay the adviser directly. Commissions earned through a related broker-dealer or insurance business are a separate source of pay. (For how the labels differ, see Fee-only financial advisor: costs and how to find one.)

Our take: before you sign, ask Beacon Pointe Advisors to name in writing which of the four pay methods applies to your account. Performance-based fees are the one to pin down. They can reward an adviser for taking more risk, so you'll want to know whether yours is one of the accounts they cover. The rate itself matters less than what you get for it, a point we make in Are you paying too much? Why that might be the wrong question.

Who owns Beacon Pointe Advisors, and what conflicts does it disclose?

Beacon Pointe Advisors is owned by Beacon Pointe Advisors Holdings, LLC, as listed in Schedule A of its Form ADV. (Form ADV Schedule A) That holding company is why the glance table above reads "Parent-owned."

Its Form ADV Part 2A describes the firm's conflicts of interest, including how it and its advisers are paid.

Beacon Pointe Advisors SEC record: disclosures

To check Beacon Pointe Advisors' regulatory record, start with the firm's own filings. On its Form ADV, Beacon Pointe Advisors answers No to the firm-level disciplinary-history questions. You can confirm that on the public record. Individual advisers can have their own records, so look them up on IAPD and BrokerCheck too. Whatever Beacon Pointe Advisors disclosures exist live on the public record. Read them there, in context, rather than secondhand.

On the record, the firm has been registered with the SEC since February 20, 2002, and makes notice filings in 53 jurisdictions. Its Form ADV (2026) reports 780 employees, 440 of them in investment advisory roles, or about 56% of staff. If you're asking "is Beacon Pointe Advisors legit?", start with registration: a public CRD and filings anyone can pull. That confirms it's a real, regulated adviser. Whether it's right for you is a separate question.

Reading Beacon Pointe Advisors reviews against the public record

A review of Beacon Pointe Advisors describes one client's experience at a firm serving everyone from individual savers to 156 charities and 55 pension plans. Your experience may track the client group you fall into more than the firm's average. Before you weigh Beacon Pointe Advisors reviews, check three things this profile takes from the public record. First, how the firm is paid: it reports advisory fees and no commissions, but it reports an insurance or other sales connection. Second, who owns it and what conflicts it discloses. Third, whether its Form ADV reports any disciplinary history. Read reviews alongside the record, not instead of it.

How to verify Beacon Pointe Advisors yourself

Here's how to confirm all of it in three steps:

1. Check the SEC adviser record (IAPD): https://adviserinfo.sec.gov/firm/summary/119290.
2. Read the filings (Form ADV / Form CRS): linked from the IAPD page.
3. Confirm the entity: match Beacon Pointe Advisors (CRD #119290, legal name BEACON POINTE ADVISORS, LLC) so you're reading the right firm.

What Beacon Pointe Advisors does and who it serves

On its Form ADV, Beacon Pointe Advisors reports providing financial planning, portfolio management for individuals and small businesses, portfolio management (investment companies), portfolio management (pooled vehicles), portfolio management for businesses and institutions, pension consulting, selection of other advisers, and educational seminars.

It reports providing financial planning to about 5,800 clients in its last fiscal year (Form ADV Item 5.H), a count the form keeps separate from the client totals below.

Its Form ADV (Item 5.D) breaks its clients down by type. The rows add up to 29,929 clients, a head count that differs slightly from the 29,892 accounts reported in Item 5.F:

Client type	Clients	Assets managed
Individuals	18,083	$6.09 billion
High-net-worth individuals	11,482	$43.05 billion
Banking or thrift institutions	1	$8.5 million
Investment companies	1	$984.1 million
Pooled investment vehicles	7	$109.8 million
Pension and profit-sharing plans	55	$357.1 million
Charities	156	$3.36 billion
State or municipal government entities	1	$12.4 million
Insurance companies	8	$595.3 million
Corporations or other businesses	135	$309.3 million

It reports 29,892 client accounts, 29,800 discretionary (the firm can trade without seeking your approval first) and 92 non-discretionary (Item 5.F). Its main office is in Newport Beach, CA.

What the client mix tells you

By our arithmetic on the Item 5.D table, high-net-worth individuals make up about 38% of clients but hold roughly 78% of the assets, about $3.7 million each on average. The 18,083 other individuals are about 60% of clients and hold roughly 11% of assets. Charities, at 156 clients, account for about 6%. More than 99% of accounts are discretionary. In practice, this is a firm built around large households that hands it trading authority. If your account is smaller, it's fair to ask whether you get the same team and fee schedule as those households.

It reports that it or a related person has custody of certain client assets, which brings extra safeguards such as surprise examinations. The specifics are in its Form ADV.

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Vetting the firm is quick. Seeing your whole financial picture is the part that pays off.

Beacon Pointe Advisors' filing shows clients that include families, charities, pension plans and businesses. For a household that also runs a foundation or a company retirement plan, those assets may sit with different custodians and reach the advisor as separate statements. This is where Truthifi comes in.

How Truthifi can help

If your money spans personal accounts, a trust or a family foundation, Truthifi links your accounts read-only and shows what you own, how it's allocated, how it's performing and where the risk sits, including single-stock exposure, returns next to a benchmark, a fee breakdown of the fees on each account, by type, and your Truthifi Score. For a firm that can bill four different ways, seeing fees by account makes those pay methods easier to compare. You can share the accounts you choose with your advisor at Beacon Pointe Advisors.

Prefer your own AI? A paid Truthifi plan lets you connect an AI assistant that supports MCP sign-in, such as Claude. Truthifi Connect is the lighter membership for people who only want to use their own assistant. Questions about your fees need Monitoring or Monitoring Plus+.

Ask AI about your Beacon Pointe Advisors accounts

Once your accounts are connected read-only, you can ask in plain English:

• "What do I own across my Beacon Pointe Advisors accounts and everything else, and how is it allocated?"
• "What am I paying in fees on each of these accounts, by type?"

Try it with Truthifi: start for free at app.truthifi.com and run a Monitoring Checkup (limits apply).

No commissions, no ads, no advice: Truthifi is not an investment adviser and doesn't give investment, tax or legal advice. Its access to your bank and brokerage accounts is read-only. Start free (limits apply). Monitoring Checkup is free. Per Truthifi platform data, you can link up to 10 connections. Plans and limits are on the pricing page → truthifi.com.

One more idea worth keeping: the Item 5.D table is refiled with each annual amendment. Comparing it year to year shows whether the firm's book is tilting further toward large households, and that trend can say more about where its attention goes than any review. See how Truthifi keeps your accounts secure

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FAQ

Is Beacon Pointe Advisors a fiduciary? Yes. It's a registered investment adviser (CRD #119290), so it owes a fiduciary duty when it advises you. Its Form ADV doesn't report a broker-dealer registration or a related broker-dealer.

Is Beacon Pointe Advisors fee-only? Not necessarily. Its Form ADV (Item 5.E) reports no commissions for advisory services, but the filing also reports broker-dealer, insurance or other sales activity by the firm or a related company, which can be paid differently. Ask how everyone you deal with is paid. The details are in its Form ADV Part 2A.

Who owns Beacon Pointe Advisors? Beacon Pointe Advisors is owned by Beacon Pointe Advisors Holdings, LLC, as listed in Schedule A of its Form ADV.

Does Beacon Pointe Advisors have complaints or disclosures? Its Form ADV answers No to the firm-level disciplinary-history questions. Individual advisers can have their own records on IAPD and BrokerCheck.

Is Beacon Pointe Advisors legit? Beacon Pointe Advisors is registered with the SEC (CRD #119290) and its filings are public on the SEC's IAPD site, which confirms it is a real, regulated firm. Registration doesn't tell you whether it's the right fit or what you'll pay, so read the fee and conflict sections of its Form ADV.

Can AI help me check whether I'm getting good value? Yes. Start free (limits apply): Monitoring Checkup is free and lets you link up to 10 connections. On a paid plan you can also connect an AI assistant you already use (such as Claude). On Monitoring or Monitoring Plus+ you can ask it, in plain English, about the fees on each of your accounts. Truthifi is not an investment adviser and doesn't give investment, tax or legal advice.

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About this profile

Truthifi built this profile from the firm's own SEC filings (Form ADV and, where filed, Form CRS). Every page is reviewed by the Truthifi Team before publishing. The Truthifi advisor fact packs are an ongoing series checking U.S. investment advisers against their public filings, one firm at a time. Browse other firms on the Truthifi /advisors hub.

Read next from the Truthifi blog

• What is a fiduciary?
• Fee-only financial advisor: costs and how to find one
• Are you paying too much? Why that might be the wrong question
• How to ask AI about your real investment accounts
• Robo-advisor vs. human financial advisor: which is better?
• All advisor fact packs on Truthifi

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A note on sources. The facts on this page come from publicly available documents, Beacon Pointe Advisors' SEC filings, each linked inline so you can verify it yourself (SEC data current as of October 5, 2026). This is general information, not financial or legal advice, and Truthifi is not affiliated with Beacon Pointe Advisors. Regulatory records change, so always confirm against the official sources linked above. Spot something that should be corrected? Email us at support@truthifi.com.