At a Glance
BDB Wealth Advisors LLC is a state-registered, fee-based investment adviser serving individuals, families, business owners, corporations, and retirement plans.
We are a fiduciary — legally required to act in your interest at all times.
ANNUAL FEE RANGE 0.55% – 1.20% based on assets under management
PERFORMANCE FEES None — Ever never tied to gains or appreciation
BILLING Always in Arrears never prepaid more than six months out
ACCOUNT MINIMUM $10,000 waivable at firm discretion
FIDUCIARY Yes — Always your interest legally comes first
CUSTODIAN Altruist Altruist Financial LLC
| Service | Best For | Fee |
|---|---|---|
| Portfolio Management | Clients seeking ongoing investment management | 0.55% – 1.20% / yr |
| Financial Planning | Clients seeking a one-time or comprehensive plan | $500 – $15,000+ |
| Planning Subscription | Ongoing incremental planning support | $65 / month |
| Hourly Planning | Specific questions beyond included services | Up to $100 / hr |
| Pension Consulting | Employers and retirement plan sponsors | Flat or AUM-based |
All fees are generally negotiable within firm policy and documented in the advisory agreement.
Portfolio Management
We manage portfolios on a discretionary basis, grounded in a personalized Investment Policy Statement that captures your goals, risk tolerance, and time horizon. Every client receives an IPS, asset allocation, investment selection, risk-tolerance assessment, and at-least-quarterly monitoring and review.
Investments we may use:
Equities, fixed income, ETFs, defined-outcome and buffered ETFs, mutual funds, REITs, real estate funds, inflation-linked bonds, annuities, commodities, and non-U.S. securities — selected based on your individual circumstances.
| Assets Under Management | Annual Advisory Fee |
|---|---|
| $10,000 – $20,000 | 1.20% |
| $20,001 – $50,000 | 1.00% |
| $50,001 – $100,000 | 0.90% |
| $100,001 – $250,000 | 0.85% |
| $250,001 – $500,000 | 0.80% |
| $500,001 – $750,000 | 0.75% |
| $750,001 – $1,000,000 | 0.65% |
| $1,000,001 – $2,000,000 | 0.60% |
| $2,000,001 and above | 0.55% |
What This Looks Like in Real Dollars
• $100,000 at 0.85% = approx. $850/year ( $71/month)
• $250,000 at 0.80% = approx. $2,000/year ( $167/month)
• $500,000 at 0.80% = approx. $4,000/year ( $333/month)
• $1,000,000 at 0.65% = approx. $6,500/year ( $542/month) Illustrative only.
Actual fees depend on the rate in your advisory agreement.
Fees are calculated on account value as of the last business day of each billing period, charged monthly in arrears, and deducted directly from your account with written authorization. Terminate within five business days of signing for a full refund; after that, written notice ends the agreement immediately.
What Is Included at Each Asset Level
Portfolio management clients gain access to progressively more financial planning resources as assets grow — not a different investment strategy, simply more planning depth.
| Attribute | $10K+ AUM | $100K+ AUM | $250K+ AUM | $1M+ AUM |
|---|---|---|---|---|
| Portfolio management + IPS | Yes | Yes | Yes | Yes |
| Risk-tolerance assessment | Yes | Yes | Yes | Yes |
| Quarterly investment review | Yes | Yes | Yes | Yes |
| Online planning software | Limited | Limited | Full | Full |
| Annual financial plan review | Yes | Yes | Yes | Yes |
| Quarterly financial plan reviews | — | — | — | Yes |
| Included planning hours | — | — | 3 hrs/year | 2 hrs/quarter |
| Additional planning | $100/hr | $100/hr | $100/hr | $100/hr |
| Plan Type | Fee Range |
|---|---|
| Simple / Modular | $500 – $3,000 |
| Comprehensive | $3,500 – $7,500 |
| High-Net-Worth / Complex | $7,500 – $15,000+ |
| * Fees agreed in advance, paid in arrears. | |
Financial Planning
Available as a standalone service or alongside portfolio management. A plan may address investment strategy, retirement, life insurance, tax considerations, college funding, and debt planning. A financial plan is not a guarantee of any financial outcome.
Planning Subscription $65/month
Included advisor time 2.25 hrs/quarter
Same as ~45 min/month
Additional time $100/hour
Hourly-only rate Up to $100/hr
Pension & Retirement Plan Consulting
BDB consults on SIMPLE IRAs, SEP IRAs, 401(k)s, 403(b)s, and other employer plans — covering investment menu review, fiduciary oversight, manager monitoring, service provider recommendations, and participant education.
| Plan Type | Flat-Fee Range | AUM-Based Fee |
|---|---|---|
| SIMPLE IRA — Setup / Conversion | $300 – $1,500 onetime | N/A |
| SIMPLE IRA — Ongoing | $20/participant/yr ($150 min) | 0.10% – 0.20% |
| SEP IRA | $250 – $1,000/year | 0.10% – 0.20% |
| 401(k) — Small (under $1M) | $1,500 – $3,000/year | 0.15% – 0.25% ($2,500 min) |
| 401(k) — Medium ($1M – $5M) | $3,500 – $6,000/year | 0.15% – 0.25% ($3,000 min) |
| 401(k) — Large / Complex (over $5M) | $7,500 – $10,000/year | 0.20% – 0.30% ($5,000 min) |
| 403(b) / Other Employer Plan | $2,000 – $5,000/year | 0.15% – 0.25% ($2,000 min) |
Other Costs & Conflicts of Interest
BDB’s advisory fee is separate from third-party costs. BDB does not mark these up or receive any portion of them.
Custodian fees Charged directly by Altruist Financial LLC. BDB receives no compensation or revenue sharing from Altruist.
Transaction costs Per-trade fees from the custodian. BDB adds no markup and does not participate in wrap-fee programs.
Fund expense ratios Internal fees charged by mutual funds and ETFs, set by the fund company — separate from BDB's fee.
Insurance commissions Danielle Bordenkircher is a licensed insurance agent — a disclosed conflict. Brian Bordenkircher is also licensed but does not actively sell insurance. Insurance is always optional; clients may use any provider.
Frequently Asked Questions
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No. BDB does not accept fees tied to capital gains or appreciation — compensation comes solely from the applicable advisory fee.
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Yes. Portfolio management rates are generally negotiable and finalized in writing. Planning and pension fees are set within the disclosed ranges based on scope and complexity.
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Portfolio management fees are deducted monthly from your account, in arrears, with written authorization. You receive an invoice showing the formula, billing period, and AUM used, plus a quarterly custodian statement. Planning fees are paid in arrears by check, wire, or bank transfer.
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Within five business days of signing — full refund, no penalty. After that, written notice ends the portfolio management agreement immediately.
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Altruist Financial LLC. Clients retain full ownership at all times. A different custodian may be requested.
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BDB may recommend defined-outcome (buffered) ETFs and, in certain taxable accounts, a margin overlay (capped at 20% of equity). Both involve material risks — including cap limits, outcome-period mechanics, margin interest, and potential forced liquidation — and require individualized suitability assessment. Margin requires separate client authorization.