DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
The Bedminster Group
Legal name Bedminster L.L.C.
Latest filing Feb 17, 2026
First filing on the tape Mar 21, 2012 · 21 filings
SEC status approved since Nov 3, 2001
RAUM
$199M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$198M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$99.5M
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
21 filings and snapshots on the tape
RAUM$199M as of Feb 17, 2026
Mar 21, 2012$97.2M then
HNW client RAUM$134M as of Feb 17, 2026
Mar 10, 2021$111M then
State-registered IARs (5.B.3)2 as of Feb 17, 2026
Mar 21, 20120 then
Employees (5.A)3 as of Feb 17, 2026
Mar 22, 20132 then
Private funds: no history
RAUM +9.5% over the last fiscal year+8.1% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Feb 17, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RAUM per advisor
- $99.5MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 95derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.3MderivedHNW RAUM over HNW clients
- Average account
- $384,937derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.5derivedItem 5.A over advisors
- Advisors per office
- 1.0derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +9.5%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -13%derived
- Compensation
- percentage of assets, hourlyreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consultingreportedItem 5.G
- Custody
- $58.0M, 81 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$134M67%
- Individuals$63.7M32%
- Charitable organizations$1.4M0.7%
- Individual clients
- 130reported
- HNW clients
- 59reported
- Pension plan clients
- n/areported
- Charitable clients
- 1reported
- Accounts
- 517reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- $58.0M for 81 clientsreported
- Compensation
- % of AUM, hourlyreported
- Class basis
- private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Marc Lucas JohnstonCertified Financial Planner, Chartered Financial Consultant | Bluffton, Sc | Mar 2, 2023 | 29 y | 1 |
| Eugene Francis Balerna | Bluffton, Sc | Jan 1, 2025 | 34 y | 5 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- Eugene Francis Balerna from Oak Advisors, LLCJan 1, 2025 · Other
- Marc Lucas Johnston from Homestead Advisers Corp.Mar 2, 2023 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Francis Eugene Balerna · Managing Member/Ccocontrolsince 05/2021 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Bluffton, Sc · principal | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Hilton Head Island, SC1 employees
What changed
consecutive filings, newest first
- Accounts · 573 to 517Mar 27, 2025 to Feb 17, 2026
- HNW clients · 58 to 59Mar 27, 2025 to Feb 17, 2026
- Individual clients · 160 to 130Mar 27, 2025 to Feb 17, 2026
- Assets in custody · $52.0M to $58.0MMar 27, 2025 to Feb 17, 2026
- Discretionary RAUM · $182M to $199MMar 27, 2025 to Feb 17, 2026
- HNW RAUM · $120M to $134MMar 27, 2025 to Feb 17, 2026
- Individual RAUM · $60.3M to $63.7MMar 27, 2025 to Feb 17, 2026
- Non-discretionary RAUM · $0 to $273,988Mar 27, 2025 to Feb 17, 2026
- RAUM · $182M to $199MMar 27, 2025 to Feb 17, 2026
- Accounts · 644 to 573Mar 26, 2024 to Mar 27, 2025
- HNW clients · 61 to 58Mar 26, 2024 to Mar 27, 2025
- Individual clients · 153 to 160Mar 26, 2024 to Mar 27, 2025
- Assets in custody · $47.1M to $52.0MMar 26, 2024 to Mar 27, 2025
- Financial planning clients · 1-10 to 26-50Mar 26, 2024 to Mar 27, 2025
- Discretionary RAUM · $164M to $182MMar 26, 2024 to Mar 27, 2025
- HNW RAUM · $145M to $120MMar 26, 2024 to Mar 27, 2025
- Individual RAUM · $18.0M to $60.3MMar 26, 2024 to Mar 27, 2025
- RAUM · $164M to $182MMar 26, 2024 to Mar 27, 2025
- Accounts · 705 to 644Mar 24, 2023 to Mar 26, 2024
- Charity clients · unset to 1.0Mar 24, 2023 to Mar 26, 2024
- HNW clients · 89 to 61Mar 24, 2023 to Mar 26, 2024
- Individual clients · 135 to 153Mar 24, 2023 to Mar 26, 2024
- Assets in custody · $64.0M to $47.1MMar 24, 2023 to Mar 26, 2024
- Employees · 2 to 3Mar 24, 2023 to Mar 26, 2024
- Financial planning clients · 0 to 1-10Mar 24, 2023 to Mar 26, 2024
- Discretionary RAUM · $158M to $164MMar 24, 2023 to Mar 26, 2024
- HNW RAUM · $120M to $145MMar 24, 2023 to Mar 26, 2024
- Individual RAUM · $37.2M to $18.0MMar 24, 2023 to Mar 26, 2024
- RAUM · $158M to $164MMar 24, 2023 to Mar 26, 2024
- Accounts · 768 to 705Mar 23, 2022 to Mar 24, 2023
- Advisory activities · 1 to 3Mar 23, 2022 to Mar 24, 2023
- Charity clients · 1.0 to unsetMar 23, 2022 to Mar 24, 2023
- HNW clients · 85 to 89Mar 23, 2022 to Mar 24, 2023
- Individual clients · 183 to 135Mar 23, 2022 to Mar 24, 2023
- Pension plan clients · 1.0 to unsetMar 23, 2022 to Mar 24, 2023
- Employees · 5 to 2Mar 23, 2022 to Mar 24, 2023
- Financial planning clients · unset to 0Mar 23, 2022 to Mar 24, 2023
- Discretionary RAUM · $215M to $158MMar 23, 2022 to Mar 24, 2023
- HNW RAUM · $153M to $120MMar 23, 2022 to Mar 24, 2023
- Individual RAUM · $60.0M to $37.2MMar 23, 2022 to Mar 24, 2023
Signals
3 dated events
- Francis Eugene Balerna (Managing Member/Cco) appeared on Schedule A of The Bedminster GroupMay 10, 2021 · Control person joined · fact
- Ira Steven Weber (Managing Member/Chief Compliance Officer) no longer on Schedule A of The Bedminster Group (listed 2021-03-10, absent 2021-05-10)May 10, 2021 · Control person left · inference
- The Bedminster Group reported succeeding to the business of Another Adviser (Form ADV Item 4)Dec 11, 2019 · Succession (Item 4) · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business email
- info@thebedminstergroup.comreportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 843-705-5544reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/the-bedminster-groupreportedpublic record, Form ADV, Sep 17, 2026
- Website
- THEBEDMINSTERGROUP.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 843-705-5544reportedpublic record, Form ADV, Feb 17, 2026
- Contact form
- thebedminstergroup.com/contactreportedpublished by the firm, firm site, Sep 16, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $99.5Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026