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SEC-registered adviser

B•••• • A••••••••• L••

Independent wealth managerAtlanta, GeorgiaCRD 136342SEC 801-64569websiteIAPD
Latest filing Mar 20, 2026
First filing on the tape Mar 28, 2012 · 19 filings
SEC status approved since Aug 5, 2005
RAUM
$294M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$294M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$147M
derived; firm RAUM over IAPD count
Employees
4
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$294M as of Mar 20, 2026
Mar 28, 2012$93.6M then
HNW client RAUM$260M as of Mar 20, 2026
Mar 22, 2018$138M then
State-registered IARs (5.B.3)2 as of Mar 20, 2026
Mar 28, 20120 then
Employees (5.A)4 as of Mar 20, 2026
Mar 19, 20132 then
Private funds: no history
RAUM +11% over the last fiscal year+11% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 20, 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
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
RAUM per advisor
$147MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
80derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.7MderivedHNW RAUM over HNW clients
Average account
$673,339derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-7.0%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$260M88%
  • Individuals$34.0M12%
  • Charitable organizations$483,2760.2%
Individual clients
105reported
HNW clients
55reported
Pension plan clients
0reported
Charitable clients
1reported
Accounts
437reported
Financial planning clients
26-50reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
L•••• J••• B••••Chartered Financial AnalystAtlanta, GaMar 16, 201849 y0
D•••• H••••• B••••Atlanta, GaJan 20, 202221 y0
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
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • B••••• D••••• H••••• · Owner/Chief Compliance Officercontrol
        since 01/2022 · owns 25% to 50%
      • B••••• L••••• J••• · Owner/Presidentcontrol
        since 01/2005 · owns 50% to 75%
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Atlanta, Ga · principal200
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Individual clients · 120 to 105
        Mar 14, 2025 to Mar 20, 2026
      • Employees · 3 to 4
        Mar 14, 2025 to Mar 20, 2026
      • Accounts · 432 to 437
        Mar 14, 2025 to Mar 20, 2026
      • Charity clients · 0 to 1
        Mar 14, 2025 to Mar 20, 2026
      • HNW clients · 52 to 55
        Mar 14, 2025 to Mar 20, 2026
      • Financial planning clients · 11-25 to 26-50
        Mar 14, 2025 to Mar 20, 2026
      • Discretionary RAUM · $264M to $293M
        Mar 14, 2025 to Mar 20, 2026
      • HNW RAUM · $231M to $260M
        Mar 14, 2025 to Mar 20, 2026
      • Individual RAUM · $33.2M to $34.0M
        Mar 14, 2025 to Mar 20, 2026
      • Non-discretionary RAUM · $2,260 to $1.3M
        Mar 14, 2025 to Mar 20, 2026
      • RAUM · $264M to $294M
        Mar 14, 2025 to Mar 20, 2026
      • Accounts · 448 to 432
        Mar 14, 2024 to Mar 14, 2025
      • Individual clients · 121 to 120
        Mar 14, 2024 to Mar 14, 2025
      • Financial planning clients · 11-25 to 11-25
        Mar 14, 2024 to Mar 14, 2025
      • Discretionary RAUM · $251M to $264M
        Mar 14, 2024 to Mar 14, 2025
      • HNW RAUM · $217M to $231M
        Mar 14, 2024 to Mar 14, 2025
      • Individual RAUM · $33.5M to $33.2M
        Mar 14, 2024 to Mar 14, 2025
      • Non-discretionary RAUM · $850 to $2,260
        Mar 14, 2024 to Mar 14, 2025
      • RAUM · $251M to $264M
        Mar 14, 2024 to Mar 14, 2025
      • Accounts · 429 to 448
        Mar 9, 2023 to Mar 14, 2024
      • HNW clients · 48 to 52
        Mar 9, 2023 to Mar 14, 2024
      • Employees · 2 to 3
        Mar 9, 2023 to Mar 14, 2024
      • Financial planning clients · 26-50 to 11-25
        Mar 9, 2023 to Mar 14, 2024
      • Discretionary RAUM · $218M to $251M
        Mar 9, 2023 to Mar 14, 2024
      • HNW RAUM · $187M to $217M
        Mar 9, 2023 to Mar 14, 2024
      • Individual RAUM · $30.5M to $33.5M
        Mar 9, 2023 to Mar 14, 2024
      • Non-discretionary RAUM · $716 to $850
        Mar 9, 2023 to Mar 14, 2024
      • RAUM · $218M to $251M
        Mar 9, 2023 to Mar 14, 2024
      • Accounts · 422 to 429
        Dec 1, 2022 to Mar 9, 2023
      • HNW clients · 52 to 48
        Dec 1, 2022 to Mar 9, 2023
      • Individual clients · 108 to 121
        Dec 1, 2022 to Mar 9, 2023
      • State-registered IARs · 0 to 2
        Dec 1, 2022 to Mar 9, 2023
      • Discretionary RAUM · $217M to $218M
        Dec 1, 2022 to Mar 9, 2023
      • HNW RAUM · $188M to $187M
        Dec 1, 2022 to Mar 9, 2023
      • Individual RAUM · $28.8M to $30.5M
        Dec 1, 2022 to Mar 9, 2023
      • Non-discretionary RAUM · $1,098 to $716
        Dec 1, 2022 to Mar 9, 2023
      • RAUM · $217M to $218M
        Dec 1, 2022 to Mar 9, 2023
      • Accounts · 411 to 422
        Mar 4, 2021 to Mar 17, 2022
      • HNW clients · 48 to 52
        Mar 4, 2021 to Mar 17, 2022
      • Individual clients · 111 to 108
        Mar 4, 2021 to Mar 17, 2022
      Signals
      1 dated events
      • H••••• D•••• B•••• (Vice President) appeared on Schedule A of B•••• • A••••••••• L••
        Dec 1, 2022 · Control person joined · 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 phone
      404-256-0268reportedpublished by the firm, firm site, Sep 15, 2026
      Business phone
      404-256-1154reportedpublished by the firm, firm site, Sep 15, 2026
      Business phone
      866-272-9553reportedpublished by the firm, firm site, Sep 15, 2026
      Website
      B••••ANDASSOCIATES.COMreportedpublic record, Form ADV, Sep 21, 2026
      Principal office phone
      404-256-0268reportedpublic record, Form ADV, Mar 20, 2026
      Contact form
      b•••••••••.comreportedpublished by the firm, firm site, Sep 15, 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
      $147Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026