Overview
BAM is registered with the SEC as an investment adviser with its principal place of business located in Houston,
Texas, USA. BAM began conducting business in 2001.
Listed below are the Firm’s principal shareholders (i.e., those individuals and/or entities controlling 25%
or more of this company).
Banorte Securities Holdings International Inc., sole shareholder of applicant.
In addition, the following information identifies publicly held subsidiaries that indirectly own 25% or
more of the Firm:
Casa de Bolsa Banorte S.A. de C.V., sole shareholder of AFIN INTERNATIONAL HOLDINGS, INC.
Grupo Financiero Banorte, S.A.B. de C.V., sole shareholder of Casa de Bolsa Banorte S.A. de C.V.
BAM offers the following products and services to our clients:
ADVISORY SERVICES – PORTFOLIO MANAGEMENT
The Firm provides continuous asset management of client assets.
Apart from the digital, discretionary account management provided through our BAM Digital division
(see Wrap Fee Program Brochure in IARD), we manage our advisory accounts on both a discretionary
and non-discretionary basis. Collectively, the non-discretionary and discretionary advisory accounts
are referred to as “BAM Traditional.” Account supervision for
BAM Traditional accounts is guided by
the client’s stated objectives (i.e., growth, income, speculation, etc.).
LIMITATIONS: Individuals of BAM are registered as representatives of an affiliated broker-dealer and
also as insurance agents. While this set of arrangements may connote that a conflict of interest could
exist, strict procedures are in place to ensure that BAM’s Investment Advisor Representatives (“IAR”)
always act in the best interest of their clients and place their interest above their own and that of the
firms they represent.
AMOUNT OF MANAGED ASSETS
As of December 31, 2023, we were managing $89,706,289 of our clients’ assets on a discretionary
basis. As of December 31, 2023, we were managing $127,856,034 of our clients’ assets on a non-
discretionary basis. As of December 31, 2023, we were managing $217,562,323 of our client’s
assets on a discretionary and non-discretionary” basis.
INSURANCE POLICIES
BAM is licensed as a life insurance agency with the State of Texas, and as such those persons
licensed as insurance agents with BAM may offer clients life insurance products underwritten by those
insurance companies with whom BAM has an agreement.
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