BFA began conducting business in 2008 and is an SEC registered investment adviser with
its principal place of business located in Baltimore, Maryland.
Listed below are BFA’s principal shareholders, those individuals and/or entities
controlling 25% or more of this company:
• Damian J. Gallina, President and Chief Compliance Officer
• Jeffrey A. Malcom, Vice President
As of 12/31/2023 we were actively managing $294,667,853 of clients' assets on a
discretionary basis, and $13,401,678 on a non-discretionary basis.
INDIVIDUAL PORTFOLIO MANAGEMENT
Our firm offers portfolio management services to its advisory clients. We will provide
continuous advice to a client regarding the investment of client funds based on the client’s
individual needs including the client’s individual objectives, tax considerations, time
horizons, risk tolerance, liquidity needs, prior investment history, as well as family
composition and background.
We ask clients to adopt an investment policy statement, which we provide, and manage
their advisory accounts on a discretionary basis based on the client's stated objectives or
adopted investment policy statement (e.g., Balanced, Diversified, Fixed Income, Growth,
Moderate, Income/Balanced, Income/Diversified, Income/Growth, and Income/Moderate). Clients
may impose reasonable restrictions on investing in certain securities,
types of securities,
or industry sectors.
Our investment recommendations are not limited to any specific product or service
offered by a broker dealer or insurance company and will generally include advice
regarding individual stocks, bonds, certificates of deposit (CDs), mutual funds, and
exchange-traded funds (“ETFs”).
FINANCIAL PLANNING
Financial planning is a comprehensive evaluation of a client’s current and future financial
state by using currently known variables to project future cash flows, asset values and
withdrawal plans. Based on the information provided by the client, BFA will prepare a
comprehensive detailed written plan designed to help achieve their financial goals and
objectives, and which may address personal investing, tax analysis, insurance, estate,
educational, and retirement planning. Recommendations based on the plan are not limited
to any specific product or service offered by a broker dealer or insurance company.
The information we gather through in-depth personal interviews includes a client's current
financial status, tax status, future goals, return objectives and attitudes towards risk as
well as documents supplied by the client. To implement the recommendations contained
in their plan, we suggest clients work closely with their attorney, accountant insurance
agent, and, at their discretion, BFA for investment management.