A. Description of the Advisory Firm
Bison Creek Wealth Management LLC (hereinafter “BCWML”) is a Limited Liability
Company organized in the State of Virginia. The firm was formed in January 2021, and
the principal owner is Jeffery Wayne Bruce.
B. Types of Advisory Services
Portfolio Management Services
BCWML offers ongoing portfolio management services based on the individual goals,
objectives, time horizon, and risk tolerance of each client. BCWML creates an Investment
Policy Statement for each client, which outlines the client’s current situation (income, tax
levels, and risk tolerance levels). Portfolio management services include, but are not
limited to, the following:
• Investment strategy • Personal investment policy
• Asset allocation • Asset selection
• Risk tolerance • Regular portfolio monitoring
BCWML evaluates the current investments of each client with respect to their risk
tolerance levels and time horizon. BCWML will request discretionary authority from
clients in order to select securities and execute transactions without permission from the
client prior to each transaction. Risk tolerance levels are documented in the Investment
Policy Statement, which is given to each client.
BCWML seeks to provide that investment decisions are made in accordance with the
fiduciary duties owed to its accounts and without consideration of BCWML’s economic,
investment or other financial interests. To meet its fiduciary obligations, BCWML
attempts to avoid, among other things, investment or trading practices that systematically
advantage or disadvantage certain client portfolios, and accordingly, BCWML’s policy is
to seek fair and equitable allocation of investment opportunities/transactions among its
clients to avoid favoring one client over another over time. It is BCWML’s policy to
allocate investment opportunities and transactions it identifies as being appropriate and
prudent among its clients on a fair and equitable basis over time.
Pension Consulting Services
BCWML offers consulting services to pension or other employee benefit plans (including
but not limited to 401(k) plans). Pension consulting may
include, but is not limited to:
• identifying investment objectives and restrictions
• providing guidance on various assets classes and investment options
• recommending money managers to manage plan assets in ways designed
to achieve objectives
• monitoring performance of money managers and investment options and
making recommendations for changes
• recommending other service providers, such as custodians, administrators
and broker-dealers
• creating a written pension consulting plan
These services are based on the goals, objectives, demographics, time horizon, and/or risk
tolerance of the plan and its participants.
Services Limited to Specific Types of Investments
BCWML generally limits its investment advice to mutual funds, fixed income securities,
real estate funds, equities, ETFs (including ETFs in the gold and precious metal sectors),
treasury inflation protected/inflation linked bonds and non-U.S. securities. BCWML may
use other securities as well to help diversify a portfolio when applicable.
C. Client Tailored Services and Client Imposed Restrictions
BCWML offers the same suite of services to all of its clients. However, specific client
investment strategies and their implementation are dependent upon the client Investment
Policy Statement which outlines each client’s current situation (income, tax levels, and risk
tolerance levels). Clients may impose restrictions in investing in certain securities or types
of securities in accordance with their values or beliefs. However, if the restrictions prevent
BCWML from properly servicing the client account, or if the restrictions would require
BCWML to deviate from its standard suite of services, BCWML reserves the right to end
the relationship.
D. Wrap Fee Programs
A wrap fee program is an investment program where the investor pays one stated fee that
includes management fees, transaction costs, fund expenses, and other administrative
fees. BCWML does not participate in any wrap fee programs.
E. Assets Under Management
BCWML has the following assets under management:
Discretionary Amounts: Non-discretionary Amounts: Date Calculated:
$ 21,901,985 $ 221,000,207 December 2022