Overview
BIA is an investment advisory firm that was established in 1994. BIA is a Delaware limited
liability company. BIA is an indirect, wholly-owned subsidiary of Brighthouse Financial, Inc.
(“BHF”), which is a publicly held company.
BIA serves as the investment adviser to participants in the asset allocation program made
available exclusively under Marquis Portfolios variable annuity contracts by the issuing
insurance companies. In this capacity, we are your investment adviser solely for the purpose of
developing and updating the models. We currently follow the recommendations of an
independent third-party consultant to provide this service. From time to time, we may select a
different consultant, to the extent permitted under applicable law. We also serve as the
investment adviser to funds registered under the Investment Company Act of 1940, as amended
(the “1940
Act”), that are available under the Marquis Portfolios variable annuity contracts
and/or that are available to investors through other variable insurance and variable annuity
products.
In the Marquis Portfolios asset allocation program, you will choose to allocate your purchase
payments among a set of investment portfolios you select using one of the models we provide.
There currently are twenty models, a disciplined and a flexible model for each of ten levels of
risk tolerance and return potential. It is your responsibility to select or change your model and
your investment portfolios. Neither BIA, the insurance company nor your registered
representative will make this decision for you.
Not applicable.
As of February 29, 2024, client assets under the Marquis program, which are managed on a non-
discretionary basis, were approximately $1,426,290,707.