SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Bci Securities, Inc.
Miami, FL
CRD 168047
Firm filing updated March 31, 2026 ·
- $402.2MAssets
- 39Advisory staff
- 448Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- Individuals315
- Corporations or other businesses107
- High net worth individuals24
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 315 | $104.0 million |
| High net worth individuals | 24 | $56.4 million |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 clients | $7.8 million |
| Corporations or other businesses not listed above | 107 | $234.1 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
See all 4 services
- Other: "PROVIDE NON-DISCRETIONARY MODEL PORTFOLIO SIGNALS TO AN AFFILIATED INVESTMENT ADVISER."
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
- Other: "PROVIDE NON-DISCRETIONARY MODEL PORTFOLIO SIGNALS TO AN AFFILIATED INVESTMENT ADVISER."
Assets and accounts
- Regulatory assets$402.2 million
- Accounts448
- Discretionary$282.3 million · 313 accounts
- Non-discretionary$119.9 million · 135 accounts
People
- Employees74
- Advisory staff39
- Broker-dealer reps62
- Licensed insurance agents0
Advisors
18 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 168047, SEC file 801-121997.
- Registered with the SEC as an investment advisor (status date on record: October 1, 2021).
Is Bci Securities, Inc. a fiduciary?
Short answer: Bci Securities, Inc. is registered with the SEC as an investment advisor. Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 62 staff are broker-dealer representatives, the firm is itself a broker-dealer and the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
The firm has a related insurance company or agency.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.