Bassam Wealth Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Bassam Wealth Management reports 24 clients. They include 24 high-net-worth individuals. Of its assets, 49.1% ($118M across 171 accounts) are managed with discretion; $123M across 5 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 100% | 87% |
| Pension and profit-sharing plans | Fewer than 5 | 13% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 24 | $209M | 86.8% | $8.71M |
| Pension and profit-sharing plans | Fewer than 5 | $31.9M | 13.2% | — |
| Total | 24 | $241M | 100% | — |
- Clients
- 24
- Regulatory AUM
- $209M
- AUM share
- 86.8%
- Avg. per client
- $8.71M
- Clients
- Fewer than 5
- Regulatory AUM
- $31.9M
- AUM share
- 13.2%
- Avg. per client
- —
Total
- Clients
- 24
- Regulatory AUM
- $241M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Bassam Wealth Management charges 1.00%–2.00% a year for its Wealth management services. The fee is billed in advance, is negotiable and has a $10,000 annual minimum.
Fee details and sources
Ehsan Bassam owns 75% or more of Bassam Wealth Management. The leadership team of Bassam Wealth Management includes Chief Compliance Officer Ehsan Bassam. It has 3 employees, 1 of them in advisory roles.
Leadership
- Ehsan BassamManaging Member and Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 1 in advisory functions
- 1 state-registered rep
- 1 insurance agent
- Owns 75% or more of Bassam Wealth Management, LLC
Ehsan Bassam
Control person · since May 2024
Bassam Wealth Management’s regulatory assets grew Infinity× from $0 (May 2024) to $241M (March 2026); employees rose from 2 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $241M | 24 | 3 | 1 |
| March 2025 | $222M | 27 | 3 | 1 |
| May 2024 | $0 | 0 | 2 | 1 |
Besides its headquarters, Bassam Wealth Management has 0 offices, with 1 listed address in Florida.
Florida · 1 listed address
- 2875 South Ocean BLVD, Suite 200-28, Palm BeachHQ
Contact and registration details
- Legal name
- Bassam Wealth Management, LLC
- Headquarters
- 2875 South Ocean BLVD, Suite 200-28, Palm Beach, FL 33480
- Website
- bassamwealthmanagement.com
- Phone
- 561-494-6391
- @bassam-wealth-management
- SEC file
- 801-130321
- Structure
- Delaware LLC
- Fiscal year end
- December
Bassam Wealth Management uses Blackstone Securities Partners ($110M, 52%), Fidelity ($70.7M, 33%) and Merrill Lynch, Pierce, Fenner & Smith ($31.7M, 15%) as custodians for its separately managed accounts. Bassam Wealth Management has custody of $7.13M in client assets for 5 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $70.7M33%
- Merrill Lynch, Pierce, Fenner & SmithMerrill Lynch, Pierce, Fenner & Smith Incorporated · New York, NY · $31.7M15%
- Blackstone Securities PartnersBlackstone Securities Partners L.P. · New York, NY · $110M52%
At year end, Bassam Wealth Management’s separately managed accounts were mostly in stocks (59%) and funds (32%).
What the accounts hold
- Stocks59%
- Non-exchange-traded equities51%
- Exchange-traded equities8%
- Funds32%
- Registered funds19%
- Pooled vehicles13%
- Bonds2%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash6%
- Other1%
- Transamerica annuities1%
How many clients does Bassam Wealth Management have?
Bassam Wealth Management has 24 clients and manages $241 million for them, as of March 2026. They include 24 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 March 2026
What services does Bassam Wealth Management offer?
Bassam Wealth Management provides financial planning, portfolio management for individuals and small businesses, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Bassam Wealth Management charge?
Bassam Wealth Management charges 1.00%–2.00% a year for its Wealth management services. The fee is billed in advance, is negotiable and has a $10,000 annual minimum.
Source: BWM DISCLOSURE BROCHURE AND BROCHURE SUPPLEMENT, filed 4 March 2026
Which custodians does Bassam Wealth Management use?
Bassam Wealth Management’s separately managed account assets are held at Blackstone Securities Partners L.P. (New York, NY), with $110M, Fidelity Brokerage Services LLC (Smithfield, RI), with $70.7M and Merrill Lynch, Pierce, Fenner & Smith Incorporated (New York, NY), with $31.7M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 March 2026
How many financial advisors does Bassam Wealth Management have?
Bassam Wealth Management has 1 investment adviser representative registered with state securities authorities, out of 3 employees, and 1 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Bassam Wealth Management invest in?
At the end of its last fiscal year, Bassam Wealth Management’s separately managed accounts held 51% non-exchange-traded equities, 19% registered funds (mutual funds, ETFs, BDCs), 13% pooled vehicles (private funds and similar), 8% exchange-traded equities, 6% cash and equivalents, 1% state and local bonds, 1% investment grade corporate bonds and 1% other. The 1% other category is described as: Transamerica Annuities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Bassam Wealth Management?
Bassam Wealth Management’s direct owner is Ehsan Bassam (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 4 March 2026
How does Bassam Wealth Management get paid?
Bassam Wealth Management is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Bassam Wealth Management registered with the SEC?
Yes, Bassam Wealth Management has been registered with the SEC as an investment adviser since 24 May 2024. Its CRD number is 330695 and its SEC file number is 801-130321.
Source: Form ADV Part 1A, Item 1, filed 4 March 2026; IAPD firm record
How do I contact Bassam Wealth Management?
Bassam Wealth Management’s main office is at 2875 South Ocean BLVD, Suite 200-28, Palm Beach, FL 33480. Its phone number is 561-494-6391. Its website is bassamwealthmanagement.com.