{"url":"https://nivawealth.com/firms/bassam-wealth-management-330695","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/330695","regulatoryAum":240970936,"crd":"330695","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5406672","suffix":null,"lastName":"Bassam","firstName":"Ehsan","middleName":"S"}],"total":1,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2024-05-29","regulatoryAum":0,"clients":0,"employees":2,"offices":1},{"filedOn":"2025-03-20","regulatoryAum":221848004,"clients":27,"employees":3,"offices":1},{"filedOn":"2026-03-04","regulatoryAum":240970936,"clients":24,"employees":3,"offices":1}],"secFileNumber":"801-130321","legalName":"Bassam Wealth Management, LLC","displayName":"Bassam Wealth Management","slug":"bassam-wealth-management-330695","website":"https://bassamwealthmanagement.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/bassam-wealth-management/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"2875 South Ocean BLVD, Suite 200-28","city":"Palm Beach","state":"FL","stateName":"Florida","country":"United States","postalCode":"33480"},"tradeNames":[],"registration":{"secApproved":"24 May 2024","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":8710938.916666666,"staff":{"employees":3,"advisory":1,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":240970936,"discretionary":118230430,"discretionaryAccounts":171,"nonDiscretionary":122740506,"nonDiscretionaryAccounts":5,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":24,"regulatoryAum":209062534},{"label":"Pension and profit-sharing plans","clients":null,"fewerThan5":true,"regulatoryAum":31908402}],"feePrograms":[{"role":"main","program":"Wealth management services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014500","versionId":1014500,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-04","documentName":"BWM DISCLOSURE BROCHURE AND BROCHURE SUPPLEMENT","fee_rate_low":1,"fee_rate_high":2,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":10000}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T17:43:27.351507+00:00","documents":[{"name":"BWM DISCLOSURE BROCHURE AND BROCHURE SUPPLEMENT","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014500","versionId":1014500,"submittedOn":"2026-03-04"}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":70722973},{"name":"Merrill Lynch, Pierce, Fenner & Smith Incorporated","shortName":"Merrill Lynch, Pierce, Fenner & Smith","location":"New York, NY","smaAssets":31731593},{"name":"Blackstone Securities Partners L.P.","shortName":"Blackstone Securities Partners","location":"New York, NY","smaAssets":110193000}],"custodyNote":"Bassam Wealth Management has custody of $7.13M in client assets for 5 clients.","leadership":[{"name":"Ehsan Bassam","title":"Managing Member and Chief Compliance Officer","crd":"5406672"}],"ownership":[{"label":"Ehsan Bassam","detail":"Managing member and chief compliance officer in the 75% or more ownership band and a control person, since May 2024."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"2875 South Ocean BLVD, Suite 200-28","city":"Palm Beach","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"561-494-6391","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":8},{"label":"Non-exchange-traded equity securities","percent":51},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":19},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":13},{"label":"Cash and cash equivalents","percent":6},{"label":"Other","percent":1,"detail":"Transamerica Annuities"}],"privateFunds":0},"sources":{"adv1FilingDate":"4 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/330695/PDF/330695.pdf","brochureDate":"4 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1014500","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Bassam Wealth Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Bassam Wealth Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Bassam Wealth Management charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Bassam Wealth Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Bassam Wealth Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Bassam Wealth Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Bassam Wealth Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Bassam Wealth Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Bassam Wealth Management registered with the SEC?","answer":"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","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Bassam Wealth Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 4 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}