{"url":"https://nivawealth.com/firms/bernardi-asset-management-120110","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/120110","regulatoryAum":330996086,"crd":"120110","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5545410","suffix":null,"lastName":"BERNARDI","firstName":"MATTHEW","middleName":"P"},{"crd":"726070","suffix":null,"lastName":"BERNARDI","firstName":"RONALD","middleName":"PIACENTINI"},{"crd":"6419579","suffix":null,"lastName":"BERNARDI","firstName":"THOMAS","middleName":"P"},{"crd":"716281","suffix":null,"lastName":"BIONDI","firstName":"ROBERT","middleName":null},{"crd":"4419409","suffix":null,"lastName":"BLASKO","firstName":"EMILY","middleName":"NEILL"},{"crd":"7009633","suffix":null,"lastName":"CRONIN","firstName":"ZACHARY","middleName":"ANDREW"},{"crd":"2228055","suffix":null,"lastName":"IRISH","firstName":"JEFFREY","middleName":"DAVID"},{"crd":"1906166","suffix":null,"lastName":"MANNION","firstName":"RODNEY","middleName":"JOHN"},{"crd":"5570031","suffix":null,"lastName":"RAINES","firstName":"PETER","middleName":"EUGENE"},{"crd":"1029968","suffix":null,"lastName":"SHOBERT","firstName":"MARTY","middleName":"LEE"},{"crd":"4997693","suffix":null,"lastName":"TRANAS","firstName":"JOHN","middleName":null},{"crd":"5207840","suffix":null,"lastName":"ZENISEK","firstName":"DANIEL","middleName":"J"}],"total":12,"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":"2021-06-02","regulatoryAum":221670541,"clients":78,"employees":11,"offices":1},{"filedOn":"2022-05-09","regulatoryAum":220182070,"clients":86,"employees":14,"offices":1},{"filedOn":"2023-04-14","regulatoryAum":289572159,"clients":81,"employees":15,"offices":1},{"filedOn":"2024-01-04","regulatoryAum":348487119,"clients":87,"employees":16,"offices":1},{"filedOn":"2024-11-20","regulatoryAum":339933599,"clients":75,"employees":21,"offices":1},{"filedOn":"2025-11-19","regulatoryAum":330996086,"clients":69,"employees":22,"offices":1}],"secFileNumber":"801-68608","legalName":"Bernardi Asset Management, LLC","displayName":"Bernardi Asset Management","slug":"bernardi-asset-management-120110","website":"https://bernardisecurities.com/","classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_asset_manager","typeLabel":"Asset manager","feeDisclosure":"payment_only"},"xUrl":"https://twitter.com/BernardiMuni","founded":null,"organization":"Illinois limited liability company","fiscalYearEnd":"September","headquarters":{"street":"423 Central Avenue","city":"Northfield","state":"IL","stateName":"Illinois","country":"United States","postalCode":"60093"},"tradeNames":[],"registration":{"secApproved":"2 January 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member/corporation in the 75% or more ownership band and a control person, since August 2000."},{"label":"Ronald Bernardi","detail":"Indirect owner: a president & ceo of Bernardi Securities, Inc. in the 50% to 75% band and a control person, since September 1984.","parent":"Bernardi Securities, Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Illinois","offices":1,"addresses":[{"street":"423 Central Avenue","city":"Northfield","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"312-281-2021","stateRegisteredReps":12,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":80},{"label":"Investment grade corporate bonds","percent":4},{"label":"Cash and cash equivalents","percent":15}],"privateFunds":0},"sources":{"adv1FilingDate":"19 November 2025","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/120110/PDF/120110.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Bernardi Asset Management have?","answer":"Bernardi Asset Management has 69 clients and manages $331 million for them, as of November 2025. They include 28 high-net-worth individuals, 26 individual clients and 7 other investment advisers.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 19 November 2025","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Bernardi Asset Management offer?","answer":"Bernardi Asset Management provides portfolio management for individuals and small businesses and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Bernardi Asset Management use?","answer":"Bernardi Asset Management’s separately managed account assets are held at Pershing LLC (Jersey City, NJ), with $163M, Charles Schwab & Co., Inc. (San Francisco, CA), with $96.4M and Wells Fargo Clearing Services, LLC (St. Louis, MO), with $56.7M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 November 2025","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Bernardi Asset Management have?","answer":"Bernardi Asset Management has 12 investment adviser representatives registered with state securities authorities, out of 22 employees, and 10 perform investment advisory functions. 17 employees are registered representatives of a broker-dealer and 0 employees are licensed insurance agents.","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 Bernardi Asset Management invest in?","answer":"At the end of its last fiscal year, Bernardi Asset Management’s separately managed accounts held 80% state and local bonds, 15% cash and equivalents, 4% investment grade corporate bonds and 1% U.S. government and agency bonds.","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 Bernardi Asset Management?","answer":"Bernardi Asset Management is owned through a holding company by Ronald Bernardi. Its direct owner is Bernardi Securities, Inc. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 19 November 2025","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Bernardi Asset Management get paid?","answer":"Bernardi Asset 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":"How do I contact Bernardi Asset Management?","answer":"Bernardi Asset Management’s main office is at 423 Central Avenue, Northfield, IL 60093. Its phone number is 312-281-2021. Its website is bernardisecurities.com.","source":"Form ADV Part 1A, Item 1.F, filed 19 November 2025","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."}