BLB & B Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, educational seminars, business succession planning, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 500 clients last fiscal year.
BLB & B Advisors reports 1,632 clients. They include 842 individual clients, 678 high-net-worth individuals, and 55 pension and profit-sharing plans. Of its assets, 98.5% ($3.21B across 3,913 accounts) are managed with discretion; $48M across 44 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 52% | 8% |
| High-net-worth individuals | 42% | 75% |
| Pension and profit-sharing plans | 3% | 7% |
| Charitable organizations | 3% | 7% |
| Corporations and other businesses | <1% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 842 | $261M | 8.0% | $310K |
| High-net-worth individuals | 678 | $2.44B | 75.0% | $3.6M |
| Pension and profit-sharing plans | 55 | $222M | 6.8% | $4.04M |
| Charitable organizations | 42 | $243M | 7.5% | $5.78M |
| Corporations and other businesses | 15 | $87.3M | 2.7% | $5.82M |
| Total | 1,632 | $3.26B | 100% | $1.99M |
- Clients
- 842
- Regulatory AUM
- $261M
- AUM share
- 8.0%
- Avg. per client
- $310K
- Clients
- 678
- Regulatory AUM
- $2.44B
- AUM share
- 75.0%
- Avg. per client
- $3.6M
- Clients
- 55
- Regulatory AUM
- $222M
- AUM share
- 6.8%
- Avg. per client
- $4.04M
- Clients
- 42
- Regulatory AUM
- $243M
- AUM share
- 7.5%
- Avg. per client
- $5.78M
- Clients
- 15
- Regulatory AUM
- $87.3M
- AUM share
- 2.7%
- Avg. per client
- $5.82M
Total
- Clients
- 1,632
- Regulatory AUM
- $3.26B
- AUM share
- 100%
- Avg. per client
- $1.99M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 500
BLB & B Advisors charges 0.40%–1.00% a year for its Investment management fees. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M–$2M | 0.85% |
| $2M–$5M | 0.70% |
| $5M–$10M | 0.55% |
| $10M and above | 0.40% |
Fee details and sources
Other fees
- Financial planning only
- Financial planning without investment management is $2,500 to $10,000 for the initial plan, half paid as a deposit; ongoing planning is an annual fee billed quarterly in arrears.
BLB&B Holdings, LLC owns 75% or more of BLB & B Advisors and is in turn owned by Clifford Haugen (25–50%) and John Lawton (25–50%). The leadership team of BLB & B Advisors includes President Shawn Hoffman, Chief Financial Officer William Karrash and Chief Compliance Officer Christopher Brown. It has 32 employees, 12 of them in advisory roles.
Staff
- 32 employees
- 12 in advisory functions
- 12 state-registered reps
- 1 insurance agent
- Owns 75% or more of BLB & B Advisors, LLC
BLB&B Holdings, LLC
Control person · since January 2012
- Owns 25% to 50% of BLB&B Holdings, LLC
Clifford Haugen
Control person · since January 2026
- Owns 25% to 50% of BLB&B Holdings, LLC
John Lawton
Control person · since January 2026
William Karrash
Partner · Control person · since January 2026
Robb Parlanti
Partner · Control person · since January 2026
BLB & B Advisors’ regulatory assets grew 1.9× from $1.69B (March 2021) to $3.26B (September 2026); clients rose from 1,164 to 1,632 and employees from 26 to 32.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $3.26B | 1,632 | 32 | 1 |
| Mar 2025March 2025 | $2.74B | 1,515 | 28 | 1 |
| Mar 2024March 2024 | $2.3B | 1,337 | 29 | 1 |
| Mar 2023March 2023 | $1.88B | 1,284 | 26 | 1 |
| Mar 2022March 2022 | $2.07B | 1,219 | 26 | 1 |
| Mar 2021March 2021 | $1.69B | 1,164 | 26 | 1 |
Besides its headquarters, BLB & B Advisors has 0 offices, with 1 listed address in 1 state.
Pennsylvania · 1 listed address
- 103 Montgomery Avenue, MontgomeryvilleHQ
Contact and registration details
- Legal name
- BLB & B Advisors, LLC
- Headquarters
- 103 Montgomery Avenue, Montgomeryville, PA 18936
- Website
- blbb.com
- Phone
- 215-643-9100
- @blbbadvisorsllc
- SEC file
- 801-65840
- Structure
- Pennsylvania LLC
- Fiscal year end
- December
BLB & B Advisors’ named custodians for separately managed accounts are Pershing ($2.06B, 73%), Fidelity ($424M, 15%) and Trade-PMR ($350M, 12%). BLB & B Advisors has custody of $127M for 19 clients.
- PershingPershing LLC · Jersey City, NJ · $2.06B73%
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $424M15%
- Trade-PMRTrade-PMR Inc. · Gainesville, FL · $350M12%
At year end, BLB & B Advisors’ separately managed accounts were mostly in funds (53%) and stocks (33%). Its reported 13F holdings for the quarter ended 30 June 2026 total $2.73B across 286 positions; the largest are Vanguard Tax-managed Fds (9.3%), iShares TR (8.3%) and iShares TR (7.5%).
What the accounts hold
- Stocks33%
- Funds53%
- Bonds12%
- State and local bonds5%
- Investment grade corporate bonds5%
- U.S. government and agency bonds2%
- Cash2%
How many clients does BLB & B Advisors have?
BLB & B Advisors has 1,632 clients and manages $3.26 billion for them, as of September 2026. They include 842 individual clients, 678 high-net-worth individuals, and 55 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 September 2026
What services does BLB & B Advisors offer?
BLB & B Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, educational seminars, business succession planning, education planning, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does BLB & B Advisors charge?
BLB & B Advisors charges 0.40%–1.00% a year for its Investment management fees. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
Which custodians does BLB & B Advisors use?
BLB & B Advisors’ separately managed account assets are held at Pershing LLC (Jersey City, NJ), with $2.06B, Fidelity Brokerage Services LLC (Smithfield, RI), with $424M and Trade-PMR Inc. (Gainesville, FL), with $350M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 September 2026
How many financial advisors does BLB & B Advisors have?
BLB & B Advisors has 12 investment adviser representatives registered with state securities authorities, out of 32 employees, and 12 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 BLB & B Advisors invest in?
At the end of its last fiscal year, BLB & B Advisors’ separately managed accounts held 53% registered funds (mutual funds, ETFs, BDCs), 33% exchange-traded equities, 5% state and local bonds, 5% investment grade corporate bonds, 2% U.S. government and agency bonds and 2% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns BLB & B Advisors?
BLB & B Advisors is owned through a holding company by Clifford Haugen and John Lawton. Its direct owner is BLB&B Holdings, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 1 September 2026
How does BLB & B Advisors get paid?
BLB & B Advisors is paid through a percentage of assets under management, fixed fees and other compensation. 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
How do I contact BLB & B Advisors?
BLB & B Advisors’ main office is at 103 Montgomery Avenue, Montgomeryville, PA 18936. Its phone number is 215-643-9100. Its website is blbb.com.