{"url":"https://nivawealth.com/firms/blue-investment-management-318610","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/318610","regulatoryAum":341389254,"crd":"318610","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5527118","suffix":null,"lastName":"COHN","firstName":"ILEANA","middleName":"MARIA"},{"crd":"2786357","suffix":null,"lastName":"DHODY","firstName":"SANJAN","middleName":"[NO MIDDLE NAME]"},{"crd":"3025358","suffix":null,"lastName":"FINEMAN","firstName":"CHERYL","middleName":"BETH"}],"total":3,"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":"2022-07-19","regulatoryAum":0,"clients":0,"employees":4,"offices":1},{"filedOn":"2023-03-24","regulatoryAum":169893567,"clients":16,"employees":3,"offices":1},{"filedOn":"2024-03-29","regulatoryAum":230758966,"clients":19,"employees":3,"offices":1},{"filedOn":"2025-03-31","regulatoryAum":259440175,"clients":29,"employees":3,"offices":1},{"filedOn":"2026-03-31","regulatoryAum":341389254,"clients":22,"employees":4,"offices":1}],"secFileNumber":"801-123591","legalName":"Blue Investment Management, LLC","displayName":"Blue Investment Management","slug":"blue-investment-management-318610","website":"https://blueig.com/","classification":{"segment":"individuals","segmentLabel":"Wealth 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and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":23383}],"feePrograms":[{"role":"main","program":"Investment Management Services","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1037392","versionId":1037392,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-31","documentName":"BIM ADV BROCHURE 2026","fee_rate_low":null,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T11:10:20.166939+00:00","documents":[{"name":"BIM ADV BROCHURE 2026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1037392","versionId":1037392,"submittedOn":"2026-03-31"}]},"custodians":[{"name":"Raymond James & Associates, Inc.","shortName":"Raymond James","location":"St. Petersburg, FL","smaAssets":326368802}],"custodyNote":"Blue Investment Management does not have custody of client assets.","leadership":[{"name":"Sanjan Dhody","title":"Chief Executive Officer","crd":"2786357"},{"name":"Ileana Cohn","title":"Chief Compliance Officer","crd":"5527118"},{"name":"Cheryl Fineman","title":"Chief Administrative Officer","crd":"3025358"}],"ownership":[{"label":"Blue Investment Partners, LLC","detail":"Managing member in the 75% or more ownership band and a control person, since February 2022."},{"label":"Sanjan Dhody","detail":"Indirect owner: a managing member of Blue Investment Partners, LLC in the 75% or more band and a control person, since February 2022.","parent":"Blue Investment Partners, LLC"}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"2340 Collins Avenue, Suite 604","city":"Miami Beach","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"305-433-4250","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"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":3},{"label":"Sovereign bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":1},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":2},{"label":"Cash and cash equivalents","percent":93}],"privateFunds":2},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/318610/PDF/318610.pdf","brochureDate":"31 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1037392","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 Blue Investment Management have?","answer":"Blue Investment Management has 22 clients and manages $341 million for them, as of March 2026. They include 22 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Blue Investment Management offer?","answer":"Blue Investment 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 Blue Investment Management charge?","answer":"Blue Investment Management charges up to 1.00% a year for its Investment Management Services. The fee is billed in advance and is negotiable.","source":"BIM ADV BROCHURE 2026, filed 31 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Blue Investment Management use?","answer":"Blue Investment Management’s separately managed account assets are held at Raymond James & Associates, Inc. (St. Petersburg, FL), with $326M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Blue Investment Management have?","answer":"Blue Investment Management has 3 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Blue Investment Management invest in?","answer":"At the end of its last fiscal year, Blue Investment Management’s separately managed accounts held 93% cash and equivalents, 3% exchange-traded equities, 2% pooled vehicles (private funds and similar), 1% sovereign bonds and 1% registered funds (mutual funds, ETFs, BDCs). It advises 2 private funds.","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 Blue Investment Management?","answer":"Blue Investment Management is owned through a holding company by Sanjan Dhody. Its direct owner is Blue Investment Partners, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Blue Investment Management get paid?","answer":"Blue Investment Management is paid through a percentage of assets under management and fixed fees. 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 Blue Investment Management registered with the SEC?","answer":"Yes, Blue Investment Management has been registered with the SEC as an investment adviser since 31 March 2022. Its CRD number is 318610 and its SEC file number is 801-123591.","source":"Form ADV Part 1A, Item 1, filed 31 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Blue Investment Management?","answer":"Blue Investment Management’s main office is at 2340 Collins Avenue, Suite 604, Miami Beach, FL 33139. Its phone number is 305-433-4250. Its website is blueig.com.","source":"Form ADV Part 1A, Item 1.F, filed 31 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."}