Bh3 Fund Advisors LLC (Aventura)

Bh3 Fund Advisors LLC is an adviser based in Aventura. It manages $5.72 million of regulatory assets for 40 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Delaware.

Bh3 Fund Advisors provides fund management. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Bh3 Fund Advisors: assets under management

The assets under management (AUM) of Bh3 Fund Advisors LLC is $5.72 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.

The firm manages $5.72 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $142.91 thousand each.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Bh3 Fund Advisors LLC for their services and products based on performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Bh3 Fund Advisors serves?

The only and largest group of clients of Bh3 Fund Advisors is high net worth individuals with 40 clients and $5.72 million of assets under management. Among the 3 most similar advisory firms, Bh3 Fund Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $5.72 million for 40 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Bh3 Fund Advisors doesn't advise any private funds.

Careers at Bh3 Fund Advisors LLC

The company employs 11 people that are either part- or full-time employees. 36 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jarret Craig Freedman	Cco	1 Oct 2018	Other	7040486
Gregory Freedman	Member	1 Oct 2018	50% - 75%	7041117
Michelle Lynn Guber	Officer	1 Oct 2018	Other	5399299
Daniel Lebensohn	Member	1 Oct 2018	50% - 75%	7041121

Based in Aventura

The principal office where Bh3 Fund Advisors LLC performs its advisory services is located at 21500 Biscayne Boulevard, Suite 302, Aventura, FL 33180, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 954-416-3140. The normal business hours are 9-5 on Monday - Friday.