Bernardi Asset Management, Llc
- Regulatory AUM
- $331M
- Discretionary
- $331M
- Clients
- 69
- Avg AUM / client
- $4.8M
- Accounts
- 146
- Employees
- 22
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Nov 19, 2025
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 26 | $3.6M | 1.08% |
| High net worth individuals | 28 | $137M | 41.5% |
| State or municipal government entities | 5 | $35.4M | 10.7% |
| Other investment advisers | 7 | $121M | 36.6% |
| Insurance companies | 1 | $16.8M | 5.07% |
| Corporations and other businesses | 2 | $16.7M | 5.05% |
People (13)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Ronald Piacentini Bernardi | President & Ceo | Sep 1984 (42y) | ≈ 37.5% – 75% via Bernardi Securities, Inc. | |
| Landis, Michelle, Bernardi | Secretary | May 2001 (25y) | Less than 5% | |
| Matthew P Bernardi | Senior Vice President | Jan 2015 (12y) | Less than 5% | |
| Thomas P Bernardi | Senior Vice President/Chief Compliance Officer | CFA | May 2015 (11y) | Less than 5% |
| John Tranas | Registered representative | Aug 2007 (19y) | ||
| Jeffrey David Irish | Registered representative | Oct 2007 (19y) | ||
| Rodney John Mannion | Registered representative | Apr 2016 (10y) | ||
| Daniel J Zenisek | Registered representative | Jul 2016 (10y) | ||
| Marty Lee Shobert | Registered representative | Feb 2017 (10y) | ||
| Robert Biondi | Registered representative | Jul 2020 (6y) | ||
| Zachary Andrew Cronin | Registered representative | Nov 2021 (5y) | ||
| Peter Eugene Raines | Registered representative | CFA | Dec 2023 (3y) | |
| Emily Neill Blasko | Registered representative | Jul 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Bernardi Securities, Inc. | Managing Member/Corporations | Aug 2000 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Ronald Piacentini Bernardi: 50% – 75% of Bernardi Securities, Inc. × 75% – 100% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 11/19/2025 | 1.11 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: THE SECURITIES & EXCHANGE COMMISSION ALLEGES THAT BERNARDI SECURITIES, INC. VIOLATED SECTION 17(A)(2) OF THE SECURITIES ACT OF 1933. Status: Final Sanction Detail: $100,000.00 PAID 6/25/2015 Summary: BSI VOLUNTARILY PARTICIPATED IN THE SEC'S INDUSTRY-WIDE MUNICIPAL CONTINUING DISCLOSURE COOPERATION INITIATIVE PERTAINING TO COMPLIANCE WITH SEC RULE 15C2-12, WHICH REQUIRES, AMONG OTHER THINGS, THAT AN OFFICIAL STATEMENT IN CONNECTION WITH A MUNICIPAL BOND OFFERING IDENTIFY ANY MATERIAL INSTANCES OF THE MUNICIPAL ISSUER'S NONCOMPLIANCE WITH ANY UNDERTAKING TO FILE CERTAIN FINANCIAL INFORMATION AND EVENT NOTICES FOR THE FIVE YEARS PRECEDING THE OFFERING. BSI'S PARTICIPATION RESULTED IN THE ENTRY OF AN AGREED-UPON ORDER INSTITUTING PROCEEDINGS, DATED 6/18/15. THE ORDER INCLUDED THE FOLLOWING TERMS: CENSURE, FINE OF $100,000, CEASE AND DESIST FROM FUTURE VIOLATIONS OF SECTION 17(A)(2) OF THE SECURITIES ACT OF 1933, AND A REQUIREMENT FOR AN INDEPENDENT CONSULTANT TO REVIEW AND MAKE PROCEDURE RECOMMENDATIONS.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Pershing $163M (49% of AUM) Nov 2025
- Charles Schwab & Co. $96.4M (29% of AUM) Nov 2025
- Wells Fargo $56.7M (17% of AUM) Nov 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Nov 19, 2025.
View current Form ADV (SEC/IAPD) ↗