Bernard Caroli Wealth Management Inc.
- Regulatory AUM
- $470M
- Discretionary
- $470M
- Clients
- 224
- Avg AUM / client
- $2.1M
- Accounts
- 580
- Employees
- 6
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Feb 12, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 95 | $34.6M | 7.36% |
| High net worth individuals | 118 | $388M | 82.6% |
| Pooled investment vehicles (non-investment companies) | 2 | $17.9M | 3.82% |
| Charitable organizations | 2 | $13.8M | 2.93% |
| Corporations and other businesses | 7 | $15.5M | 3.3% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Jul 2024 · $10.0M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Bcs Family Fund, Lp | Other Private Fund | Delaware | $10.0M | 42 |
People (5)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Christopher Paul Bernard | Chief Compliance Officer, Director, Vice President, Shareholder | CFP CFA | Jun 2009 (17y) | 25% – 50% |
| David Baker Schiff | Director, Secretary And Shareholder | Jun 2009 (17y) | 10% – 25% | |
| John Arthur Caroli | Director, President And Shareholder | CFP | Jun 2009 (17y) | 25% – 50% |
| Craig David Cummings | Director And Shareholder | CFP | Feb 2018 (9y) | 25% – 50% |
| James Paul O'mealia | Registered representative | Jun 2023 (3y) |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
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.
Private funds (1, $10.0M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Bcs Family Fund, Lp | Other Private Fund | $10.0M | $500K | 42 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 02/12/2026 | 1.38 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
Custody
Reported custodians
- Charles Schwab & Co. $448M (95% of AUM) Feb 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having 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: Feb 12, 2026.
View current Form ADV (SEC/IAPD) ↗