Private fund adviser · GIG Harbor, WA
Benchmark Plus Management
Benchmark Plus Management, LLC · SEC-registered investment adviser · CRD 127471 · SEC 801-62490
At a glance
Benchmark Plus Management is an SEC-registered investment adviser based in GIG Harbor, Washington, with $767 million in regulatory assets under management as of its Form ADV filed March 31, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 2,595th of 4,686 private fund advisers and 6,247th of 17,210 SEC-registered advisers by assets.
Main office 253-573-0657bpfunds.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $767M
- Rank among private fund advisers
- #2,595 of 4,686
- Rank among all SEC RIAs
- #6,247 of 17,210
- Rank in Washington
- #75 of 271
- Clients
- 9
- Accounts
- 9
- Discretionary
- 100% of AUM
- Employees
- 5
- Advisory staff
- 2
- Offices
- 1
Owners and executives on its Form ADV
- Scott FranzblauOwner
- Robert S. FergusonCIO & Owner
- Steven A. CarrollCCO, CFO, & Owner
- Stephen R. WestphalOwner
Custody and brokerage
Custodian
Benchmark Plus Management’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 9 | $767M | 100% |
Private funds
Benchmark Plus Management reports 9 private funds with $767M in gross assets: hedge funds (Form ADV Item 7.B).
Disciplinary disclosures
Benchmark Plus Management reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for pooled investment vehicles
- Selecting other advisers
How it’s paid
- A percentage of assets under management
- Performance-based fees
Form ADV and brochures on the SEC’s adviser search ↗bpfunds.com ↗
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The full record on Benchmark Plus Management
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 2,231 peers of its type and size
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- Owners and executives, with titles and stakes
- 4 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Background
Questions
How much does Benchmark Plus Management manage?
Benchmark Plus Management reports $767 million in regulatory assets under management across 9 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 31, 2026.
What kind of firm is Benchmark Plus Management?
Benchmark Plus Management is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets.
Who are Benchmark Plus Management’s clients?
By assets, its largest client types are pooled investment vehicles ($767 million, 9 clients).
Does Benchmark Plus Management manage private funds?
Yes. It reports 9 private funds with $767 million in gross assets, including hedge funds.
Does Benchmark Plus Management have any disciplinary history?
Benchmark Plus Management reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Benchmark Plus Management’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-31), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →