Wealth manager, independent · Montgomeryville, PA
Blbb Advisors
BLB & B Advisors, LLC · SEC-registered investment adviser · CRD 139096 · SEC 801-65840
At a glance
Blbb Advisors is an SEC-registered investment adviser based in Montgomeryville, Pennsylvania, with $3.3B in regulatory assets under management as of its Form ADV filed September 1, 2026. It reports 1,520 individual clients, 678 of them high-net-worth, holding an average of about $1.8 million each, and 32 employees. That ranks it 326th among the nation’s 5,657 independent wealth management RIAs and 23rd of 260 in Pennsylvania. It reports 3 custodians for its clients’ separately managed accounts: BNY Pershing, Fidelity and TradePMR / Robinhood.
Main office 215-643-9100blbb.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $3.3B
- Rank among independent wealth managers
- #326 of 5,657
- Rank among all SEC RIAs
- #2,699 of 17,210
- Rank in Pennsylvania
- #23 of 260
- Individual clients
- 1,520
- High-net-worth clients
- 678
- Accounts
- 3,957
- Discretionary
- 99% of AUM
- Employees
- 32
- Advisory staff
- 12
- Offices
- 1
Owners and executives on its Form ADV
- Clifford P. HaugenManagement
- John T. LawtonManagement
- William D. KarrashChief Financial Officer
- Christopher F. BrownChief Compliance Officer
- Shawn P. HoffmanPresident
Custody and brokerage
Broker-dealer
No broker-dealer ties
Blbb Advisors reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 678 | $2.4B | 75% |
| Individuals | 842 | $261M | 8% |
| Charitable organizations | 42 | $243M | 7% |
| Pension and profit sharing plans | 55 | $222M | 7% |
| Corporations or other businesses | 15 | $87M | 3% |
Disciplinary disclosures
Blbb Advisors reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Pension consulting
- Selecting other advisers
- Educational seminars and workshops
- Other services
How it’s paid
- A percentage of assets under management
- Fixed fees
- Other
Form ADV and brochures on the SEC’s adviser search ↗blbb.com ↗
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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 1,247 peers of its type and size
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- Owners and executives, with titles and stakes
- 5 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Pennsylvania
All of Pennsylvania →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Kathmere Capital Management, LLCWayne | $3.5B | 750 |
| Wedmont Private CapitalWest Chester | $3.4B | 496 |
| Schneider Downs Wealth Management Advisors, LPPittsburgh | $3.3B | 663 |
| Roffman Miller Associates IncPhiladelphia | $3.2B | 1,598 |
| Girard Advisory Services, LLCKing of Prussia | $3.2B | 2,350 |
| Gibson Capital, LLCWexford | $3.0B | 222 |
Background
Questions
How much does Blbb Advisors manage?
Blbb Advisors reports $3.3B in regulatory assets under management across 3,957 accounts, 99% of it on a discretionary basis, on its Form ADV filed September 1, 2026.
How many clients does Blbb Advisors have?
It reports 1,520 individual clients: 678 high-net-worth individuals and 842 other individuals. Individuals account for about 83% of its regulatory assets.
Where is Blbb Advisors headquartered?
Its main office is in Montgomeryville, Pennsylvania. It reports 1 office in total and 32 employees, 12 of whom perform investment advisory functions.
How does Blbb Advisors charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; fixed fees; other. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Blbb Advisors use?
It reports 3 custodians for its clients’ separately managed accounts: BNY Pershing, Fidelity and TradePMR / Robinhood. On Schedule D of its Form ADV filed September 1, 2026, it reports these amounts held: BNY Pershing ($2.1B); Fidelity ($424M); TradePMR / Robinhood ($350M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Blbb Advisors a hybrid RIA with a broker-dealer?
Blbb Advisors reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Blbb Advisors a fiduciary?
As an SEC-registered investment adviser, Blbb Advisors owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Blbb Advisors’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 (2026-09-01), 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). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. 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 →