Five Decades of Service
Founded in 1964 as a brokerage firm serving individual clients, BLB&B has evolved with our clients and the larger financial landscape. While continuing to offer brokerage services to clients, BLB&B is now primarily a provider of fiduciary advice, planning, and investment management services to endowments, individuals, and families.
During five decades of serving clients from our offices in the Philadelphia metro area, we have stayed true to our original mission: to provide individually managed portfolios tailored to the unique needs and goals of each client, using a disciplined and relatively conservative investment approach.
While our investment philosophy and commitment to personal service have remained consistent, our professional staff, clientele, analytical tools, technology, and financial services have expanded considerably.
Our firm’s founder and one of his original partners remain closely associated with the business, but they have also achieved a smooth transition of the business operations to the next generation, including seven experienced portfolio managers with financial stakes in BLB&B.
Today, we work with families ― often several generations ― and small institutions (nonprofits, endowments, foundations, schools and churches). They turn to us for investment expertise and the quality of attention that’s hard to obtain at larger investment managers.
For all of these clients, we can offer the value-oriented equity investment management for which we were first known, fixed income investment management, and customized asset allocation. We can also provide expert retirement income planning as well as assistance in developing cash flow/budgeting, tax, estate, and risk management plans.
TIMELINE OF MILESTONES IN THE COMPANY’S HISTORY AND IN THE FINANCIAL INDUSTRY
THE BUSINESSES OF BLB&B
The various services a financial advisor can provide are regulated by different federal authorities. To ensure compliance with federal regulations and the proper safeguarding of our clients assets, we own and operate the following businesses.
BLB&B Advisors, LLC is an investment advisory firm registered with the Securities and Exchange Commission (SEC). Under this license, we provide clients with fiduciary advice, which requires that in making investment recommendations we consistently place their interests before our own. BLB&B does not trade assets in client accounts but, with client permission, can direct that trades be made by a securities broker-dealer.
BLB&B does not own or operate a custody service, and we encourage clients to engage a qualified custodian that best fits their needs. We offer access to two well-known and respected firms: First Clearing, a trade name of Wells Fargo Clearing Services, LLC, and Pershing, LLC, a subsidiary of BNY Mellon. We also work with a wide range of other custodians to accommodate client needs and preferences.