Beacon Global Advisor Network, LLC
Form CRS Customer Relationship Summary April 2023
Item 1: Introduction
Beacon Global Advisor Network, LLC (BGAN) is registered with the Securities and Exchange Commission
(SEC) as an investment adviser. Investment advisory services and fees differ, and it is important you understand
these differences. The SEC provides free and simple tools are available to research firms and financial
professionals and educational information at www.Investor.gov/CRS.
Item 2: Relationship and Services: What investment services and advice can you provide me?
- Asset management services using various investment products including mutual funds, exchanged traded
funds, stocks, bonds, alternative, and third-party managers. Portfolios can be customized or based on
model portfolios.
- Pension transfer advice for U.K. and other nationals, expatriates.
- Various financial planning, asset allocation and consulting services.
- There are no restrictions or limitations on the types of securities used in managed accounts. We monitor
your account on a continuous and ongoing basis. Our services are appropriate for all types of individuals
and small businesses. We do not have minimum requirements to utilize our services. However, some
third-party managers and model managed accounts have minimum account size requirements.
❖ For additional information, please refer to our Form ADV 2A, Items 4, 7, 8 and 16. This is available upon
request at no charge.
Conversation Starters. Ask your financial professional –
- Given my financial situation, should I choose an investment advisory service? Why or why not?
- How will you choose investments to recommend to me?
- What is your relevant experience, including your licenses, education and other qualifications? What do
these qualifications mean?
Item 3: Fees, Costs, Conflicts, and Standard of Conduct: What Fees will I pay?
You will pay fees and costs whether you make or lose money on your investments. Fees and costs affect the
value of your account over time. Please ask your financial professional to give you personalized
information on the fees and costs that you will pay.
The asset‐based fee reduces the value of your account and will be deducted from your account. Asset management
services are charged a percentage fee based on the value of your account (asset-based fee). Illiquid investments
are charged based on initial investment. U.K. pension transfer services are charged an initial percentage fee based
on the value of the transfer for initial analysis and an ongoing asset management fee. Financial planning and
consulting services incur fixed or hourly fees. Fees are charged quarterly or monthly.
Our fees vary and are negotiable. The amount you pay will depend on the financial professional you have
selected, program in which you participate, services you receive and the amount of assets in your account.
The more assets you have in the advisory account, including cash, the more you will pay us. We therefore have an
incentive to increase the assets in your account in order to increase our fees. You pay our fee even if you do not
buy or sell and whether your account increases or decreases. Your financial professional has a direct interest in
the fees charged to you and therefore has an incentive to maximize your fee.
Description of other fees and costs. You will pay transaction fees when we buy and sell investments for you and
fees to any custodian holding your assets. The most common categories of fees and costs applicable to your
account include: custodian fees, account setup and maintenance fees, fees related to mutual funds and variable
annuities, and other transactional and product-level fees assessed by products, platforms, or custodians. Some
investments (such as mutual funds, variable annuities, and alternative investments) impose additional fees that
will reduce the value of your investment over time. Also, certain investments such as variable annuities and
Beacon Global Advisor Network, LLC
Form CRS Customer Relationship Summary April 2023
insurance wrappers charge you surrender charges to sell or exit. Defined benefit UK pension schemes over
£30,000 incur the cost of an FCA regulated advisor to provide a transfer analysis report.
❖ For additional information: You will pay fees and costs whether you make or lose money on your
investments. Fees and costs will reduce any amount of money you make on your investments over time.
Please make sure you understand what fees and costs you are paying. Please see our Form ADV Part 2A Item
5, 8, 10, and 14 which is available upon request at no charge.
Conversation Starter: Ask your financial professional –
- Help me understand how these fees and costs might affect my investments. If I give you $10,000 to
invest, how much will go to fees and costs, and how much will be invested for me?
Standard of Conduct. When we act as your investment adviser, we must act in your best interest and not put
our interest ahead of yours. At the same time, the way we make money creates conflicts with your interests. You
should understand and ask us about these conflicts because they affect the investment advice we provide you.
Here are some examples to help you understand what this means.
- Proprietary managed models and products • Multiple levels of fees
Conversation Starter. Ask your financial professional –
- How might your conflicts of interest affect me, and how will you address them?
❖ For additional information, including other conflicts that may not be mentioned here, please see our Form
ADV Part 2A Items 4, 5, 8, 11, 12 and 14 which can be obtained, free of charge, upon request.
How do your financial professionals make money?
Our financial professionals have a direct interest in the fees charged to you and receive a portion of the advisory
fees we collect from your account. Their compensation increases as assets under their management increases.
They have an interest in offering you more products and services and maximizing their fees.
Item 4: Disciplinary History: Do you or your financial professionals have legal or disciplinary
history?
Yes. A free and simple search tool to research us and your financial professional(s) is available at
www.investor.gov/CRS.
Conversation Starter. Ask your financial professional –
- As a financial professional, do you have any disciplinary history? For what type of conduct?
Item 5: Additional Information
If you would like additional, up-to-date information or a copy of this disclosure or the ADV 2A, please visit
www.adviserinfo.sec.gov, our website at www.bganetwork.com, or call 888-679-6474 to request up-to-date
information and a copy of any disclosure brochure.
Conversation Starter. Ask your financial professional –
- Who is my primary contact person? Is he or she a representative of an investment adviser or a brokerdealer?
- Who can I talk to if I have concerns about how this person is treating me?