Beam Wealth Advisors, Inc. fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 31, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$100⁠-⁠$400/hr

“These fees are negotiable but generally range from $600 to $15,000 on a fixed fee basis and/or from $100 to $400 on an hourly basis, depending upon the scope and complexity of the services provided.”

Flat or project fee

$600⁠-⁠$15,000

From the same sentence as above.

Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)

How Beam Wealth Advisors, Inc. bills

Payment and refund terms, quoted from the fee section of the brochure.

• “Financial planning fees are billed quarterly in advance, while any hourly charges will be billed in arrears.”
• “The annual fee is prorated and charged either monthly or quarterly, in arrears or in advance, based upon the method selected in the Investment Advisory Agreement and the billable market value of the assets being managed by BEAM on the billing valuation date.”
• “Advisory fees will be prorated to reflect cash flows (including deposits and withdrawals) occurring during the applicable billing period, whether monthly or quarterly.”

How Beam Wealth Advisors, Inc.’s fees compare

• Its hourly rate of $100-$400 spans the Louisiana median of $250. 40% of the 45 other Louisiana planners that publish an hourly rate charge less.
• Its flat or project fee of $600-$15,000 spans the Louisiana median of $3,250. 83% of the 40 other Louisiana planners that publish a flat or project fee charge less.
• 2 of the 2 other planners in Covington that publish a flat or project fee charge less.

About Beam Wealth Advisors, Inc.

• Firm size: 27 employees.
• Founded: 1985 (41 years).

Planning areas mentioned in the brochure

• Retirement planning
• Tax planning
• College planning
• Charitable giving

Firm details from Form ADV

How the firm is paid

Hourly fees, fixed or flat fees, percentage of assets under management

Charges a % of assets

Yes

Highest asset based fee in brochure

1% a year

Clients

2,207

Employees

27

Works with

Individuals, high net worth individuals, pension and profit sharing plans, charities, and businesses

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, portfolio management for businesses and institutions, pension consulting, selecting other advisers, market timing, educational seminars and workshops, and other services

Assets managed

$1,600,547,274

Registered with

U.S. Securities and Exchange Commission

Disciplinary disclosures

None reported

SEC CRD number

109867

Website

beamwealth.com (opens in new tab)

Phone

(985) 893-1440

Can advise clients in 35 states: Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Louisiana, Massachusetts, Maryland, Maine, Minnesota, Missouri, Mississippi, North Carolina, New Hampshire, New Jersey, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wyoming

Other planners in Covington that publish fees

• Advocacy Financial LLCCovington$250/hr, $1,000⁠-⁠$10,000
• Smith Securities LLCCovington$500
• A.b. Ridgeway Wealth Management LLCLafayette$1,000⁠-⁠$2,500, $97⁠-⁠$833/mo
• Adkins Seale Capital Management LLCShreveport$250⁠-⁠$500/hr, $1,500⁠-⁠$5,500
• Argent Advisors, Inc.Ruston$150/hr, $1,000⁠-⁠$5,000
• Avant Capital, LLCLafayette$200/hr, $1,500

Compare all 7 planners in Covington