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BMB Advisers
BMB Advisers is an SEC-registered investment adviser in Los Angeles, CA, registered since 2002. The firm manages $656 million in regulatory assets.
BMB Advisers
BMB Advisers is an SEC-registered investment adviser in Los Angeles, CA, registered since 2002. The firm manages $656 million in regulatory assets. It has 3 employees and 3 investment advisers.
General information
Firm type
Multi Family Office
Year founded
2010
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Los Angeles
Corporate office
Los Angeles, CA, United States
Principals
Behnam Barzideh
Managing Partner
Sector focus
Frequently asked questions
Who runs investment decisions at BMB Advisers?
Behnam Barzideh, the firm's founder and managing partner, leads all investment decisions. He oversees deal origination, underwriting, and structuring for both the private credit and real estate portfolios. BMB operates with a lean team, and major commitments require his direct approval.
How does BMB Advisers source its deal flow?
BMB sources transactions primarily through the professional networks of its client families and Barzideh's own relationships within the Los Angeles business community. The firm does not rely on intermediary-led auctions. Most private credit opportunities arrive through direct referrals from entrepreneurs, real estate operators, and professional-services firms connected to the Iranian-American business ecosystem.
Does BMB Advisers participate in fund commitments or only direct deals?
BMB focuses almost exclusively on direct transactions. The firm structures its own private credit loans and acquires real estate through single-purpose vehicles where it can negotiate terms, insert protective covenants, and co-invest alongside its families. Blind-pool fund commitments to external managers are rare and not a core part of the model.
What is BMB's known posture on co-investments alongside external GPs?
BMB generally does not co-invest with large institutional GPs as a passive minority LP. Instead, it syndicates deals among its own families, often retaining a principal stake in each transaction. This keeps economics within the firm's client base and avoids the timeline mismatches and fee layers that come with fund structures.
Does BMB Advisers maintain philanthropic structures?
BMB does not maintain a separate branded philanthropic foundation. However, the firm advises its families on charitable giving strategies, particularly donor-advised funds and private foundations that support causes in both the United States and the Middle East, reflecting the cross-border focus of its client base.
Which sectors does BMB Advisers explicitly avoid?
BMB avoids venture capital, early-stage technology, and publicly traded securities. The firm does not manage liquid portfolios or offer brokerage services. Its mandate is confined to private credit, direct real estate, and select private equity co-investments within industries where its principals and client families have operational expertise.
How is BMB Advisers compensated?
BMB earns economics through a combination of management fees on advised assets and carried interest on direct deals. Because the firm co-invests its own capital alongside its families, a material portion of its revenue comes from investment returns rather than fixed advisory fees, a structure designed to reduce the principal-agent tension common in wealth management.
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