Adviser Record

Bernard L. Madoff Investment Securities LLC

Registered investment adviser · New York, NY · CRD #2625

Form ADV data as of 2026-09-01
Regulatory assets
$17.09 billion
Total accounts
23
Employees
Not reported
Disclosure events
2

Firm details

Disciplinary disclosures

This firm reports 1 disclosure question answered Yes, covering 2 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

Assets and accounts

Provides continuous and regular supervisory or management servicesYes
Discretionary regulatory assets under management$17.09 billion
Non-discretionary regulatory assets under management$0
Total regulatory assets under management$17.09 billion
Discretionary accounts23
Non-discretionary accounts0
Total accounts23

Custody

Has custody of client cash or bank accountsYes
Has custody of client securitiesYes
A related person has custody of client cash or bank accountsNo
A related person has custody of client securitiesNo

How the firm is compensated

Commissions

Advisory services offered

Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients

Other business activities

Broker-dealer (registered or unregistered)

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealer

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to: