Bermuda Investment Advisory Services Limited
- Regulatory AUM
- $257M
- Discretionary
- $152M
- Clients
- 202
- Avg AUM / client
- $1.3M
- Accounts
- 202
- Employees
- 6
AUM over time
Annual snapshots from Form ADV filings · as of Sep 29, 2025
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 137 | $39.6M | 15.4% |
| High net worth individuals | 56 | $152M | 58.9% |
| Pooled investment vehicles (non-investment companies) | 3 | $43.7M | 17.0% |
| Pension and profit sharing plans | 2 | $19.8M | 7.69% |
| Charitable organizations | 4 | $2.7M | 1.05% |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Pires, Robert, Reese | Ceo/Chief Compliance Officer | Apr 1992 (34y) | 75% or more | |
| Melvin, Mark, Joseph | Shareholder | Aug 1994 (32y) | 5% – 10% | |
| Persson, Gun Ingela, Margareta | Director | Feb 2019 (8y) | Less than 5% | |
| Lockyer, Kenneth, Blandford | Director | Nov 2021 (5y) | Less than 5% | |
| Dally, Doyle, Ainsworth | Director | Aug 2022 (4y) | Less than 5% |
Undisclosed: 0% – 20% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 09/29/2025 | 1.07 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
Custody
Reported custodians
- Comerica Securities,Inc. $140M (54% of AUM) Sep 2025
- Charles Schwab & Co. $55.1M (21% of AUM) Sep 2025
- Morgan Stanley $26.4M (10% of AUM) Sep 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Sep 29, 2025.
View current Form ADV (SEC/IAPD) ↗