# Spencer Davies

> Spencer Davies is a fee-only financial advisor at BGM in Bloomington, Minnesota, who holds the CFP credential. Spencer focuses on estate & legacy planning and small business owners. BGM reports charging a percentage of assets, hourly fees and fixed fees on its Form ADV.

Page: https://find.wellspent.co/advisors/spencer-davies/
Built from SEC adviser records and the firm's website; last checked October 30, 2026.

## Facts

- **Firm:** BGM
- **Based in:** Bloomington, Minnesota
- **Fee model (firm's Form ADV):** Percentage of assets; Hourly; Fixed fees
- **Assets under management (firm):** $517.5M across 889 accounts
- **Credentials:** CFP
- **Specialties:** Estate & legacy planning, Small business owners
- **Works with:** Executives
- **CRD:** 6730966 (https://adviserinfo.sec.gov/individual/summary/6730966)
- **SEC registration:** Investment adviser representative in CA, MN, TX, WI
- **Firm size:** 8 employees
- **Disclosures:** None reported
- **Website:** https://bgm360.com/

## Frequently asked questions

### Is Spencer Davies a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Spencer holds no broker registration, and BGM reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Spencer charge for financial advice?

Spencer's firm, BGM, reports charging a percentage of assets, hourly fees and fixed fees on its SEC Form ADV.

### Where is Spencer Davies based?

Spencer Davies is based in Bloomington, Minnesota.

### What does Spencer specialize in?

Spencer's specialties include estate & legacy planning and small business owners. Spencer works with executives.

### What credentials does Spencer Davies hold?

Spencer Davies holds the CFP credential.

### Is Spencer Davies registered with the SEC?

Yes. Spencer Davies is registered as an investment adviser representative in CA, MN, TX and WI (CRD 6730966), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does BGM manage?

BGM reports $517.5M across 889 accounts in assets under management.

### How do I contact Spencer Davies?

Through Spencer's website, bgm360.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/6730966): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026
- The firm's website (https://bgm360.com/): specialties, clients served, and fees, checked October 30, 2026

---

Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.