Beta Management LLC

Beta Management LLC refers high‑net‑worth individuals to other registered investment advisers rather than providing direct portfolio management or custody services itself. The firm's brochure notes that a majority of its clientele will be non‑U.S. persons.

Beta's sole function is to vet and recommend outside advisers under a Professional Alliance Agreement; it is compensated by the advisers it refers rather than charging advisory fees to clients directly. The firm says it evaluates recommended firms on professionalism, integrity and competence, and clients retain sole discretion to accept referrals or pursue other providers.

Distinctive aspects include an unusually large non‑U.S. client concentration and an explicit focus on high‑net‑worth clients while excluding non‑HNW individual clients. The brochure also discloses that the sole principal derives substantial income and time from other business activities — operating a New York property management firm that serves international clients and working as a flight attendant — which the firm identifies as occupying a significant portion of her time.