BL
Bao G. Ly
OPAL ADVISORS
BELLEVUE, WA 98005
Some features on this profile are disabled
CRD#: 7338510
BL
Professional summary
Bao Gia Ly is a registered financial advisor currently at OPAL ADVISORS located in Bellevue, Washington.
Bao is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2021. Bao has worked at 1 firm and has passed the Series 65 exam.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
None
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
Mr. Ly is the COO of Bellevue Funding and holds his ownership through BF Management LLC which is the manager of Bellevue Funding LLC ("Bellevue"). Bellevue makes loans on real estate on an opportunistic basis. Mr. Ly's role with Bellevue requires 15-25 hours per week (up to 40% during securities trading hours). Mr. Ly is a licensed Real Estate Broker. Although Mr. Ly has his real estate license, he does not plan to actively work in this area and will only do very minimal work. He will only allocate 5% of his time per month. Mr. Ly is a licensed insurance agent. This activity may create a conflict of interest since there is an incentive to recommend insurance products based on commissions or other benefits received from the insurance company, rather than on the client's needs. Opal addresses this conflict of interest by requiring its supervised persons to act in the best interest of the client at all times, including when acting as an insurance agent.
CRS (Client Relationship Summary) - RIA
Click below to view Bao Gia Ly's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
NoneExperience
Current
November 1, 2021 - Present
OPAL ADVISORS
Office #1: 3150 Richards Road Suite 240, Bellevue, WA 98005RIA
CRD#: 164014
BELLEVUE, WA
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
OA
OPAL ADVISORS
N/A | OPAL ADVISORS, LLC | OPAL ADVISORS
CRD#: 164014 / SEC#: 801-132775
RIA
Registered Investment Advisory firm - (5/12/2025 Approved)California
Registered Investment Advisory firm - (6/20/2025 Terminated)Idaho
Registered Investment Advisory firm - (5/30/2025 Terminated)Oregon
Registered Investment Advisory firm - (5/22/2025 Terminated)Texas
Registered Investment Advisory firm - (5/21/2025 Terminated)Washington
Registered Investment Advisory firm - (6/21/2025 Terminated)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.Highlighted states indicate IAR registrations
IAR
Washington(11/1/2021)
Current Firm
OA
OPAL ADVISORS
N/A | OPAL ADVISORS, LLC | OPAL ADVISORS
CRD#: 164014 / SEC#: 801-132775
RIA
Registered Investment Advisory firm - (5/12/2025 Approved)California
Registered Investment Advisory firm - (6/20/2025 Terminated)Idaho
Registered Investment Advisory firm - (5/30/2025 Terminated)Oregon
Registered Investment Advisory firm - (5/22/2025 Terminated)Texas
Registered Investment Advisory firm - (5/21/2025 Terminated)Washington
Registered Investment Advisory firm - (6/21/2025 Terminated)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
3150 Richards Road Suite 240, Bellevue, WA 98005
Mailing Address
Phone number
(425) 835-3276
Established
Firm type
Fiscal year end
# of Employees
4
SEC notice filing (5 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 344 |
| AUM (Assets Under Management) | $ 121,504,152 |
Red Flags
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Check for any disclosures as part of your thorough research when choosing an advisor.
