BamSEC alternatives: what each one costs and what it actually does

BamSEC does one job and does it quickly: it makes SEC filings and earnings transcripts easy to navigate, search, quote and export. If you are reading this you have probably hit one of its edges, most often the price, the annual-only billing, or the fact that it retrieves documents rather than answering questions about them.

This page lists what BamSEC costs today, what it includes, and twelve tools people move to, with the price each one publishes. Midas is one of them and we build it, so treat that section accordingly. The rest of the page is written to be useful whether or not you ever try us.

Highlights

• BamSEC lists one self-serve plan, Pro, at $69 a month billed annually. No monthly option appears on its pricing page.
• BamSEC has been part of AlphaSense since July 2024. AlphaSense states it continues as a standalone product. No sunset has been announced.
• The free tier is not a working tier. BamSEC's own comparison table has no features ticked in the Free column.
• If you only need to search filing text, EDGAR full-text search does it for free, back to 2001.
• If you need AI answers that cite the filing line they came from, that is a different category of tool, and it starts around $10 a month.

What BamSEC costs

One detail worth knowing before you compare anything: several comparison pages online quote a $99 monthly BamSEC price. That figure is not on BamSEC's pricing page. As of 26 August 2026 the only price shown is $69 a month billed annually, so budget for roughly $828 a year paid up front.

What you get for it

BamSEC's pricing page lists these features against Pro: all-company document search, all-company search and filing alerts, company-level document search, download tables to Excel, similar tables, merge tables, earnings and event transcripts, filings, watched-company email alerts, notable ownership alerts, highlighting, shareable link to text, document comparison, insider transactions, institutional owners and holdings, key exhibits, instant filtering, and clean PDFs.

Two of those are stronger than they sound. Merge tables pulls the same table across prior periods into one export, which is the feature long-time users say they cannot leave. Shareable link to text creates a URL pointing at a specific line or table, which is why BamSEC links turn up in forum threads as the standard way to point a colleague at a filing.

On transcripts, BamSEC states its source is Standard and Poor's, with coverage back to 2007, and notes that S&P excludes some companies for low market cap, low trading volume or similar reasons.

Search supports quoted phrases, bracketed proximity searches with an adjustable word distance, and boolean AND, OR and NOT. Screening filters cover industry, market cap, document type and your watch list.

Why people look elsewhere

Four reasons come up repeatedly.

The billing. $69 a month is only available annually, so the real decision is an $828 commitment, and there is no published monthly escape hatch.

The scope. BamSEC finds and displays documents. It does not summarise them, answer questions across them, or tell you what changed since the last filing. That is a design choice rather than a defect, and a chunk of its user base actively wants it kept that way, but it means the reading still lands on you.

No API and no bulk export beyond tables. If you want to feed filings into your own models or scripts, BamSEC is a user interface and nothing else.

The ownership question. BamSEC was acquired by Tegus in 2021, and AlphaSense acquired Tegus in July 2024. AlphaSense's own page says BamSEC continues to serve as a standalone solution for fast, self-serve SEC filing and transcript research, and no discontinuation or migration has been announced. Worth knowing as context: Sentieo, which AlphaSense acquired in 2022, is now presented as merged into AlphaSense rather than sold separately. That is a precedent, not a prediction.

Where BamSEC still wins

If any of these matter to you, most of the tools below are a downgrade.

Licensed transcripts back to 2007 from S&P. Most free and cheap alternatives either have no transcripts or scrape them.

Table export with prior periods merged. Nothing else on this list does the merged-periods export as cleanly.

A link that points at one line. Small feature, heavily used, rarely copied properly.

A decade of a search index analysts already trust, with no learning curve. Switching costs are real and mostly unmeasured.

The alternatives

If you mostly needed search

EDGAR full-text search covers filings since 2001, costs nothing, and needs no account. It is slower and uglier than BamSEC and has no transcripts, no alerts and no table export. A meaningful number of BamSEC subscriptions are paying for polish on top of a free government tool, and it is worth ten minutes with EDGAR to find out whether you are one of them.

edgartools is the same answer for people who write code. It is free under an MIT licence, parses financial statements, insider trades and fund holdings, and is actively released. Beat and Raise sits between the two: free, semantic search, filings back to 1995, and an MCP server if you want to point an AI assistant at it.

If you wanted the reading done for you

PublicView is the cheapest way in at $9.99 a month, with daily caps on analyses. Last10K is the same price after its trial and is aimed at digesting annual and quarterly reports. Neither has the filing coverage or the transcript licensing BamSEC has, and both are consumer-priced for a reason.

If you need an API

edgar.tools publishes a free tier with 100 API calls a day, a $30 monthly Professional plan, and a $999 annual Analyst plan. This is the closest thing on the list to BamSEC plus programmatic access.

If you are moving up rather than sideways

AlphaSense does not publish prices. It says only that it offers annual subscriptions ranging from enterprise packages to per-seat options. For an order of magnitude, procurement data aggregator Vendr reports an average contract value of $17,500 a year across 38 purchases, with a range from $9,250 to $51,000, on a page last updated February 2026. That is third-party data rather than a list price, so treat it as a bracket rather than a quote.

Quartr Pro is also quote-only, though the mobile app is free and covers live calls, transcripts, slides and filings.

Where Midas fits

We built Midas because the reading is the bottleneck, not the finding. It answers questions across filings and returns the figure with a citation back to the source document, builds dashboards and screeners from a plain-English description, and runs agents that monitor your names between filings.

Pricing is Free at $0 with 150 monthly credits, Investor from $39 a month or $390 a year, Professional from $149 a month or $1,490 a year, Fund from $499 a month or $4,990 a year, then Enterprise on request. Annual billing charges ten months instead of twelve, so it saves about 17%. There is a 7-day free trial.

What we would not claim: Midas is not a drop-in replacement for BamSEC's merged table exports, and if your workflow is built around linking colleagues to a specific line of a specific filing, check that we do it well enough for you before switching. The honest test is a fortnight with both.

How to choose

Start with what you actually did last week. If it was finding filings and reading them yourself, BamSEC at $828 a year is competing with a free government search engine, and the gap you are paying for is speed and table export. If it was answering questions from filings, comparing periods, or explaining what changed to someone else, you are paying BamSEC for the first half of a job and doing the second half manually.

FAQs

Is BamSEC being shut down?

No announcement exists. AlphaSense's own page, checked on 26 August 2026, says BamSEC continues as a standalone product. bamsec.com is live with self-serve signup.

Does BamSEC offer monthly billing?

Not according to its pricing page as of 26 August 2026. Only $69 a month billed annually is shown. Third-party pages quoting a $99 monthly price are not supported by BamSEC's own site.

What is the cheapest way to search SEC filings?

EDGAR full-text search, free, covering filings since 2001. For scripted access, edgartools is free under an MIT licence.

Does anything else give me BamSEC's Excel table exports?

Not in the same form. Merged prior-period table export is the feature BamSEC users cite most often as the reason they stay, and no tool on this list matches it exactly.

Is AlphaSense a straight upgrade?

It is a bigger product covering broker research and expert calls as well as filings, and it is priced accordingly. If your problem is that BamSEC costs $828, AlphaSense is not the answer.

How current are these prices?

Every figure above was read from the vendor's own pricing page on 26 August 2026, except the fiscal.ai prices, which come from a third-party directory because fiscal.ai blocks automated access, and the AlphaSense contract values, which come from Vendr.

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Prices change. If you find one here that is out of date, tell us and we will correct it.