AB
CFP

Andrew Thomas Barnes

12 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
6 advisors
Number of Clients
398 clients
Average Client Portfolio
$660K average
Assets Under Management
$262.8M

Fee Structure

Financial Plan Fee:$3,000 - $25,000
Hourly Rate:$350/hr

Traction Financial Partners charges a fee for investment management services based on an annual percentage of assets under management, with a maximum of 1.35%. Fees are billed quarterly in advance. Financial planning fees range from $3,000 to $25,000 as a fixed fee, or $350 per hour. Estate planning document creation services through Snug are offered for a separate fee, with Traction charging $350/hour to coordinate and review the details of the estate plan. Snug's fees are $150 for a Will-Based Plan and $400 for a Trust-Based Plan.

Areas of Practice
Investment ManagementRetirement PlanningTax PlanningEstate PlanningFinancial Planning & Coaching
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Advisor Information

Office location

168 County Road 648, Encampment, WY, 82325-1028

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Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Employment History
Current Registrations
Traction Financial Partners
February 2022 - Present · 3 yrs 11 mos
Previous Registrations
Lion Street Financial, LLCBroker
February 2021 - January 2022 · 11 mos
Mercer Global Advisors INC.
July 2020 - February 2022 · 1 yr 7 mos
M. J. Smith and Associates
November 2017 - March 2021 · 3 yrs 4 mos
Raymond James Financial Services, INC.Broker
June 2014 - September 2020 · 6 yrs 3 mos
Gwfs Equities, INC.Broker
May 2013 - May 2014 · 1 yr
State Registrations2 states
COTX
Advisor
Exams
No exam information available for this advisor.
Andrew Thomas Barnes - Financial Advisor | AdvisorDiscover