Advanced Financial Strategies INC
Assets Under Management
$241.6M
Number of Clients
146
Number of Advisors
3
Average Client AUM
$1.7M
AUM per Advisor
$80.5M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Advanced Financial Strategies Inc. (AFS) offers financial planning, business planning, estate planning/administration, asset management, and risk management/insurance services. They cater to highly compensated executives, affluent business owners, high net worth individuals and families, trusts, and estates. AFS also utilizes Envestnet to select independent managers to actively manage a portion of its clients’ assets.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $250K | 1.00% |
| $250K - $500K | 0.88% |
| $500K - $1.0M | 0.75% |
| $1.0M - $2.0M | 0.63% |
| $2M+ | 0.50% |
Fee Schedule for Aggressive Growth, Growth, and Moderate Growth Portfolios
Fee Estimator
AFS charges hourly rates for financial, business, and estate planning: $400/hour (Pierre Ngo), $200/hour (CFP), $100/hour (Registered Paraplanners), and $65/hour (Administrative Staff). Asset management fees are based on a percentage of assets under management, with different schedules for Aggressive Growth, Growth, Moderate Growth, Conservative Growth, and Emphasis on Income portfolios (see table). AFS typically receives a service fee of up to 0.50% of the plan asset for its qualified plan consulting services.
Areas of Practice
Location
5 Hubble, Irvine, CA, 92618