Andersen
Assets Under Management
$6.1B
Number of Clients
583
Number of Advisors
22
Average Client AUM
$10.4M
AUM per Advisor
$276.4M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Andersen provides individualized investment advice through full-service investment consulting, limited professional consulting, and performance measurement and reporting. Services can be integrated with tax consulting as part of comprehensive wealth management. As a non-discretionary advisor, Andersen does not directly make investments without client authorization.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $10.0M | 1.00% |
| $10.0M - $20.0M | 0.75% |
| $20.0M - $35.0M | 0.50% |
| $35.0M - $50.0M | 0.35% |
| $50M+ | 0.35% |
Fees negotiable for amounts over $50 million.
Fee Estimator
Andersen's fees are negotiable and agreed upon in writing. For full-service investment consulting, fees are typically based on a percentage of assets under advisement. The basic asset-based fee schedule is: First $10 million 1.00%, Next $10 million 0.75%, Next $15 million 0.50%, Next $15 million 0.35%, Amount over $50 million Negotiable. For some clients, fees are charged on an hourly basis, ranging from $400 to $1,100 per hour. Fees are typically applied to all investments for which ongoing financial planning, asset allocation and rebalancing, performance reporting and portfolio monitoring services are provided.
Areas of Practice
Location
1861 International Drive, Suite 501, Mclean, VA, 22102