Andbanc Advisory LLC
Assets Under Management
$871.8M
Number of Clients
509
Number of Advisors
10
Average Client AUM
$1.7M
AUM per Advisor
$87.2M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Andbanc Advisory, LLC offers investment advisory services through discretionary and non-discretionary accounts, customized to each client's investment objectives and risk profile. Services include family wealth services, investment advisory consulting, and assistance in obtaining mortgage loans. The firm also acts as a sub-adviser or engages subadvisers.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.75% |
| $500K - $1.0M | 1.50% |
| $1.0M - $5.0M | 1.00% |
| $5.0M - $20.0M | 0.75% |
| $20.0M - $50.0M | 0.60% |
| $50M+ | 0.50% |
All fees are negotiable.
Fee Estimator
Fees for investment advisory services are based on a percentage of the total assets in the account and are negotiable, ranging from 0.50% to 1.75% annually. A minimum quarterly fee of $500.00 applies. Flat fee arrangements are also available. Some portfolios of qualified or non-US investors can also have variable performance fee of up to 20%. Fees are calculated quarterly in arrears, based on the average month-end account values. Clients pay brokerage commissions, transaction fees, and other related costs separately.
Areas of Practice
Location
201 S. Biscayne Blvd., Suite 1100, Miami, FL, 33131