Andersen Tax Review


Andersen Tax, founded in 2003, is a Registered Investment Advisor (RIA) in 51 state(s) with a licensed staff of 8 advisors. Andersen Tax manages $2.12 billion and provides investment advisory services for 309 clients (1:39 advisor/client ratio).

Andersen Tax requires a $0 minimum investment and charges between 1.00% and 0.40% for ongoing portfolio management services, depending on the size of the portfolio.

Benefits


  • Firm has $1B or more in assets under management
  • No disciplinary history
  • Firm has a high advisor to client ratio
  • Firm does not accept performance-based fees
  • Firm doesn’t perform side-by-side management

Considerations


  • Firm serves fewer than 1,000 clients
  • Been in business only 15 years
  • Custodian is unknown
  • Communications sent to the firm’s website are not secure and encrypted
  • Firm may receive soft-dollar benefits that could incentivize them to push trades through broker-dealers that provide advantages to the firm instead of through broker-dealers that could provide the best execution for their clients

Managed Investing


Expand fee details
Trust Score
82
info_outline

Annual Management Fee Percent
$0 to $2,000,000 1.00%
$2,000,001 to $5,000,000 0.75%
$5,000,001 to $10,000,000 0.65%
$10,000,001 to $25,000,000 0.50%
$25,000,001+ 0.40%
Feature Value
Estimated Fees (Annual) $1,000 on a $100,000 portfolio
Annual Management Fee Notes None
Minimum Investment $0
Minimum Annual Fee $0
Average Account AUM $6,850,877
Broker-Dealer Hybrid No
Disciplinary History No
Total AUM $2.12 billion
Advisor / Client Ratio 1:39


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