Andrew Mcdonald
Andrew Mcdonald is a registered investment advisor at Siebert Advisornxt, LLC., based in Beverly Hills, CA, with 42 years of industry experience. Andrew operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 786 clients with $290M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 2.00% |
| $500K - $1.0M | 1.50% |
| $1.0M - $2.0M | 1.25% |
| $2.0M - $5.0M | 1.00% |
| $5M+ | 0.75% |
The fee schedule is the starting point for negotiation. Siebert negotiates fees with clients and may charge a lesser or greater management fee than listed.
Fee Estimator
Location
9464 Wilshire BLVD, Beverly Hills, CA, 90212
Get directionsHistory
Regulatory History (5)
Customer Dispute
September 2014Customer Dispute
May 2000Customer Dispute
May 1999Customer Dispute
June 1998Customer Dispute
January 1998Other Business Activities
Andrew owns A & C Properties LLC, a real estate holding company, dedicating about 10-20% of his time. He also has minority ownership in Broker Dealer(Stock Cross Financial Services, Inc) Indirect Minority Ownership of Siebert Financial Corp., owner of Muriel Siebert & Co., Inc. an introducing Broker/Dealer and is an Investment Advisor Representative for Siebert AdvisorNxt, LLC, spending about half his time in this role.
Employment History
Current Registrations
Siebert Advisornxt, LLC.
Muriel Siebert & CO., LLCBroker
Previous Registrations
Stockcross Financial Services, INC.Broker
Stockcross Financial Services
Stockcross Financial Services, INC.Broker
TD Ameritrade, INC.Broker
Kennedy, Cabot & CO.Broker
State Registrations33 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.