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Andrew Arons

32 Years of Experience
BrokerSells Insurance

Andrew Arons is a registered investment advisor at Npa Asset Management, LLC, based in Hackensack, NJ, with 32 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 2,855 clients with $1B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
52 advisors
Number of Clients
2,855 clients
Average Client Portfolio
$354K average
Assets Under Management
$1.0B

Fee Structure

Minimum Investment:$50K
Investment management only (planning not offered)

NPA Asset Management offers several investment management programs:

  • Advisor Managed Account Program: Advisors assist clients in developing custom portfolios with various securities. Maximum annual fee is 3% of the account value, negotiable.
  • MA Direct Account Program: Advisors help clients select third-party money managers. Maximum annual fee is 3% of the account value, negotiable.
  • MA Custom AdvisorFlex Program: Clients choose from model portfolios managed by Lockwood Advisors. Maximum annual fee is 3% of the account value, negotiable.

Fees are payable in advance and are based on the account balance. Clients may also incur transaction charges and other fees. All fees are negotiable.

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Location

1 University Plaza Suite 401, Hackensack, NJ, 07601

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business ActivitiesSells Insurance

Andrew is an investment advisor representative (IAR) and insurance agent with Synergy Advisory Management Group since 2010. He dedicates about 10-20% of his time to this, including during trading hours, as an independent insurance agent through various agencies.

Employment History
Current Registrations
Npa Asset Management, LLC
January 2018 - Present · 8 yrs 3 mos
Nationwide Planning Associates INC.Broker
April 2010 - Present · 16 yrs
Previous Registrations
Npa Asset Management, LLC
April 2010 - December 2017 · 7 yrs 8 mos
Royal Alliance Associates, INC.Broker
November 2006 - April 2010 · 3 yrs 5 mos
Investment Advisors Asset Management, LLC
May 2004 - July 2010 · 6 yrs 2 mos
Investment Advisors & Consultants, INC.Broker
January 2004 - December 2006 · 2 yrs 11 mos
Brookstreet Securities CorporationBroker
May 2002 - December 2003 · 1 yr 7 mos
Charles Schwab & CO., INC.Broker
September 1999 - May 2002 · 2 yrs 8 mos
On-Site Trading, INC.Broker
March 1999 - July 1999 · 4 mos
Dean Witter Reynolds INC.Broker
June 1997 - February 1999 · 1 yr 8 mos
On-Site Trading, INC.Broker
January 1997 - May 1997 · 4 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
March 1996 - January 1997 · 10 mos
Smith Barney INC.Broker
June 1993 - March 1996 · 2 yrs 9 mos
State Registrations18 states
AZCACTDEFLGAMENCNHNJNMNYORPAPRTNTXVA
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
Andrew Arons - Financial Advisor | TrueAdvisor