Andrew Dropkin
Andrew Dropkin is a CFP-designated registered investment advisor at Kestra Advisory Services, LLC, based in Dallas, TX, with 25 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, Retirement Planning. Their firm serves 97,702 clients with $60B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Kestra Advisory Services' (Kestra AS) fees for managing your investments are a percentage of the value of your portfolio, up to a maximum of 2.5% per year. The exact percentage is determined by your advisor based on factors like the size of your account, the type of account (e.g., retirement), the services you receive, and the platform you choose. These fees are negotiable.
Kestra AS offers different advisory platforms with varying program fees that are deducted from the client fee you negotiate with your advisor. These platforms include AdvisorEnterprise, Horizon, and AdvisorChoice. Each platform has different features, costs, and minimum account sizes.
There are also third-party managed solutions available through platforms like Focus Partners Advisor Solutions, Symmetry Partners, SEI and AssetMark.
Location
16400 Dallas Parkway, Suite 310, Dallas, TX, 75248
Get directionsHistory
Regulatory History (4)
Customer Dispute
September 2010Customer Dispute
June 2010Customer Dispute
April 2009Customer Dispute
May 2005Other Business ActivitiesSells Insurance
Andrew is a member of CD Wealth Management, engaging in registered rep activities, insurance, and investment advisory services, taking up more than full-time hours. He also serves as Chairman of the Board for the Dallas Jewish Community Foundation, dedicating minimal time, and is an Investment Advisor Representative with Kestra Advisory Services, LLC, potentially dedicating up to full-time hours.
Employment History
Current Registrations
Kestra Advisory Services, LLC
Kestra Investment Services, LLCBroker
Previous Registrations
NFP Advisor Services, LLC
Credit Suisse First Boston
Credit Suisse First Boston LLCBroker
Donaldson Lufkin & Jenrette Securities Corporation
Donaldson, Lufkin & Jenrette Securities CorporationBroker
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.