Andrew Powers
Andrew Powers is a registered investment advisor at Powers Financial Group, LLC, based in Naperville, IL, with 18 years of industry experience. Andrew operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Investment Management, and 2 more. Their firm serves 45 clients with $5.7M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Powers Financial Group charges a percentage of your portfolio annually for investment management services. The exact fee schedule is negotiated and agreed upon in the Investment Advisory Agreement. Here are some example fee schedules:
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Schedule #1:
- First $100,000: 2.00%
- $100,000.01 to $500,000: 1.50%
- $500,000.01 to $2,500,000: 1.00%
- Over $2,500,000.01: 0.50%
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Schedule #2:
- First $500,000: 1.50%
- $500,000.01 to $1,000,000: 1.25%
- $1,000,000.01 to $2,500,000: 1.00%
- Over $2,500,000.01: 0.75%
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Schedule #3:
- First $1,000,000: 1.25%
- $1,000,000.01 to $3,000,000: 1.00%
- $3,000,000.01 to $5,000,000: 0.90%
- Over $5,000,000.01: 0.75%
Location
1700 Park Street, Unit 203, Naperville, IL, 60563
Get directionsHistory
Regulatory History
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Andrew works as a salesperson for fixed insurance products, dedicating various hours per month. He also volunteers with the Naperville Jaycees, spending minimal time on this activity.
Employment History
Current Registrations
Powers Financial Group, LLC
Previous Registrations
Ventoux Financial Advisors, LLC
Moneyblock
TradingblockBroker
Securian Financial Services, INC.
Securian Financial Services, INC.Broker
State Registrations1 state
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.