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Andrew Brower

15 Years of Experience
1 DisclosureBrokerSells Insurance

Andrew Brower is a registered investment advisor at Arete Wealth Advisors, LLC, based in Jersey City, NJ, with 15 years of industry experience. Andrew operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 5,426 clients with $2.7B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
138 advisors
Number of Clients
5,426 clients
Average Client Portfolio
$506K average
Assets Under Management
$2.7B

Fee Structure

Minimum Investment:$50K
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $249K3.00%
$249K - $750K2.50%
$750K - $1.5M2.00%
$1.5M - $5.0M1.75%
$5M+1.50%

Fees are negotiable. A $50,000 initial minimum account balance is generally required, but may be waived.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

30 Montgomery Street, Suite 1201, Jersey City, NJ, 07302

Get directions

History

Regulatory History (1)
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Customer Dispute
March 2025
Denied
Other Business ActivitiesSells Insurance

Andrew works as an investment executive for Hudsonpoint Capital, dedicating full-time hours. He also works as an insurance agent selling fixed insurance and life/health insurance, spending a few hours per week on each.

Employment History
Current Registrations
Arete Wealth Advisors, LLC
November 2024 - Present · 1 yr 5 mos
Arete Wealth Management, LLCBroker
November 2024 - Present · 1 yr 5 mos
Previous Registrations
B. Riley Wealth ManagementBroker
July 2022 - November 2024 · 2 yrs 4 mos
B. Riley Wealth Advisors, INC.
June 2013 - November 2024 · 11 yrs 5 mos
National Securities CorporationBroker
March 2013 - July 2022 · 9 yrs 4 mos
Wts Proprietary Trading Group LLCBroker
January 2012 - October 2012 · 9 mos
National Securities CorporationBroker
July 2010 - November 2011 · 1 yr 4 mos
State Registrations32 states
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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 Brower - Financial Advisor | TrueAdvisor