MA
MA

Marvin Andringa

54 Years of Experience
Grandville, MI
1 DisclosureBrokerSells Insurance

Marvin Andringa is a registered investment advisor at Osaic Wealth, INC., based in Grandville, MI, with 54 years of industry experience. Marvin operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
9246 advisors
Number of Clients
574,829 clients
Average Client Portfolio
$348K average
Assets Under Management
$200.3B

Fee Structure

Minimum Investment:$5.5K

Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.

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Location

4095 Chicago Dr Sw, Suite 120, Grandville, MI, 49418

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History

Regulatory History (1)
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Regulatory
April 1976
Final
Other Business ActivitiesSells Insurance

Marvin is a partner in Royal Development LLC, a rental property/building owner, and an insurance broker selling fixed annuities and non-variable insurance, dedicating minimal time to each. He also works nearly full-time as a financial advisor at RSC Advisors, selling securities, investment advisory, and insurance products.

Employment History
Current Registrations
Osaic Wealth, INC.Broker
November 2018 - Present · 7 yrs 8 mos
Osaic Wealth, INC.
November 2018 - Present · 7 yrs 8 mos
Previous Registrations
Signator Investors, INC.Broker
July 2017 - November 2018 · 1 yr 4 mos
Signator Investors, INC.
July 2017 - November 2018 · 1 yr 4 mos
Royal Advisors, LLC
January 2010 - December 2016 · 6 yrs 11 mos
Royal Securities CompanyBroker
August 1995 - July 2017 · 21 yrs 11 mos
Royal Securities CompanyBroker
September 1982 - June 1995 · 12 yrs 9 mos
Primus Investment CompanyBroker
June 1973 - October 1982 · 9 yrs 4 mos
C E Cook & CompanyBroker
January 1972 - July 1973 · 1 yr 6 mos
State Registrations16 states
AZCAFLGAILINMINCOHPARISCTNTXVAWI
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.