AC
AC

Andrew Cormack

5 Years of Experience
Littleton, CO
Sells Insurance

Andrew Cormack is a registered investment advisor at Arax Advisory Partners, based in Littleton, CO, with 5 years of industry experience. Andrew operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments, Business Owners, Charitable Giving, Corporate Executives, and 9 more. Their firm serves 15,662 clients with $27B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
226 advisors
Number of Clients
15,662 clients
Average Client Portfolio
$1.7M average
Assets Under Management
$26.5B

Fee Structure

Minimum Investment:$50K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any3.00%

Rates generally range from 0.50% to 3.00% per year for assets under management, varying based on account size and complexity. Fees are negotiable.

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

8241 S. Continental Divide Road, Littleton, CO, 80127

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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 owns a rental property in Midland, TX. He is also an independent insurance agent selling life and accident & health insurance products, dedicating minimal time to these activities.

Employment History
Current Registrations
Arax Advisory Partners
December 2024 - Present · 1 yr 10 mos
Previous Registrations
Cedrus
June 2021 - March 2025 · 3 yrs 9 mos
Equitable Advisors, LLCBroker
March 2021 - March 2021 · 0 mos
State Registrations1 state
CO
Advisor

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.
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