Andrew Silverman, CPA, ABV, RIA offers investment advice and financial planning services. He focuses on understanding a client's financial position through his CPA practice to create custom plans. He recommends asset allocations based on client goals, risk tolerance, and time horizon, using institutional money managers or exchange-traded funds (ETFs) through Merrill Lynch, Stifel Nicolaus & Company, or Morgan Stanley. For fixed income, he suggests individual bonds held to maturity. There are no fees for financial planning services.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.25% |
Andrew Silverman receives 0.25% of the average account balance, which is paid by the financial advisors at Merrill Lynch, Stifel Nicolaus, and Morgan Stanley from their fees. The basic fee for institutional money managers is 1.00%-1.25%. For the ETF platform, the fee is 1.00%. Fee reductions are available for accounts reaching $500,000, $1,000,000, and $2,000,000. All fees are negotiable.