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Andrew Kayla

28 Years of Experience
BrokerSells Insurance

Andrew Kayla is a registered investment advisor at USA Financial Securities Corporation, based in Ada, MI, with 28 years of industry experience. Their practice areas include Retirement Planning. Their firm serves 1,750 clients with $300M in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
141 advisors
Number of Clients
1,750 clients
Average Client Portfolio
$172K average
Assets Under Management
$301.5M

Fee Structure

Minimum Investment:$15K
Investment management only (planning not offered)

USA Financial Securities offers two advisory account management options:

  • Transaction-based pricing: You pay a lower custodial and administrative fee, plus individual transaction fees.
  • Asset-based pricing: You pay a higher custodial and administrative fee that includes transaction costs. This is best for clients who anticipate moderate to high levels of trading activity.

Representatives may also provide access to third-party money managers. The fees for these managers vary and are disclosed in their own brochures. Representatives may also offer customized financial strategies with varying fee structures, detailed in the representative's disclosure supplement. The maximum management fee charged by USA Financial Securities is 2.7%.

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Location

6020 East Fulton, Ada, MI, 49301

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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 is the owner/advisor at ARK Wealth Strategies, where he reviews and sells life and health insurance, dedicating full-time hours to this business. He also advises property and casualty agents on life insurance sales, spending minimal time on this activity, and owns a BBQ catering business, dedicating a few hours per week.

Employment History
Current Registrations
USA Financial Securities LLCBroker
May 2014 - Present · 11 yrs 11 mos
USA Financial Securities Corporation
May 2014 - Present · 11 yrs 11 mos
Previous Registrations
Nationwide Securities, LLCBroker
August 2008 - March 2014 · 5 yrs 7 mos
Nationwide Securities, LLC
August 2008 - March 2014 · 5 yrs 7 mos
1717 Capital Management CompanyBroker
June 2007 - August 2008 · 1 yr 2 mos
1717 Capital Management Company
May 2007 - August 2008 · 1 yr 3 mos
Nationwide Securities, INC.Broker
October 1999 - August 2007 · 7 yrs 10 mos
Liberty Securities CorporationBroker
April 1999 - July 1999 · 3 mos
Carey Jamison & CompanyBroker
June 1987 - April 1989 · 1 yr 10 mos
State Registrations5 states
ALMNMSOHTX
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.