Andrew Hoffman is a CFP-designated registered investment advisor at Beam Wealth Advisors, INC., based in Covington, LA, with 28 years of industry experience. Andrew operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Charitable Giving, Estate Planning, High Net Worth, and 3 more. Their firm serves 2,151 clients with $1.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
BEAM Wealth Advisors manages investments for an annual fee based on the amount invested. The fees generally range from less than 1% to no more than 3% annually. There is a $50 annual Minimum Platform Service Fee for accounts billed and reported through the Orion platform. This fee may be waived if the aggregate fee for the client family household meets the minimum.
Location
72096 Ramos Avenue, Suite D, Covington, LA, 70433
Get directionsHistory
Regulatory History
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.
Learn about disclosures →Other Business Activities
Andrew works as a Certified Divorce Financial Analyst, assisting divorcing clients and their attorneys with financial settlements and court orders. This activity takes about half of Andrew's time.
Employment History
Current Registrations
Beam Wealth Advisors, INC.
Previous Registrations
Securities America, INC.Broker
LPL Financial LLCBroker
Mutual Service CorporationBroker
Banc One Securities CorporationBroker
Nylife Securities INC.Broker
State Registrations2 states
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.