Andrew Hermsen
Andrew Hermsen is a registered investment advisor at N.E.W. Advisory Services, LLC, based in Hobart, WI, with 22 years of industry experience. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 1 more. Their firm serves 4,347 clients with $1.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $50K | 1.50% |
| $50K - $100K | 1.40% |
| $100K - $250K | 1.30% |
| $250K - $500K | 1.25% |
| $500K - $1000K | 1.20% |
| $1.0M - $2.0M | 1.15% |
| $2.0M - $3.0M | 1.13% |
| $3.0M - $4.0M | 1.11% |
| $4.0M - $5.0M | 1.09% |
| $5.0M - $7.5M | 1.05% |
| $7.5M+ | 1.00% |
Fees are negotiable. For accounts held directly with a product sponsor, N.E.W. Advisory Services charges a flat 0.75%.
Fee Estimator
Location
1200 Centennial Centre Boulevard, Suite 300, Hobart, WI, 54155
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 ActivitiesSells Insurance
Andrew operates under Hermsen Wealth Management LLC and N.E.W. Advisory Services LLC as an IAR/Owner. He also owns and is a partner/member in several commercial real estate income properties and is an independent representative with various insurance carriers for fixed insurance sales.
Employment History
Current Registrations
N.E.W. Advisory Services, LLC
Geneos Wealth Management, INC.Broker
Previous Registrations
Sii Investments, INC.
Sii Investments, INC.Broker
John Hancock Distributors LLC
John Hancock Distributors LLCBroker
State Registrations12 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.