Andrew Wachner is a registered investment advisor at RBC Securities, INC., based in New York, NY, with 13 years of industry experience. Andrew operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 1,451 clients with $1.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
RBC Securities offers a wrap fee program where you pay a single bundled fee that covers portfolio management, transaction costs, and custodial services. The fee is based on the market value of your account.
For Moderate Growth & Income, Growth & Income, Capital Growth, and Aggressive Capital Growth strategies:
- 1.25% annually on the first $1,000,000
- 1.00% annually on assets over $1,000,000
For Diversified Fixed Income and Conservative Growth & Income strategies:
- 0.80% annually on the first $1,000,000
- 0.65% annually on assets over $1,000,000
There is a $500 minimum annual fee. These fees are negotiable in certain circumstances.
Location
400 Park Avenue,, 8th Floor, New York, NY, 10022
Get directionsHistory
Regulatory History (1)
Criminal
September 1997Other Business Activities
Andrew is a board member for the Gehringer Park Recreation Club, a pool and garden club, dedicating a few hours per week. He may take on the role of treasurer in 2026, which would involve budgeting and data analysis.
Employment History
Current Registrations
RBC Securities, INC
RBC Securities, INCBroker
RBC Securities, INC.
Previous Registrations
City National Rochdale
Rim Securities LLCBroker
State Registrations1 state
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.