Andrew Smith is a registered investment advisor at Flagstar Advisors, INC., based in Beverly Hills, CA, with 10 years of industry experience. Andrew operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 1,571 clients with $1.2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Flagstar Advisors' Managed Account Program charges an advisory fee, a sponsor fee, and potentially a third-party advisor (TPA) fee if a TPA manages your account.
The advisory fee is a percentage of your portfolio's value and is negotiable:
- Up to $999,999: 1.50% per year
- $1,000,000 - $4,999,999: 1.00% per year
- $5,000,000 - $9,999,999: 0.75% per year
- $10,000,000 - $19,999,999: 0.50% per year
- Above $20,000,000: 0.40% per year
The sponsor fee covers implementation, platform, and administrative costs:
- Up to $499,999: 0.12% per year
- $500,000 - $1,999,999: 0.10% per year
- $2,000,000 - $4,999,999: 0.09% per year
- $5,000,000 - $9,999,999: 0.08% per year
- $10,000,000 - $19,000,000: 0.05% per year
- Above $20,000,000: 0.03% per year
TPA fees range from 0.25% to 1.25% and may or may not be negotiable.
Location
9665 Wilshire Boulevard, Suite 250, Beverly Hills, CA, 90212
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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.
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Andrew owns The Master of Coin LLC, an e-commerce platform selling collectibles, dedicating a few hours per week. He is also a Group Director Investments - Senior Vice President at New York Community Bancorp (NYCB), the parent company for Flagstar Advisors, Inc., spending time weekly on this investment-related activity.
Employment History
Current Registrations
Flagstar Advisors, INC.
Flagstar AdvisorsBroker
Previous Registrations
Flagstar Advisors, INC.
Hsbc Securities (USA) INC.
Hsbc Securities (USA) INC.Broker
Hsbc Securities (USA) INC.Broker
State Registrations21 states
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