Andrews Advisory Associates, LLC (Honolulu)

Name: Andrews Advisory Associates, LLC
Address: 1188 Bishop Street, Honolulu, HI, 96813
Telephone: 808-521-4015

Andrews Advisory Associates, LLC is a large advisory firm based in Honolulu. It manages $139.59 million of regulatory assets for 645 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Arizona, California, Colorado, and 7 other states.

Andrews Advisory Associates provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Andrews Advisory Associates: assets under management

The assets under management (AUM) of Andrews Advisory Associates, LLC is $139.59 million. The firm's AUM has grown by 174% since the beginning of its operation, and $867.29 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $116.51 million in discretionary accounts and $23.08 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $209.55 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $259.28 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 61% of the total AUM. The second-largest asset type is investment and business development companies, which make up 28% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Andrews Advisory Associates, LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Andrews Advisory Associates serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Andrews Advisory Associates is high net worth individuals with 57 clients and $80.77 million of assets under management. Among the 7 most similar advisory firms, Andrews Advisory Associates has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $139.59 million for 246 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Andrews Advisory Associates doesn't advise any private funds.

Careers at Andrews Advisory Associates, LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Leslie George Andrews	Member, chief compliance officer	1 Jun 1998	75% - 100%	807593
Bryan Dennis Enos	Member	1 Jun 1998	50% - 75%	814848

Based in Honolulu

The principal office where Andrews Advisory Associates, LLC performs its advisory services is located at 1188 Bishop Street, Honolulu, HI 96813, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 808-521-4015 or by fax 808-536-3504. The normal business hours are 9:00 am to 4:00 pm on Monday - Friday. You can find more information about the New York firm at andrewsllc.com.