How does the advisor help clients – Key Takeaways:
ANDOVER INVESTMENT MANAGEMENT is a financial advisory firm that specializes in managing investments for individuals and businesses. They provide personalized financial strategies to help clients achieve their financial goals. Their team of experienced advisors uses a holistic approach to assess and manage each client’s unique financial situation, offering a range of services and client types to meet their diverse needs.
Facts and Insights
In order to understand how ANDOVER INVESTMENT MANAGEMENT can help clients, it is important to first look at some key facts and insights about the firm. The following table provides information about their assets under management, number of advisors, and time in business:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $500 million | 10 | 25 years |
As you can see, ANDOVER INVESTMENT MANAGEMENT has a considerable amount of assets under management and a long history in the industry. This demonstrates their expertise and reliability as a financial advisor.
Financial Services Offered
ANDOVER INVESTMENT MANAGEMENT offers a comprehensive range of financial services to help clients achieve their financial goals. These services include portfolio management, financial planning, retirement planning, estate planning, tax planning, and risk management. By offering a variety of services, the firm can provide clients with a well-rounded and customized approach to managing their finances.
Client Types
ANDOVER INVESTMENT MANAGEMENT serves a diverse range of client types, including high-net-worth individuals, families, and small businesses. They understand that each client has unique financial needs and they tailor their services accordingly. Whether a client is planning for retirement, managing their wealth, or looking to grow their assets, ANDOVER INVESTMENT MANAGEMENT has the expertise to help them achieve their goals.
Fees & Compensation
ANDOVER INVESTMENT MANAGEMENT is a fee-only firm, which means their compensation comes from a percentage of the assets under management. This fee structure aligns their interests with those of their clients, as they only make money when their clients see their investments grow. Additionally, the firm does not receive any commission or referral fees from third-party products, so clients can feel confident that their recommendations are unbiased and in their best interest.
Background
Founded in 1995, ANDOVER INVESTMENT MANAGEMENT has been helping clients achieve their financial goals for over 25 years. The firm is headquartered in Andover, Massachusetts and has a team of 10 experienced advisors. The advisors at ANDOVER INVESTMENT MANAGEMENT hold various professional designations such as Certified Financial Planner (CFP) and Chartered Financial Analyst (CFA), demonstrating their commitment to excellence in the industry.
Financial Advisor Disclosures to Know
Before choosing a financial advisor, it is important to be aware of any potential conflicts of interest or disciplinary actions. According to their most recent Form ADV, ANDOVER INVESTMENT MANAGEMENT does not have any disciplinary actions or regulatory events on record. Additionally, they have a fiduciary responsibility to act in their client’s best interest at all times. This means they are legally obligated to always prioritize their client’s needs and interests when making investment decisions.