Andco Consulting, LLC (Orlando)

Name: Andco Consulting, LLC
Address: 4901 Vineland Road, Orlando, FL, 32811
Telephone: 844-442-6326

Andco Consulting, LLC is a pension cosultant based in Orlando. It manages $220.9 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of District of Columbia, Florida, Illinois, and 10 other states.

Andco Consulting provides pension consulting services, selection of other advisers, and investment and fiduciary governance consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Andco Consulting: assets under management

The assets under management (AUM) of Andco Consulting, LLC is $220.9 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 917% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $220.9 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $24.54 million each.

Investments

The firm invests in investment and business development companies the most. They account for 84% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 12% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Andco Consulting, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Andco Consulting serves?

The only and largest group of clients of Andco Consulting is pension and profit sharing plans with 9 clients and $220.9 million of assets under management. Among the 9 most similar advisory firms, Andco Consulting has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $220.9 million for 9 clients. 1% of the firm’s clients are foreign persons or businesses.

Andco Consulting doesn't advise any private funds.

Careers at Andco Consulting, LLC

The company employs 90 people that are either part- or full-time employees. 91 percent of the employees work as investment advisers or researchers. 4 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
David Elliott West	Member and senior consultant	1 Jan 2006	Other	4708845
Michael Francis Welker	Llc manager and ceo	1 Sep 2008	75% - 100%	4738425
Steven Elliott Gordon	Executive director	1 Jan 2010	Other	4533817
Bryan Emerson Bakardjiev	Executive director	1 Jan 2011	Other	4926641
Troy Eric Brown	Executive director	1 Jan 2011	Other	2145769
Kimberly Woolweaver Spurlin	Executive director	1 Jan 2013	Other	6472809
Matthew Daniel Deconcini	Chief compliance officer	1 Jan 2017	Other	5881433
Richard Dean Spurgeon	Compliance analyst	1 Jan 2017	Other	2820500
David Anthony Ray	Executive director	1 Jan 2019	Other	7142308
Sara Pennisi Searle	Deputy of compliance	1 Jun 2019	Other	6380470

Based in Orlando

The principal office where Andco Consulting, LLC performs its advisory services is located at 4901 Vineland Road, Orlando, FL 32811, which is also the mailing address of the firm. An additional office of the firm is in Reno, NV. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 844-442-6326 or by fax 863-292-8717. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at stoppayinghiddenfees.com.