Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Pension Consulting Services
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pension & Profit Sharing Plans
- Charitable Organizations
- Insurance Companies
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
Andrew Hill Investment Advisors, Inc. Overview
Andrew Hill Investment Advisors, Inc. is a relatively new investment advisory firm that operates exclusively on a fee-only basis. Based in Naples, Florida, this firm caters to individuals and small businesses seeking comprehensive financial planning and high-quality portfolio management services. As an investment advice-only firm, Andrew Hill does not sell any financial products or receive commissions from third-party vendors. This approach ensures that the investment strategies employed by the firm are tailored to the unique needs and goals of each client. Although Andrew Hill Investment Advisors, Inc. has only been in business since 2021, its team of experienced professionals brings years of industry knowledge to the table. The firm prides itself on providing personalized and transparent financial advice that is rooted in trust and integrity. Andrew Hill's financial planning services encompass a broad range of areas, including retirement planning, tax planning, education planning, and estate planning. The portfolio management services offered by the firm are designed to help clients achieve their investment objectives while managing risk effectively. In addition to its financial planning and portfolio management services, Andrew Hill Investment Advisors, Inc. also provides pension consulting services to small businesses. The firm's pension experts can help business owners navigate the complex world of retirement plan design, administration, and compliance. By working with Andrew Hill, small businesses can ensure that their retirement plans are set up correctly, cost-effective, and competitive in terms of attracting and retaining top talent. Overall, Andrew Hill Investment Advisors, Inc. is a trusted partner that puts its clients' financial well-being first.
ANDREW HILL INVESTMENT ADVISORS, INC. provides a diverse range of services to a wide variety of clients. Their clientele includes individuals, high net worth individuals, pension or profit sharing plans, charitable organizations, insurance companies, and other corporation types not listed. They understand the unique needs of each client and provide tailored solutions to meet their financial goals. The firm's team of experienced advisors works closely with clients to assess their current financial situation, identify their investment objectives, and develop customized investment strategies that align with their goals and risk tolerance. In terms of fee structures, ANDREW HILL INVESTMENT ADVISORS, INC. offers flexible options to accommodate different needs and preferences. Clients can choose from various pricing models, such as a percentage of assets under management (AUM), hourly rates, or fixed fees. The percentage of AUM model charges a certain percentage, typically ranging from 0.5% to 2%, of the total value of assets managed by the firm. The hourly fee structure charges clients based on the amount of time spent by the advisor on their accounts. The fixed fee model is a flat fee that covers a specific service or set of services provided by the advisor. The firm also provides a detailed breakdown of all associated fees and expenses, ensuring transparency and clarity in their services.
Typical Clients, Fee Structures & Investment Minimum
According to the Part 2 Brochure of Andrew Hill Investment Advisors, Inc., no mention is made regarding the firm's investment minimum.
How This Office Can Help Naples, FL Residents
Andrew Hill Investment Advisors, Inc. is an experienced investment management firm that assists clients in Naples, FL. The company specializes in providing custom investment solutions that fit each client's unique financial objectives and risk tolerance. The firm offers a wide range of financial services to help clients navigate the complexities of retirement planning, tax management, estate planning, and more. Living in Naples, FL, clients may face a range of financial situations, such as managing their retirement savings, adjusting their investment portfolio to meet changing goals, or planning for the future of their estate. Andrew Hill Investment Advisors, Inc. helps clients address these issues by providing targeted investment advice, creating personalized financial plans, and working closely with clients to identify and achieve their goals. The firm's experienced team of investment advisors brings a wealth of expertise to bear, leveraging sophisticated data analysis and market insights to help clients make informed investment decisions. Overall, Andrew Hill Investment Advisors, Inc. is committed to helping clients in Naples, FL navigate the financial challenges they may encounter, building customized strategies that are focused on success.
Services Offered by Andrew Hill Investment Advisors, Inc.
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Andrew Hill Investment Advisors, Inc. most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
- Mon 8 AM–6 PM
- Tue 8 AM–6 PM
- Wed 8 AM–6 PM
- Thu 8 AM–6 PM
- Fri 8 AM–6 PM
- Sat Closed
- Sun Closed
Other Office Locations
This firm has no other locations.
State Registrations
Andrew Hill Investment Advisors, Inc. is registered to service clients in the following states:
- Florida
Disciplinary History
Andrew Hill Investment Advisors, Inc. does not have any disclosures. Please visit it's Form ADV for more details.