FAQ

Andina Advisors offers comprehensive financial planning and in-house portfolio management. We take our fiduciary responsibilities to heart with our independent advisory services and experienced, credentialed advisors.

There are several differences we’d be happy to discuss with you. For example, Andina works closely with families who are actively building wealth through their businesses and occupations—even if they do not yet have significant investable assets. We believe this stage is an important time to begin developing coordinated strategies that take into account long-term financial and tax considerations.
Our team offers access to a broad set of investment approaches and provides personalized coordination across wealth management and strategy planning. We collaborate with your other professional advisors, keep communication straightforward, and tailor our engagement to your goals and circumstances.

Andina does not need to manage all of your assets in order to provide guidance. It is important, however, that we have an understanding of your complete financial picture so we can craft plans that complement your broader portfolio.
Some families also use Andina alongside other advisors or family office structures. In those cases, elements of our approach can be integrated to support coordination across a total wealth plan.

Yes. We regularly coordinate with clients’ existing tax and legal advisors. When specialized expertise is needed, we can also provide introductions to other professionals who may be able to supplement the team.

Our first and highest priority is to clearly understand your goals and to obtain an awareness of your current situation. Client objectives drive planning strategy and establish the parameters for investment portfolios. For example, imminent significant events such as college for children and retirement help us establish liquidity needs inside an investment portfolio. Understanding the dynamics of your family relationships impacts our approach to estate planning and family governance. Identifying your ideal retirement lifestyle contributes to the development of a retirement distribution system. The better we understand our clients, the better we can tailor planning to their needs.

Yes. Careers with a potentially shorter span of high earnings often benefit from specialized planning. We help educate clients on creating and managing budgets while also developing long-term financial strategies. In some cases, we also serve as a buffer between clients and outside influences, helping them stay focused on their long-term objectives

Yes. We provide a secure web portal for clients who are interested. This portal allows for the consolidation of assets, liabilities, and investments, including accounts not directly managed by Andina (where information is available). An electronic vault is also available to help organize and store key financial documents such as deeds, trusts, and tax returns in one secure location. For clients who wish, bill payment services can be coordinated to help simplify cash flow management

This is the most common question we get asked by clients and one of the most complicated to answer. What we can say for sure is that we will collaborate with you to get a full understanding of your complete portfolio and balance that with your retirement goals.

Much like the question above, the answer is complicated and bears a full discussion to get a complete picture to work toward. Getting these hard questions answered with the knowledge you have at the moment is key to developing your long-term plan. It is important to remember that adjustments can be made as the picture changes.

Andina Advisors charges a financial planning fee and/or an investment management fee dependent on the required services.

Your investment accounts will be custodied at Charles Schwab & Company through Schwab Advisor Services. Clients have online access to view accounts at any time through the custodian’s portal. As an SEC-registered investment advisory firm, Andina is subject to federal regulatory standards and ongoing oversight

Clients have online access to view the aggregate of your accounts at any time.

We will meet at least annually to review your portfolio and your financial planning needs, and more, if required.

Our advisory group brings a range of industry experience, with senior leadership that has been serving clients since the early 2000s.

The firm's professionals maintain a range of industry credentials, such as:
CFP® – Certified Financial Planner
CPA – Certified Public Accountant
CFA ®– Chartered Financial Analyst
CPWA® – Certified Private Wealth Advisor
CEPA ®– Certified Exit Planning Advisor
CHFC® – Chartered Financial Consultant
AEP ®– Accredited Estate Planner

Your relationship will be supported by an Andina service team. Multiple people are involved with each client household, which helps promote continuity and attentive service.

You may receive electronic or paper correspondence from several sources as part of your portfolio management. These documents are generally stored in digital format by the provider, so it may not be necessary to keep physical copies unless that is your preference. Andina Advisors can provide copies upon request.