Benjamin F. Edwards & Company, Inc

CRD#146936
Investment Advisor Firm

Answer a few questions and
get matched with an advisor.

Find an Advisor

or call us now at 1-888-467-5419

Overview

Benjamin F. Edwards & Company, Inc operates as a financial advisory firm located in Saint Louis, Missouri. It has $8.4 billion in assets throughout 29,895 client accounts, making it one of the largest firms in the United States by assets under management (AUM). Benjamin F. Edwards & Company, Inc has a large team of 509 employees, three hundred sixty-eight of whom are financial advisors. Benjamin F. Edwards & Company, Inc does not act as a registered broker-dealer, meaning the firm is not able to buy and sell securities for its accounts and those of its customers and instead is required to go through a broker-dealer firm to do so. Securities are tradable financial investments such as bonds, options and stocks.

Benjamin F. Edwards & Company, Inc manages 14,778 of its client assets on a discretionary basis. Discretionary management signifies that transaction choices for the client's account are made by an investment advisor without needing to seek the customer's authorization. The company also has 15,117 non-discretionary accounts totaling $4.9 billion in assets under management. The firm oversees about $279,939 for each customer account. The average advisor at Benjamin F. Edwards & Company, Inc oversees about 81 client accounts.

The firm's central office is at One North Brentwood Boulevard, Saint Louis, Missouri 63105. Benjamin F. Edwards & Company, Inc is permitted to provide services to clients across 51 U.S. states and territories.

Assets Under Management

$8.4 billion

Number of Advisors

368

Disclosures

No

Office Location

One North Brentwood Boulevard
Saint Louis, MO 63105

Benjamin F. Edwards & Company, Inc by the Numbers

Total Assets Under Management

$8.4 billion

National Average: $3.7 billion
Total Number of Employees

509

National Average: 29
Total Number of Accounts

29,895

National Average: 2,073
Average Account Size

$279.9 thousand

National Average: $1.8 million

Find a dedicated advisor for your needs

Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.

Back to Overview

Products and Services

Benjamin F. Edwards & Company, Inc offers a number of financial services, which can include financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, pension consulting services, selection of other advisers and educational seminars. In the prior financial year, the company provided financial planning services to 1-10 of its customers. It is involved in selling products or offering services other than investment advice to its clients. It also has a number of financial industry affiliations, including with a broker-dealer or securities dealer and insurance company or agency.

Core Advisor Services

  • Offered by 45% of firms

    Financial Planning Services

    This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

  • Offered by 62% of firms

    Portfolio Management

    This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

  • Find a firm that offers this service

    Market Timing Services

    This is the practice of attempting to make short-term profits on investments by buying low and selling high.

Other Services

  • Offered by 23% of firms

    Selection of Other Advisors

    This is the firm's assistance with choosing other advisors to work with who may have different specialties.

  • Find a firm that offers this service

    Publication of Periodicals

    This is the publication of various financial education materials.

  • Offered by 10% of firms

    Educational Seminars/Workshops

    This is the hosting of seminars or workshops to educate investors on financial concepts.

Back to Overview

Fee Structure

Fees charged by financial advisors vary depending on which services the firm provides the client. However, fees billed by Benjamin F. Edwards & Company, Inc can include any combination of the following fee structures: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are offered by the company.

Available

  • Offered by 74% of firms

    Percentage of Assets

    Show Explanation

    This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

  • Offered by 35% of firms

    Hourly

    Show Explanation

    Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

  • Offered by 40% of firms

    Fixed

    Show Explanation

    Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

Unavailable

  • Find one of the 2% of firms that offer this fee type

    Commissions

    Show Explanation

    Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

  • Find one of the 17% of firms that offer this fee type

    Performance-based

    Show Explanation

    Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

  • Find one of the 1% of firms that offer this fee type

    Subscription

    Show Explanation

    Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

  • Find one of the 12% of firms that offer this fee type

    Other

    Show Explanation

    Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

Back to Overview

Types of Clients

The company does business with a broad range of customers. It provides services to retail investors, high net worth investors, pension plans, charitable organizations and corporations. Out of its 29,895 accounts, Benjamin F. Edwards & Company, Inc's largest client group is retail investors, although it also caters to 1,491 high-net-worth individuals. The SEC defines a high-net-worth individual as someone who has at least $750,000 in AUM or a net worth of at least $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the company's accounts are represented by non-U.S. persons.

  • High-Net-Worth Individuals* - 9.58%
  • Other Individuals - 88.62%
  • Corporations - 1.37%
  • Charitable Organizations - 0.42%

* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

Find an advisor who will work directly with you

Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.

Back to Overview

Disclosures

Benjamin F. Edwards & Company, Inc does not have any disclosures.

Please visit its Form ADV for more details.

Back to Overview
Back to Overview

Find a financial advisor near you

If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.

Back to Overview

Financial Advisors at Benjamin F. Edwards & Company, Inc

Susan Lewis
Saint Louis, MO
Daniel Pietroburgo
Springfield, IL
Robert Kollar
Chesterton, IN
Louis Howell
Saint Louis, MO
David Brumme
Saint Louis, MO
James Masterson
Saint Louis, MO
Jennifer Pierce
Saint Louis, MO
Peter Mccarthy
Saint Louis, MO
Bradley Keel
Pensacola, FL

Not sure which advisor is right for you? Use our matching tool

Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today

Back to Overview

The content in this profile was updated on 08/06/2020, using data compiled from the SEC and FINRA.

Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.