Archer Investment Corporation

CRD#136403
Investment Advisor Firm

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Learn more about Archer Investment Corporation

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Archer Investment Corporation is located at 11711 N. College Ave, Carmel, IN. The firm employs 82 financial advisors to manage client portfolios and provide financial guidance. Archer Investment Corporation is not a registered broker-dealer.

    Archer Investment Corporation oversees $749.2 million in assets under management across 3,810 accounts, all of which are discretionary. The services offered include portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for institutional clients, and pension consulting services. The firm caters to retail investors, high net worth investors, investment companies, and pension plans, with retail investors being the largest client type by accounts. The fee structure at Archer Investment Corporation is asset-based. The firm has 85 high net worth clients and maintains affiliations with an accountant or accounting firm.

    Archer Investment Corporation is registered in the states of Alabama, Alaska, Arizona, California, Colorado, Connecticut, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Minnesota, Missouri, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, and Wisconsin.

    Assets Under Management

    $749.2 million

    Number of Advisors

    82

    Disclosures

    No

    Office Location

    11711 N. College Ave
    Carmel, IN 46032

    Archer Investment Corporation by the Numbers

    Total Assets Under Management

    $749.2 million

    National Average: $8.6 billion
    Total Number of Employees

    82

    National Average: 64
    Total Number of Accounts

    3,810

    National Average: 375,227
    Average Account Size

    $196.6 thousand

    National Average: $23.0 thousand
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    Fee Structure

    Financial advisory fees typically vary depending on the type of services provided. Fees billed by Archer Investment Corporation typically consist of the following fee structure: asset-based.

    Available

    • Offered by 69% 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.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      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.

    • Find one of the 1% 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 26% 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 0% 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 32% of firms that offer this fee type

      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.

    • Find one of the 10% 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.

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    Types of Clients

    The firm provides services to retail investors, high net worth investors, investment companies, and pension plans. Out of its 4 clients, Archer Investment Corporation's largest client type by number of accounts is retail investors, but it also serves 85 high-net-worth individuals. The SEC defines a high-net-worth individual as a person who has at least $750,000 in AUM or a net worth of more than $1,50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 2.23%
    • Other Individuals - 96.88%
    • Corporations - 0.89%
    • Charitable Organizations - 0%

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

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    Disclosures

    Archer Investment Corporation does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Archer Investment Corporation

    Ricky Melton
    Murray, KY
    Andrew Hart
    Tallassee, AL
    Adam Oates
    Greensboro, NC
    Elizabeth Newton
    Charlotte, NC
    Slade Buell
    Burleson, TX
    Kurtis Ternet
    Carmel, IN
    Gabriel Cena
    Woodland Hills, CA
    Ronald Odom
    Tempe, AZ
    Sanjay Asija
    Barrington, IL

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