Axos Invest, Inc

CRD#150953
Investment Advisor Firm

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Learn more about Axos Invest, Inc

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

    • Overview

    Axos Invest, Inc operates as a financial advisory firm that has its headquarters in Las Vegas, Nevada. The firm administers $154.5 million in assets under management throughout 22,991 client accounts, making it a mid-tier firm in the nation by assets under management (AUM). Axos Invest, Inc has a small team, including 9 financial advisors. Axos Invest, Inc does not act as a registered broker-dealer, signifying that it is not able to buy and sell securities for its own accounts as well as its customers' and instead is required to go through a broker-dealer company to do so. Securities are exchangable fiscal investments like bonds, options and equities.

    Axos Invest, Inc oversees all of its client assets on a discretionary basis. Discretionary management signifies that an investment advisor makes buy and sell decisions without needing the customer's consent. The investment advisory firm's average account size is $6,721. An average advisor at Axos Invest, Inc manages around 2,555 client accounts.

    Axos Invest, Inc's headquarters is located at 9205 W Russell Road, Las Vegas, Nevada 89148. The company is legally allowed to provide services to clients across 51 U.S. states and territories.

    Assets Under Management

    $154.5 million

    Number of Advisors

    9

    Disclosures

    No

    Office Location

    9205 W Russell Road
    Las Vegas, NV 89148

    Axos Invest, Inc by the Numbers

    Total Assets Under Management

    $154.5 million

    National Average: $8.6 billion
    Total Number of Employees

    11

    National Average: 64
    Total Number of Accounts

    22,991

    National Average: 375,227
    Average Account Size

    $6.7 thousand

    National Average: $23.0 thousand
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    Fee Structure

    Fees for financial management largely vary depending on which services the firm provides the client. However, fees charged by the company most likely are comprised of some combination of the following fee types: asset-based or fixed. The company does not participate in a wrap fee program, in which the company offers a service bundle for a comprehensive fee.

    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.

    • Offered by 32% 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 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 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.

    Back to Overview

    Types of Clients

    It works with retail investors. Out of its 22,991 clients, Axos Invest, Inc's biggest client group by number of accounts is retail investors. None of its clients are represented by people from outside of the U.S.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 100%
    • Corporations - 0%
    • 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

    Axos Invest, Inc does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Axos Invest, Inc

    Tracy Gallman
    Las Vegas, NV
    Chad Heidzig
    Las Vegas, NV
    Kian Fadaee
    Las Vegas, NV
    Haylie Kalinowski
    Las Vegas, NV
    James Thomas
    Las Vegas, NV
    Michael Klepper
    San Diego, CA
    Derek Tschudin
    Las Vegas, NV
    Jennifer Mcnulty
    Las Vegas, NV
    Jason Schroeder
    Omaha, NE

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