Benjamin F. Edwards & Company, Inc
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Overview
Benjamin F. Edwards & Company, Inc is a financial advisor firm located in Saint Louis, Missouri. The firm oversees $11.3 billion in assets over 42,128 customer accounts, making it one of the biggest firms in the country by assets under management (AUM). Benjamin F. Edwards & Company, Inc has a large team, including 423 financial advisors. Benjamin F. Edwards & Company, Inc is not a registered broker-dealer, meaning the advisor cannot buy and sell securities for its own accounts as well as its customers' and instead must go through a broker-dealer company to do so. Securities are tradable financial investments like options, bonds and stocks.
Benjamin F. Edwards & Company, Inc oversees more than half of the firm's client assets in a discretionary manner. Discretionary management means that a portfolio manager has the discretion to make buy and sell judgments for the client's account without requiring the customer's consent. It also has 17,409 non-discretionary accounts with a total of $6.0 billion in assets. The firm's average account size is $267,339. The average financial advisor at Benjamin F. Edwards & Company, Inc administers about 100 client accounts.
The company's main office is located at One North Brentwood Boulevard, Saint Louis, Missouri 63105. It is allowed to serve clients throughout 51 U.S. states and territories.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Benjamin F. Edwards & Company, Inc by the Numbers
$11.3 billion
702
42,128
$267.3 thousand
Products and Services
Benjamin F. Edwards & Company, Inc offers a number of financial services, including 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 last financial year, Benjamin F. Edwards & Company, Inc provided financial planning services to 1-10 of its accounts. The firm is engaged in selling products or offering services apart from investment advisory services to its customers. It is also affiliated with one or more other service providers in the financial services industry, including with a broker-dealer or securities dealer and insurance company or agency.
Core Advisor Services
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Offered by 31% 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.
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Offered by 46% of firms
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
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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
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Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
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Publication of Periodicals
This is the publication of various financial education materials.
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Offered by 6% of firms
Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Financial management fees typically vary depending on which services are offered. However, fees charged by the firm can include the following fee structures: asset-based, hourly or fixed. The company does participate in a wrap fee program, in which the firm offers a bundle of services for a comprehensive fee.
Available
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Offered by 69% of firms
Percentage of Assets
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Offered by 21% of firms
Hourly
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Offered by 32% of firms
Fixed
Unavailable
Types of Clients
The company does business with a number of different investors. It provides services to retail investors, high net worth investors, pension plans, charitable organizations and corporations. Out of its 42,128 clients, Benjamin F. Edwards & Company, Inc's biggest client group is retail investors, though it also manages money for 102 high-net-worth individuals. The SEC defines a high-net-worth individual as an individual who has at least $750,000 under management or a net worth of more than $1.50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments). None of its customers reside abroad.
- High-Net-Worth Individuals* - 0.39%
- Other Individuals - 97.72%
- Corporations - 1.56%
- Charitable Organizations - 0.33%
* 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
Benjamin F. Edwards & Company, Inc does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at Benjamin F. Edwards & Company, Inc
Springfield, MO
Saint Louis, MO
Peoria, IL
Saint Louis, MO
Minneapolis, MN
Saint Louis, MO
Saint Louis, MO
Saint Louis, MO
Saint Louis, MO
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