Benjamin F. Edwards & Company, Inc.
Benjamin F. Edwards & Company, Inc. is a St. Louis-based firm offering various wealth advisory services to a range of different clients. This is a fee-based financial advisor firm. It employs a large team of advisors to manage its assets under management (AUM).
As a fee-based firm, certain advisors at Benjamin F. Edwards can earn third-party compensation in addition to client-paid fees. A fee-only firm, on the other hand, focus entirely on client-paid fees.
Benjamin F. Edwards & Company Background
Benjamin F. Edwards operates as a privately held, full-service broker-dealer and registered investment advisor (RIA). Principally owned by Benjamin Edwards Inc., the firm was established in 2008 by chairman, CEO and president Tad Edwards.
The firm’s team holds various credentials, including the Certified Financial Planner™ (CFP®) designation.
Benjamin F. Edwards & Company Client Types and Minimum Account Sizes
Benjamin F. Edwards serves a range of clients, including non-high-net-worth and high-net-worth individuals, pension and profit-sharing plans, charitable organizations, corporations and an investment club.
The firm’s account minimums range from $5,000 to $160,000, depending on the portfolio or account.
Services Offered by Benjamin F. Edwards & Company
Benjamin F. Edwards & Company provides a range of financial advisory services to clients, including discretionary and non-discretionary investment advisory programs, financial planning, retirement plan consulting and investment management consulting.
In their discretionary advisory programs, advisors manage client accounts without requiring client approval for each transaction, allowing a streamlined approach to portfolio management. Non-discretionary accounts, by contrast, allow clients to retain control over transactions with advisor recommendations. Additionally, the firm offers a variety of wrap fee programs and legacy portfolios, providing model-based, active-passive and custom portfolio options, as well as personalized asset allocation and rebalancing services?.
Benjamin F. Edwards & Company Investment Philosophy
Portfolio managers generally employ long-term investment strategies that utilize charting, technical and fundamental analysis.
The firm offers a large variety of wrap fee program investment strategies:
- Benjamin F. Edwards Mutual Fund Portfolios
- Benjamin F. Edwards Mutual Fund Model Strategies
- Benjamin F. Edwards Active Passive Portfolios
- Benjamin F. Edwards Exchange Traded Fund Portfolios
- Benjamin F. Edwards Equity Portfolios
- Benjamin F. Edwards Private Portfolios
- Benjamin F. Edwards Separately Managed Portfolios
- Benjamin F. Edwards Unified Managed Account
- Benjamin F. Edwards Tax Transition Strategies
- Investment Management Consulting (with Execution)
- Benjamin F. Edwards Client Portfolios
- Benjamin F. Edwards Custom Mutual Fund Portfolios
- BNY Mellon Target Risk Portfolios (formerly Lockwood Asset Allocation Portfolios)
Fees Under Benjamin F. Edwards & Company
The firm offers several different fee schedules for its portfolios and investment programs. The firm’s advisory fees typically range from 0.65% to 2.75%, depending on the program or portfolio selected.
What to Watch Out For
The firm listed seven disclosures in its Form ADV. Also worth noting: certain advisors may earn commissions from third-party vendors. This can incentivize them to recommend products and services over others. That said, as a fiduciary, the firm is required to prioritize clients' needs over its own.
Opening an Account With Benjamin F. Edwards & Company
Benjamin F. Edwards offers several options for getting in touch. You can reach out to the firm through its contact form or you can set up an appointment with an advisor by calling the firm at (314) 726-1600 or (855) 382-1600.
All information was accurate as of the writing of this article.
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