AFS Investments
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
AFS Investments provides advisory and planning services to individuals (including high‑net‑worth and non‑HNW clients), retirement plan sponsors, trusts, and business entities, managing roughly $56 million for about 140 client relationships through a three‑advisor team. The firm’s core offerings include ongoing portfolio management, financial planning and consulting, and retirement plan consulting consistent with what many similar firms provide.
AFS uses both “bottom‑up” stock selection and “top‑down” model/asset‑allocation approaches, and clients can engage the firm on discretionary, non‑discretionary, or self‑directed terms; analysis draws on fundamental and technical inputs and the firm routinely monitors and rebalances accounts. For custody and execution the firm relies on a single institutional custodian platform and aggregates trades across client accounts when appropriate.
Compared with many peers, AFS recently formalized a Brokerage Concierge program focused on clients who custody accounts at its chosen custodian, and it offers retirement plan services that range from non‑discretionary fiduciary consulting to discretionary fiduciary management where the firm can act as the plan’s investment manager under ERISA. The firm also refers clients to third‑party RIAs and may retain sub‑advisors, arrangements that generate referral or sub‑advisory compensation and therefore create potential conflicts of interest the firm discloses.
Client services
Expertise
Occupation focus
Fee options
Fixed fees for consulting and financial planning services, minimum $500
$0 - $1,000,000: 1.50% annually (Discretionary - Bottoms Up) $1,000,000 - $1,999,999: 1.25% annually (Discretionary - Bottoms Up) $2,000,000 - $4,999,999: 1.00% annually (Discretionary - Bottoms Up) $5,000,000 - $9,999,999: 0.75% annually (Discretionary - Bottoms Up) $10,000,000 - $24,999,999: 0.50% annually (Discretionary - Bottoms Up) $25,000,000 - $39,999,999: 0.30% annually (Discretionary - Bottoms Up) $40,000,000+: Negotiable (Discretionary - Bottoms Up) $0 - $1,000,000: 1.00% annually (Discretionary - Top Down) $1,000,000 - $1,999,999: 1.00% annually (Discretionary - Top Down) $2,000,000 - $4,999,999: 1.00% annually (Discretionary - Top Down) $5,000,000 - $9,999,999: 0.75% annually (Discretionary - Top Down) $10,000,000 - $24,999,999: 0.50% annually (Discretionary - Top Down) $25,000,000 - $39,999,999: 0.30% annually (Discretionary - Top Down) $40,000,000+: Negotiable (Discretionary - Top Down) $0 - $1,000,000: 1.00% annually (Non-Discretionary) $1,000,000 - $1,999,999: 1.00% annually (Non-Discretionary) $2,000,000 - $4,999,999: 1.00% annually (Non-Discretionary) $5,000,000 - $9,999,999: 0.75% annually (Non-Discretionary) $10,000,000 - $24,999,999: 0.50% annually (Non-Discretionary) $25,000,000 - $39,999,999: 0.30% annually (Non-Discretionary) $40,000,000+: Negotiable (Non-Discretionary) $0 - $1,000,000: 1.00% annually (Qualified Accounts - Discretionary Level 3) $1,000,000 - $1,999,999: 1.00% annually (Qualified Accounts - Discretionary Level 3) $2,000,000 - $4,999,999: 1.00% annually (Qualified Accounts - Discretionary Level 3) $5,000,000 - $9,999,999: 0.75% annually (Qualified Accounts - Discretionary Level 3) $10,000,000 - $24,999,999: 0.50% annually (Qualified Accounts - Discretionary Level 3) $25,000,000 - $39,999,999: 0.25% annually (Qualified Accounts - Discretionary Level 3) $40,000,000+: Negotiable (Qualified Accounts - Discretionary Level 3) $0 - $1,000,000: 0.75% annually (Qualified Accounts - Discretionary Level 2) $1,000,000 - $1,999,999: 0.75% annually (Qualified Accounts - Discretionary Level 2) $2,000,000 - $4,999,999: 0.75% annually (Qualified Accounts - Discretionary Level 2) $5,000,000 - $9,999,999: 0.75% annually (Qualified Accounts - Discretionary Level 2) $10,000,000 - $24,999,999: 0.50% annually (Qualified Accounts - Discretionary Level 2) $25,000,000 - $39,999,999: 0.25% annually (Qualified Accounts - Discretionary Level 2) $40,000,000+: Negotiable (Qualified Accounts - Discretionary Level 2) $0 - $1,000,000: 0.50% annually (Qualified Accounts - Non-Discretionary Level 1) $1,000,000 - $1,999,999: 0.50% annually (Qualified Accounts - Non-Discretionary Level 1) $2,000,000 - $4,999,999: 0.50% annually (Qualified Accounts - Non-Discretionary Level 1) $5,000,000 - $9,999,999: 0.50% annually (Qualified Accounts - Non-Discretionary Level 1) $10,000,000 - $24,999,999: 0.50% annually (Qualified Accounts - Non-Discretionary Level 1) $25,000,000 - $39,999,999: 0.25% annually (Qualified Accounts - Non-Discretionary Level 1) $40,000,000+: Negotiable (Qualified Accounts - Non-Discretionary Level 1)
$150 to $500 per hour for consulting and financial planning services
Minimum fee: Minimum annual household fee of $500
Main office
See office200 N Broadway Ave, Suite E
Turlock CA 95380
Advisors at this office
1
Offices (3)
Most active in
California · Texas
Also doing business as
Afs Investments · Andrade Financial Services, Inc.
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Advisors at this firm
Tonia R
Series 63, Series 65
Salinas, CA
AFS Investments
Tonia Ryan is a financial advisor at AFS Investments with 16 years of industry experience. She holds Series 63 and Series 65 licenses and has worked at firms including Franklin Templeton and Waddell & Reed. Outside of her advisory role, she serves as a notary public in Sacramento, CA. AFS Investments provides advisory and planning services to individuals, retirement plan sponsors, trusts, and business entities, managing approximately $56 million across about 140 client relationships. The firm employs both bottom-up stock selection and top-down asset allocation strategies, offering clients discretionary, non-discretionary, or self-directed engagement options.
Glenn A
Series 63, Series 65
Turlock, CA
AFS Investments
Glenn Andrade is a financial advisor with AFS Investments in Turlock, California, holding Series 63 and Series 65 licenses and bringing 39 years of industry experience. He has worked at AFS Investments since 2012 and previously spent 10 years at Mutual Securities Inc. Andrade is also a licensed life insurance agent involved in the sale and servicing of life insurance policies. AFS Investments provides advisory and planning services to individuals, retirement plan sponsors, trusts, and business entities, managing approximately $56 million across about 140 client relationships. The firm employs both bottom-up stock selection and top-down asset allocation approaches, offering discretionary, non-discretionary, and self-directed engagement options.
Gary P
ChFC®, Series 63
Turlock, CA
AFS Investments
Gary Pevey is a financial advisor at AFS Investments with 32 years of industry experience. He holds the ChFC® designation and Series 63 license. His prior experience includes roles at Mutual Securities, Inc. and Wealth Design Group, where he worked for over two decades. Outside of advisory services, he is an agent for Wealth Design Group Insurance Corporation, involved in life, health, and disability planning. AFS Investments serves individuals—including high-net-worth and non-HNW clients—retirement plan sponsors, trusts, and business entities, managing approximately $56 million across about 140 client relationships. The firm employs both “bottom-up” stock selection and “top-down” asset-allocation strategies and offers discretionary, non-discretionary, or self-directed client engagement options.
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