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AFS Investments

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Client assets under management

$54,739,287

Clients

139

89% high-net-worth

Advisors

3

of 5 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

More info

Clients per advisor

46

Typical

Average account size

$393,808

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

Financial planning Portfolio management Selection of other advisers Portfolio monitoring/consulting

Expertise

Wealth management Active portfolio management Retirement plans for business owners (SEP, solo 401k)

Occupation focus

Executive Founder/Business Owner

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Fee options

Fixed

Fixed fees for consulting and financial planning services, minimum $500

Percentage

$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)

Project-based

$150 to $500 per hour for consulting and financial planning services

Other

Minimum fee: Minimum annual household fee of $500

Main office location

AFS Investments

200 N Broadway Ave, Suite E

Turlock CA 95380, United States

Number of offices

2

Most active in

More info

California · Texas

Disclosures

More info

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

More info

Forms ADV

Form ADV Part 2: Client Brochure

Quick links

Website 916-987-7335

Advisors at this firm

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user avatar

Tonia R

Series 63, Series 65

Sacramento, CA

AFS Investments

Tonia Ryan is a financial advisor at AFS Investments with 15 years of industry experience. She holds Series 63 and Series 65 licenses and has worked at firms including Franklin Templeton and Wealth Design Group. Outside of her advisory role, she is a self-employed notary public in Sacramento, CA. AFS Investments is a family-owned registered investment adviser serving individuals, trusts, retirement plan sponsors, and business entities. The firm employs both a bottoms-up stock selection and a top-down asset allocation approach, offering discretionary and non-discretionary portfolio management as well as ERISA fiduciary consulting for qualified retirement plans.

Wealth management Active portfolio management Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner
user avatar

Glenn A

Series 63, Series 65

Turlock, CA

AFS Investments

Glenn Andrade is a financial advisor at AFS Investments with 38 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at Mutual Advisors, LLC and Mutual Securities Inc prior to his current role. Outside of advisory work, he is a licensed life insurance agent involved in the sale and servicing of life insurance policies. AFS Investments is a family-owned registered investment adviser serving individuals, trusts, retirement plan sponsors, and business entities. The firm employs both a bottoms-up stock selection process and a top-down asset allocation approach, offering discretionary and non-discretionary portfolio management along with ERISA fiduciary consulting and retirement plan management.

Wealth management Active portfolio management Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner
user avatar

Gary P

ChFC®, Series 63

Sacramento, CA

AFS Investments

Gary Pevey is a ChFC® credentialed financial advisor with 32 years of industry experience. He has worked at AFS Investments since 2021 and previously spent seven years with Mutual Securities, Inc. Pevey has also been associated with Wealth Design Group since 1997, where he is involved in life and health insurance planning as an agent. AFS Investments is a family-owned registered investment adviser that serves individuals, trusts, retirement plan sponsors, and business entities. The firm offers a range of portfolio management and financial planning services using both bottoms-up stock selection and top-down asset allocation approaches.

Wealth management Active portfolio management Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner
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