Ampersand Investment Advisors

Ampersand Investment Advisors is a small, state‑registered independent investment adviser that offers fee‑based investment advisory and financial planning to individuals, high‑net‑worth clients, pension and profit‑sharing plans, trusts, estates, charitable organizations, and business entities. Like many independent firms, it charges percentage‑of‑AUM fees and provides discretionary portfolio management for individual accounts.

The firm describes a tactical allocation approach intended to reduce risk and increase performance, applying fundamental, technical, and cyclical analysis and managing portfolios on a discretionary basis. Its investment toolkit is broad — including exchange‑listed and over‑the‑counter securities, foreign issues, options, fixed income, mutual funds, and interests in partnerships — and it also offers hourly investment consulting and fixed‑fee comprehensive financial planning.

Ampersand’s services include areas that are less common among small independent advisers: it provides qualified retirement plan consulting to plan sponsors and works with institutional clients, assisting with IPS development, vendor and fee review, and third‑party investment manager selection while expressly not serving as a Section 3(21) or 3(38) investment manager. The firm is newly formed and reported no clients or assets at the brochure date, and it is led by a principal who holds both CFP and CPA credentials (although the brochure states the firm does not intend to solicit tax or accounting engagements from advisory clients).