Andersen Wealth Management
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Andersen Wealth Management serves individual clients, including both retail and high‑net‑worth households, offering discretionary asset management, investment consulting and referrals to third‑party money managers, along with standalone Social Security planning. The firm reports about $95.3 million in discretionary assets under management across roughly 691 client relationships.
Portfolios are constructed from individual stocks, bonds, mutual funds and ETFs and are continuously monitored and rebalanced as needed; the firm uses industry subscription services for market signals and may engage independent third‑party managers on a legacy basis. Andersen conducts at least annual reviews with clients, generally manages accounts on a discretionary basis, and typically limits client‑imposed investment restrictions.
Notable distinctions include the firm’s regular educational seminars and workshops offered to the community and local colleges and representatives who are licensed insurance agents and may offer annuities and life insurance—which the brochure discloses can create potential conflicts of interest. The firm’s client load (about 170 clients per advisor) is higher than many peer teams, and it discloses an institutional custodial and platform relationship with Axos as well as legacy use of a previously recommended third‑party platform.
Client services
Expertise
Fee options
Flat fee of $300 for Social Security Planning service (may be complimentary for Asset Management clients)
1% to 2.5% annually (negotiable)
Account minimum: $100,000 Minimum fee: Minimum fee of 1% annually for Asset Management service Fee-only: Asset Management fees billed quarterly in advance as a percentage of assets under management, negotiable between 1% and 2.5%
Main office
6 West Dover Street
Easton MD 21601
Advisors at this office
4
Most active in
Delaware · Florida · Maryland · North Carolina · Texas · Virginia
Also doing business as
Andersen Wealth · Andersen Wealth Management · Michael Andersen Iar Of Potomac Fund Management · Michael Andersen Registered Investment Advisor · Michael Andersen Registered Investment Advisor L.L.C.
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Is not active or affiliated with:
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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
Quick links
Advisors at this firm
Adam L
Series 66
Easton, MD
Andersen Wealth Management
Adam Lybarger is a financial advisor at Andersen Wealth Management in Easton, MD, holding a Series 66 designation with 13 years of industry experience. His prior roles include positions at LPL Financial LLC and PNC Investments. He is also licensed as a producer for accident, health, and life insurance. Andersen Wealth Management provides asset management, investment consulting, and standalone Social Security planning services primarily to individual clients. The firm manages approximately $81 million for around 700 clients, tailoring portfolios to client objectives and offering discretionary account management with a variety of investment strategies.
Joseph L
Series 65
Easton, MD
Andersen Wealth Management
Joseph Lorenzo is a financial advisor at Andersen Wealth Management with three years of industry experience. He holds a Series 65 designation and previously worked for New Process Fibre for 30 years before joining Andersen Wealth Management. Andersen Wealth Management serves approximately 700 individual clients, managing about $81 million in assets. The firm offers asset management, investment consulting, and specialized Social Security planning, tailoring portfolios to client objectives using a range of securities and strategies, and provides educational seminars for the community.
Brady B
Series 65
Easton, MD
Andersen Wealth Management
Brady Bailey is a financial advisor with Andersen Wealth Management in Easton, MD, holding a Series 65 designation and having one year of industry experience. Prior to joining Andersen Wealth Management, he worked at McDaniel College and briefly at Auntie Anne's. Andersen Wealth Management provides asset management, investment consulting, and standalone Social Security planning to individual clients, managing approximately $81 million for about 700 clients. The firm offers tailored portfolios monitored and rebalanced on an ongoing basis, employs various investment strategies, and provides dedicated Social Security planning services along with educational seminars for the community.
Michael A
Series 63, Series 65
Easton, MD
Andersen Wealth Management
Michael Andersen is a financial advisor at Andersen Wealth Management with 15 years of industry experience. He holds Series 63 and Series 65 licenses and has been a registered investment advisor since 2008. Outside of his advisory work, he is the sole owner of a small property management company in Easton, MD, which he manages on a minimal basis. Andersen Wealth Management provides asset management, investment consulting, and standalone Social Security planning primarily to individual clients. The firm manages approximately $81 million across about 700 accounts, offering tailored portfolios that include stocks, bonds, ETFs, and mutual funds, with ongoing monitoring and discretionary management.
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