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Foxman Asset Advisors Inc.

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Client assets under management

$32,447,373

Clients

133

7% high-net-worth

Advisors

3

of 3 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

44

Typical

Average account size

$243,965

About

Foxman Asset Advisors provides ongoing discretionary and non‑discretionary portfolio management, financial planning, and consulting to individuals, trusts, foundations, and business entities. The firm reports approximately $32.4 million in assets under management across about 133 client accounts and generally charges asset‑based advisory fees for portfolio management.

Investment decisions are implemented under written Investment Policy Statements and guided by fundamental analysis, modern portfolio theory, and quantitative methods with a long‑term trading orientation; the firm typically recommends mutual funds and may employ municipal securities, ETFs, fixed income, REITs, and annuities in client portfolios. Foxman Asset Advisors also uses a third‑party platform (Pontera) to connect and rebalance held‑away defined contribution accounts and reviews managed accounts at least quarterly.

Distinctive features disclosed in the brochure include cross‑industry affiliations and dual‑licensed personnel: firm principals have ownership interests in an accounting group and related entities, and multiple advisers are licensed to sell insurance and act as registered representatives, a structure the firm acknowledges can create commission‑based conflicts and documents in client files. The firm requires custody at Charles Schwab Institutional or Interactive Brokers, describes access to Schwab institutional services and potential soft‑dollar benefits, and includes specific policies for municipal bond selection and related MSRB disclosures.

Client services

Financial planning Portfolio management Consulting services

Expertise

Income planning

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Fee options

Fixed

Financial planning fixed fees range from $1,500 to $10,000; Consulting fixed fees $55 per 15-minute consultation.

Percentage

$0 - $50,000: 1.85% $50,001 - $100,000: 1.80% $100,001 - $500,000: 1.70% $500,001 - $1,000,000: 1.30% $1,000,001 - $2,000,000: 0.80% $2,000,001+: 0.70%

Commissions

Commissions from sale of securities and insurance products by representatives outside advisory services, not primary source of firm compensation.

Project-based

$220 per hour for financial planning services.

Other

Fee-only: Portfolio management fees based on asset tiers as above; Financial planning fixed fees $1,500 to $10,000; hourly fees $220/hour; Consulting fixed fees $55 per 15-minute consultation.

Main office location

Foxman Asset Advisors Inc.

1700 Rockville Pike, Ste 110

Rockville MD 20852, United States

Number of offices

1

Most active in

Maryland · Virginia

Disclosures

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

Business activities & affiliations

Advisors at this firm

user avatar

Dzhemma M

Series 65

Rockville, MD

Foxman Asset Advisors Inc.

Dzhemma Menkeeva is a financial advisor at Foxman Asset Advisors Inc. with a Series 65 credential and one year of industry experience. Prior to joining Foxman Asset Advisors, she worked at PJSC Rosbank for eleven years and was affiliated with Suffolk University. She is also an insurance agent involved in client solicitation for insurance products through PKS Financial Services Inc. Foxman Asset Advisors provides portfolio management, financial planning, and consulting services to individuals, trusts, foundations, and business entities. The firm employs fundamental analysis, modern portfolio theory, and quantitative methods in its investment approach, typically pursuing a long-term trading strategy.

Income planning
user avatar

Kira R

Series 63, Series 65

Rockville, MD

Foxman Asset Advisors Inc.

Kira Rogozhina is a financial advisor at Foxman Asset Advisors Inc. with eight years of industry experience. She has held roles at Purshe Kaplan Sterling Investments, Avantax Investment Services, Inc., and NBAC Corporation. In addition to her advisory work, she is a licensed notary providing services in Virginia. Foxman Asset Advisors offers portfolio management, financial planning, and consulting services to individuals, trusts, foundations, and business entities. The firm employs fundamental analysis, modern portfolio theory, and quantitative methods within a long-term trading framework, typically working under discretionary authority to implement clients’ Investment Policy Statements.

Income planning
user avatar

Boris F

Series 63, Series 65

Rockville, MD

Foxman Asset Advisors Inc.

Boris Foxman is a financial advisor with Foxman Asset Advisors Inc. in Rockville, MD, holding Series 63 and Series 65 licenses and bringing 28 years of industry experience. He has held roles at Avantax Investment Services, Crump Insurance Agency, and other firms, and serves as president of iVenture Accounting Group, an accounting firm. He is also involved in several non-investment-related business activities including tax preparation and payroll services. Foxman Asset Advisors provides portfolio management, financial planning, and consulting services to individuals, trusts, foundations, and business entities. The firm employs fundamental analysis, modern portfolio theory, and quantitative methods to manage portfolios with a long-term approach, and utilizes custodians such as Charles Schwab and Interactive Brokers.

Income planning
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