Andrew Comstock

Andrew Comstock CFA

About Andrew

“I offer comprehensive, fee-only financial advice and investment management to individuals and business owners.”

Andrew Comstock has more than 13 years experience as a portfolio manager where he provided clients expertise in investment management, financial planning and retirement planning. He founded Castlebar Asset Management, a fee only registered investment advisory firm, in order to provide his clients with the highest degree of service, independent financial advice and expertise. Mr. Comstock has demonstrated his commitment to his profession by earning the financial industry’s top credential in the Chartered Financial Analyst (CFA) accreditation. Andrew specializes in working with individuals and business owners in the areas of portfolio management, estate planning, and business retirement planning. Castlebar works with clients in the Johnson County Area which includes: Leawood, Overland Park, Lenexa, Shawnee, Olathe, Mission Hills, Prairie Village, Fairway, Westwood as well as Kansas City, Missouri. 

Education

BSBA, Finance, University of Tulsa

Certifications

Registrations

Individual CRD #5523171

Typical Clients

Business Owners Young couples Young professionals

How I Can Help

Personal Finance Retirement Investing

Fee Structure

Asset-based Fee-only Commissions Hourly Other Contingency
Learn more about how advisors are paid in our Guide to Advisor Compensation.

Typical minimum Client Assets:

No preference

Andrew In The News

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Contact:

Phone: (913) 562-9082 Address: 11233 Nall Ave Suite 100
Leawood, KS 66211
andrew@castlebaram.com

Andrew has answered 40 questions

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Andrew Comstock
Answer added by Andrew Comstock | 1034 views
6 out of 6 found this helpful

Welcome back to the US. I lived abroad for almost 5 years and moved back to the US and faced some of

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Welcome back to the US.

I lived abroad for almost 5 years and moved back to the US and faced some of the same challenges. You should be able to establish credit relatively quickly given some of the information you have presented. Having assets will make you an attractive candidate to lend to for a bank.

The bank you open your checking and savings account will be a great place to start building your credit. They will be able to issue you a credit card and line of credit for an auto loan if you have enough assets with them. Your home loan may take sometime to move forward on. Once you are able to demonstrate to the bank or lender you have a working history in the US (sometimes 2 years) they should feel comfortable to move forward on a mortgage and you'll have a credit score established at that point as well. It could happen quicker but you'll have to work with your banker to see what their underwriters are looking for.

Also don't forget about your pension accounts you have accumulated overseas. If you have contributed to them you can sometimes receive them as a lump sum payout. There are tax issues surrounding this so I would recommend talking to a CPA before moving forward.

Good luck with your transition.

Andrew Comstock
Answer added by Andrew Comstock | 179 views
4 out of 4 found this helpful

A direct rollover from a 401(k) will not trigger a tax event. If you roll the Roth portion into a Roth

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A direct rollover from a 401(k) will not trigger a tax event. If you roll the Roth portion into a Roth IRA, the regular 401(k) and employer contribution into a traditional IRA you should not have any issues. The plan sponsor or an investment advisor can walk you through how to make sure this is not a taxable event for you.

Hope this helps!

Andrew Comstock
Answer added by Andrew Comstock | 1134 views
3 out of 3 found this helpful

Your options are going to be very limited. You can also add 2 or 3 month T-Bills to the list that Curt

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Your options are going to be very limited. You can also add 2 or 3 month T-Bills to the list that Curt provided you.

Since principal protection is critical think return of your money over return on your money.

Andrew Comstock
Answer added by Andrew Comstock | 539 views
2 out of 2 found this helpful

I think it is terrific that you are taking a proactive approach to retirement at 22. I would concur with

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I think it is terrific that you are taking a proactive approach to retirement at 22. I would concur with the others who have responded to your question that you should contribute to a ROTH IRA. The only caveat is if you are thinking about contributing to a retirement plan at work like a 401(k). If your company's match is generous and the vesting schedule is short given you are considering going to grad school it may be the better way to go.

Andrew Comstock
Answer added by Andrew Comstock | 210 views
2 out of 2 found this helpful

The fees you need to look at are: Transaction Fees: These occur when make a transaction in a stock. Many

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The fees you need to look at are:

  • Transaction Fees: These occur when make a transaction in a stock. Many mutual funds do not have transaction fees. Some ETFs also are now commission free.
  • Administrative Fees: Some online firms still charge a quarterly or annual admin fee. If your account is below a certain dollar amount you may see these and they would show up on your statement.
  • Mutual Fund Management Fees: You won't see these deducted from your account but can go to Morningstar.com and check to see what these funds costs.
Hope this helps.

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