Andrew Comstock CFAAndrew is a Financial Advisor. He helps clients achieve financial independence, build, manage, and preserve wealth and manage investments.
- Leawood, KS
- (913) 562-9082
“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.
EducationBSBA, Finance, University of Tulsa
RegistrationsIndividual CRD #5523171
Typical ClientsBusiness Owners Young couples Young professionals
How I Can HelpPersonal Finance Retirement Investing
Fee StructureFee-only Commission and Fee Commission Hourly Other Contingency
Typical minimum Client Assets:$100,000
Andrew In The News
- Saving For Your Kids Beyond A 529 Plan Castlebar Asset Management Blog | 03-19-15
- A Financial Guide To Owning Your Company’s Stock Castlebar Asset Management Blog | 03-05-15
- Is your family prepared for a financial emergency? Castlebar Asset Management Blog | 02-11-15
- A Game Plan For Parents: Paying For Private School Castlebar Asset Management Blog | 01-29-15
- How can I teach my teenager about money? Castlebar Asset Management Blog | 01-22-15
- Paying Off Your Mortgage or Investing Can Be a Tough Call Advisor Voices | 01-21-15
- Should I pay off my mortgage early or invest? Castlebar Asset Management Blog | 01-21-15
- 6 Financial Planning Moves Before Year End Castlebar Asset Management Blog | 12-04-14
- Financial discussions to have with your parents as they approach retirement Castlebar Asset Management Blog | 11-19-14
- Changes To 2015 Retirement Plan Contribution Limits Castlebar Asset Management Blog | 10-30-14
- 401(k) Year End Review Checklist Castlebar Asset Management Blog | 10-09-14
- Global Stock Market Viewpoints: Third Quarter 2014 Castlebar Asset Management Blog | 10-03-14
- US Market Viewpoints: 3rd Quarter 2014 Castlebar Asset Management Blog | 10-02-14
- Review Your 401(k) Accounts for Best Performance Nerd Wallet | 09-26-14
- 5 things to consider before paying off student loan debt early Castlebar Asset Management Blog | 09-17-14
- Investors Unaware How Good Times Are For Them Castlebar Asset Management Blog | 08-21-14
- Market volatility causing you anxiety? 3 questions to ask yourself. Castlebar Asset Management Blog | 08-07-14
- Market volatility causing you anxiety? 3 questions to ask yourself. Castlebar Asset Management Blog | 07-24-14
- Checking One Form Could Save Your Family Headaches In The Future Castlebar Asset Management Blog | 07-16-14
- 5 keys to a successful late-start retirement plan MarketWatch | 07-01-14
- What is a parent to do: Save for retirement or their children’s college? Castlebar Asset Management Blog | 06-19-14
- Is Taking A Loan From Your 401(k) Found Money Or An Enormous Mistake? Read more: http://www.nasdaq.com/article/is-taking-a-loan NASDAQ.com | 05-07-14
- What has fueled the market rally? Castlebar Blog | 12-12-13
Contact:Phone: (913) 562-9082 Address: 11233 Nall Ave Suite 100
Leawood, KS 66211 firstname.lastname@example.org http://www.castlebaram.com
Andrew has answered 48 questions
7 out of 9 found this helpful
Having an emergency fund established is a foundation to becoming financial independent. The next step
Having an emergency fund established is a foundation to becoming financial independent. The next step once you have reached your goal of having three to six months in your emergency fund is how should you investment this money.
When it comes to where to put an emergency fund you should think safety first. This account is not something you are looking to maximize returns. It is there to provide a cushion when the unexpected happens. Your emergency fund should be in either a savings or money market account. In today’s low interest rate world it might seem like nails on a chalk board to hold cash and earn next to nothing. In the moment you need it you’ll be pleased it is there.
Setting up a savings account at an FDIC insured financial institution is a great place to hold this account. Another option is to put it in a money market fund with mutual fund or brokerage company. Money markets could enable you to pick up a little bit more interest but still meet the liquidity requirements needed.
If you just can’t bear the interest rates offered in savings or money market accounts there are a few other options.
Online savings accounts are a way to pick up between 0.5% to 1% in interest over traditional savings accounts. There are many great sites out there that will show which banks are paying the best rates.
Breakable CDs can be a way to get rewarded for parking your emergency fund for a longer period of time. Banks offer a certificate of deposit that will allow you to withdraw money with only a slight penalty of a month or two of interest payments. CDs have the additional benefit of keeping this cash outside of your immediate reach. If you are tempted to use your emergency fund to buy discretionary items this could be a good choice
Blending these accounts or investments is also a smart decision. Keeping three months of expenses in a savings account and three months in CDs or some other combination is an intelligent way to invest your emergency fund.
It is smart to start saving for retirement using a Roth IRA. I would not use it for your emergency account. It best to keep those seperate.
3 out of 3 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
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!
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
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.
2 out of 2 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
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.
2 out of 2 found this helpful
You have many options to look at given the information you have provided. You do not have contribute
You have many options to look at given the information you have provided. You do not have contribute the max to your 401(k) of $17,500 before you look at other accounts.
I would recommend you take a macro look at your investment and retirement accounts. If you have 75% or more of your investments in tax deferred retirement account than looking at a taxable account may be something to consider. Having diversification in your portfolio is important in both your investments and what type of accounts you have.
You mentioned a Vanguard ETF. You may want to compare the costs of your 401(k) funds to Vanguard's ETFs. If there is a big difference it may be smart to open a Roth (if you are eligible) in addition to your 401(k) contribution. The Roth has many advantages but you do lose the current tax deduction now so keep that in mind.