BF/Anderson logo

BF/Anderson

Updated today

Client assets under management

$37,893,286

Clients

58

28% high-net worth

Advisors

3

of 3 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

19

Very Low

Average account size

$653,333

About

B.F. Anderson & Co., Inc. provides discretionary and non‑discretionary investment supervisory services to individuals (including high‑net‑worth clients), corporations, pension plans, trusts, estates and other entities. The brochure also indicates the firm reports relationships with insurance companies and pooled investment vehicles and offers both wrap‑fee and non‑wrap account arrangements.

The firm follows a "Focused Investing" approach that blends fundamental analysis, technical analysis and charting to concentrate portfolios in a limited number of U.S. small‑ to large‑capitalization companies. B.F. Anderson does not use margin or option strategies, does not charge performance‑based fees, and maintains ongoing account monitoring with daily trade review and quarterly appraisal reports.

Compared with many peers, the firm’s sponsorship of a wrap fee program and its reported work with insurance company and pooled vehicle clients are uncommon for a firm of its size and structure. With three advisors managing roughly $62.6 million across a small client base, the firm relies on Schwab Advisor Services for custody and execution and discloses the related institutional services and potential conflicts that can arise from that relationship.

Client services

Portfolio management

Expertise

Active portfolio management Passive / index investing

Fee options

Percentage

$0+: 2% annually (Wrap Fee Advisory Program, all-inclusive fee) $0+: 1.75% annually (Non-Wrap Advisory Services, advisory fees only)

Other

Account minimum: $50,000 (negotiable)

Main office location

BF/Anderson

2237 South Acadian Thruway, Suite 605

Baton Rouge LA 70808, United States

Number of offices

1

Most active in

Louisiana · Texas

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

Matthew S

Series 65

Baton Rouge, LA

BF/Anderson

Matthew Spencer is a Series 65 licensed advisor at B.F. Anderson with 15 years of industry experience. He has been with B.F. Anderson since 2008. B.F. Anderson is a state-registered investment adviser managing approximately $58.9 million for around 58 client relationships. The firm serves individuals, corporations, pension plans, trusts, estates, and other entities using a "Focused Investing" approach that combines fundamental and technical analysis to concentrate portfolios in selected U.S. companies without employing margin or options strategies.

Active portfolio management Passive / index investing
user avatar

Budd A

Series 63, Series 65

Baton Rouge, LA

BF/Anderson

Budd Anderson is a financial advisor at BF/Anderson with Series 63 and Series 65 credentials and 49 years of industry experience. He has been with B F Anderson & Co. Inc since 1995. B.F. Anderson & Co., Inc. is a state-registered investment adviser managing approximately $58.9 million across about 58 client relationships. The firm provides discretionary and non-discretionary portfolio management services to individuals, corporations, pension plans, trusts, and estates, employing a "Focused Investing" approach that combines fundamental and technical analysis to concentrate portfolios in U.S. companies without using margin or options strategies.

Active portfolio management Passive / index investing
user avatar

Amy A

Series 65

Baton Rouge, LA

BF/Anderson

Amy Anderson is a Series 65-licensed financial advisor with 13 years of industry experience. She has been with B.F. Anderson & Company since 2013 and also works with Purcell Advisory Services, LLC. B.F. Anderson & Co., Inc. manages approximately $58.9 million across about 58 client relationships, providing discretionary and non-discretionary portfolio management for individuals, corporations, pension plans, trusts, and other entities. The firm employs a "Focused Investing" approach that integrates fundamental and technical analysis to concentrate portfolios in a select number of U.S. companies, avoiding margin and options strategies.

Active portfolio management Passive / index investing
Warmer team member

Not sure where to start?

We'll help you think it through – whether you ultimately need an advisor or not.

Call (201) 292-4557

Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.

By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev

© 2026 Warmer Holdings Inc. ("Warmer")