Anderson Advisors ??

Question

Has anyone used Anderson Advisors for any of your accounting or legal setups?

Linda Weygant · Answer

My clients who have used Anderson Advisors have consistently made the observation that all of their first few years of profits went to cover the unbelievably high bill of setting of their "structure".

Barb Pastwa · Answer

Thanks Ryan - much appreciate the input.

Ryan Lesley · Answer

Hey Barb,

I currently use them and so far haven't had any issues or problems with them. I had them set up my LLC for my real estate agent business and am currently a platinum member which has a few advantages like legal document review, unlimited tax questions, and some other perks for $35/month. When I set up my LLC the package, at the time, came with a Land trust so that was a nice bonus. But what I would suggest is check out their free strategy session where they will talk through your needs and can schedule you for one of their free webinars, where they educate you on entity structuring and tax strategies. I did both of these things before making my decision and really liked that they seek to educate you in addition to being a one stop shop for both business advising and CPA services. Not to mention they are real estate investors themselves.

Hope that helps, best of luck 🤝🍀

Tory Dennis · Answer

Hi, sorry for the delayed response. My experience has been good I haven't had any issues personally. They are expensive but also very knowledgeable.

Spencer Douglas · Answer

I regret writing this bad review, BUT I HAVE TO. It has reached a boiling point, that I cannot take it anymore. As a client of 5+ years, it has just been TOO MUCH, recently. They have cost my business tens of thousands of dollars and countless wasted hours of follow ups and missed opportunities. See below. ANDERSON BUSINESS ADVISORS has been extremely dissapointing. I have been a "TITANIUM CLIENT" for 5+ years (their highest level tier of service), and it has been an absolute NIGHTMARE for the last year or so. They have failed to renew my entities with the Secretaries of State multiple times, have billed me wrong amounts, and GREATEST OF ALL, have cost my business ~$50K in cumulative TAX PENALTIES due to negligence in filing for a tax extension, failing to walk me through my tax filings and needed payments, and failing to file an abatement promptly. They have lost many employees and the level of service and quality has been dismal. You will spend lots of time checking the quality of their work, from TAXES, to the most mundane administrative work of Registered Agent services. They can't do their job right. They have dropped the ball on me and my businesses many countless times in the last year or so. Go look elsewhere. Their "Titanium Service" does NOT mean anything, other than they would ask you to pay $10K to sign up for it. AWFUL. They have also outsourced their TAX SERVICES and despite my constant request to expedite my tax filing so that we can apply for a CRITICAL BUSINESS LOAN TO EXPAND OUR BUSINESS, THEY SAT ON OUR TAX and BOOKEEPING files for 7 months. We only just started to file 2022 taxes in August! Unbelievable! We STILL have not received our construction loan from our bank because of this DELAY in tax filings! We have 8 business entities availing of their services, and as "advisors", they should make business life easier -- not add more work on your plate --- but instead, my team and I have been checking for mistakes, or following up on action items, missed deadlines, and paying penalties to the IRS and Secretaries of State due to their negligence. As an entrepreneur, you should be focused on running and growing your business, not constantly worrying about and following up on your "business advisor". It is a sham. Anderson does NOT make life easier for you. They DO NOT HAVE YOUR BACK. They do not care. Their leadership does not even care to follow up or give a courtesy call. I've sent so many follow-ups, and the issues remain. Believe me - as a "Titanium Client" for 5 years - I have used ALL of their services, and I KNOW first-hand how Anderson's service has, SADLY, deteriorated. I suggest that you hire someone else that really has your back. The recent consecutive mistakes have been so EGREGIOUS, that I honestly thought that it was either A SICK JOKE, or some coordinated attempt to push out some of their tenured clients. I can only guess. What I am sure of, though, is that Anderson has NEGLECTED me and my 8 entities. It has gone really, really bad. I have yet to see how Anderson handles this now that I have written this HONEST review. I will provide an update when I hear back or have substantial resolution to my issues. Should I hold my breath?

Barb Pastwa · Answer

Late response Linda. Just wanted to say thanks for replying - that's what my impression was as well.

Michael Plaks · Answer

Search "Anderson Advisors" on this forum. There have been multiple long threads where people discussed their experience with this firm. Both good and bad.

Tory Dennis · Answer

hi,

I am a current client of anderson, they formed my trust and multiple entities at this point. Yes they do cost a bit more to form entities but the quality and knowledge they produce is very good in my opinion. I am also a platinum member and I do like being able to just shoot an attorney a question or have them do a scenario for me so i have the best course of action from a tax and asset protection stand point. They offer a ton of free content on youtube also. Hope this helps!

Kirstin A. · Answer

Hi @Tory Dennis I'd be interested in how Anderson is doing for you since your last review 7 months ago? I signed up for a package after a phenomenal presentation of theirs. I can get a refund for a few weeks, so just touching base with those of you who have used their service for a while. What's your current experience? Thanks in advance.

Kirstin A. · Answer

Hi Ryan - I'd be interested in hearing how Anderson has been for you since your last review 10 months ago? I'm comparing them to Prime Corp.Given some of the negative reviews for both, I wonder if it simply depends on which rep employee you are assigned to in each business, and their skills set and experience. I know that Prime is having growing pains because a few large mentorships now offer deals with a Prime sign up, so they are overwhelmed. I just attended a 7 hour Anderson webinar yesterday and the two owners gave a phenomenal presentation for free. The amount of knowledge I walked away with was incredible. I signed up, but can get a refund in a few weeks if I change my mind. Do you have more to add here about Anderson? Thanks in advance.

Anderson Advisors ??

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