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Andrew C Shumate

Bankers Life Advisory Services, Inc.

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About Andrew C Shumate

Andrew Shumate is an investment advisor representative associated with Bankers Life Advisory Services, Inc. Andrew is a Registered Representative in Maryland. He has been in the industry since 2024 and has a series 66 license. Andrew has experience with financial planning, portfolio management for individuals, and providing educational seminars. Andrew is also a 1099 agent for Bankers Life and Casualty Company (BLC) and is appointed with KFA through BLC. As an agent, Andrew writes business for Medicare Supplement, Annuity and Equity Indexed annuity insurance products, life insurance, health and LTC.

Firm Information

Andrew Shumate is currently registered with Bankers Life Advisory Services, Inc.. Bankers Life Advisory Services, Inc. is a Chicago, IL-based investment advisor with approximately $1 billion - $10 billion in assets under management. The firm provides financial planning, educational seminars, and portfolio management for individuals and pension and profit-sharing plans. They also offer selection of other advisors and participate in wrap fee programs.
Bankers Life Advisory Services, Inc.

303 E. WACKER DRIVE

CHICAGO, IL 60601

$1.49B

Assets Under Management

Not reported

Total Clients

409

Total Financial Advisors

Services Offered

Advisors offer a broad range of advisory services designed to meet the unique needs of individuals, businesses, and investment companies. These services provide professional guidance and personalized strategies to help clients achieve their financial goals.

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financial planning services

Comprehensive financial plans to help you achieve your personal and business goals.

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educational seminars & workshops

Seminars designed to boost your financial literacy and investment knowledge.

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selection of other advisors

Helps you choose top advisors aligned with your financial goals.

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portfolio management for individuals

Personalized portfolio management to meet individual financial objectives.

Fee Structure

Advisors may be compensated through a variety of fee structures, offering flexibility and transparency. This allows clients to choose the arrangement that best aligns with their financial objectives.

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percentage of assets

A percentage of the total value of assets under management is charged.

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other

Non-discretionary investment consulting services

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Andrew Shumate’s Registration & Firm History

MD

01/08/2025 - Present

Bankers Life Advisory Services, Inc. (Glen Burnie MD)

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Licenses & Designations

State Registrations

Active

Inactive

SRO Registrations

Disclosures

There are no public disclosures for Andrew C Shumate.
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