# Andrew Sherman

> Andrew Sherman is a fee-only financial advisor at Bankschannel Advisors in Roanoke, Virginia. Bankschannel Advisors reports charging a percentage of assets, hourly fees and fixed fees on its Form ADV.

Page: https://find.wellspent.co/advisors/andrew-sherman/
Built from SEC adviser records; last checked October 30, 2026.

## Facts

- **Firm:** Bankschannel Advisors
- **Based in:** Roanoke, Virginia
- **Fee model (firm's Form ADV):** Percentage of assets; Hourly; Fixed fees
- **Assets under management (firm):** $13.2M across 35 accounts
- **CRD:** 5974363 (https://adviserinfo.sec.gov/individual/summary/5974363)
- **SEC registration:** Investment adviser representative in VA
- **Exams passed:** Series 65 (2011)
- **Firm size:** 1 employee
- **Disclosures:** None reported
- **Website:** http://www.bankschanneladvisors.com

## Frequently asked questions

### Is Andrew Sherman a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Andrew holds no broker registration, and Bankschannel Advisors reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Andrew charge for financial advice?

Andrew's firm, Bankschannel Advisors, reports charging a percentage of assets, hourly fees and fixed fees on its SEC Form ADV.

### Where is Andrew Sherman based?

Andrew Sherman is based in Roanoke, Virginia.

### Is Andrew Sherman registered with the SEC?

Yes. Andrew Sherman is registered as an investment adviser representative in VA (CRD 5974363), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Bankschannel Advisors manage?

Bankschannel Advisors reports $13.2M across 35 accounts in assets under management.

### How do I contact Andrew Sherman?

Through Andrew's website, www.bankschanneladvisors.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/5974363): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.