Marc Andersen
The data on this page comes from a financial disclosure filed by Marc Andersen, who was picked to be: Assistant Secretary of the Army (Financial Management and Comptroller), Department of Defense. It is part of a collection of thousands of ethics documents ProPublica has been collecting from across the Trump administration.
Roles Outside Government
Officials are required to disclose paid or unpaid positions they hold or recently held outside the federal government, including roles as officer, director, trustee or employee. (Form 278e, Part 1)
| Organization | Position held | Endnote | Line No. |
|---|---|---|---|
| Andersen Advisory LLC | Founder and Managing Member, 7/2024 - Present | 1 | |
| VTech Solution, Inc (through Andsersen Advisory LLC) | Chairman, Board of Advisors, 5/2024 - Present | 2 | |
| Tesla Government | Temporary Senior Advisor, 9/2024 - 4/2025 | 3 | |
| Ernst & Young LLP | Senior Partner, 5/2002 - 7/2024 | 4 | |
| family trust | Trustee, 2/2020 - Present | 5 | |
| Virginia Veterans Services Foundation | Trustee and Vice Chairman, 10/2023 - Present | 6 | |
| Americas Warrior Partnership | Member, Board of Directors, 7/2024 - Present | 7 | |
| Trustar Youth Foundation | Vice Chairman, 2/2018 - Present | 8 | |
| Rotary Club | Founding Member, Paul Harris Fellow, 6/2011 - 5/2024 | 9 |
Employment Assets
Officials are required to disclose assets associated with their employment, including salary, retirement accounts, stocks, intellectual property and awards or prizes. (Form 278e, Part 2)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| Andersen Advisory LLC (Business Advisory Services - Consulting) | Andersen Advisory Income for the reporting period was for VTech Advisory Board Chair Fees of $22K ($2K per month (11 months paid to Andersen Advisory LLC.) and as a Senior Advisor to EY, LLP of $40K (beginning in February 2025 to present). Total of $62K. | 1 | |||
| U.S. Bank | $1,001 - $15,000 | $201 - $1,000 | Interest | 1.1 | |
| Ernst & Young LLP | $40,000 | Senior Advisor Fees | 1.2 | ||
| VTech Solution, Inc (IT Managed Services Firm) | $22,000 | Consulting Fees | 1.3 | ||
| VTech Solution, Inc, cash receivable | $15,001 - $50,000 | None (or less than $201) | 1.4 | ||
| Tesla Government (IT Services and IT Consulting) | $70,500 | Salary/Bonus | 2 | ||
| Ernst and Young LLP | 3 | ||||
| Ernst and Young LLP | $4.5M | K-1 Earnings | The figure provided includes finalized K-1 earnings received as well as $1,105,462 of estimated earnings from 1/1/24 through 6/30/24. The estimated figure is subject to adjustment until the 2024 K-1 is finalized in September 2025. | 3.1 | |
| Ernst and Young LLP, cash balance pension plan | $1M - $5M | $114K | Retirement Payments (annual) | 3.2 | |
| Ernst and Young LLP, defined benefit plan (value not readily available) | $205K | Retirement Payments (annual) | 3.3 | ||
| IRA A | 4 | ||||
| iShares S&P 500 (IVV) | $50,001 - $100K | None (or less than $201) | 4.1 | ||
| Vanguard Extended Market (VXF) | $100K - $250K | None (or less than $201) | 4.2 | ||
| Vanguard Total International Stock ETF (VXUS) | $100K - $250K | None (or less than $201) | 4.3 | ||
| Diamond Hill Short Duration Total Ret I (DHEIX) | $50,001 - $100K | None (or less than $201) | 4.4 | ||
| Dodge & Cox Income (DODIX) | $100K - $250K | None (or less than $201) | 4.5 | ||
| Osterweis Strategic Income (OSTIX) | $50,001 - $100K | None (or less than $201) | 4.6 | ||
| Schwab Value Advantage (SWVXX) | $50,001 - $100K | None (or less than $201) | 4.7 | ||
| IRA 1A | 5 | ||||
| IronGate Capital Advisors: IGPH II LLC | $100K - $250K | None (or less than $201) | 5.1 | ||
| IronGate Capital Advisors: IronGate Union, LLC Class B | $50,001 - $100K | None (or less than $201) | 5.2 | ||
| Trustar Bank Stock | $100K - $250K | None (or less than $201) | 5.3 | ||
| Trustar Bank Stock Warrants (value not readily ascertainable) | None (or less than $201) | 18000 shares: (a) grant $12, (b) exp. 03/25/28 | 5.3.1 |
Employment Agreements
Officials are required to disclose agreements relating to other jobs, including what will happen with any small businesses they own during government service and any continued health care coverage, planned leaves of absence, severance or bonuses. (Form 278e, Part 3)
| Organization | Agreement | Endnote | Line No. |
|---|---|---|---|
| Ernst and Young LLP | I will continue to participate in this defined benefit plan. (2002-05-01) | 1 | |
| Ernst and Young LLP | I will continue to participate in this cash balance pension plan. The plan sponsor to fund the plan annually. (2002-05-01) | 2 | |
| Ernst and Young LLP | My estimated earnings for the period 1/1/24-6/30/24 will be finalized when the firm finalizes the 2024 K-1 (September 2025). At that time, I will receive any needed adjustment payment, including a refund of excess tax withholding. (2002-05-01) | 3 | |
| Andersen Advisory LLC | This LLC will be inactive during my appointment and all outstanding client fees will be fixed before I enter government service. (2024-07-01) | 4 | |
| VTech Solution, Inc | I am owed a fixed cash receivable in lieu of stock appreciation rights. I will receive this payment before I assume the duties of Assistant Secretary. (2025-05-01) | 5 |
Compensation
Officials are required to disclose the sources of any compensation above $5,000 in a year. (Form 278e, Part 4)
| Organization | Description | Endnote | Line No. |
|---|---|---|---|
| Andersen Advisory LLC | Services as Founder and Managing Member | 1 | |
| VTech Solution, Inc (through Andersen Advisory LLC) | Services as Chairman, Board of Advisors | 2 | |
| Tesla Government | Services as Temporary Senior Advisor | 3 | |
| Ernst & Young LLP | Services as Senior Partner | 4 | |
| Ernst & Young LLP (through Andersen Advisory LLC) | Services as a Senior Advisor | 5 |
Spouse’s Assets
Officials are required to disclose their spouse’s assets, including salary and retirement accounts worth more than $1,000. (Form 278e, Part 5)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| Trustar Bank | 1 | ||||
| Trustar Bank | Salary and Cash Bonus | 1.1 | |||
| Trustar Bank, vested restricted stock | $100K - $250K | None (or less than $201) | 1.2 | ||
| Trustar Bank, unvested restricted stock | $500K - $1M | None (or less than $201) | 1.3 | ||
| Trustar Bank, vested incentive stock options (value not readily ascertainable) | None (or less than $201) | * 8,000 shares: (a) grant $10, (b) exp. 2/22/31 * 7,200 shares: (a) grant $12, (b) exp. 2/28/32 * 8,000 shares: (a) grant 12, (b) exp. 2/26/33 * 352 shares: (a) grant $12, (b) exp. 2/25/34 | 1.4 | ||
| Trustar Bank, unvested incentive stock options (value not readily ascertainable) | None (or less than $201) | * 2,000 shares: (a) grant $10, (b) exp. 2/22/31, (c) vest 2/22/26 * 4,800 shares: (a) grant $12, (b) exp. 2/28/32, (c) 2,400 shares vest on each of these dates: 2/28/26 and 2/28/27 * 12,000 shares: (a) grant $12, (b) exp. 2/26/33, (c) 4,000 shares vest on each of these dates: 2/27/26, 2/27/27, and 2/27/28 * 10,907 shares: (a) grant $12, (b) exp. 2/25/34, (c) 352 shares vest 2/26/26, 2,555 shares vest 2/26/27, 4,000 shares vest on each of these dates: 2/26/28 and 2/26/29 | 1.5 | ||
| Trustar Bank, vested non qualified stock options (value not readily ascertainable) | None (or less than $201) | * 3,648 shares: (a) grant $12, (b) exp. 2/25/34 | 1.6 | ||
| Trustar Bank, unvested non qualified stock options (value not readily ascertainable) | None (or less than $201) | * 5,093 shares: (a) grant $12, (b) exp. 2/25/34, (c) 3,648 shares vest 2/26/26 and 1,445 shares vest 2/26/27 | 1.7 | ||
| Trustar Bank, class B vested warrants (value not readily ascertainable) | None (or less than $201) | 6000 shares: (a) grant $10 (b) exp. 07/20/29 | 1.8 | ||
| Forge Insurance | 2 | ||||
| Forge Insurance | Director Fees | 2.1 | |||
| Forge Insurance, vested restricted stock | $15,001 - $50,000 | None (or less than $201) | 2.2 | ||
| Forge Insurance, unvested restricted stock | $1,001 - $15,000 | None (or less than $201) | 2.3 | ||
| IRA B | 3 | ||||
| Diamond Hill Short Duration Total Ret I (DHEIX) | $250K - $500K | None (or less than $201) | 3.1 | ||
| Dodge & Cox Income (DODIX) | $100K - $250K | None (or less than $201) | 3.2 | ||
| Osterweis Strategic Income (OSTIX) | $100K - $250K | None (or less than $201) | 3.3 | ||
| Trustar 401K | 4 | ||||
| Blackrock Total Return Fund - K | $15,001 - $50,000 | None (or less than $201) | 4.1 | ||
| BlackRock High Yield Portfolio - K | $1,001 - $15,000 | None (or less than $201) | 4.2 | ||
| State Street Equity Index 500 Index Fund - K | $50,001 - $100K | None (or less than $201) | 4.3 | ||
| JPMorgan Growth Advantage Fund | $15,001 - $50,000 | None (or less than $201) | 4.4 | ||
| Vanguard Mid-Cap Index Fund - Admiral | $15,001 - $50,000 | None (or less than $201) | 4.5 | ||
| Vanguard Small Cap Index Fund - Admiral | $15,001 - $50,000 | None (or less than $201) | 4.6 | ||
| iShares MSCI EAFE International Index | $15,001 - $50,000 | None (or less than $201) | 4.7 | ||
| DFA Emerging Markets Core Equity 2 | $1,001 - $15,000 | None (or less than $201) | 4.8 | ||
| IRA 1B | 5 | ||||
| Forge Group Inc (FIGP) (insurance) | $100K - $250K | None (or less than $201) | 5.1 |
Other Assets and Income
Officials are required to disclose other assets and sources of investment income belonging to them, their spouse or their dependent children. These include annuities, bonds, cash, college savings plans, farms, precious metals, real estate, stocks, trusts and wills. (Form 278e, Part 6)
| Description | Value | Income | Income Type | Endnote | Line No. |
|---|---|---|---|---|---|
| Goldman Sachs Financial Square Government Fund Institutional Class Shares (FGTXX) | $1M - $5M | $100K - $1M | 1 | ||
| U.S. bank MM and CD | $1M - $5M | $100K - $1M | Interest | 2 | |
| Dominion Energy, Inc. (D) | $1,001 - $15,000 | $201 - $1,000 | Dividends | 3 | |
| ISHARES Russell 1000 ETF (IWB) | $1M - $5M | $5,001 - $15,000 | 4 | ||
| Vanguard Growth Index Fund ETF Class Shares (VUG) | $100K - $250K | $2,501 - $5,000 | 5 | ||
| Vanguard Total International Stock Index Fund ETF Shares (VXUS) | $250K - $500K | $5,001 - $15,000 | 6 | ||
| FT Energy Income Partners Enhanced ETF (EIPI) | $500K - $1M | $15,001 - $50,000 | 7 | ||
| Trustar Bank | $1M - $5M | None (or less than $201) | 8 | ||
| NAC VersaChoice 10 Fixed Annuity (tracks S&P 500 Index) | $250K - $500K | None (or less than $201) | 9 | ||
| American Equity Fixed Annuity (tracks S&P 500 Index) | $250K - $500K | None (or less than $201) | 10 |
Liabilities
Officials are required to disclose their liabilities totaling more than $10,000, as well as any linked to their spouse or dependent children. These include mortgages, credit card debt and student loans. The interest rates and loan repayment terms are also required. (Form 278e, Part 8)
| Creditor | Description | Endnote | Line No. |
|---|---|---|---|
| Rocket Mortgage (VA) | type: Mortgage on Personal Residence, amount: $500,001 - $1,000,000, year-incurred: 2021, rate: 2.55%, term: 30 Year | 1 | |
| Rocket Mortgage (FL) | type: Mortgage on Personal Residence, amount: $250,001 - $500,000, year-incurred: 2021, rate: 2.25%, term: 30 Year | 2 | |
| Old Dominion National Bank (HELOC) | type: Mortgage on Personal Residence, amount: $50,001 - $100,000, year-incurred: 2021, rate: Prime minus a half, term: Revolving | 3 |
About the Data
Most political appointees and senior officials in the executive branch are required by law to file public financial disclosure reports. These are documents that detail their financial holdings, positions they hold outside government, their spouse’s holdings, their liabilities and their recent financial transactions (such as buying or selling stock) during a defined reporting period.
The most senior officials file their disclosures with an agency called the Office of Government Ethics, and others file them with a designated ethics official within their agency. The Ethics in Government Act allows members of the public and the press to request these documents.
We’re publishing this information to give the public an important glimpse into the financial ties of a powerful and often hidden cadre of presidential appointees within the federal bureaucracy.
The main document type included in the database is the OGE Form 278e, which appointees must file when they are nominated (for Senate-confirmed appointees) or when they enter government (all others), and then annually while in the position. Another common document included is the OGE Form 278-T, also known as a periodic transaction report, which all public filers must submit within 30 days of a transaction. We are also making other ethics documents available, such as ethics agreements, certificates of divestiture and other documents we have obtained under the Ethics in Government Act.
Join us on Wednesday, April 8 for a walkthrough of ProPublica's new database of financial disclosures from Trump appointees and any potential conflicts they reveal. Register here.
