Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Selection of Others Advisors
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Charitable Organizations
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Tandemgrowth Financial Advisors, LLC Overview
TandemGrowth Financial Advisors, LLC is a fee-only registered investment advisory firm, headquartered in Alpharetta, GA. The firm has been in business for over six years, since its establishment in 2014. As a legal investment advisory firm, TandemGrowth Financial Advisors, LLC only provides investment advice and does not engage in self-dealing or sales activities. The firm specializes in providing financial planning and portfolio management services to individuals and small businesses alike. As a fee-only advisor, the firm's fees are structured to align with the client's best interests as opposed to commission-based products. This ensures that the client gets unbiased and transparent financial advice, with no hidden fees or charges. TandemGrowth Financial Advisors, LLC takes its fiduciary duty as a registered investment advisory firm seriously. The firm is committed to transparency, integrity, and professionalism in all its dealings with clients. Additionally, the firm also offers an added service of selecting other advisors that it believes are also suitable for the client's needs.
TANDEMGROWTH FINANCIAL ADVISORS, LLC is a reputable financial consulting firm that caters to a diverse clientele. They provide professional advisory services to individuals looking to enhance and secure their financial stability, high net worth investors seeking guidance on investment strategies, and charitable organizations in need of financial planning and management. The firm recognizes the unique needs and challenges each client faces and works to deliver tailored solutions that exceed expectations. When it comes to fees, TANDEMGROWTH FINANCIAL ADVISORS, LLC presents various options depending on the service provided. For instance, clients interested in investment management can choose a percentage of assets under management (AUM) fee structure, where the firm receives a percentage of client assets they manage. Alternatively, for services such as financial planning and wealth management, clients may opt for fixed fees that are based on the complexity of their financial situation. Regardless of the chosen fee structure, TANDEMGROWTH FINANCIAL ADVISORS, LLC ensures that they provide transparent, cost-effective, and value-based services to their clientele."
Typical Clients, Fee Structures & Investment Minimum
TandemGrowth Financial Advisors, LLC requires a $1,500 minimum quarterly fee for its Wealth Management Services. However, the firm does not impose a minimum portfolio value requirement for its NextGen Services. Clients receiving Wealth Management Services who maintain less than $600,000 under the firm's management or advisement and are subject to the $1,500 minimum quarterly fee will pay a higher percentage annual fee than the 1% referenced in the fee schedule provided in Item 5.A. TandemGrowth may reduce or waive these minimum portfolio value requirements in its sole discretion based upon certain criteria.
How This Office Can Help Alpharetta, GA Residents
As TandemGrowth Financial Advisors LLC is a registered investment advisory firm, they focus on creating a personalized financial plan for each of their clients by incorporating their unique financial goals, risk tolerance, and investment preferences. Their team of experienced advisors understands the financial situations of individuals and families in Alpharetta, including affluent professionals, high-net-worth couples, and retired seniors. Some of the specific issues facing someone in Alpharetta may include managing wealth for retirement, creating an estate plan, planning for education costs, and dealing with inheritance or windfalls. TandemGrowth Financial Advisors LLC works closely with their clients to develop a comprehensive financial plan that addresses these issues while also considering market conditions and economic trends. They also focus on optimizing investment strategies while managing and minimizing risk to help their clients grow their wealth. TandemGrowth's approach to financial advisory entails providing a structured and transparent process to help clients make smart financial decisions to build long-term wealth. Overall, the firm's goal is to help clients achieve their financial objectives so they can enjoy peace of mind and focus on what matters most to them.
Services Offered by Tandemgrowth Financial Advisors, LLC
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Tandemgrowth Financial Advisors, LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
- Mon 9 AM–5 PM
- Tue 9 AM–5 PM
- Wed 9 AM–5 PM
- Thu 9 AM–5 PM
- Fri 9 AM–5 PM
- Sat Closed
- Sun Closed
Other Office Locations
This firm has no other locations.
State Registrations
Tandemgrowth Financial Advisors, LLC is registered to service clients in the following states:
- Florida
- Georgia
- New Hampshire
- North Carolina
- South Carolina
- Texas
Disciplinary History
Tandemgrowth Financial Advisors, LLC does not have any disclosures. Please visit it's Form ADV for more details.