Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Pension Consulting Services
- Selection of Others Advisors
- Educational Seminars & Workshops
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Banking Institutions
- Pension & Profit Sharing Plans
- Charitable Organizations
- State & Municipal Govt Entities
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
- Other
Royal Alliance Associates, Inc. Overview
Royal Alliance Associates, Inc. is a fee-based broker-dealer and insurance broker/agent located in Jersey City, NJ. The firm has been in business since 1997, providing a wealth of experience and knowledge in the financial industry. As a registered investment advisory firm, Royal Alliance Associates, Inc. offers a range of investment services to individuals and businesses. Their financial planning services are designed to help clients create a plan that will meet their unique financial goals and objectives. In addition, their portfolio management services are tailored to the needs of individuals, small businesses, and larger businesses or institutional clients. With a focus on pension consulting services, Royal Alliance Associates, Inc. helps clients manage their retirement plans and ensure they are properly funded. One of the standout features of Royal Alliance Associates, Inc. is their commitment to education. They offer educational seminars and workshops to help clients better understand their financial options and make informed decisions. Additionally, the firm also provides selection of other advisors, ensuring that clients have access to a wide range of experts to help them meet their financial goals. Overall, Royal Alliance Associates, Inc. is a well-established and reputable financial firm with a range of investment services to offer clients.
ROYAL ALLIANCE ASSOCIATES, INC. is a financial services firm that provides a wide range of investment solutions to its clients. The types of clients served by the firm include individuals, high net worth individuals, banking institutions, pension or profit sharing plans, charitable organizations, state or municipal government entities, and other corporation types not listed. Each client group has unique needs and objectives that ROYAL ALLIANCE ASSOCIATES, INC. endeavors to meet through its various services. When it comes to the fee structures available at ROYAL ALLIANCE ASSOCIATES, INC., clients have several options depending on the type of service provided. For instance, the firm may charge a percentage of assets under management (AUM) as a fee. Alternatively, clients can opt for an hourly fee structure that covers the time and expertise spent on a particular project. Fixed fees are also available for clients who prefer a predetermined cost for a specific service. ROYAL ALLIANCE ASSOCIATES, INC. may also provide other types of fees, such as performance-based fees, contingency fees, or retainer fees. Regardless of the fee structure chosen, all clients enjoy personalized services tailored to their specific needs and objectives.
Typical Clients, Fee Structures & Investment Minimum
The investment minimum for ROYAL ALLIANCE ASSOCIATES, INC.'s VISION2020 Wealth Management Platform - Advisor Managed Portfolios is $50,000. However, the investment minimum for their Unified Managed Account Program varies depending on the investment manager and asset allocation model selected, but it cannot be lower than $5,500. Their Third Party Advisory Services each have their own minimums, while there is no minimum for Financial Planning, Consulting Services, Non-Discretionary Investment Services, or Retirement Plan Consulting. Additionally, all account minimums may be waived at the sole discretion of the Program Sponsor.
How This Office Can Help Phoenixville, PA Residents
As a leading financial advisory firm, Royal Alliance Associates Inc is dedicated to providing clients in Phoenixville, PA with unparalleled services and solutions to overcome their financial challenges. With a team of experienced financial advisors, the firm offers comprehensive wealth management services to help clients navigate the complexities of their financial lives. For individuals in Phoenixville, PA, Royal Alliance Associates Inc can provide tailored financial advice and guidance to help them achieve their financial goals. From retirement planning and investment management to tax planning and estate planning, the firm works closely with clients to develop personalized solutions that meet their specific needs and objectives. Moreover, with a deep understanding of the unique financial challenges that individuals in Phoenixville, PA may face, the firm offers a range of specialized services designed to provide clients with the support and guidance they need to make informed financial decisions.
Services Offered by Royal Alliance Associates, Inc.
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 Royal Alliance Associates, Inc. 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.
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.
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.
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.
Unavailable
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).
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
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Royal Alliance Associates, Inc. is registered to service clients in the following states:
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Virgin Islands
Disciplinary History
Royal Alliance Associates, Inc. does not have any disclosures. Please visit it's Form ADV for more details.