Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Educational Seminars & Workshops
- Other
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
Available Fee Structures
- Percentage of Assets Under Management (AUM)
Alliance Wealth Advisors, LLC Overview
Alliance Wealth Advisors, LLC is a comprehensive financial advisory firm that provides investment advice in addition to serving as an insurance broker and agent. As a fee-based firm, clients can expect transparent and unbiased recommendations for financial planning and portfolio management. Headquartered in Bountiful, UT, Alliance Wealth Advisors has been in business since 2021 and is committed to helping individuals and small businesses achieve long-term financial success. As a registered investment advisory firm, Alliance Wealth Advisors offers a range of services to meet their clients' diverse needs. In addition to financial planning and portfolio management, they also offer educational seminars and workshops to empower clients with knowledge about their investments and financial goals. For those seeking additional services, Alliance Wealth Advisors provides asset allocation services to help clients balance their portfolios and advisory consulting for a more customized approach to long-term wealth management. Alliance Wealth Advisors is dedicated to helping clients achieve financial independence through effective wealth management. Their team of experts places a strong emphasis on understanding clients' unique circumstances and tailoring their approach to deliver the best possible outcomes. Whether it's building a portfolio, designing a financial plan, or providing education, this firm is committed to helping clients achieve financial freedom.
Alliance Wealth Advisors, LLC is a reputable financial advisory firm that caters to a diverse range of clients. Their clientele comprises individuals who seek financial guidance and assistance with investments to high net worth individuals looking for comprehensive wealth management services. They understand that each client has unique financial goals, risk tolerance, and investment preferences, and they tailor their services to meet the specific needs of each client. The firm's financial advisors work with clients to develop customized investment strategies based on their long-term financial goals and priorities. They provide ongoing support and advice to help clients navigate market fluctuations and achieve their investment objectives. Alliance Wealth Advisors, LLC offers different fee structures depending on the service provided. For clients who require wealth management services, the firm charges a percentage of assets under management (AUM). This fee structure is a percentage of the client's investable assets and is typically based on a sliding scale, with higher fees for larger accounts. For clients who require financial planning services, the firm charges an hourly rate or a flat fee. The hourly rate is based on the time spent by the advisor on the client's case, while the flat fee can be charged for a specific project, such as retirement planning or tax planning. This fee structure allows the firm to be flexible and transparent in its pricing, and clients can choose the option that best suits their needs and budget. Overall, Alliance Wealth Advisors, LLC strives to provide high-quality and personalized financial advice to help clients achieve their financial goals and secure their financial future.
Typical Clients, Fee Structures & Investment Minimum
According to the Part 2 Brochure of Alliance Wealth Advisors, LLC, there is no mention of an investment minimum.
How This Office Can Help Marietta, GA Residents
Alliance Wealth Advisors provides comprehensive financial planning and wealth management services to clients in Marietta, GA. The firm focuses on creating customized financial plans based on each individual's specific needs and goals, taking into account their current financial situation and future aspirations. In Marietta, GA, individuals and families may face a variety of financial situations, such as retirement planning, investment management, and tax planning. Alliance Wealth Advisors provides assistance in all these areas and more, working closely with clients to develop strategies that align with their unique circumstances. The firm also offers guidance on insurance, estate planning, and other aspects of financial management to help clients achieve long-term financial security and peace of mind.
Services Offered by Alliance Wealth 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 Alliance Wealth 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.
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)
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.
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
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Alliance Wealth Advisors, LLC is registered to service clients in the following states:
- Arizona
- Idaho
- Louisiana
- Oregon
- Texas
- Utah
Disciplinary History
Alliance Wealth Advisors, LLC does not have any disclosures. Please visit it's Form ADV for more details.