Independent Advisor Alliance, LLC
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Learn more about Independent Advisor Alliance, LLC
Independent Advisor Alliance, LLC operates as an advisory company that has its headquarters in Charlotte, North Carolina. It manages $9.8 billion in assets under management throughout 39,278 customer accounts, placing it among the biggest firms in the nation by assets under management (AUM). The firm has a large team, including 207 financial advisors. Independent Advisor Alliance, LLC is not a registered broker-dealer, signifying that the advisor cannot buy and sell securities for its clients' and own accounts and instead is required to go through a broker-dealer company to do so. Securities are defined as exchangable financial assets like stocks, options and bonds.
Independent Advisor Alliance, LLC manages all of its client assets on a discretionary basis. Discretionary management signifies that transaction decisions are made by an investment advisor without requiring client consent. The investment advisory firm's average account size is $250,276. The typical advisor at Independent Advisor Alliance, LLC oversees about 190 client accounts.
The firm's main office is located at 11215 N. Community House Rd., Charlotte, North Carolina 28277. The company is legally permitted to provide services to customers throughout 51 U.S. states and territories.
Assets Under Management
Number of Advisors
Independent Advisor Alliance, LLC by the Numbers
Products and Services
Independent Advisor Alliance, LLC offers multiple services, which can consist of financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, pension consulting services, selection of other advisers, publication of newsletters and educational seminars. In the past financial year, Independent Advisor Alliance, LLC provided 251-500 of its accounts with financial planning services. The firm does sell products or offer services apart from investment advice to its clients. Independent Advisor Alliance, LLC also has a number of financial industry affiliations, including with an accountant or accounting firm.
Core Advisor Services
Offered by 31% of firms
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
Offered by 47% of firms
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
Find a firm that offers this service
Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Offered by 21% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
Offered by 3% of firms
Publication of Periodicals
This is the publication of various financial education materials.
Offered by 7% of firms
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fees for financial management typically vary depending on the type of financial services provided. However, fee types charged by the firm can consist of the following fee structures: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are provided by Independent Advisor Alliance, LLC.
Offered by 70% of firms
Percentage of AssetsShow Explanation
This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.
Offered by 21% of firms
Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.
Offered by 33% of firms
Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.
Find one of the 1% of firms that offer this fee type
Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.
Find one of the 26% of firms that offer this fee type
Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.
Find one of the 0% of firms that offer this fee type
Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.
Find one of the 10% of firms that offer this fee type
Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.
Types of Clients
Independent Advisor Alliance, LLC manages money for a number of different clients. Independent Advisor Alliance, LLC provides services to retail investors, high net worth investors, pension plans, charitable organizations, corporations and other. Out of its 39,278 customers, Independent Advisor Alliance, LLC's biggest client type by number of accounts is retail investors, though it also caters to 7,149 high-net-worth individuals. The SEC defines a high-net-worth individual as a person who has at least $750,000 in AUM or a net worth of more than $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the company's accounts are represented by people from outside of the U.S.
- High-Net-Worth Individuals* - 28.36%
- Other Individuals - 70.13%
- Corporations - 1.21%
- Charitable Organizations - 0.3%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
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Independent Advisor Alliance, LLC does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at Independent Advisor Alliance, LLC
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