Royal Alliance Associates, Inc

CRD#23131
Investment Advisor Firm

Answer a few questions and
get matched with an advisor.

Find an Advisor

or call us now at 1-888-467-5419

Overview

Royal Alliance Associates, Inc operates as a financial advisor firm located in Jersey City, New Jersey. Royal Alliance Associates, Inc handles $28.2 billion in total assets over 112,286 accounts, making it one of the largest financial advisory firms in the nation by assets under management (AUM). The firm has a very large group, including 1,924 financial advisors. Royal Alliance Associates, Inc is not a registered broker-dealer, signifying that the company cannot buy and sell securities for its accounts and those of its customers and instead has to go through a broker-dealer company to do so. Securities are tradable fiscal assets like bonds, equities and options.

Royal Alliance Associates, Inc manages more than half of the firm's accounts in a discretionary manner. Discretionary management means that buy and sell judgments are made by a portfolio manager without requiring the customer's permission. The firm also administers 12,588 non-discretionary accounts with a total of $4.8 billion in assets. The firm's typical account size is $251,584. The average financial advisor at Royal Alliance Associates, Inc oversees around 58 client accounts, placing it towards the middle in terms of personalization.

The company's main office is located at 10 Exchange Place, Jersey City, New Jersey 7302. Royal Alliance Associates, Inc is legally registered to serve clients across 51 U.S. states and territories.

Assets Under Management

$28.2 billion

Number of Advisors

1,924

Disclosures

No

Office Location

10 Exchange Place
Jersey City, NJ 07302

Royal Alliance Associates, Inc by the Numbers

Total Assets Under Management

$28.2 billion

National Average: $9.0 billion
Total Number of Employees

3,849

National Average: 71,771
Total Number of Accounts

112,286

National Average: 4,329
Average Account Size

$251.6 thousand

National Average: $2.1 million

Find a dedicated advisor for your needs

Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.

Back to Overview

Products and Services

Royal Alliance Associates, Inc provides a number of financial 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 and educational seminars. In the prior fiscal year, it provided 2000 of its customers with financial planning services. The firm does sell products or offer services apart from investment advisory services to its clients. Royal Alliance Associates, Inc also has a number of financial industry affiliations, including with a broker-dealer or securities dealer, trust company, insurance company or agency and pension consultant.

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

    Portfolio Management

    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.

Other Services

  • 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.

  • Find a firm that offers this service

    Publication of Periodicals

    This is the publication of various financial education materials.

  • Offered by 7% of firms

    Educational Seminars/Workshops

    This is the hosting of seminars or workshops to educate investors on financial concepts.

Back to Overview

Fee Structure

Financial management fees usually depend on which services the firm provides the client. Fee types charged by the company likely include the following fee structures: asset-based, hourly, fixed or other. Wrap fee programs, or the practice of bundling services for a single fee, are provided by the company.

Available

  • Offered by 70% of firms

    Percentage of Assets

    Show 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

    Hourly

    Show Explanation

    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

    Show Explanation

    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.

  • Offered by 10% of firms

    Other

    Show Explanation

    Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

Unavailable

  • Find one of the 1% of firms that offer this fee type

    Commissions

    Show Explanation

    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

    Performance-based

    Show Explanation

    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

    Subscription

    Show Explanation

    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.

Back to Overview

Types of Clients

The firm does business with a broad range of investors. The firm provides services to retail investors, high net worth investors, banking institutions, pension plans, charitable organizations, state or municipal government entities and corporations. Out of its 112,286 accounts, Royal Alliance Associates, Inc's biggest client type by number of accounts is retail investors, but it also manages money for 14,353 high-net-worth individuals. The SEC defines a high-net-worth individual as a person who has at least $750,000 under management or a net worth of more than $1.50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments). None of its clients are non-U.S. persons.

  • High-Net-Worth Individuals* - 18.01%
  • Other Individuals - 80.9%
  • Corporations - 0.92%
  • Charitable Organizations - 0.17%

* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

Find an advisor who will work directly with you

Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.

Back to Overview

Disclosures

Royal Alliance Associates, Inc does not have any disclosures.

Please visit its Form ADV for more details.

Back to Overview
Back to Overview

Find a financial advisor near you

If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.

Back to Overview

Financial Advisors at Royal Alliance Associates, Inc

Seth Fulton
Johnston, IA
Lisa Ward
Arlington, TX
Lori Glennon
Utica, NY
Kevin Bateman
Missoula, MT
Ajay Anand
Nashville, TN
Elijah Murray
Plano, TX
Grant Hartwell
Torrance, CA
Jerry Cline
Salem, SC
Christopher Mcgovern
Wichita, KS

Not sure which advisor is right for you? Use our matching tool

Our matching tool simplifies the process of finding a financial advisor. To match you with top financial advisors nearby, we ask you a series of questions about your retirement plans, life status, investment goals and advisor preferences, which are all important topics to consider when choosing a financial advisor. Click here to find your advisor matches today

Back to Overview

The content in this profile was updated by SmartAsset on 04/01/2022 using publicly available data compiled from the SEC and FINRA. To report any data inconsistencies or errors, please contact profile-compliance@smartasset.com.

The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm, and financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.

This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.

This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).

Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.