Alpha Financial Advisors, LLC

CRD#116291
Investment Advisor Firm

Answer a few questions and
get matched with an advisor.

Find an Advisor

Overview

Alpha Financial Advisors, LLC operates as an advisory company headquartered in Mc Lean, Virginia. It has $230.2 million in total assets across 403 client accounts, making it a mid-tier investment advisory firm in the nation by assets under management (AUM). Alpha Financial Advisors, LLC has a small group, including 3 financial advisors. Alpha Financial Advisors, LLC is not a registered broker-dealer, meaning the company cannot buy and sell securities for its own accounts as well as its clients' and instead is required to go through a broker-dealer firm to do so. Securities are exchangable financial investments like stocks, options and bonds.

Alpha Financial Advisors, LLC manages all of the company's accounts in a discretionary manner. Discretionary management means that transaction decisions are made by a portfolio manager without requiring client approval. The investment advisory firm's typical account size is $571,110. The typical advisor at Alpha Financial Advisors, LLC oversees about 134 client accounts.

Alpha Financial Advisors, LLC's headquarters is located at 8260 Greensboro Drive, Mc Lean, Virginia 22102. It is registered to serve clients across a few states, including Florida, Maryland, North Carolina and Virginia.

Assets Under Management

$230.2 million

Number of Advisors

3

Disclosures

No

Office Location

8260 Greensboro Drive
Mc Lean, VA 22102

Alpha Financial Advisors, LLC by the Numbers

Total Assets Under Management

$230.2 million

National Average: $8.6 billion
Total Number of Employees

5

National Average: 64
Total Number of Accounts

403

National Average: 375,227
Average Account Size

$571.1 thousand

National Average: $23.0 thousand
Back to Overview
Back to Overview

Products and Services

Financial services provided by Alpha Financial Advisors, LLC can include financial planning services and portfolio management for individuals and small businesses. In the last financial year, it provided 101-250 of its clients with financial planning services. Alpha Financial Advisors, LLC does not sell products or offer services apart from investment advisory services to its investment advisory clients.

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 46% 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

Back to Overview

Fee Structure

Financial advisory fees typically are based on which service is offered. Fees billed by Alpha Financial Advisors, LLC can be comprised of the following fee structures: asset-based, hourly or fixed. The company does not provide a wrap fee program, in which the company offers a bundle of services for a single fee.

Available

  • Offered by 69% 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 32% 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.

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.

  • Find one of the 10% of firms that offer this fee type

    Other

    Show Explanation

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

Back to Overview

Types of Clients

Alpha Financial Advisors, LLC provides services to retail investors and high net worth investors. Out of its 403 customers, Alpha Financial Advisors, LLC's biggest client is retail investors, although it also caters to 52 high-net-worth individuals. The SEC defines a high-net-worth individual as someone who has at least $750,000 under management or a net worth of at least $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 customers are from outside of the U.S.

  • High-Net-Worth Individuals* - 40.94%
  • Other Individuals - 59.06%
  • Corporations - 0%
  • Charitable Organizations - 0%

* 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

Alpha Financial Advisors, LLC 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 Alpha Financial Advisors, LLC

Culley Hess
Mc Lean, VA
Leslie Tovar Resido
Mc Lean, VA
Eric Hess
Mc Lean, VA

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 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, 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. 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.