The Alliance Of Wealth Advisors, LLC (Highland)


The Alliance Of Wealth Advisors, LLC is an adviser based in Highland. It manages $27.88 million of regulatory assets for 246 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Colorado, District of Columbia, and 16 other states.

The Alliance Of Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

The Alliance Of Wealth Advisors: assets under management

The assets under management (AUM) of The Alliance Of Wealth Advisors, LLC is $27.88 million. The firm's AUM has gone down by -9% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $26.59 million in discretionary accounts and $1.29 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $111.72 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $161.44 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Alliance Of Wealth Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients The Alliance Of Wealth Advisors serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of The Alliance Of Wealth Advisors is high net worth individuals with 19 clients and $15.36 million of assets under management. Among the 3 most similar advisory firms, The Alliance Of Wealth Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $27.91 million for 103 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

The Alliance Of Wealth Advisors doesn't advise any private funds.

Careers at The Alliance Of Wealth Advisors, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Christopher Michael Ruspi Managing member & chief compliance officer 1 May 2012 75% - 100% 1934561

Based in Highland

The principal office where The Alliance Of Wealth Advisors, LLC performs its advisory services is located at 18301 Mink Hollow Road, Highland, MD 20777 9605, which is also the mailing address of the firm. An additional office of the firm is in Rockville, MD. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 301-570-8006 or by fax 866-263-6123. The normal business hours are 9:00am- 5:00pm on Monday - Friday. You can find more information about the New York firm at appliedfinancialwisdom.com.