Alliance Wealth Strategies, LLC is a large advisory firm based in Roanoke. It manages $102.62 million of regulatory assets for 237 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Tennessee, Virginia, and West Virginia.
Alliance Wealth Strategies provides portfolio management for individuals and small businesses, 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 assets under management (AUM) of Alliance Wealth Strategies, LLC is $102.62 million. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Alliance Wealth Strategies, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Michael Christopher Wingfield is high net worth individuals with 27 clients and $71.73 million of assets under management. Among the 10 most similar advisory firms, Alliance Wealth Strategies has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $102.62 million for 82 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.
Alliance Wealth Strategies doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Michael Christopher Wingfield has been acting as President since 1 Sep 2014. Antony Douglas Roop joined the executive team most recently as the Director.
The principal office where Alliance Wealth Strategies, LLC performs its advisory services is located at 319 Mcclanahan St. Sw, Roanoke, VA 24014 7705 The mailing address of the firm is 2102 Langhorne Road, Lynchburg, VA 24501 1121. An additional office of the firm is in Charleston, WV. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 540-345-0936 or by fax 540-342-6181. The normal business hours are 9:00 - 5:00 on Monday - Friday.