ALPha Fiduciary, Inc. (Phoenix)


ALPha Fiduciary, Inc. is a large advisory firm based in Phoenix. It manages $511.15 million of regulatory assets for 328 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Arizona, California, Colorado, and 3 other states.

ALPha Fiduciary provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, 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.

ALPha Fiduciary: assets under management

The assets under management (AUM) of ALPha Fiduciary, Inc. is $511.15 million. The firm's AUM has grown by 316% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $322.93 million in discretionary accounts and $188.22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.04 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $10.46 million.
ALPha Fiduciary has custody of $10.75 million in cash and securities for 18 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 50% of the total AUM. The second-largest asset type is investment and business development companies, which make up 42% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay ALPha Fiduciary, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.

What kind of clients ALPha Fiduciary serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of ALPha Fiduciary is high net worth individuals with 38 clients and $415.29 million of assets under management. Among the 9 most similar advisory firms, ALPha Fiduciary has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $510.5 million for 129 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.

ALPha Fiduciary also advises several private funds. Namely, one real estate fund, thirteen other private funds, three private equity funds, and one securitized asset fund. The minimum investment commitment required of non-related persons ranges from $50,000 to $250,000.

Careers at ALPha Fiduciary, Inc.

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives 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 compensates 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
Arthur Todd Doglione Managing member & president 1 Oct 2006 75% - 100% 1794772
Peter Martin Eickelberg Cco 1 Apr 2014 Other 3097256

Based in Phoenix

The principal office where ALPha Fiduciary, Inc. performs its advisory services is located at 7010 E. Chauncey Lane, Phoenix, AZ 85054, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 480-505-4033 or by fax 480-505-4034. The normal business hours are 7:30am to 5:00pm on Monday - Friday. You can find more information about the New York firm at alphafiduciary.com.