Onyx Financial Advisors

Financial Advisor in Idaho Falls, ID

Firm Info
Address: 2400 E 25th St, Idaho Falls, ID 83404, USA
Phone: (208) 522-6400

Firm Size
Assets Under Management: $326.4 million
# of Advisors: 8
# of Clients: 911
Client to Advisor Ratio: 114:1
Average Account Size: $358,248
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Portfolio Management for Businesses or Institutional Clients
  • Pension Consulting Services

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth

  • Pension & Profit Sharing Plans
  • Charitable Organizations
  • Corporations or Other Businesses Not Listed Above

Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Fixed Fees (Other than subscription)
  • Other

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Onyx Financial Advisors, LLC Overview

ONYX FINANCIAL ADVISORS, LLC is a registered investment advisory firm that has been providing investment advice since 2016. With headquarters located in Idaho Falls, ID, the firm offers fee-only services to its clients. As an investment advice only firm, ONYX FINANCIAL ADVISORS, LLC focuses on providing personalized financial planning and portfolio management services to individual clients and small businesses. The firm also extends its portfolio management services to businesses and institutional clients, catering to their specific investment needs. Along with these services, ONYX FINANCIAL ADVISORS, LLC provides pension consulting services to help businesses make informed decisions regarding their employees' retirement plans. By taking a client-centered approach, the firm's goal is to ensure that each of its clients receives the most appropriate financial advice, customized to their unique requirements. At ONYX FINANCIAL ADVISORS, LLC, their clients’ financial well-being is their top priority. Clients benefit from the firm's unbiased investment advice, as their fee-only arrangement ensures that there are no hidden agendas or conflicts of interest when it comes to handling investments. Ultimately, the firm's commitment to providing quality financial advice has established ONYX FINANCIAL ADVISORS, LLC as a trusted name in the investment advisory industry.

ONYX FINANCIAL ADVISORS, LLC caters to an array of clients, from individual investors to high net worth individuals and corporate entities such as pension or profit sharing plans and charitable organizations. The firm's broad range of clientele extends to other types of corporations not listed, demonstrating its flexibility in meeting the financial needs of various entities. There are several fee structures available at ONYX FINANCIAL ADVISORS, LLC, depending on the specific service provided. Clients may opt for percentage of AUM fees, where a percentage of the assets managed by the firm is charged as a fee. Meanwhile, fixed fees may be charged for specific projects or services, providing a clear-cut pricing structure for clients. The firm also offers other types of fees that may be tailored to suit the specific financial needs of each client. Overall, the availability of different fee structures reflects ONYX FINANCIAL ADVISORS, LLC's commitment to providing flexible and customized financial solutions to its diverse client base.

Typical Clients, Fee Structures & Investment Minimum

The investment minimum for ONYX FINANCIAL ADVISORS, LLC is $500,000 for Wealth Management clients as stated in their Part 2 Brochure. This means that clients must have at least $500,000 of assets under management, which would then be subject to an annual fee of $5,000. It is important to note that this investment minimum applies specifically to Wealth Management clients, and there may be alternative minimums or fee structures for other types of clients.

How This Office Can Help Idaho Falls, ID Residents

Onyx Financial Advisors is a leading financial advisory firm that assists clients in planning, managing, and growing their wealth. Located in Idaho Falls, ID, the firm offers personalized financial advice and solutions to individuals, families, and businesses in the surrounding areas. The team of experienced financial advisors at Onyx Financial Advisors is dedicated to providing clients with the best possible financial advice and support tailored to their unique needs and goals. Clients in Idaho Falls, ID, may face specific financial situations such as retirement planning, college funding, estate planning, investment management, tax planning, and risk management. Onyx Financial Advisors provides comprehensive financial planning services to help clients navigate these complex financial situations and achieve their financial objectives. Whether clients need help with investment management, retirement planning, tax planning, or any other financial issue, the team at Onyx Financial Advisors is dedicated to helping clients grow and preserve their wealth, minimize taxes, and achieve their financial goals.

To view the Minimum Investment and Fee Schedule for Onyx Financial Advisors, LLC, visit their Part 2 Brochure.

Services Offered by Onyx Financial Advisors, LLC

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Onyx Financial Advisors, LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Fixed Fees (Other than subscription)
Other
Unavailable
Hourly
Subscription (Newsletter or Periodical)
Commissions
Performance-based Fees

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 2400 E 25th St, Idaho Falls, ID 83404, USA
Phone (208) 522-6400
Directions
Google My Business Reviews:
5 Stars

Other Office Locations

This firm has no other locations.

State Registrations

Onyx Financial Advisors, LLC is registered to service clients in the following states:

  • Idaho
  • Utah
  • Washington

Disciplinary History

Onyx Financial Advisors, LLC does not have any disclosures. Please visit it's Form ADV for more details.

FREQUENTLY ASKED QUESTIONS

Fiduciary Financial Advisor FAQs