Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Pension Consulting Services
- Selection of Others Advisors
- Educational Seminars & Workshops
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Banking Institutions
- Pension & Profit Sharing Plans
- Charitable Organizations
- State & Municipal Govt Entities
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
- Other
Royal Alliance Associates, Inc. Overview
Royal Alliance Associates, Inc., is a New Jersey-based firm that has been providing investment advice since 1997. As a registered broker-dealer and insurance broker/agent, Royal Alliance Associates provides fee-based services that include financial planning, portfolio management for individuals and small businesses, portfolio management for businesses or institutional clients, and pension consulting services. In addition to these services, Royal Alliance Associates offers educational seminars and workshops to help clients better understand the investment process and make informed decisions. The firm also offers the selection of other advisors to help clients find the right investment options. By providing personalized investment strategies and advice, Royal Alliance Associates strives to help clients achieve their financial goals. With its headquarters in Jersey City, NJ, Royal Alliance Associates has become a trusted partner for individuals and businesses seeking professional investment advice and management. The firm's commitment to providing customized portfolio management solutions has helped it establish a reputation as a leader in the investment industry.
ROYAL ALLIANCE ASSOCIATES, INC. serves a diverse range of clients from individuals to high net worth individuals, banking institutions, pension or profit sharing plans, charitable organizations, state or municipal government entities, and other corporation types not listed. The firm's broad scope of clientele is a testament to their expertise in various industries. When it comes to fees, ROYAL ALLIANCE ASSOCIATES, INC. offers flexible pricing structures depending on the service provided. Clients can expect to pay a percentage of assets under management (AUM) as a fee for investment management services. For standalone financial advice or consulting services, an hourly rate is available. Fixed fees are also an option for certain services provided. Clients can rest assured that the team at ROYAL ALLIANCE ASSOCIATES, INC. will work with them to create a fee structure that best fits their unique needs. The firm also offers other types of fees, which can be discussed during consultation or on a case-by-case basis.
Typical Clients, Fee Structures & Investment Minimum
The investment minimum for ROYAL ALLIANCE ASSOCIATES, INC.'s VISION2020 Wealth Management Platform - Advisor Managed Portfolios is $50,000. However, the investment minimum for their VISION2020 Wealth Management Platform - Unified Managed Account Program varies according to the investment manager and asset allocation model selected, but the program minimum is $5,500. There is no mention of a specific investment minimum for Third Party Advisory Services, Financial Planning, Consulting Services, Non-Discretionary Investment Services, and Retirement Plan Consulting. However, the Part 2 Brochure notes that "All account minimums may be waived at the sole discretion of the Program Sponsor."
How This Office Can Help Stamford, CT Residents
Royal Alliance Associates Inc is a financial advisory firm that specializes in assisting clients in Stamford, CT with a wide range of financial services. The firm's experienced financial advisors work closely with clients to develop customized financial plans that address their unique financial needs, goals and objectives. Living in Stamford, CT, individuals and families may experience various financial situations such as managing debt, saving for retirement, buying a home, paying for college, or starting a business. Royal Alliance Associates Inc is well equipped to provide guidance on all the mentioned financial situations and more. The firm provides comprehensive financial planning services including investment planning, insurance planning, retirement planning, tax planning, and estate planning. Their financial advisors are proactive in their approach to ensure that their clients are informed about their finances and prepared for any financial challenges. Royal Alliance Associates Inc is committed to helping their clients achieve financial security and peace of mind.
Services Offered by Royal Alliance Associates, Inc.
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 Royal Alliance Associates, Inc. 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)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
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
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Royal Alliance Associates, Inc. is registered to service clients in the following states:
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Virgin Islands
Disciplinary History
Royal Alliance Associates, Inc. does not have any disclosures. Please visit it's Form ADV for more details.