As an advisor with an independent business, spending time in the most productive way is crucial to your survival. The IAA concentrates on support and compliance so you can concentrate on your business model, whether is is pure asset management, financial planning, or wealth management.
By becoming an advisor with IAA you have the opportunity to grow your business without the need to rapidly increase your expenses or hiring employees. Hiring an employee is an expensive proposition; not only is there the salary (which can be as much as $65,000 in some metropolitan areas) other expenses such as Social Security, Medicare, disability insurance, health insurance, and retirement plans can add up quickly. In addition, as an employer you have to contend with vacation time and sick days of your employees plus the added costs of providing a workplace. You can cut costs and become your clients' trusted advisor because you are available to them to provide professional advice, not tied-up doing clerical work.
With The IAA, you have the option of working under our name or a name of your choosing, as long as it is owned by you. Your letterhead, website, and business card can be branded to your name so you can build your recognition as an investment advisor in your community.
In
the end, your earning power is one of the most influential considerations of how
to structure your business, with IAA your potential is unlimited. Advisors are independent contractors with no employer relationship. The following
fees apply. The Investment Advisor Alliance has a simple and clear pricing structure.
| Up to $15 million AUM | 15 basis points |
| Everything above $15 million | 7.5 basis points |
For financial plans, consulting charges, and other non-AUM charges to a client, IAA charges a fee of 5% of the fee charged the client for the compliance review. A monthly fee of $120 is applicable to all advisors.
Additional, optional services, include MS Exchange email, web hosting, performance reporting, and social media archiving.
While we have no minimum of assets under management we have an quarterly minimum of fees due to The Investment Advisor Alliance of $1,250 excluding the monthly fee. For multiple advisor offices, please call and request the multi-advisor grid.
Advisors are responsible for their personal registration fees (which vary by state), branch office fees, E&O insurance, and exam fees (if needed). If an on-site compliance examination of a branch is required a fee up to $600 is applicable, these are not annual occurrences.
Outsourcing the portfolio management of client accounts to The Investment Advisor Alliance is optional. The fee to the advisor is 0.2% of AUM per year.
To keep your earnings at a maximum and client fees reasonable, we cap the fees that can be billed to the client household at 1.25%.
Depending on your total assets under management and your average client account size, you earn approximately 100 basis points after our fees. These effective payouts range from 88% to nearly 96%.
To get a more accurate estimate based on your current business please call us at 800-607-3340 to compare these figures with a traditional payout structure.
IAA assesses no admin fees or other charges to business done at a Broker-Dealer as a registered representative.