ALLEN WEALTH MANAGEMENT, LLC

RIASEC RegisteredEst. 2005
Total AUM
$664M
Discretionary
$523M
79% of AUM
Avg account
$244K
Accounts
2,725
Employees
7
Advisory reps
4

Firm details

Headquarters
BOONE, North Carolina
CRD number
133038
Registered since
June 20, 2005
Custodians
RAYMOND JAMES & ASSOCIATES, INC., RAYMOND JAMES TRUST COMPANY OF NH
Fee structure
Percentage of AUM, Hourly Charges
Client types
  • HNWI67.06%
  • Individuals32.21%
  • Charitable Organizations0.73%
Services
Financial PlanningPortfolio Management for Individuals

Firm profile

FINTRX

Overview

Allen Wealth Management, LLC is an independent, individual-owned registered investment adviser that has been SEC-registered since 2005. The firm focuses on financial planning and portfolio management for individuals, families and small-business owners, and it also works with some institutional clients. Its compensation model combines an asset-based fee and hourly charges. The adviser is not positioned as a capital allocator and does not identify as an active ESG investor or a multi-state adviser. Its stated advisory services emphasize planning and portfolio construction rather than pension consulting or broader institutional consulting. Industry ties include relationships with an accountant and an insurance company, which appear to support client service and product distribution.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 30%, Exchange Traded Equities 20%, State & Local Bonds 10%, Investment Grade Corp Bonds 10%, Non-Investment Grade Corp Bonds 10%, Cash & Cash Equivalents 9%, US Government Bonds 5%, Sovereign Bonds 5%, Other 1%30%
  • Public Funds/Mutual Funds30%
  • Exchange Traded Equities20%
  • State & Local Bonds10%
  • Investment Grade Corp Bonds10%
  • Non-Investment Grade Corp Bonds10%

Owners & executives

1 of 1
  • JOSEPH HILL

    COOCRD 6553489

Contacts

3 of 3
  • ERIC FRANKLIN

    Financial AdvisorCRD 4330425

  • JONATHAN ALLEN

    Financial AdvisorCRD 4752027

  • Bradley Greer

    Financial AdvisorCRD 5072567

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 11

Active vs passive

$155M in ETFs

Passive

90%

$140M

Active

10%

$15.4M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD VALUE INDEX FUND (VTV)VanguardPassiveLarge Value$31.2M159,17620.14%

Location

Primary office

BOONE, NC

WATAUGA

Location

BOONE, NC

Headquartered in BOONE, NC, in the South of the United States.

Region
South
County
WATAUGA
Address
980 Highway 105
Time zone
ET (UTC-5)
Office locations

Similar firms

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth