JM
CFP
JM
CFP

Jude Mcdonough

20 Years of Experience
Scranton, PA
May Earn Commission

Jude Mcdonough is a CFP-designated registered investment advisor at Alliance Wealth Advisors, LLC, based in Scranton, PA, with 20 years of industry experience. Their practice areas include Business Owners, Charitable Giving, Education Planning, Estate Planning, and 3 more. Their firm serves 677 clients with $600M in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
6 advisors
Number of Clients
677 clients
Average Client Portfolio
$888K average
Assets Under Management
$601.1M

Fee Structure

Planning is included in investment management (also available separately)
Minimum Annual Fee:$600

Alliance Wealth Advisors' investment management fee is negotiated based on the amount you invest. The fee generally ranges up to 1.75% per year. There is a minimum monthly fee of $50 per client relationship. The fee is calculated based on the value of your account at the end of each month and is debited the following month. Fees for funds held at American Funds are calculated quarterly.

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Location

538 Biden Street, Suite 700, Scranton, PA, 18503

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Employment History
Current Registrations
Alliance Wealth Advisors, LLC
October 2019 - Present · 6 yrs 7 mos
Previous Registrations
LPL Financial LLC
February 2018 - November 2019 · 1 yr 9 mos
LPL Financial LLCBroker
February 2018 - November 2019 · 1 yr 9 mos
Invest Financial Corporation
January 2011 - February 2018 · 7 yrs 1 mo
Invest Financial CorporationBroker
January 2011 - February 2018 · 7 yrs 1 mo
Community Investment Services, INC.Broker
May 2010 - January 2011 · 8 mos
Sterling Investment Advisors LTD.
December 2009 - May 2010 · 5 mos
Cambridge Investment Research, INC.Broker
September 2008 - May 2010 · 1 yr 8 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
September 2006 - September 2008 · 2 yrs
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
September 2006 - September 2008 · 2 yrs
Merrill Lynch Pierce Fenner & Smith INC.
June 2005 - March 2006 · 9 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
May 2005 - March 2006 · 10 mos
State Registrations1 state
PA
Advisor

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
Jude Mcdonough - Financial Advisor | TrueAdvisor