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Alec Riss is a registered investment advisor at Sb Advisory, LLC, based in Hainesville, IL, with 8 years of industry experience. Alec is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Charitable Giving, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 2,744 clients with $1.1B in assets under management.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
35 advisors
Number of Clients
2,744 clients
Average Client Portfolio
$401K average
Assets Under Management
$1.1B
Fee Structure
Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 2.50% |
| $500K - $1.0M | 2.00% |
| $1.0M - $2.0M | 1.75% |
| $2.0M - $5.0M | 1.50% |
| $5M+ | 1.25% |
Fees are negotiable. Third-party manager programs charge an additional fee up to 1.25% with total fees not to exceed 2.50%.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location
Hainesville, IL
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Regulatory History (2)
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Employment Separation After Allegations
August 2025Criminal
March 2025Final Disposition
Employment History
Current Registrations
Sb Advisory, LLC
December 2025 - Present · 10 mos
San Blas Securities LLC
December 2025 - Present · 10 mos
San Blas Securities LLCBroker
December 2025 - Present · 10 mos
Previous Registrations
Sb Advisory, LLC
November 2025 - November 2025 · 0 mos
Edward Jones
July 2018 - August 2025 · 7 yrs 1 mo
Edward JonesBroker
June 2018 - August 2025 · 7 yrs 2 mos
State Registrations11 states
FLIDILKYMEMIMONCOHSCTX
AdvisorBrokerBoth
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.