Aleco Savvas is a registered investment advisor at Qp Wealth Management, LLC, based in Boca Raton, FL, with 12 years of industry experience. Aleco operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 3 more. Their firm serves 121 clients with $400M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1.0M - $2.5M | 1.25% |
| $2.5M - $5.0M | 1.00% |
| $5.0M - $10.0M | 0.90% |
| $10M+ | 0.90% |
Fees negotiable for accounts over $10,000,001. QP Wealth Management does not bill the base fee for Alternative Investments, but instead charges a 1% investment due diligence fee upon receipt of executed subscription documents and an ongoing investment management fee of 1.00% of the most recent valuation provided by the fund as of the last day of the previous month. The Alternative Investments are counted in the portfolio value for break points in the base fee. The Firm will recommend an adviser share class and will charge the client 0.25% to advise on 529 accounts.
Fee Estimator
Location
2700 N Military Trail, Suite 240, Boca Raton, FL, 33431
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Regulatory History
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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Aleco is a board member of the LCG2 Industrial Fund I, LP Advisory Committee, an investment-related activity with Leon Capital Group. He dedicates minimal time to this role.