Allegiance Financial Services offers investment advice and financial planning services. For investment management, they work with clients to create a personal investment policy and manage a portfolio based on that policy. They implement changes on a non-discretionary basis, meaning they need your approval before making trades. They also offer financial planning services, creating a written plan to help you achieve your financial goals. Clients can choose to use a third-party sub-advisor, 55ip, to manage a portion of their assets.
Fee Structure
Allegiance Financial Services charges a percentage of your portfolio each year for investment management, ranging from 0.25% to 1.00%. The exact percentage depends on the nature and total dollar value of your account. Fees are billed quarterly, in advance, based on the value of your account at the end of the previous quarter. A minimum of $500,000 of assets under management is generally required, but this may be negotiable.