Allmerits Asset is a registered investment advisor founded in 2020 and based in Buena Park, California. The firm provides discretionary portfolio management and financial consulting services to individuals, high net worth individuals, corporations, charities, and pension plans. Allmerits Asset utilizes a tactical asset allocation strategy and partners with external platforms and sub-advisors, such as Charles Schwab, Synergy Asset Management, Assetmark Wealth Solutions, and Betterment Advisor Solutions, to manage client portfolios and execute trades. In addition to investment management, the firm offers hourly financial consulting and retirement plan consulting. Leadership is headed by principal owner and Chief Compliance Officer Daewoo Brian Lee, who is also an independent insurance agent and registered representative, presenting potential conflicts of interest regarding product commissions.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.00% |
Maximum annual fee is 1.00%, billed quarterly in advance. Fees are negotiable based on account size and services provided.