Allodium is committed to providing unmatched service to a limited number of clients. We follow a fiduciary standard of care, meaning that clients' interests must come first, and that we must provide objective guidance in all situations. We are completely independent from banks, brokerage firms and other financial product providers, and we do not receive commissions for the investment options that we recommend.
The financial advisor world includes two standards of client care. One, known as the "suitability" standard, requires that advisors' recommendations merely be "suitable" for clients' needs.
We adhere to the far more rigorous "fiduciary standard." As fiduciaries, we are required to act with complete loyalty to our clients. We must place clients' interests ahead of our own and provide un-conflicted advice and guidance.
Allodium's investment approach is grounded in the most respected academic research. We believe in investing for the long term in order to participate in the growth of the capital markets over time. We believe in broad diversification as a means to limit risk and reach investing goals. We think it critical to focus on investments that are both low-cost and tax-efficient. Finally, we believe it is important to have a disciplined investment strategy that is actively monitored and adjusted over time.
Institutional share class Mutual Funds
Separately Managed Accounts
Socially responsible investments
Charles Schwab is the custodian that a majority of our clients use. We also work with trust companies and 401k plans that use other custodians.
Our investment advisory fee is a percentage of the assets that we manage, typically based on the size and complexity of the client relationship. For some clients we provide a choice of a flat retainer fee if that is their preference. We accept no compensation from sources other than our clients. Allodium offers its services on a fee basis, which include hourly and/or fixed fees, as well as fees based upon assets under management. For our services that include an ongoing investment management component, our investment advisory fee starts at 1% of assets under management.
More information about our fees can be found in our Disclosure Brochure at the following link: Allodium Disclosure Brochure.
Allodium, in its sole discretion, may negotiate to charge a fixed fee schedule or fee schedule that varies from Allodium’s standard fee schedule described above based on certain criteria, including anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be managed, related accounts, account composition, pre-existing client, account retention, and pro bono activities.
The minimum annual investment advisory fee for either our wealth management service or our fiduciary management service is $10,000 per year ($1,000,000 x 1% = $10,000) or $2,500 quarterly.
For clients with portfolios less than $1,000,000 under Allodium’s management, Allodium typically recommends Allodium’s management to use the Allodium Portfolios platform, as a minimum fee is not imposed for these clients.
Allodium, in its sole discretion, may waive its minimum annual fee based upon certain criteria including anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be managed, related accounts, account composition, pre-existing client, account retention, and pro bono activities.