Ally Invest Advisors Inc (Charlotte)
Ally Invest Advisors Inc is a large advisory firm based in Charlotte. It manages $217.76 million of regulatory assets for 17,716 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Ally Invest Advisors provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Ally Invest Advisors: assets under management
The assets under management (AUM) of Ally Invest Advisors Inc is $217.76 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 1110% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Investments
The firm invests in exchange traded securities the most. They account for 100% of the total AUM.Fees & Commissions
The advisory firm has a single stream of revenue. Clients pay Ally Invest Advisors Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
What kind of clients Richard John Hagen serves?
The only and largest group of clients of Richard John Hagen is individuals with 17,716 clients and $217.76 million of assets under management. Among the 8 most similar advisory firms, Ally Invest Advisors has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $217.76 million for 17,716 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Ally Invest Advisors doesn't advise any private funds.
Careers at Ally Invest Advisors Inc
The company employs 30 people that are either part- or full-time employees. 27 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Richard John Hagen has been acting as President since 1 Apr 2014. Miteshkumar D Patel joined the executive team most recently as the Interim Executive Director.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 1 indirect owner.Based in Charlotte
The principal office where Ally Invest Advisors Inc performs its advisory services is located at 11605 N Community House Road, Charlotte, NC 28277, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 855-880-2559 or by fax 866-699-0563. The normal business hours are 8:30 am to 5:30 pm et on Monday - Friday. You can find more information about the New York firm at ally.com/invest.
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