Finding a Top Financial Advisor Firm in Albuquerque, New Mexico
Setting yourself up for a steady financial future is hard when you don’t know where to start. That’s where financial advisors come in. These firms can help you save for retirement, plan your children’s college funds and invest your savings. But deciding which firm to work with can also be a tough decision. That’s where SmartAsset comes in. We combed through the top choices in Albuquerque, New Mexico and detailed our findings below. If you’d like a more tailored approach, try our financial advisor matching tool, which will pair you with an advisor in your area who meets your specific financial needs.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Ulrich Investment Consultants Find an Advisor||$1,008,416,172||No minimum|| || |
Minimum AssetsNo minimum
|2||REDW Wealth Find an Advisor||$662,121,697|| |
None, but accounts under $500,000 will be charged hourly rates
| || |
None, but accounts under $500,000 will be charged hourly rates
|3||John Moore & Associates Find an Advisor||$286,800,857|| |
| || |
|4||Portfolio Wealth Advisors Find an Advisor||$264,271,374|| |
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|5||Hanseatic Management Services, Inc. Find an Advisor||$106,000,000||$100,000|| || |
How We Found the Top Financial Advisor Firms in Albuquerque, New Mexico
We considered all Albuquerque-based financial advisors that are registered with the U.S. Securities and Exchange Commision (SEC) for this list. SEC-registered firms are considered fiduciaries, which means they’re under government rules and regulations and are required to act in their clients’ best interests. We cut any firms with disclosures of disciplinary issues, as well as any firm that didn’t manage individual accounts. Lastly, we ordered the list from most assets under management to least.
Ulrich Investment Consultants
Ulrich Investment Consultants is the first firm on our list, with its three advisors managing more than $1 billion in assets. The firm has no publicly stated account minimum.
Ulrich Investment Consultants is a fee-based firm, meaning it can earn income via sources other than management fees. The firm works with individuals, high-net-worth individuals, pension plans, charitable organizations and sovereign native American nations and their affiliated organizations.
Ulrich Investment Consultants Background
Ulrich Investment Consultants was formed in 2007 as the Ulrich Consulting Group. The name was changed to Ulrich Investment Consultants in 2017. John P. Ulrich is the principal owner of the firm, and Molly Ritz-Schalk is a minority owner.
The firm provides investment management, financial planning and consulting services. Investment management services are provided on a discretionary and non-discretionary basis. Financial planning services can cover retirement planning, income tax planning, estate planning or other matters specific to individual clients.
Ulrich Investment Consultants Investment Philosophy
When analyzing potential investments, Ulrich performs research both quantitatively and qualitatively. The quantitative research involves consulting data from Callan Associates, Morningstar and other sources. The qualitative research includes interviews with managers and reviewing investment documentation.
Ulrich typically selects third-party investment managers to manage client assets. This can be through mutual funds, exchange-traded funds (ETFs), alternative investments and separate accounts.
REDW Stanley Financial Advisors
REDW Stanley Financial Advisors was founded in 1997. It’s a fee-only firm, which means the firm can charge fees to clients but cannot accept commissions for selling you insurance or other financial products. This eliminates any potential conflict of interest and ensures that there is no ulterior motive for suggesting a given strategy. The firm of 14 advisors has more than $603 million in assets under management.
In addition to its investment advisory services, REDW markets itself as one of the Southwest’s 10 largest accounting and business consulting firms. The firm has offices in Albuquerque and Phoenix, Arizona.
REDW Stanley Financial Advisors Background
With 15 owners, this firm is squarely in the employee-owned category; this is somewhat uncommon among financial advisor firms, which are frequently owned by one or two individuals. This means the advisors at REDW have equity and a stake in the business, which can be beneficial for clients.
Thirteen professionals make up the firm’s leadership team. Their credentials include multiple certified public accountants (CPAs), certified financial planners (CFPs) and accredited investment fiduciaries (AIFs).
REDW Stanley Financial Advisors Wealth Management Levels
When you work with REDW for wealth management, you can choose your client service level depending on your financial objectives and situation. The first level is basic wealth building, designed for smaller accounts, IRAs, rollover accounts and anyone who prefers “to be on autopilot.” Your account will primarily consist of exchange-traded funds (ETFs) and mutual funds chosen by REDW advisors. The account is automatically rebalanced to keep on track with your target asset allocation throughout your life. You’ll be charged a fixed fee for this service. REDW’s basic wealth building service is very similar to a robo-advisor, such as Wealthfront or Betterment.
Custom wealth building is the next level, for those with more than $500,000 and less than $5 million in investable assets. With this level, you get a portfolio that’s managed from a tax perspective and can include many more securities besides mutual funds and ETFs, such as stocks, bonds, and accounts held in employer plans or at brokerage firms. Accounts over $3 million can get free tax return preparation.
The last level for individuals or families is specialized wealth building, designed for those with more than $5 million in investable assets. This level includes everything in the prior level plus meeting times at your discretion, research, special investment requests and help managing required minimum distributions (RMDs).
John Moore & Associates
This fee-based financial advisor states that it practices “Biblical wealth management.” The firm’s financial planning strategy is based on “principles articulated in the New and Old Testaments.” Founded in 1997 by a husband and wife team, the firm now has six advisors and $294 million in assets under management. There is no minimum account size. Services offered include investment management and financial planning.
You can find John Moore & Associates in Albuquerque and Scottsdale, Arizona.
John Moore & Associates Background
John and Connie Moore founded the firm in 1997 and remain the majority owners of the firm. He has 30 years of experience in investment management and is a certified investment management analyst (CIMA) and certified kingdom advisor (CKA). The latter certification is granted to advisors who apply biblical principles in their financial advice. Connie Moore serves as the business manager of the firm.
The firm has 10 total employees, including one certified financial planner (CFP), two accredited asset management specialists (AAMS), one accredited investment fiduciary (AIF) and one chartered retirement planning counselor (CRPC).
John Moore & Associates Investment Strategy
This firm has three main portfolio models. The first is the JMA asset allocation model, designed to "provide broad equity exposure through ownership of multiple mutual funds that represent specific asset classes.” This model’s objective is to generate returns with lower volatility; however, it can experience significant market value fluctuations. Within this model, there are different asset blends; for instance, one model might have 70% domestic stocks, 10% bonds, 10% alternative investments and 10% international stocks. Your portfolio’s blend will depend on your financial objectives.
Another portfolio type is the JMA income model. This model’s objective is to provide income. If you have this model, your money will primarily be invested in closed end bond funds. Additionally, you may have investments in master limited partnership and real estate investment trusts.
The third model is JMA CAPx. Using a proprietary quantitative model, JMA selects stocks and ETFs that are growing faster than average. This model portfolio has the highest volatility of the three options, and is advertised as “not suitable for every investor.” The firm states in SEC filings that the CAPx portfolio can have time periods of significant under or over performance, which makes it not the best choice for risk-averse clients.
Portfolio Wealth Advisors
Portfolio Wealth Advisors is another fee-based firm located in Albuquerque. Founded in 2008, it has five advisors and $245 million in assets under management. The firm has no minimum for new clients, and offers investment management, estate planning and insurance services. While this firm has two experienced planners, financial planning is not one of Portfolio Wealth Advisors’ services.
Portfolio Wealth Advisors is also located in Oklahoma City.
Portfolio Wealth Advisors Background
Lee Munson is the co-founder and sole owner of Portfolio Wealth Advisors. He started his career on Wall Street, working for Charles Schwab. Munson is a chartered financial analyst (CFA), certified financial planner (CFP) and the author of “Rigged Money: Beating Wall Street At Its Own Game.”
Tracy Miller is the firm’s CEO and co-founder. She's a CFP, chartered life underwriter (CLU) and a chartered financial consultant (ChFC). Prior to starting the firm with Munson, she worked for Charles Schwab, InterSecurities and John Hancock.
Portfolio Wealth Advisors Investment Strategy
This firm uses a combination of fundamental analysis and technical analysis to evaluate investment risk and opportunity. The former analyzes the factors that determine a company’s value, such as the firm’s financial reports and earnings. Technical analysis is the study of price movements and other market data.
As a client, your assets will be invested in a mix of mutual funds, ETFs, stocks and bonds. Your plan is specific to your financial goals and objectives, time horizon, cash flow needs and risk tolerance, among other factors.
Hanseatic Management Services, Inc.
Hanseatic Management Services is the last firm on this list, with $106 million in assets under management. The firm maintains an account minimum of $100,000 for individuals and $1,000,000 for institutional clients.
Four advisors make up the staff of Hanseatic, none of whom are certified financial planners (CFPs) or chartered financial analysts (CFAs). The fee-only firm works with individuals, high-net-worth individuals, pension plans, government entities and one pooled investment vehicle.
Hanseatic Management Services Background
Hanseatic Management Services was founded in June 1995. The firm’s owners are Russell T. Sanderson and Brian R. Stangel.
The firm provides investment advisory services in the form of investment management services, financial planning services and model portfolios. Services are tailored to each client’s unique circumstances, objectives and preferences.
Hanseatic Management Services Investment Philosophy
Hanseatic Management Services uses a proprietary model to evaluate potential equity investments. The model assigns stocks a score that reflects their risk/reward profiles. The firm focuses on individual stocks with the highest scores, and it then constructs portfolios around those stocks to suit client specifications.
In addition to individual stocks, the firm may also invest in fixed income securities and exchange-traded funds (ETFs).