Finding a Top Financial Advisor Firm in Anchorage, Alaska
SmartAsset created this list of the top financial advisor firms in Anchorage, Alaska to make the search for the right advisor easier. To help you differentiate which firms match your needs and which don’t, we’ve laid out each firm’s account minimums, fee structure and offered services, among other information, in tables and reviews below. SmartAsset has also developed a financial advisor matching tool for those who would like a more personalized approach.
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APCM Wealth Management for Individuals, LLCFind an Advisor
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Foundations Asset Management, LLCFind an Advisor
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How We Found the Top Financial Advisor Firms in Anchorage, Alaska
We considered all firms based in Anchorage, Alaska that are registered with the U.S. Securities and Exchange Commission (SEC) for placement on this list. Only SEC-registered firms were considered because they are bound by fiduciary duty, legally requiring them to always act in clients’ best interests. If any of the considered firms had disciplinary issues on record, didn’t manage individual accounts or didn’t offer financial planning, they were taken out of consideration. The remaining firms were then ordered from the most assets under management (AUM) to the least, and appear below.
APCM Wealth Management for Individuals, LLC
APCM Wealth Management for Individuals, LLC’s staff boasts a notable number certifications. There are four certified financial planners (CFPs), one chartered financial consultant (ChFC), one certified public accountant (CPA) and one registered paraplanner (RP).
Almost all of this fee-only firm’s clients are individuals, as opposed to high-net-worth individuals. The firm requires a client to have at least $500,000 in investable assets to open an account.
APCM Wealth Management for Individuals, LLC Background
APCM Wealth Management for Individuals, LLC is not independently owned. The firm is a subsidiary of its majority owner, Alaska Permanent Capital Management (APCM), a registered investment advisor (RIA). The firm’s minority owners are LGB Strategies, LLC and CMS Strategies, LLC.
The firm hasn’t been in business for very long, as it was founded in 2014. However, the firm’s advisors average almost 19 years of experience in financial management.
APCM specializes in serving those going through a divorce or dealing with the death of a loved one. The firm’s other services include pre- and post-retirement planning, Roth IRA conversions, college fund planning, tax management, trust and estate creation, business ownership transitions and risk assessment.
APCM Wealth Management for Individuals, LLC Investing Strategy
APCM Wealth Management for Individuals uses just two investment strategies: Fixed income only accounts and balanced accounts with equity exposure.
The firm’s fixed income only accounts emphasize a long-term approach and feature conservative investment choices. The firm selects investments for these portfolios by running a structural analysis on individual securities, and it also takes into account your personal financial objectives to determine which investment opportunities are most appropriate.
Balanced accounts are more similar to robo-advisor accounts. The firm uses modeling programs to determine the highest possible level of return that still falls within your risk tolerance parameters. The investments used in these portfolios vary much more than the investments used in the firm’s fixed income only accounts. For balanced accounts, some of the firm’s most common investment choices include exchange-traded funds (ETFs), mutual funds, debt securities, certificates of deposit (CDs), asset backed securities and mortgage backed securities.
Foundations Asset Management, LLC
Unlike the previous firm, Foundations Asset Management, LLC serves more high-net-worth individuals than individuals. For every non-high-net-worth client this fee-based firm works with, it serves two high-net-worth clients. Aside from individuals, the firm’s clients include trusts, estates, corporations and other businesses, pension and profit-sharing plans and charitable organizations. The firm requires a $250,000 minimum investment.
Foundations Asset Management has two certified financial planners (CFPs) and one accredited asset management specialist (AAMS) on staff. If you choose to become a client of this firm, you may be offered insurance products by some of the advisors who work here. These advisors could earn commissions from sales. However, the firm is a registered fiduciary, requiring it to always act in your best financial interest.
Foundations Asset Management, LLC Background
Foundations Asset Management, LLC was established in 2008. The firm is independently owned by principals Michael Shamburger and Rob Wedel, who have spent a combined 64 years in financial management.
The firm offers holistic asset management, group retirement planning and general financial planning. More specific services are available within these larger offerings, including:
- Retirement income planning
- Estate planning
- Trust planning
- Tax mitigation
- Charitable giving
- Insurance planning
- Higher education planning
- Business executive advisory services
Foundations Asset Management, LLC Client Experience
Foundations Asset Management, LLC strives to be as comprehensive as possible when building client portfolios. To do this, the firm not only takes into account the assets you’re investing with it, but also your other investments, insurance policies, family profile, estate documents, tax situation and any generational goals you might have. In addition to these factors, your advisor will also use your risk tolerance, liquidity needs and time horizon to formulate a final investment plan.
The firm’s work doesn’t end after its strategy is enacted. In fact, the firm says that it will closely monitor your portfolio’s performance so it will know exactly when it needs to be rebalanced or if a new plan should be implemented.