Strategic Financial Solutions for Family Wealth Management
Alpha Wealth Strategies is a registered investment advisory firm headquartered in beautiful Cypress, Texas, with a meeting facility in Uptown Houston . We provide fee-only investment consulting and financial advice. Independent from product sales and brokerage firms, Alpha Wealth Strategies avoids potential conflicts of interest by working solely for you. We receive no compensation from third parties such as mutual fund or insurance companies, and we do not sell any financial products.
We work with successful people who have accumulated wealth and are interested in tried and true strategies for investing to preserve what they have accumulated. Although no minimum asset level is required, initial minimum fees assume an account size of $2 million. Alpha Wealth Strategies' clients work directly with the owner/founder, as well as the entire team. The firm's services are geared toward the knowledgeable, experienced investor who can appreciate the time tested approach of long term, strategic asset allocation and a manager selection process employed by institutional investors. A prudent and well defined process is followed to ensure that uncompensated risks are avoided and optimal returns are achieved over time, relative to the risk accepted in the portfolio strategy.
Financial objectives may include:
- Preserving personal wealth for yourself, your spouse and heirs
- Establishing planned giving strategies and creating charitable legacies
- Increasing peace of mind through the knowledge you are following prudent, proven strategies for financial success
- Maximizing wealth transfers during your lifetime and at your death
- Minimizing the risk of financial catastrophe
- Protecting against inflation and imprudent investment strategies
- Reducing income tax burdens through tax sensitive investment strategies
- Establishing a cash flow strategy that fits within the context of your family's overall wealth goals
Client Relationship Summary Disclosure
ALPHA WEALTH STRATEGIES, LLCis an investment advisory firm registered with the Securities and Exchange Commission. Brokerage and investment advisory services and fees differ, and it is important that you understand the differences. Please visit https://www.investor.gov/CRS for free, simple tools to research firms and financial professionals, as well as educational materials about broker-dealers, investment advisers, and investing.
Relationships & Services
What investment services and advice can you provide me?
We offer investment advisory/consulting services to high net worth individuals on a fee-only basis. We do not provide brokerage services; however, service providers we recommend do. Our services include a review of your current financial situation, risk tolerance, goals and objectives, and cash flow in order to develop a personalized Investment Policy Statement for you, which limits what we may recommend to you. We do not recommend proprietary products (investment products we create), and limit investment recommendations to mutual funds and separate account money managers. Although you will give us the power to make certain portfolio decisions without your prior approval (called discretionary authority), we will typically consult with you and obtain your approval before making changes to your investment allocation strategy, mutual funds, or money managers. We will monitor your investment portfolio and custodial account activity on an on-going basis, as well as provide you performance reports and manager/fund evaluations quarterly. Working with your other advisors (estate planner, tax practitioner, etc.) we will assist in developing a cohesive, coordinated tax sensitive investment strategy for you. Should you become a client, you will be required to notify us of any changes to your financial situation, goals, and risk tolerance as your personal situation or life events change that could impact your investment strategy.
Account Minimums: We prefer to work with individuals having at least $5 million in manageable investment assets. Please see our Form ADV 2, Item 5. Minimums may be waived by us at our discretion. Fees are paid quarterly based on the value of assets in the portfolio at the beginning of each quarter.
Additional Information:Please also see our Form ADV Part 2A (“Brochure”), specifically Items 4 & 7 which we have provided to you with this document and can be found online at https://adviserinfo.sec.gov/firm/summary/139757.
Questions to ask us: Given my financial situation, should I choose an investment advisory service? Why or why not? How will you choose investments to recommend to me? What is your relevant experience, including your licenses, education and other qualifications? What do these qualifications mean?
Fees, Costs, Conflicts and Standard of Conduct
What fees will I pay?
Our firmis a fee-only investment adviser fiduciary, and you pay us a fee for our advice based on assets you engage us to help you invest. We do not make products to sell you, nor do we trade or sell securities for related third parties to earn commissions. We are not paid, directly or indirectly, by third parties for advice we give you. Fees are calculated as a percentage of your assets quarterly, in accordance with the investment advisory consulting agreement we agree to in writing. We do not charge a “performance fee” (an added fee for exceeding a benchmark goal). However, the more assets you have in your account(s) the more you will pay us, so we have an incentive to increase those assets in order to increase our fee.
In addition, you will pay all separate account money manager fees and mutual fund fees, plus securities brokerage commissions, transaction costs and custody fees, if any, that may be imposed by selected custodians or charged by the custodian's brokerage firm through whom securities are bought or sold. We will not receive any part of these fees or commissions. We will ensure you understand the specific nature and amount of these fees when we meet.
Additional Information: You will pay fees and costs whether you make or lose money on your investments. Fees, costs and income taxes will reduce any gross returns you make on your investments over time. Please make sure you understand what fees and costs you are paying and refer to our Form ADV, Part 2A brochure for greater detail, or at https://adviserinfo.sec.gov/firm/summary/139757.
Questions to ask us: Help me understand how these fees, costs and taxes might affect my investments. If I give you $5,000,000 to invest, how much will go to fees and costs, and how much will be invested for me? How might your conflicts of interest affect me, and how do you address them?
What are your legal obligations to me when acting as my investment adviser? How else does your firm make money and what conflicts of interest do you have?
When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours.At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they could potentially affect the investment advice we provide you. Here are some examples to help you understand what this means: Because the fee you pay us is based on the value of your assets, the more you have in your advisory account(s) the more we earn; therefore we have an incentive to increase those assets in order to increase our fee - either by withholding financial advice that would reduce those assets (e.g. recommendations regarding mortgages or other borrowing) or increase those assets (e.g. qualified plan lump sum/rollover recommendations), or recommending certain investments with higher return potential that would also have higher risk potential. Examples of potential conflicts are more fully addressed in our ADV Part 2A Item 11.
Questions to ask us: How might your conflicts of interest affect me, and how will you address them?
Additional Information: Please see the Form ADV, Part 2A brochure we provided to you, or visit: https://adviserinfo.sec.gov/firm/summary/139757
How do your financial professionals make money?Our “employees” that advise you are partners (members) of the Firm and may receive a combination of salary and bonuses in the form of “guaranteed payments,” and owner distributions which are based on their respective ownership share of the net income of the Firm. Bonuses are not directly tied to any event (such as bringing in new clients or new assets) that would create a conflict of interest or undue financial incentive to mislead a client or potential client.
Do you or your financial professionals have legal or disciplinary history?
No, we do not have any legal or disciplinary events. Visit https://www.investor.gov/CRS for a free, simple search tool to research us and our financial professionals. There you can also access an electronic version of the Form ADV Part 2 that we have given you.
Questions to ask us: As a financial professional, do you have any disciplinary history? For what type of conduct?
For additional information on our advisory services, please visit our website at www.alphawealthstrategies.com. If you have any questions, need additional information, or want another copy of this Client Relationship Summary or our Form ADV Part 1 or Part 2, please contact Clark Blackman II at 281-758-5252.
Questions to ask us: Who is my primary contact person? Is he or she a representative of an investment adviser or a broker-dealer? Who can I talk to if I have concerns about how this person is treating me