Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $250K | 2.75% |
| $250K - $1.0M | 2.50% |
| $1M+ | 2.00% |
Maximum fees. Actual fees and breakpoints are negotiable.
Fee Estimator
B. Riley Wealth Advisors offers wrap fee programs where you pay a single fee for investment advice, brokerage, and custodial services. The maximum annual fee for the Advisor-as-Portfolio Manager (APM) program is 2.75% on the first $250,000, 2.50% on the next $750,000, and 2.00% above $1,000,000. Fees and breakpoints are negotiable. Sub-advisers on the Envestnet platform typically charge 0.25% to 0.75% per year, included in the wrap fee. The minimum account size ranges from $25,000 to $250,000, but is negotiable. Clients may receive a net negative yield on cash balances held in the Bank Deposit Sweep Program (BDSP).
Areas of Practice
Advisor Information
Office location
1 Promenade Street, Building 1, Suite 202, Bluffton, SC, 29910
Get directionsRegulatory History
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Allen works as an investment advisor at Hilton Head Asset Mgmt Group, dedicating full-time hours to this role.