Alera Retirement Advisors, LLC
Assets Under Management
$45.7M
Number of Clients
81
Number of Advisors
N/A
Average Client AUM
$565K
AUM per Advisor
N/A
Compensation
Fee-Only (AUM)
About This Firm
Alera Retirement Advisors offers discretionary investment management services, allocating client assets among independent managers, mutual funds, and ETFs. They may also provide advice on investments held in variable life/annuity products, employer-sponsored retirement plans, and 529 plans. The firm tailors its services to individual client needs and investment objectives. Alera Retirement Advisors generally does not provide financial planning or other consulting services, but may provide limited consultation services on an unsolicited basis.
Fee Structure
Alera Retirement Advisors charges an annual fee based on a percentage of the market value of assets under management or a flat fee. The annual fee varies between 0.01% and 1.00% depending on the market value of assets and the type of investment management services rendered. Fees are exclusive of brokerage commissions, transaction fees, and other related costs. The firm may negotiate its fee based on certain criteria. They generally impose a minimum portfolio size of $1,000,000, but may accept clients with smaller portfolios at their discretion.
Areas of Practice
Location
800 Parker Hill Road, Suite 100, Rochester, NY, 14625