Allegheny Investments
Assets Under Management
$633.8M
Number of Clients
1,356
Number of Advisors
14
Average Client AUM
$467K
AUM per Advisor
$45.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Allegheny Investments provides tailored investment management and financial planning services through its wrap fee program. Services include comprehensive portfolio management (PMA) and streamlined account management (SAM). They use personal discussions to develop investment strategies and manage portfolios, primarily using mutual funds. They also offer financial planning services to enhance cash flow, decrease tax liabilities, and meet financial goals.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $2.5M | 1.00% |
| $2.5M - $5.0M | 0.65% |
| $5.0M - $10.0M | 0.50% |
| $10.0M - $25.0M | 0.45% |
| $25.0M - $50.0M | 0.40% |
| $50M+ | 0.35% |
Allegheny, in its sole discretion, has the right to deviate from this schedule.
Fee Estimator
Allegheny Investments charges a single advisory fee for advisory services and transaction execution within its wrap fee program. This fee is negotiable and based on assets under management. For Comprehensive Portfolio Management (PMA), fees range from 1.00% on the first $2,500,000 to 0.35% on assets over $50,000,000. Streamlined Account Management (SAM) has a flat fee of 0.75% per annum. Clients may incur additional fees from Fidelity and other third parties, such as mutual fund expenses. Allegheny may deviate from the fee schedule at its discretion.
Areas of Practice
Location
Stone Quarry Crossing, 811 Camp Horne Road, Suite 100, Pittsburgh, PA, 15237