Alliance of Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers. Financial planning was provided to 11–25 clients last fiscal year.
Alliance of Wealth Advisors reports 152 clients. They include 150 individual clients, 1 high-net-worth individual and 1 corporate or other business client. Of its assets, 69.3% ($90.3M across 302 accounts) are managed with discretion; $40M across 20 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 99% | 65% |
| High-net-worth individuals | <1% | 35% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 150 | $85M | 65.3% | $567K |
| High-net-worth individuals | 1 | $45M | 34.5% | $45M |
| Corporations and other businesses | 1 | $250K | 0.2% | $250K |
| Total | 152 | $130M | 100% | $857K |
- Clients
- 150
- Regulatory AUM
- $85M
- AUM share
- 65.3%
- Avg. per client
- $567K
- Clients
- 1
- Regulatory AUM
- $45M
- AUM share
- 34.5%
- Avg. per client
- $45M
- Clients
- 1
- Regulatory AUM
- $250K
- AUM share
- 0.2%
- Avg. per client
- $250K
Total
- Clients
- 152
- Regulatory AUM
- $130M
- AUM share
- 100%
- Avg. per client
- $857K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Alliance of Wealth Advisors charges up to 3.00% a year for its Asset Management Services. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- Hourly up to $500 per hour, or a fixed fee generally not exceeding $10,000, or a percentage of net worth or assets advised upon of no more than 3.00% per annum; generally negotiable.
Christopher Ruspi owns 75% or more of Alliance of Wealth Advisors. The leadership team of Alliance of Wealth Advisors includes Chief Compliance Officer Christopher Ruspi. It has 1 employee.
Leadership
Christopher RuspiManaging Member & Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 1 employee
- 1 in advisory functions
- 1 state-registered rep
- 1 broker-dealer rep
- 1 insurance agent
- Owns 75% or more of Alliance of Wealth Advisors, LLC
Christopher Ruspi
Control person · since May 2012
Besides its headquarters, Alliance of Wealth Advisors has 0 offices, with 1 listed address in South Dakota.
South Dakota · 1 listed address
- 529 Kansas City St., Suite 203, Rapid CityHQ
Other business names
Alliance of Wealth Advisors has reported 1 other business name to the SEC.
- Applied Financial Wisdom
Contact and registration details
- Legal name
- Alliance of Wealth Advisors, LLC
- Headquarters
- 529 Kansas City St., Suite 203, Rapid City, SD 57701
- Website
- appliedfinancialwisdom.com
- Phone
- 301-570-8006
- SEC file
- 801-135135
- Structure
- Maryland LLC
- Fiscal year end
- December
Alliance of Wealth Advisors uses LPL Financial ($130M) as custodian for its separately managed accounts. Alliance of Wealth Advisors does not have custody of client assets.
- LPL FinancialLPL Financial LLC · Boston, MA · $130M100%
At year end, Alliance of Wealth Advisors’ separately managed accounts were mostly in funds (77%) and cash (17%).
What the accounts hold
- Stocks7%
- Funds77%
- Registered funds76%
- Pooled vehicles1%
- Bonds2%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash17%
- Other1%
- Derivatives1%
How many clients does Alliance of Wealth Advisors have?
Alliance of Wealth Advisors has 152 clients and manages $130 million for them, as of March 2026. They include 150 individual clients, 1 high-net-worth individual and 1 corporate or other business client.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 9 March 2026
What services does Alliance of Wealth Advisors offer?
Alliance of Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Alliance of Wealth Advisors charge?
Alliance of Wealth Advisors charges up to 3.00% a year for its Asset Management Services. The fee is billed in advance and is negotiable.
Which custodians does Alliance of Wealth Advisors use?
Alliance of Wealth Advisors’ separately managed account assets are held at LPL Financial LLC (Boston, MA), with $130M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 9 March 2026
How many financial advisors does Alliance of Wealth Advisors have?
Alliance of Wealth Advisors has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Alliance of Wealth Advisors invest in?
At the end of its last fiscal year, Alliance of Wealth Advisors’ separately managed accounts held 76% registered funds (mutual funds, ETFs, BDCs), 17% cash and equivalents, 7% exchange-traded equities, 1% state and local bonds, 1% investment grade corporate bonds, 1% derivatives and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Alliance of Wealth Advisors?
Alliance of Wealth Advisors’ direct owner is Christopher Ruspi (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 9 March 2026
How does Alliance of Wealth Advisors get paid?
Alliance of Wealth Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Alliance of Wealth Advisors?
Alliance of Wealth Advisors’ main office is at 529 Kansas City St., Suite 203, Rapid City, SD 57701. Its phone number is 301-570-8006. Its website is appliedfinancialwisdom.com.