{"url":"https://nivawealth.com/firms/alliance-of-wealth-advisors-164428","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/164428","regulatoryAum":130250000,"crd":"164428","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1934561","suffix":null,"lastName":"RUSPI","firstName":"CHRISTOPHER","middleName":"MICHAEL"}],"total":1,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"secFileNumber":"801-135135","legalName":"Alliance of Wealth Advisors, LLC","displayName":"Alliance of Wealth Advisors","slug":"alliance-of-wealth-advisors-164428","website":"https://appliedfinancialwisdom.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"xUrl":"https://twitter.com/afwisdom","founded":null,"organization":"Maryland limited liability company","fiscalYearEnd":"December","headquarters":{"street":"529 Kansas City St., Suite 203","city":"Rapid City","state":"SD","stateName":"South Dakota","country":"United States","postalCode":"57701"},"tradeNames":["Applied Financial Wisdom"],"registration":{"secApproved":"12 January 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":860927.1523178808,"staff":{"employees":1,"advisory":1,"brokerDealerReps":1,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":130250000,"discretionary":90250000,"discretionaryAccounts":302,"nonDiscretionary":40000000,"nonDiscretionaryAccounts":20,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":150,"regulatoryAum":85000000},{"label":"High-net-worth individuals","clients":1,"regulatoryAum":45000000},{"label":"Corporations and other businesses","clients":1,"regulatoryAum":250000}],"feePrograms":[{"role":"main","program":"Asset Management Services","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1015844","versionId":1015844,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-09","documentName":"ADV PART 2A FIRM BROCHURE","fee_rate_low":null,"fee_rate_high":3,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning Services","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1015844","versionId":1015844,"submittedOn":"2026-03-09","documentName":"ADV PART 2A FIRM BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T14:32:51.550233+00:00","documents":[{"name":"ADV PART 2A FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1015844","versionId":1015844,"submittedOn":"2026-03-09"}]},"custodians":[{"name":"LPL Financial LLC","shortName":"LPL Financial","location":"Boston, MA","smaAssets":130250000}],"custodyNote":"Alliance of Wealth Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Christopher Ruspi","title":"Managing Member & Chief Compliance Officer","crd":"1934561"}],"ownership":[{"label":"Christopher Ruspi","detail":"Managing member & chief compliance officer in the 75% or more ownership band and a control person, since May 2012."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"South Dakota","offices":1,"addresses":[{"street":"529 Kansas City St., Suite 203","city":"Rapid City","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"301-570-8006","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"11-25","assetMix":[{"label":"Exchange-traded equity securities","percent":7},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":1},{"label":"Derivatives","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":76},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":1},{"label":"Cash and cash equivalents","percent":17}],"privateFunds":0},"sources":{"adv1FilingDate":"9 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/164428/PDF/164428.pdf","brochureDate":"9 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1015844","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Alliance of Wealth Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Alliance of Wealth Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Alliance of Wealth Advisors charge?","answer":"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.","source":"ADV PART 2A FIRM BROCHURE, filed 9 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Alliance of Wealth Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Alliance of Wealth Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Alliance of Wealth Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Alliance of Wealth Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Alliance of Wealth Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Alliance of Wealth Advisors?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 9 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}