Alliance Wealth Management Partners provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year.
Alliance Wealth Management Partners reports 764 clients. They include 594 individual clients, 112 high-net-worth individuals, and 58 pension and profit-sharing plans. Of its assets, 77.4% ($211M across 1,569 accounts) are managed with discretion; $61.7M across 68 accounts are not. A wrap fee program the firm both sponsors and manages holds $272M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 78% | 41% |
| High-net-worth individuals | 15% | 38% |
| Pension and profit-sharing plans | 8% | 21% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 594 | $111M | 40.8% | $187K |
| High-net-worth individuals | 112 | $105M | 38.4% | $933K |
| Pension and profit-sharing plans | 58 | $56.7M | 20.8% | $978K |
| Total | 764 | $272M | 100% | $357K |
- Clients
- 594
- Regulatory AUM
- $111M
- AUM share
- 40.8%
- Avg. per client
- $187K
- Clients
- 112
- Regulatory AUM
- $105M
- AUM share
- 38.4%
- Avg. per client
- $933K
- Clients
- 58
- Regulatory AUM
- $56.7M
- AUM share
- 20.8%
- Avg. per client
- $978K
Total
- Clients
- 764
- Regulatory AUM
- $272M
- AUM share
- 100%
- Avg. per client
- $357K
- 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
- 1–10
Alliance Wealth Management Partners charges 0.75%–1.35% a year for its Investment Management Services. The fee is billed in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- Billed hourly at up to $350 per hour, or as a fixed engagement fee based on expected hours; the minimum financial planning fee is $1,500.
- Retirement Plan Advisory Services
- An annual asset-based fee of 0.25% to 0.75% based on plan size and scope of services; certain plans may be offered a fixed fee instead.
Patrick Clark owns 25% to 50% of Alliance Wealth Management Partners. The leadership team of Alliance Wealth Management Partners includes Chief Compliance Officer Michael Bishop. It has 13 employees, 5 of them in advisory roles.
Staff
- 13 employees
- 5 in advisory functions
- 5 state-registered reps
- 7 insurance agents
- Owns 25% to 50% of Alliance Wealth Management Partners LLC
Patrick Clark
Control person · since March 2021
- Owns 25% to 50% of Alliance Wealth Management Partners LLC
Michael Lawson
Control person · since March 2021
- Owns 10% to 25% of Alliance Wealth Management Partners LLC
Michael Bishop
Control person · since March 2021
- Owns 10% to 25% of Alliance Wealth Management Partners LLC
Lori Bishop
Control person · since March 2021
Alliance Wealth Management Partners’ regulatory assets grew Infinity× from $0 (July 2021) to $272M (March 2026); employees rose from 4 to 13.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $272M | 764 | 13 | 4 |
| Feb 2025February 2025 | $235M | 606 | 13 | 4 |
| Feb 2024February 2024 | $184M | 601 | 12 | 4 |
| Feb 2023February 2023 | $159M | 565 | 11 | 5 |
| Apr 2022April 2022 | $150M | 462 | 10 | 3 |
| Jul 2021July 2021 | $0 | 0 | 4 | 5 |
Besides its headquarters, Alliance Wealth Management Partners has 3 offices, with 4 listed addresses in 1 state.
Tennessee · 4 listed addresses
- 1111 N. Northshore Drive, Ste P-270, KnoxvilleHQ
- 213 East Washington Avenue, Athens
- 422 Marilyn Lane, Alcoa
- 5123 Highway 11 S., Calhoun
Other business names
Alliance Wealth Management Partners has reported 3 other business names to the SEC.
- Bowater Wealth Management
- Core Benefits & Investments
- Southeast Complete Wealth Management
Contact and registration details
- Legal name
- Alliance Wealth Management Partners LLC
- Headquarters
- 1111 N. Northshore Drive, Ste P-270, Knoxville, TN 37919
- Website
- corebi.net
- Phone
- 865-862-5956
- SEC file
- 801-121597
- Structure
- Tennessee LLC
- Fiscal year end
- December
Alliance Wealth Management Partners’ named custodians for separately managed accounts are Fidelity ($211M, 88%) and Capital Client Group ($29.4M, 12%). Alliance Wealth Management Partners has custody of $8.47M for 17 clients.
- FidelityFidelity Brokerage Services LLC · Boston, MA · $211M88%
- Capital Client GroupCapital Client Group, Inc. · Los Angeles, CA · $29.4M12%
At year end, Alliance Wealth Management Partners’ separately managed accounts were mostly in funds (67%) and stocks (21%).
What the accounts hold
- Stocks21%
- Funds67%
- Registered funds66%
- Pooled vehicles1%
- Bonds4%
- Investment grade corporate bonds2%
- U.S. government and agency bonds1%
- State and local bonds1%
- Cash8%
How many clients does Alliance Wealth Management Partners have?
Alliance Wealth Management Partners has 764 clients and manages $272 million for them, as of March 2026. They include 594 individual clients, 112 high-net-worth individuals, and 58 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 23 March 2026
What services does Alliance Wealth Management Partners offer?
Alliance Wealth Management Partners provides financial planning, portfolio management for individuals and small businesses, pension consulting, 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 Wealth Management Partners charge?
Alliance Wealth Management Partners charges 0.75%–1.35% a year for its Investment Management Services. The fee is billed in arrears and is negotiable.
Source: ALLIANCE WEALTH DISCLOSURE BROCHURE AND BROCHURE SUPPLEMENTS, filed 23 March 2026
Which custodians does Alliance Wealth Management Partners use?
Alliance Wealth Management Partners’ separately managed account assets are held at Fidelity Brokerage Services LLC (Boston, MA), with $211M and Capital Client Group, Inc. (Los Angeles, CA), with $29.4M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 23 March 2026
How many financial advisors does Alliance Wealth Management Partners have?
Alliance Wealth Management Partners has 5 investment adviser representatives registered with state securities authorities, out of 13 employees, and 5 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 7 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Alliance Wealth Management Partners invest in?
At the end of its last fiscal year, Alliance Wealth Management Partners’ separately managed accounts held 66% registered funds (mutual funds, ETFs, BDCs), 21% exchange-traded equities, 8% cash and equivalents, 2% investment grade corporate bonds, 1% U.S. government and agency bonds, 1% state and local bonds 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 Wealth Management Partners?
Alliance Wealth Management Partners’ direct owners are Michael Bishop, Patrick Clark, Michael Lawson and Lori Bishop, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 23 March 2026
How does Alliance Wealth Management Partners get paid?
Alliance Wealth Management Partners 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 Wealth Management Partners?
Alliance Wealth Management Partners’ main office is at 1111 N. Northshore Drive, Ste P-270, Knoxville, TN 37919. Its phone number is 865-862-5956. Its website is corebi.net.