Alloy Wealth Management Ballantyne Corporate Pl, Charlotte

Alloy Wealth Management Reviews

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  Dylan Patrick
  5

  Absolutely awesome company and team to work with. They care about you and make you feel apart of the family not just like any normal client relationship. On top of that Mark is one of the most knowledgeable industry experts I’ve ever met. HIGHLY recommend!!!

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  Matt Shain
  5

  Mark and his team provide the personal, individual client relationship that other firms just can't offer anymore. Everything is explained clearly and communicated concisely; no blind faith investing here. Not only have I been extremely pleased with the returns on my investments, but I no longer have to stress about how the market is doing. Mark's regular market updates are honest and informative, without product pushing. He's done a great job of establishing a relationship with his clients that keeps us educated and aware of risks and opportunities. Thank you for all you do.

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  Travis Oatman
  5

  Alloy has a very professional staff and environment. My investments have been doing great and I'm very satisfied. I have recommended them to several people!

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  Josh W
  5

  CHARLOTTE'S BEST! Mark and his team are exceptional! From start to finish, the attention to detail is top notch....... comforting office atmosphere, family-centric, attentive & responsive service, and very knowledgeable in retirement planning.

• D

  Doug Burnett
  1

  After below average returns for close to 3 years I moved my money out of Alloy Wealth in March of this year. Since then my account has grown over 50% based on realigning my investments to the strategy and accounts I held before I began with Alloy. While in terms of Alloy clients, based on what I was informed from the start, I was a very small investor. They used a company which they stated was cutting edge in managing investments which they personally track. While I will not name the company the main fund, to which 15%-20% of my dollars were invested, was owned by this particular company. Recently, going back to review this and other investments made during my time with Alloy, I found this particular fund has lost over 25% YTD and has only demonstrated a positive return of 1.36% in the life of the fund. When I did question my investment in this particular fund, while with Alloy and based on performance concerns, I was told it was about a balanced portfolio. I may not be the most educated investor and know the intricate details of the market, but something is not right with investing such a large portion of a portfolio in a fund which demonstrates less than 2% growth over the life of the fund. While I see Alloy as a polished and professional organization I also recommend anyone working with them get into the details and performance of the investments executed before you make the switch. Update 2021...Below is the main asset vehicle used for my 401K rollover as referenced above. It was supposed to be an excellent vehicle for investment and growth, but even as of today when the market has done outstanding in last 9+ months this investment as hawked by Alloy Wealth is rated as 1 out of 5 stars and continues to dramatically underperform the market. Note after taxes over its life it pays less than 4% yield. Given Alloy charges approximately of balance, this means if you were fully invested in Formula Folios product it would provide ZERO gain, and actually a loss. Transparently Alloy did not place 100% of my money in Formula Folios managed fund, but in terms of total it held the largest percentage of my 401K investments at approximately 20%. To date, since leaving Alloy Wealth, my 401K has grown close to 90% in only 12 months. If I had remained in the care of their asset management plan I would have seen some growth over the last 12 months, but not nearly the significant increase I have achieved by going back to my previous investment strategies I had in place prior to joining Alloy. Quarter-End Average Annual Total Returns 2,4 Quarter-End Average Annual Total Returns Additional Information MORE AS OF 3/31/2021 ; Fund Inception 12/17/2015 Expense Ratio (Gross) : 1.24% AS OF 4/1/2021 1 Yr 3 Yrs 5 Yrs 10 Yrs Life Before Taxes FormulaFolios US Equity Fund Institutional Class 30.96% 2.05% 4.95% -- 4.91% S&P 500 56.35% 16.78% 16.29% 13.91% 15.66% Mid-Cap Value 78.46% 9.99% 11.14% 10.05% -- After Taxes on Distributions FormulaFolios US Equity Fund Institutional Class 30.78% 1.37% 3.34% -- 3.39% Mid-Cap Value 75.97% 8.29% 9.45% 8.37% -- After taxes on distributions and sale of fund shares FormulaFolios US Equity Fund Institutional Class 18.32% 1.27% 3.09% -- 3.11% Mid-Cap Value

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  Regan Shield
  5

  Love the staff. Always available to answer any questions that I have.

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  Eric Kearney
  5

  Always grateful for Mark and his team. Great communication, strategies and ongoing advice.

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  Jackie Mawra
  5

  Helpful, knowledgeable and always growing in terms of company expansion, marketing, and portfolio growth.