How is Allodium different from other advisors?
Allodium is committed to providing unmatched service to a limited number of clients. We follow a fiduciary standard of care, meaning that clients' interests must come first, and that we must provide objective guidance in all situations. We are completely independent from banks, brokerage firms and other financial product providers, and we do not receive commissions for the investment options that we recommend.
What is a fiduciary?
The financial advisor world includes two standards of client care. One, known as the "suitability" standard, requires that advisors' recommendations merely be "suitable" for clients' needs.
We adhere to the far more rigorous "fiduciary standard." As fiduciaries, we are required to act with complete loyalty to our clients. We must place clients' interests ahead of our own and provide un-conflicted advice and guidance.
What is your investment philosophy?
Allodium's investment approach is grounded in the most respected academic research. We believe in investing for the long term in order to participate in the growth of the capital markets over time. We believe in broad diversification as a means to limit risk and reach investing goals. We think it critical to focus on investments that are both low-cost and tax-efficient. Finally, we believe it is important to have a disciplined investment strategy that is actively monitored and adjusted over time.
What type of investments do you use?
Institutional share class Mutual Funds
Separately Managed Accounts
Socially responsible investments
Where are your clients' portfolios held?
What are your fees?
More information about our fees can be found in our Disclosure Brochure at the following link: Allodium Disclosure Brochure.
Allodium, in its sole discretion, may negotiate to charge a fixed fee schedule or fee schedule that varies from Allodium’s standard fee schedule described above based on certain criteria, including anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be managed, related accounts, account composition, pre-existing client, account retention, and pro bono activities.
What is your investment minimum?
For clients with portfolios less than $1,000,000 under Allodium’s management, Allodium typically recommends Allodium’s management to use the Allodium Portfolios platform, as a minimum fee is not imposed for these clients.
Allodium, in its sole discretion, may waive its minimum annual fee based upon certain criteria including anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be managed, related accounts, account composition, pre-existing client, account retention, and pro bono activities.
Where are you located?
500 Washington Avenue South
Minneapolis, MN 55415