New York-based Total Alignment Wealth Advisors has launched a new prohibitions-based, fee-only multi-family office model providing independent financial advice and implementation services to individuals and families with complex financial lives.
According to the company, its advisor would be prohibited from selling financial products and, instead, would only provide wealth advisory and organizational services that were complementary to – but not competitive with – the services already provided by client’s traditional advisors.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The company claims that its flagship offering – The Total Alignment Family CFO – will address the core demand of its client by offering total financial organization, implementation assistance and advice on every aspect of their financial lives – including estate planning, taxes, insurance, cash flow, investments and, where appropriate, recommendations on the replacement of advisors.
Total Alignment Wealth Advisors is founded by Michael Ross and Robert Hayden. Together, Ross and Hayden have more than 25 years of experience in the wealth advisory industry. Both are Certified Financial Planner practitioners.
Ross said: "We believe that this foundation of independent, impartial advisory services is one that is truly unique to the industry and one upon which we are excited to build.
"It is rare that a wealth advisory firm will be formed from its outset with restrictions on how it can earn revenues, and we think that such a structure is not only in the best interests of our clients but also represents a competitive advantage for our firm," he added.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
