Allegory Advisory

Allegory Advisory provides financial planning and discretionary portfolio management primarily for individual and high‑net‑worth clients, reporting approximately $34.6 million in assets under management for about 30 clients. The firm offers standalone hourly planning alongside ongoing asset‑based management, generally imposing a $250,000 account minimum for portfolio services while not requiring a specific income threshold.

The firm’s investment approach is grounded in a long‑term Modern Portfolio Theory framework that emphasizes asset allocation, low‑cost diversified funds (often index funds), tax‑aware asset location, periodic rebalancing, and use of quantitative metrics such as alpha, beta, Sharpe ratio and R‑squared in portfolio construction. Allegory delivers planning work at a published hourly rate ($240/hour, billed in six‑minute increments) and manages discretionary accounts on a blended tiered AUM schedule with quarterly billing and periodic performance reporting.

Noteworthy features for a small, independent adviser include the principal’s professional background—an MBA in finance and prior senior roles at Ernst & Young and Arthur Andersen—which the brochure cites as shaping the firm’s analytical emphasis, and a New York life insurance consultant license held for client education rather than product sales. The firm also discloses operational arrangements that are less common for a solo RIA: it recommends Trade‑PMR (clearing through Wells Fargo) and participates in that custodian’s advisor support program, and it does not vote client proxies or act as trustee, leaving proxy voting and class‑action responses to clients.