Alliance Wealth Advisors, LLC logo

Alliance Wealth Advisors, LLC

Updated today

Client AUM

$491,635,748

Clients

648

Advisors

6

of 8 employees

About

Alliance Wealth Advisors is a team-based registered investment adviser that provides wealth management, financial planning, portfolio management for individuals (including high-net-worth clients), business owners, trusts and retirement plans. The firm manages roughly $601 million in regulatory assets for about 648 clients and offers both ongoing discretionary investment management and modular financial planning services.

Alliance uses a goals-based, comprehensive financial planning process to establish customized asset-allocation strategies and builds portfolios using fundamental analysis, third-party research, and quarterly rebalancing. For discretionary clients it offers a range of risk-based strategies from conservative to aggressive, and it documents the use of option strategies and a firm-managed fixed income program while also serving as an ERISA fiduciary in both 3(21) and 3(38) retirement-plan roles.

Noteworthy aspects that differentiate the firm from many peers include a formal Alliance Center for Investor Education focused on community workshops and investor outreach, explicit implementation of option-based strategies (covered calls, cash‑secured puts, hedges and spreads), and an affiliation with Producers Choice Network through which certain insurance products may be offered on a commission basis. The firm also discloses referral arrangements with a public accounting firm and relies on custodial relationships with Raymond James and Schwab that provide research, conferences and practice‑management support which can influence platform selection.

Client services

Financial planning Portfolio management Pension consulting Newsletters or periodicals Educational seminars or workshops

Expertise

Business succession planning Charitable giving & philanthropy Options & derivatives strategies Retirement plans for business owners (SEP, solo 401k)

Occupation focus

Founder/Business Owner

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Fee options

Percentage

$0+: Up to 1.75% per year (Investment Management Program, negotiable) $0+: Up to 1.25% (Retirement Plan Consulting Program, negotiable, with minimum monthly fee of $250 per plan)

Commissions

Commissions charged for insurance products and annuities; annuities are subject to either investment management fee or commission, but not both

Other

Minimum fee: $50 per month per client relationship (Investment Management Program minimum fee); $250 per month per plan (Retirement Plan Consulting Program minimum fee) Fee-only: Financial planning fees start at $500, negotiable, may be waived or combined with investment management fee

Main office

538 Biden Street, Suite 700

Scranton PA 18503

Advisors at this office

6

Most active in

Florida · Georgia · Nebraska · New Jersey · New York · Pennsylvania · Texas · Virginia

Also doing business as

Alliance Center For Investor Education · Alliance Wealth Advisors, LLC · The Rose Holcomb Ross Group

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Perry R

CFP®, Series 63, Series 65

Scranton, PA

Alliance Wealth Advisors, LLC

Perry Rose is a CFP® professional with 39 years of industry experience, currently serving at Alliance Wealth Advisors, LLC since 2017. His prior roles include positions at Financial Services International Corp and Wells Fargo Advisors. Alliance Wealth Advisors provides wealth management, financial planning, and investment advisory services to individuals, business owners, and retirement plans, managing approximately $498 million in assets. The firm employs a goals-based planning process with customized asset allocations and risk analytics, offering both discretionary and non-discretionary portfolio management alongside retirement plan consulting.

Business succession planning Charitable giving & philanthropy Options & derivatives strategies Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Michael C

Series 65

Scranton, PA

Alliance Wealth Advisors, LLC

Michael Cordaro is a financial advisor at Alliance Wealth Advisors, LLC with six years of industry experience. He holds the Series 65 designation and previously worked at Brown Brothers Harriman for five years before joining his current firm. Alliance Wealth Advisors is a team-based registered investment adviser that provides wealth management, financial planning, and portfolio management services to individuals, business owners, trusts, and retirement plans. The firm employs a goals-based, comprehensive financial planning process and offers risk-based discretionary investment strategies alongside option-based strategies and a firm-managed fixed income program.

Business succession planning Charitable giving & philanthropy Options & derivatives strategies Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Sean D

Series 66

Scranton, PA

Alliance Wealth Advisors, LLC

Sean Dempsey is a financial advisor at Alliance Wealth Advisors, LLC in Scranton, PA, holding a Series 66 designation with three years of industry experience. His prior experience includes roles at Bank of America, Merrill, and Wayne Bank. Outside of finance, he has worked at Elmhurst Country Club for six years. Alliance Wealth Advisors provides wealth management, financial planning, and investment advisory services to individuals, business owners, and retirement plans. The firm employs a goals-based, comprehensive planning approach with customized asset allocations, risk analytics, and a range of investment strategies, while also offering retirement plan consulting and investor education programs.

Business succession planning Charitable giving & philanthropy Options & derivatives strategies Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Jude M

CFP®, Series 66

Scranton, PA

Alliance Wealth Advisors, LLC

Jude Mcdonough is a CFP® professional with 20 years of experience in the financial services industry. He has worked at Alliance Wealth Advisors, LLC since 2019 and previously held roles at LPL Financial LLC and INVEST Financial Corp. Alliance Wealth Advisors provides wealth management, financial planning, and investment advisory services to individuals, business owners, and retirement plans. The firm employs a goals-based planning process and utilizes risk analytics and diverse investment strategies, including options and fixed-income portfolios, to serve its clients.

Business succession planning Charitable giving & philanthropy Options & derivatives strategies Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Christopher R

CFP®, Series 66

Scranton, PA

Alliance Wealth Advisors, LLC

Christopher Ross is a CFP® with 22 years of industry experience. He has worked at Alliance Wealth Advisors, LLC since 2017 and previously held roles at Financial Services International Corp, Wells Fargo Clearing, and Wells Fargo Advisors LLC. Alliance Wealth Advisors is a team-based registered investment adviser serving individuals, including high-net-worth clients, business owners, trusts, and retirement plans. The firm uses a goals-based financial planning process and offers discretionary investment management with risk-based strategies, option implementations, and retirement-plan fiduciary services.

Business succession planning Charitable giving & philanthropy Options & derivatives strategies Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
user avatar

Douglas H

Series 63

Scranton, PA

Alliance Wealth Advisors, LLC

Douglas Holcomb is a financial advisor with Alliance Wealth Advisors, LLC in Scranton, PA, holding a Series 63 designation and 39 years of industry experience. His prior roles include positions at Wells Fargo Advisors LLC and Wells Fargo Clearing. Outside of his advisory work, he serves as a board member of Ariel Land Owners, Inc., managing a recreational lake. Alliance Wealth Advisors provides wealth management, financial planning, and investment advisory services to individuals, business owners, and retirement plans. The firm employs a goals-based, comprehensive planning process with customized asset allocations and risk analytics, offering both discretionary and non-discretionary portfolio management alongside retirement plan consulting.

Business succession planning Charitable giving & philanthropy Options & derivatives strategies Retirement plans for business owners (SEP, solo 401k) Founder/Business Owner
View complete list of advisors at this firm
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