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Independent Advice

Aligned with Your Interests

Who We Serve


We aim to simplify and improve the financial lives of our clients with objective, fee-only financial advice and a fiduciary standard of care. We simplify by making things less complicated and focusing on things that can be controlled.

We clarify goals with our clients and develop an evidence-based, comprehensive financial plan. Who are some of the people we help?

Individual & Families

We meet to learn more about your family, occupation, background and financial goals. We gather the information that we will need to develop a comprehensive financial plan with a supporting investment strategy.

Accountants

Accountants need financial planners too. We help attorneys through estate planning, financial planning, succession planning, tax planning, and investment management.

Corporate Executives

Physicians have unique needs. We help doctors through financial planning, insurance planning, tax planning, and investment management. We can help protect their wealth against lawsuits and other liabilities.

Professors

Professors have specific needs because many colleges and universities have retirement savings plans with various rules and distribution allocations. Allodium can help build a financial plan tailored to specific situational needs.

Physicians

Executives have specialized requirements because their assets may be disproportionately tied to their employer, such as stock options or other equity interests.  Executives often have different benefit options, such as increased life/disability benefits and additional retirement savings plans. Allodium can help analyze executives’ unique employee benefits options to leverage their benefits as much as possible.

Attorneys

Attorneys have requirements and concerns specific to their field of occupation. Some ways we help attorneys are through estate planning, financial planning, succession planning, tax planning, and investment management.

Entrepreneurs & Business Owners

Business owners have special requirements in tax planning, risk management, retirement planning, investment planning, gift and estate planning, and succession planning. Some ways we help entrepreneurs:

  • Key person insurance coverage
  • Insurance for cross-purchase or stock redemption plan buy-sell agreements
  • Setting up 401(k), profit sharing and non-qualified deferred compensation plans for employees

More ways we help

  • Setting up Cash Balance Plans to ultimately provide greater retirement benefits for owners
  • Business succession planning and analyzing options such as:
    • ESOPs and sales to ESOPs
    • IDGT transfers to heirs/children
    • Family Limited Partnership transfers to heirs/children
  • Setting up appropriate disability coverage and EEO insurance

Other Individuals

Divorcees & Widows

Many individuals experience a time of transition, facing new financial decisions for which they are unprepared due to the loss of a loved one through divorce or death. We understand and can help them strategize their financial plan.

Inheritors

Receiving an inheritance can be a stressful time in life due to the loss of a loved one. There may also be many questions about handling an inheritance. Allodium can help answer questions and build a tax-efficient financial and investment plan which incorporates their personal goals.

Institutional Investors

At Allodium Investment Consultants, we understand that each institution has unique investment needs and fiduciary responsibilities. As a fee-only, fiduciary advisory firm, we provide independent, evidence-based investment advice to help institutions manage their portfolios.

Trusts

Trusts require a careful balance between preserving capital and generating sustainable income for beneficiaries. We develop customized investment strategies that align with the trust’s objectives and distribution requirements while maintaining prudent risk management.

Foundations

Foundations must balance grantmaking priorities with long-term financial sustainability. Our strategic approach helps ensure that your foundation’s assets are managed to support your philanthropic mission.

Endowmemts

Endowments play a critical role in funding educational, religious, and charitable initiatives. We work with endowments to develop disciplined investment strategies that promote stability and growth.

Nonprofit Organizations

Nonprofit organizations need solutions that align with their mission and operational needs. We help nonprofits build and manage investment portfolios that support financial sustainability while adhering to governance best practices.

Frequently Asked Questions

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 fee-only, 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?

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 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, ETFs, separately managed accounts, and socially responsible investments.

Where are your client’s portfolios held?

Charles Schwab is the custodian that a majority of our clients use. We also work with trust companies and 401k plans that use other custodians.

What are your fees?

Our investment advisory fee is a percentage of the assets that we manage, typically based on the size and complexity of the client relationship. For some clients we provide a choice of a flat retainer fee if that is their preference. We accept no compensation from sources other than our clients. Allodium offers its services on a fee basis, which include hourly and/or fixed fees, as well as fees based upon assets under management. For our services that include an ongoing investment management component, our investment advisory fee starts at 1% of assets under management. 

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?

The minimum annual investment advisory fee for either our wealth management service or our fiduciary management service is $10,000 per year ($1,000,000 x 1% = $10,000) or $2,500 quarterly.

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?

Allodium is located two blocks away from the Stone Arch Bridge and the Guthrie Theater in the historic Mill City district of Minneapolis. Our office is easily accessible from major freeways, and there is free parking in the garage attached to our building.

Our address:

500 Washington Avenue South
Suite 4400
Minneapolis, MN 55415

I don’t live in Minneapolis. Can I still work with you?

Yes, we work with clients virtually in other parts of the United States.

Let’s Meet

We invite investors with portfolios over $1 million to a
complimentary “Get Acquainted” meeting with one of our
financial advisors.

Contact Us

Contact Us