Supreme Alliance LLC (West Palm Beach)

Name: Supreme Alliance LLC
Address: 212 Catania Way, West Palm Beach, FL, 33411
Telephone: 561-410-5002

Supreme Alliance LLC is a multi-state adviser based in West Palm Beach. It manages $2.84 million of regulatory assets for 53 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alabama, Arizona, California, and 22 other states.

Supreme Alliance provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Supreme Alliance: assets under management

The assets under management (AUM) of Supreme Alliance LLC is $2.84 million. The firm's AUM has grown by 309% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.47 million in discretionary accounts and $369 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $48.39 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $184.5 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 60% of the total AUM. The second-largest asset type is exchange traded securities, which make up 40% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Supreme Alliance LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Supreme Alliance serves?

The firm provides services to individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Supreme Alliance is individuals with 50 clients and $1.7 million of assets under management. Among the 1 most similar advisory firms, Supreme Alliance has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $2.84 million for 53 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Supreme Alliance doesn't advise any private funds.

Careers at Supreme Alliance LLC

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Insurance Distribution Consulting Llc	Owner	1 Feb 2012	75% - 100%	36-4532238
Michael Washington Jones	Finop	1 May 2012	Other	xxx-xx-xxxx
Henry Clay Ii Smith	Chief compliance officer	1 May 2012	Other	1736102
Eloyd Gene Sr Aguilar	Vice president, investment advisor	1 Jan 2014	Other	1439405
Jerome Robert Corsi	Vice president-insurance	1 Mar 2014	Other	1387058

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Michael Washington Jones	Owner	1 May 2003	75% - 100%	3248874

Based in West Palm Beach

The principal office where Supreme Alliance LLC performs its advisory services is located at 212 Catania Way, West Palm Beach, FL 33411 The mailing address of the firm is 212 Catania Way, West Palm Beach, FL 33411. An additional office of the firm is in Charlotte, NC. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 561-410-5002 or by fax 561-720-2189. The normal business hours are 8:00 am -5:00 pm on Monday - Friday. You can find more information about the New York firm at supremealliancellc.com.