The Albany Group

What The Albany Group does

The Albany Group is an independent wealth management advisory practice headquartered at 254 Moulton St E, Suite 200, in Decatur, Alabama. The firm serves primarily individuals approaching or already in retirement, along with estate planning and investment management clients, through a consultative, relationship-based model that emphasizes face-to-face engagement and personalized financial planning. Its service offering is a comprehensive suite spanning retirement planning, estate planning, investment management, insurance strategies, and tax planning, with each engagement structured as an integrated financial strategy rather than standalone products.

The firm has no proprietary technology stack; instead, it operates entirely through LPL Financial's technology platform, which provides fintech tools, practice management services, and the advisor affiliation model. LPL Financial, a Registered Investment Advisor and Member FINRA & SIPC, is the platform through which all securities and advisory services are delivered, and LPL supports more than 32,000 financial advisors and approximately $2.3 trillion in brokerage and advisory assets — providing The Albany Group with a substantial back-office and regulatory infrastructure at the cost of full platform dependency. The practice is staffed by a 7-person team led by Managing Partner Joseph Montgomery, with Taylor Roberts, Chris Story, and Beau Jones also listed as Managing Partners, supported by team members Liz Yates and Danita Shoulders, and Client Services Specialist Stephanie Brock.

Revenue is generated through advisory fees and/or commissions on securities transactions routed via the LPL Financial broker-dealer and RIA platform. The firm does not publicly disclose pricing or AUM, and its customer base is composed of individual households concentrated in the Decatur, Alabama area and the broader Southeast United States, with geographic restrictions tied to the LPL representative's licensure limiting which state residents can be served. Go-to-market is sales-led and relationship-driven, supported by content marketing across a website, blog, market commentary, and social media (Twitter, LinkedIn, Facebook).

Name

The Albany Group

Legal name

The Albany Group

Website

https://thealbanygroup.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

The Albany Group is an independent wealth management advisory firm in Decatur, Alabama, serving pre-retirees, retirees, and individuals seeking estate and investment planning through LPL Financial's RIA platform with a 7-person team.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Finance and Insurance (52)

SIC

Investment Advice (6282), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Financial Planning–Led RIAs (FSAAACAB)

akta.pro secondary industries

Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE), Family Wealth & Multi-Generational Planning RIAs (HNW/UHNW-lite) (FSAAACAH)

Keywords

• Wealth management services
• Retirement planning
• Estate planning
• Investment management
• Financial advisory

Headquarters

HQ city

Decatur

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Financial Advisory Services: Wealth management and financial advisory services provided through LPL Financial, a registered investment advisor and broker-dealer. Revenue generated through advisory fees and/or commissions on securities transactions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

The Albany Group is a wealth management and financial advisory practice that delivers personalized retirement planning, estate strategy, investment management, insurance strategies, and tax planning services to individual clients. Securities and advisory services are offered through its affiliation with LPL Financial, a registered investment advisor and broker-dealer, and the firm operates via face-to-face consultations from its Decatur, Alabama office.

Product overview

The Albany Group is a wealth management and financial advisory firm offering a comprehensive suite of financial services. The firm operates as a single-service advisory practice with interconnected service offerings including Retirement Planning, Estate Planning, Investment Management, Insurance Strategies, and Tax Planning. These services are designed to work together as an integrated financial strategy, with the firm emphasizing personalized service through a team-based approach. The firm is affiliated with LPL Financial and operates from Decatur, Alabama, serving clients in the wealth management and retirement planning space.

Differentiator

Problem solved

Functional benefit

Products and services

• Retirement Planning Comprehensive retirement planning services to help individual clients preserve their independent financial future, including 401(k) strategies, Social Security optimization, and retirement income planning.
• Estate Planning Estate planning services to ensure clients and their loved ones are cared for today and tomorrow, including wills, trusts, and inheritance strategies.
• Investment Management General investment strategies and portfolio management to help ensure clients' money is always working toward their financial goals.
• Insurance Strategies Insurance planning services including life insurance, disability insurance, umbrella coverage, and Medicare planning to protect clients and their families.
• Tax Planning Tax planning services to help clients optimize their tax situation through strategic planning and investment decisions.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• LPL FinancialcoreStrategic or Co-development PartnerSecurities and Advisory Services offered through LPL Financial, a Registered Investment Advisor and Member FINRA & SIPC. LPL is among the fastest growing wealth management firms in the U.S., supporting more than 32,000 financial advisors and servicing approximately $2.3 trillion in brokerage and advisory assets. The Albany Group operates as an affiliated practice within the LPL advisor network.

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Direct peers

• Kestra Financial: Independent broker-dealer/RIA platform supporting independent financial advisors with retirement, investment, and insurance solutions. Directly comparable as a competing affiliation model for small-to-mid independent advisory practices targeting individuals and families.
• Commonwealth Financial Network: Independent broker-dealer/RIA platform supporting independent financial advisors with practice management, technology, and product access. Closely comparable as a direct competitor affiliation model, hosting practices that look and operate much like The Albany Group.
• Carson Group: Independent wealth management platform supporting financial advisors with coaching, technology, and back-office infrastructure for holistic financial planning. Comparable as an alternative platform for practices delivering retirement, estate, tax, and investment planning to individuals.
• Cetera Financial Group: Independent broker-dealer/RIA network supporting thousands of advisors delivering retirement, investment, and insurance solutions. Comparable as an alternative to LPL Financial for small independent advisory practices serving individual clients with holistic planning needs.
• Cambridge Investment Research: Independent broker-dealer/RIA platform supporting thousands of financial advisors in delivering retirement, investment, and insurance planning. Directly comparable as an alternative affiliation model to LPL Financial, hosting similarly sized independent practices serving individuals and families.

Broad incumbents

• Edelman Financial Engines: Large independent financial planning firm providing retirement, investment, tax, and estate services primarily to individuals. Comparable in targeting individuals with comprehensive planning needs, but operating at significantly greater scale with proprietary technology and planning engines.
• Mariner Wealth Advisors: Independent, employee-owned wealth advisory firm providing financial planning, investment management, tax, and estate services. Comparable holistic offering and client profile (HNW individuals and families), but operates at national scale via multiple offices.
• Creative Planning: Large independent RIA offering comprehensive financial planning, retirement, estate, tax, and investment services. Comparable because it sells the same integrated wealth management offering Albany does, but at vastly greater scale and a national footprint rather than a single regional office.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xtwitter.com/The_Albany_Grp
• Facebookfacebook.com/thealbanygroup
• LinkedInlinkedin.com/company/thealbanygroup

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Albany Group