Allodium Investment Consultants, LLC logo

Allodium Investment Consultants, LLC

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Client assets under management

$495,508,157

Clients

266

46% high-net worth

Advisors

4

of 12 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

67

Typical

Average account size

$1,862,813

About

Allodium Investment Consultants is a fee-only, SEC-registered adviser that serves individuals (including high-net-worth clients), foundations, endowments, pension and profit-sharing plans, trusts, and other institutions, with approximately $576.8 million in discretionary assets under management, four primary advisers, and about 266 client relationships. The firm provides discretionary investment management, financial planning, fiduciary consulting, and a scaled “Allodium Portfolios” service delivered through the Betterment Advisor Solutions platform for clients with smaller or less complex portfolios.

Allodium’s investment approach emphasizes strategic asset allocation, broad diversification, and a bias toward low-fee, tax-advantaged investments implemented largely through passive funds, while also recommending independent managers or other strategies when the firm identifies specific inefficiencies or manager advantages. The firm uses external screening tools to select and monitor managers, conducts periodic rebalancing, produces consolidated performance reporting at least quarterly, and typically manages client assets on a discretionary basis.

What distinguishes Allodium from many peers is how it presents itself publicly and its governance credentials: the brochure discloses that the firm uses hypothetical performance, endorsements and testimonials, and advertises third‑party ratings — practices that are relatively uncommon among similar team advisers. The firm also highlights voluntary adherence to third-party standards and reviews, including subscription to the Institute for the Fiduciary Standard’s Real Fiduciary Practices and CEFEX certification, and it reports a substantial amount of assets under advisement in addition to its AUM and an offered retainer-style consulting option for more complex engagements.

Client services

Financial planning Portfolio management Selection of other advisers Educational seminars or workshops

Expertise

Concentrated stock management General retirement planning General tax planning Wealth management

Fee options

Fixed

Fixed fees for standalone financial planning and fiduciary consulting services generally range from $2,500 to $50,000

Percentage

$0 - $1,000,000: Greater than 1.00% (minimum quarterly fee of $2,500 applies) $1,000,000+: 0.05% to 1.00% annually depending on assets and services

Project-based

Hourly fees for standalone financial planning and fiduciary consulting generally range from $200 to $500 per hour

Other

Account minimum: $1,000,000 Minimum fee: Minimum quarterly fee of $2,500 for Wealth Management and Fiduciary Management Agreements Fee-only: Fees are fee-only; compensation only from clients, no commissions

Main office location

Allodium Investment Consultants, LLC

500 Washington Avenue South, Suite 4400

Minneapolis MN 55415-1151, United States

Number of offices

2

Most active in

Colorado · Minnesota · Missouri · Texas · Wisconsin

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

Derek V

CFP®

Parker, CO

Allodium Investment Consultants, LLC

Derek Van Calligan is a CFP® professional with seven years of industry experience. He has worked at Allodium Investment Consultants since 2019, following prior roles at Sharkey, Howes & Javer, Ellenbecker Investment Group, Inc., and Clifton Larson Allen Wealth Advisors. Allodium Investment Consultants serves individual and institutional clients, offering discretionary investment management, financial planning, and fiduciary consulting. The firm emphasizes broadly diversified, low-cost, tax-aware strategies primarily using passive funds and ETFs, with customized portfolios aligned to client goals and risk tolerance.

Concentrated stock management General retirement planning General tax planning Wealth management
user avatar

Kimberly H

CFP®, Series 63, Series 65

Minneapolis, MN

Allodium Investment Consultants, LLC

Kimberly Hamlin is a CFP® professional currently with Allodium Investment Consultants, LLC, bringing nine years of industry experience. Her prior roles include positions at Prowealth Financial, Cetera Investment Advisers LLC, Cetera Advisor Networks LLC, Voya Financial Advisors, Inc., JW Cole Financial, Inc., JW Cole Advisors Inc., and MWFBI. Allodium serves a diverse client base including individuals, trusts, foundations, endowments, and pension plans, offering discretionary investment management, financial planning, and fiduciary consulting. The firm emphasizes broadly diversified, low-cost, tax-aware investment strategies primarily using passive funds and ETFs, with customization based on client goals and risk tolerance.

Concentrated stock management General retirement planning General tax planning Wealth management
user avatar

Saul B

CFP®, Series 63, Series 65

Minneapolis, MN

Allodium Investment Consultants, LLC

Saul Baumann is a CFP® with 13 years of industry experience and currently serves as an advisor at Allodium Investment Consultants, LLC. He has worked at Allodium since 2021 and previously was with Securities America, Inc. and Laurel Wealth Planning, LLC. Allodium Investment Consultants serves a diverse client base including individuals, trusts, foundations, endowments, and pension plans. The firm employs a broadly diversified, low-cost, tax-aware investment approach primarily using passive funds and ETFs, with customized portfolios aligned to clients’ goals and risk tolerance.

Concentrated stock management General retirement planning General tax planning Wealth management
user avatar

Eric H

CFP®, CFA®, Series 66

Minneapolis, MN

Allodium Investment Consultants, LLC

Eric Hutchens is a CFP®, CFA®, and holds a Series 66 license with 18 years of industry experience. He has been with Allodium Investment Consultants, LLC since 2015 and works as part of a five-advisor team based in Minneapolis, MN. Allodium serves individual and institutional clients, offering discretionary investment management, financial planning, and fiduciary consulting. The firm emphasizes broadly diversified, low-cost, tax-aware strategies primarily implemented through passive funds and ETFs, with selective use of active management when advantageous.

Concentrated stock management General retirement planning General tax planning Wealth management
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