If you are going to manage my account, will you obtain my permission every time you buy or sell something?

We will be managing your account, we will exercise discretion, meaning we will not bug you every time we make a trade.

Will you be the only person working with me?

I will be the person that will be directly working with you, we have contracted a huge team as our back office and we use Charles Schwab as our custodian.

Do you offer any guaranteed results?

We do offer services with set returns, however, those gains may be slightly better than a bank account.

How much risk should I be willing to take?

That answer is completely dependent on the client. Everyone has their own risk appetite and we want to make sure you can sleep at night. When we first speak, we will get to know you better and let you know what we think, but ultimately, you hired us, you tell us what you are comfortable with.

What services do you provide? What are your specialties?

Real estate, investments, risk management, estate planning, retirement planning and financial health management. We also offer insurance services for those in need.

What is your experience? How many clients do you currently manage?

I have been investing since1994. I manage 124 clients.

What financial institution(s) do you represent?

We custody with Charles Schwab, SEI, LPL Financial.

What is your approach to financial planning?

We spend a fair amount of time getting to know the client before we make any recommendations. When we present a plan, we want to make sure it encompasses the entire "slice" of the financial pie, including real estate, investments, risk management, estate planning, retirement planning and financial health management.

What services do you offer?

Real estate, investments, risk management, estate planning, retirement planning and financial health management.

What is your approach to 401 K plan rollovers?

We have very strict, specific protocols on how we make the move to ensure you will not experience a taxable event. Furthermore, we can also discuss ideas for Roth Conversions.

What financial institutions do you represent?

We custody with Charles Schwab, SEI, LPL Financial.

How many years of experience do you have?

8 years running my own practice. I have years as an independent insurance agent before that. I have worked in a variety of capacities before that in the financial industry since 1994.

What are your fees for this service?

There is no charge to roll over a 401(k) with us. If we manage the assets, it's is around 1% (per year) depending on the strategy.

Why should I roll over my 401K plan to your firm?

We are very experienced in rolling over 401(k)s and we have been doing so for close to a decade.

VETTED

Alec P. Tuckman

Q: Do you have a customer satisfaction or refund policy?

Yes, we have a strong customer satisfaction policy. We do not do long term contracts. If you are not happy, you have a 30 day out at any time.

Q: Why should I choose you as my financial advisor?

What really sets us apart is the ability to educate our clients as well as invest. I was raised by two college professors, so education and keeping our clients in the know is extremely important. Education is baked into our process. I suspect you may be a more informed investors by being with us.

Q: What are your qualifications? What is your education background?

My first job in the industry was in 1994 working at Goldman Sachs in the Asset Management Department. My background is in finance, I come from a family of financial professionals and I practice what I preach.

Q: How do you charge for your services?

We do either: 1.) Assets Under Management (~1% depending on the strategy, we have a fee schedule; the more money you bring, the more we discount) 2.) Hourly consulting at $250/hour for simple questions 3.) Flat Financial Planning at $3000/plan (30-50 page booklet with Monte Carlo Simulations)

Q: How are you compensated? How will I pay for your services?

We do either: 1.) Assets Under Management (~1% depending on the strategy, we have a fee schedule, the more money you bring, the more we discount) 2.) Hourly consulting at $250/hour for simple questions 3.) Flat Financial Planning at $3000/plan (30-50 page booklet with Monte Carlo Simulations)

AIF^®, ChFC^®, CRC^®

Wealth Management Partners of Los Angeles, Inc.

Tel: 310-963-2532 15760 Ventura Boulevard Suite 700 Encino, CA 91436

The client comes first, last and always.

About Alec P. Tuckman

Alec P. Tuckman, financial podcaster, blogger, public speaker, author and wealth manager, is the founder and CEO of Wealth Management Partners of Los Angeles, Inc., a firm specializing in the needs of the Southern Californian. As a graduate of The University of Wisconsin-Madison and The American College of Financial Services, he began his career in 1994 at Goldman Sachs in the Asset Management Department in New York City. He is the host of "The Financial Fundamentals Show" podcast combining humor and financial education. Alec co-authored the book, "Retire Like A Shark," with Kevin Harrington from the national televised show, "Shark Tank." Alec specializes in hedging and buffered investment strategies to help clients mitigate market risk while pursuing long-term growth.

About Wealth Management Partners of Los Angeles, Inc.

Wealth Management Partners of Los Angeles, Inc. is a boutique firm catering to the needs of those living in Southern California. We focus on the following four strategies: 1. Ideas to potentially get more stock market gains than investing in a typical index fund. 2. Risk mitigation strategies to avoid a devastating loss to your portfolio like we saw in 2008 (when the stock market went down 55%). 3. Tax planning ideas, including strategies if you do not qualify for a Roth IRA. 4. Creating income streams for retirees that last as long as you do. We offer services that range from stocks and bonds to alternatives to risk mitigations techniques that can limit your downside risk in the stock market. We offer several hedging and buffered investment strategies where, depending on your goals, you may potentially be able to avoid the pain of a you may potentially be able to avoid the pain of a major loss in financial assets if the Stock Market were to go down around half like it did in 2002 with the Dot Com bubble and the 2008 Sub-prime meltdown. Want liquidity with those investments? Not a problem. We offer a host of different investment tools to help you attain your goals.

See Disclosures

Our Team

Alec Tuckman

AIF^®, ChFC^®, CRC^®

Alec Tuckman

AIF^®, ChFC^®, CRC^®

Alec P. Tuckman, AIF^®, ChFC^®, CRC^®, is a fiduciary financial advisor and Certified Retirement Counselor with more than 27 years of investment experience. He began his career in the financial services industry in 1994 and is licensed in securities, insurance, and real estate.

Alec's foundation in finance began early, shaped by a family deeply rooted in economic and financial disciplines. This lifelong exposure has informed his practical, disciplined approach to helping clients grow and preserve wealth.

As a fiduciary, Alec is committed to putting clients' interests first. He emphasizes education, transparency, and clear communication, ensuring clients understand not just what they are investing in, but why. His practice serves individuals and families from a wide range of backgrounds, with a focus on long-term financial clarity and confidence.

WMPLA offers services from two office locations in Torrance and Encino.

Bernie Tordilla

Meet Bernie Tordilla. She is our Client Service Specialist. In this key position, she processes the non-trading-related service surrounding our new and prospective clients' investment accounts. She follows through and ensures all service items are completed, and she provides prompt and courteous support to existing clients and prospective clients. Additionally, she handles the maintenance of various information systems including ongoing project-based work.

Ashley Stewart

Ashley is our firm Marketing Associate. She is focused on crafting integrated strategies for the firm's financial advisors. She executes marketing plans and initiatives across business channels, utilizing all marketing tools to enhance market presence and voice. She collaborates closely with the advisors to develop and implement marketing strategies for the business line. She leads client events (both in-person and digital) from planning to follow-up programs. She is especially strong in fostering strong relationships with channels, partner firm compliance teams, and shared services within the marketing organization.

General Information

Firm Start Year:

2019

No. of Employees:

2-4 Employees

Insurance License#:

0I98164

Name of Broker/Dealer:

Charles Schwab

Name of Custodial Firm:

Charles Schwab

States Licensed in:

CA, VA, PA

Communities served:

While we have clients scattered across the country, most of our clients are from the San Fernando Valley to Downtown Los Angeles over to Long Beach in the greater Los Angeles, California metro area.

Number of Years with Current Firm:

Work with the following types of clients:

Non-Profit Organizations, Individual Investors, Businesses, Investment Clubs

Foreign Languages Serviced:

English, Tagalog

Advisory Services Provided:

Financial Advice & Consulting, Investment Advice & Management, Estate Planning & Trusts, Insurance Products & Annuities, Financial Planning, Portfolio Management, Retirement Planning, 401K Rollovers, Wealth Management, Money Management, Risk Management, Financial Planning for Individuals, Tax Advice and Services, Financial Planning for Businesses

Qualifications & Memberships

Insurance and Annuity Licenses:

Life, Health, Annuity

Services

Investment Types:

Bonds, Options & Futures, Mutual Funds, Stocks, Annuities, Insurance, Commodities, Mortgages & Real Estate, Exchange Traded Funds (ETFs), Alternative Investments, Socially Responsible Investments (SRI)

I provide a free initial consultation:

Yes

Preferred meeting methods

Can meet clients in the following ways:

Our Office, Phone, Email, Our Offices, Video Conference

Compensation and Fees

Fee Structure:

Fee-Based

Minimum Portfolio Size for New Managed Accounts:

$100,000

Compensation Methods:

Based on Assets, Hourly, Flat Fee

Fee % Based on Assets:

Hourly Rate:

$250.00

Additional Details on Charges:

Our cost for a one time Financial Planning Only Client is a flat $3,000/plan. Financial Plans consist of a booklet of approximately 30-50 pages of chart and graph projections, including Monte Carlo simulations. We strongly recommend yearly updates since your plan is not static, just like your life is always changing.

Minimum Fee Charged for Hourly Planning Accounts:

$250.00/hour

Firm Information

Firm's Number of Clients:

124

Firm's Number of Planning Clients:

Firm's Number of Managed Clients:

112

Assets Managed by Firm:

$19,389,311

Advisor's Number of Clients:

124

Advisor's Number of Managed Clients:

112

Advisor's Number of Planning Clients:

Total Assets Under Management by Advisor:

$19,389,311

Education

Bachelor of the Arts - Liberal Arts:

University of Wisconsin, Madison - Madison, Wisconsin

08/01/1990 - 12/31/1993

Chartered Financial Consultant - Finance:

The American College of Financial Services - King of Prussia, PA

07/01/2020 - 7/31/2021

Financial Planning for Businesses

Business owners often face unique financial planning challenges that require coordination between personal and business objectives. We work with business owners to help evaluate retirement plans, succession strategies, cash flow management, risk considerations, employee benefit options, and long-term financial planning opportunities. Our services may include retirement plan analysis, SEP and SIMPLE IRA planning, key-person insurance evaluations, investment guidance, and coordination with tax and legal professionals when appropriate. We understand that business owners frequently have significant personal wealth tied to their business, making diversification and long-term planning especially important. We strive to help business owners create financial strategies designed to support both the growth of their business and their personal financial future. Whether planning for retirement, succession, expansion, or long-term wealth accumulation, we aim to provide practical guidance tailored to the specific needs of each client.

Financial Planning for Individuals

Personal financial planning involves coordinating many aspects of your financial life into a comprehensive strategy designed to support your long-term goals. We help individuals evaluate retirement planning, investment management, cash flow, insurance needs, tax considerations, estate planning coordination, and risk management strategies. Our planning process begins with understanding your current financial position, future objectives, and personal priorities. We then work collaboratively to develop customized recommendations designed to help improve financial organization and long-term preparedness. We work with professionals, retirees, families, and individuals navigating important financial transitions such as retirement, inheritance, career changes, divorce, or major life events. Our goal is to help simplify complex financial decisions while providing ongoing guidance and accountability. Effective financial planning is not a one-time event. It is an ongoing process that should adapt as markets, laws, and personal circumstances evolve over time.

Financial Advice & Consulting

Financial decisions can become increasingly complex as markets, tax laws, retirement rules, and economic conditions continue to evolve. We provide personalized financial advice and consulting services designed to help clients make informed decisions with greater clarity and confidence. Our consulting process may include retirement planning discussions, investment reviews, risk assessments, income planning, financial organization, tax-aware strategies, insurance evaluations, and second-opinion analysis. We work with individuals, families, retirees, and business owners seeking thoughtful guidance tailored to their unique financial circumstances. We believe financial advice should be objective, educational, and aligned with the client's long-term interests. Rather than offering generic recommendations, we focus on understanding each client's goals, concerns, and priorities before developing customized strategies. Whether you are preparing for retirement, evaluating investment options, navigating a major life transition, or simply seeking greater financial direction, we strive to provide practical guidance designed to support informed financial decision-making.

Portfolio Management

Our portfolio management process is designed to align your investments with your long-term goals, risk tolerance, income needs, and time horizon. We believe successful investing requires discipline, diversification, and ongoing monitoring rather than emotional reactions to short-term market volatility. Portfolios are tailored to each client and may include a combination of stocks, bonds, ETFs, mutual funds, annuities, and alternative strategies when appropriate. We work with individuals, retirees, professionals, and business owners seeking customized guidance rather than one-size-fits-all investment models. Our process includes portfolio reviews, risk analysis, asset allocation evaluation, retirement income considerations, and tax-aware investment positioning. We also help clients evaluate concentration risk, market exposure, and how changing economic conditions may impact their overall financial strategy. As fiduciary-minded advisors, we strive to place client interests first and provide transparent guidance focused on long-term financial success. Whether you are preparing for retirement, managing inherited assets, navigating a major life transition, or simply seeking a second opinion, we aim to provide thoughtful portfolio management designed to help you stay on track toward your financial objectives.

Retirement Planning

Retirement planning involves much more than simply accumulating assets. It requires a coordinated strategy designed to help create sustainable income, manage taxes, address healthcare considerations, and navigate market volatility throughout retirement. We help clients build personalized retirement plans based on their lifestyle goals, anticipated expenses, income sources, and desired retirement timeline. Our retirement planning process may include Social Security analysis, pension coordination, retirement income planning, investment allocation reviews, tax-efficient withdrawal strategies, and risk management considerations. We work with individuals at various stages of retirement preparation, including professionals approaching retirement, retirees seeking income strategies, and clients evaluating whether they are financially prepared to retire comfortably. We understand that every client's retirement goals are unique. Some clients prioritize income stability and preservation, while others seek continued growth and flexibility. Our role is to help clients evaluate their options and make informed decisions designed to support both their short-term needs and long-term financial independence. We believe retirement planning should be proactive, personalized, and regularly reviewed as markets, tax laws, and life circumstances evolve over time.

401K Rollovers

Changing jobs, retiring, or leaving an employer often creates important decisions regarding your retirement accounts. We help clients evaluate their 401(k) rollover options and understand the potential advantages and considerations involved in transferring retirement assets to an IRA or another qualified account. Our process includes reviewing investment choices, fees, retirement income goals, tax considerations, and long-term planning objectives before recommending a rollover strategy. We help clients avoid common mistakes such as unnecessary taxes, penalties, poor asset allocation, or loss of retirement planning coordination. A properly structured rollover may provide greater investment flexibility, consolidated account management, broader planning opportunities, and more personalized retirement income strategies. We also help clients understand when maintaining an employer-sponsored plan may still be appropriate depending on their specific circumstances. Whether you are retiring, changing careers, or simply seeking more personalized retirement guidance, we work to help simplify the rollover process while keeping your long-term financial goals at the forefront of the decision-making process.

Insurance Planning

Insurance planning plays an important role in protecting individuals, families, businesses, and long-term financial goals from unexpected risks. We help clients evaluate existing insurance coverage and identify potential gaps that may impact their financial security. Our planning process may include life insurance analysis, disability income protection, long-term care considerations, liability exposure review, and retirement-related insurance strategies. We work with clients to help determine whether current coverage aligns with their needs, family situation, and overall financial objectives. Insurance should be viewed as part of a broader financial plan rather than as a standalone product decision. Appropriate coverage can help protect income, preserve assets, support family members, and reduce financial uncertainty during difficult circumstances. We believe insurance planning should be tailored, practical, and periodically reviewed as personal and financial situations evolve over time.

Annuities

Annuities may play a role in retirement income planning for certain individuals seeking principal protection, guaranteed income, or tax-deferred growth opportunities. We help clients evaluate whether annuities are appropriate based on their retirement goals, income needs, risk tolerance, liquidity considerations, and overall financial strategy. There are many types of annuities available, including fixed, indexed, and variable annuities, each with different features, risks, costs, and benefits. Our role is to help clients understand these differences and determine whether a particular annuity aligns with their long-term objectives. For some retirees, annuities may provide predictable income and help address longevity concerns. For others, flexibility and liquidity may be more important. We believe annuity decisions should be made carefully and within the context of a broader retirement income plan rather than based solely on product features or marketing materials. Our approach emphasizes education, transparency, and suitability when evaluating annuity strategies.

Estate Planning & Trusts

Estate planning involves more than simply distributing assets. It is about helping ensure your wishes are carried out, protecting loved ones, preparing for incapacity, and coordinating your financial affairs efficiently. We help clients evaluate estate planning considerations including trusts, beneficiary designations, powers of attorney, legacy planning, charitable intentions, and asset transfer strategies. While we do not draft legal documents, we frequently coordinate with estate planning attorneys and other professionals to help ensure financial plans align with legal and family objectives. Proper estate planning can help reduce confusion, improve organization, and support smoother transitions for future generations. It may also help address issues related to taxes, probate, business succession, and family financial continuity. Our goal is to help clients approach estate planning proactively and thoughtfully rather than reactively after unexpected life events occur.

Tax Advice and Services

In "Tax-ifornia," Tax planning is an important component of a comprehensive financial strategy. While investment performance matters, after-tax outcomes can significantly impact long-term financial success. We help clients evaluate tax-efficient strategies designed to improve overall financial coordination and planning. Our services may include retirement withdrawal planning, tax-aware investment positioning, Roth conversion analysis, charitable giving strategies, capital gains considerations, and coordination with CPAs or tax professionals when appropriate. We work to help clients identify opportunities to improve tax efficiency while remaining aligned with their broader financial goals. Because tax laws and regulations can change frequently, ongoing review and planning are essential. We believe proactive tax planning can help clients retain more of their wealth and avoid unnecessary financial surprises. We encourage clients to view taxes not as an isolated issue, but as an integrated part of their overall financial and retirement planning strategy.

Education Funding and Planning

Planning for education expenses has become increasingly important as tuition and related costs continue to rise. We help families evaluate strategies designed to prepare for future education expenses while balancing other important financial priorities such as retirement savings and long-term wealth planning. Our education planning services may include 529 plan analysis, savings strategies, tax considerations, investment allocation guidance, and coordination with broader family financial goals. We work with parents, grandparents, and families seeking to create structured plans for future education funding. Every family's circumstances are different, and there is no universal approach to education planning. Some families prioritize maximizing savings, while others focus on flexibility and balancing multiple financial objectives simultaneously. Our role is to help clients understand their options and develop practical strategies aligned with their goals and resources. We believe education planning works best when started early, reviewed regularly, and integrated into a broader long-term financial plan.

Investment Advice & Management

Investment management should be guided by long-term strategy rather than short-term emotion. We provide personalized investment advice designed to help clients pursue their financial goals while managing risk appropriately based on their individual circumstances. Our investment process includes portfolio analysis, asset allocation review, diversification strategies, retirement income considerations, and ongoing monitoring of changing market conditions. We work with clients to help align investments with their goals, time horizon, liquidity needs, and comfort with market volatility. We believe successful investing requires discipline, patience, and a structured approach. Rather than attempting to predict short-term market movements, we focus on building diversified portfolios designed to adapt to changing economic environments over time. Whether you are preparing for retirement, managing inherited assets, seeking portfolio guidance, or evaluating long-term investment strategies, our objective is to provide personalized advice designed to support informed and confident financial decision-making.

Wealth Management

Our wealth management services are designed to help clients coordinate multiple areas of their financial lives into a comprehensive long-term strategy. Rather than focusing solely on investments, we take a broader approach that may include retirement planning, tax-efficient investing, estate considerations, risk management, insurance analysis, income planning, and legacy objectives. We work with individuals, families, retirees, and professionals seeking personalized guidance tailored to their unique goals and financial circumstances. Our process emphasizes education, communication, and strategic planning designed to help clients make informed financial decisions through changing market environments and life transitions. Effective wealth management requires ongoing monitoring and adjustment as economic conditions, tax laws, personal goals, and family needs evolve over time. We strive to build long-term relationships based on trust, transparency, and thoughtful financial guidance. Whether your focus is preserving wealth, generating retirement income, preparing for future generations, or navigating complex financial decisions, our goal is to help provide clarity and structure to your overall financial picture.

Risk Management

Risk management is a critical component of a comprehensive financial strategy. Every investment and financial decision involves some level of risk, and understanding how those risks align with your goals, time horizon, and financial situation is essential. We help clients evaluate various forms of financial risk, including market volatility, inflation, longevity risk, healthcare costs, loss of income, concentration risk, and unexpected life events. Our process includes reviewing portfolio allocation, insurance coverage, retirement income strategies, and asset protection considerations to help clients better prepare for uncertainty. Rather than attempting to eliminate risk entirely, our objective is to help clients manage risk intelligently while pursuing their financial goals. This may involve diversification strategies, conservative income planning, insurance analysis, or adjusting investment exposure based on changing circumstances and market conditions. We believe proactive risk management can help improve long-term financial stability and reduce the likelihood of emotionally driven decisions during periods of uncertainty.

Money Management

Successful money management involves more than investment performance alone. It requires disciplined planning, risk awareness, budgeting considerations, cash flow analysis, and long-term financial organization. We help clients create strategies designed to align spending, saving, investing, and retirement objectives with their overall financial goals. Our approach includes evaluating current assets, liabilities, income sources, future expenses, and investment positioning to help clients improve financial efficiency and decision-making. We work with clients at various stages of life, including professionals accumulating wealth, families planning for future expenses, and retirees focused on sustainable income management. We also help clients navigate changing economic environments, market volatility, inflation concerns, and major life events that may impact their financial stability. Through ongoing reviews and personalized guidance, we strive to help clients remain financially organized and focused on their long-term objectives. Effective money management is not about chasing trends or making emotional financial decisions. It is about building a disciplined and adaptable strategy designed to support both current needs and future goals.

Do you have a customer satisfaction or refund policy?

Why should I choose you as my financial advisor?

What are your qualifications? What is your education background?

How do you charge for your services?

How are you compensated? How will I pay for your services?

Disclosures

WiserAdvisor provides referrals to financial professionals. WiserAdvisor is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest.

Additional Detailed Disclosures

https://www.wiseradvisor.com/disclosure/1889525/wiseradvisor-wealth-management-partners-of-los-angeles,-inc.-detailed-disclosure.html

Disclaimer

Third-Party Referral Disclosure. We may receive prospective client inquiries from third-party lead generation services, including WiserAdvisor. These services match individuals seeking financial guidance with advisors based on information provided by the user. We do not control the content, accuracy, or completeness of information submitted by prospective clients through these platforms. Any information received is subject to verification and further discussion before any advisory relationship is established. Our firm is an independent financial advisor and is not affiliated with or endorsed by WiserAdvisor. Any advisory relationship is established solely between our firm and the client, and not with any third-party referral service. No investment advice is provided until a formal advisory agreement has been executed. Referral and Compensation Disclosure. We may pay a fee to third-party referral services, including WiserAdvisor, for introducing prospective clients to our firm. Any such fees are paid by our firm and do not result in additional charges to the client. All advisory services are provided in accordance with applicable laws and regulations. Prospective clients are encouraged to review our Form ADV for additional information regarding our services, fees, and conflicts of interest. No Advisory Relationship. Submission of information through this form or any third-party platform does not establish an advisor-client relationship. An advisory relationship is only formed after all required documentation is completed and a formal agreement is signed.

10 Years of Experience

CRD# 6770924 Firm CRD# 306780Insurance License# 0I98164Series: 65

Compliance

Registered Investment AdvisorYes

Registered RepresentativeYes

Investment Advisor RepresentativeYes

Acknowledged fiduciaryYes

Compliance Disclosures in Last 5 yearsI have a clean record

Criminal Disclosures in Last 5 yearsI have a clean record

Office Hours

Monday8:00 AM - 8:00 PM

Tuesday8:00 AM - 8:00 PM