Description of Advisory Firm
Wealth Teams Alliance, Inc. is registered with the Securities and Exchange Commission as an Investment Adviser
as of January 3, 2022. We were founded in December of 2012. Guy Baker is the principal owner of Wealth Teams
Alliance, Inc. On January 15, 2021, the Registrant, previous known as Oak Grove, LLC, converted to a California
corporation. Wealth Teams Alliance then change its name to Wealth Teams Alliance, Inc. on January 15, 2022.
As of December 31, 2022, Timothy Latimer, Benjamin Langhofer, Shannon Jason Black and Michael Taylor also
maintain ownership shares of Wealth Teams Alliance, Inc.
Investment Supervisory Services
Wealth Teams Alliance provides discretionary (change/add to reflect and/or include non-discretionary)
investment advisory services on a fee basis as discussed at Item 5 below. Before engaging Wealth Teams
Alliance to provide investment advisory services, clients are generally required to enter into an Investment
Advisory Agreement with Wealth Teams Alliance setting forth the terms and conditions of the engagement
(including termination), describing the scope of the services to be provided, and the fee that is due from the
client. To commence the investment advisory process, Wealth Teams Alliance will ascertain each client’s
investment objective(s) and then allocate the client’s assets consistent with the client’s designated investment
objective(s). Once allocated, Wealth Teams Alliance provides ongoing supervision of the account(s).
For individual retail (i.e., non-institutional) clients, Wealth Teams Alliance’s annual investment advisory fee shall
generally (exceptions can occur-see below) include investment advisory services, and, to the extent specifically
requested by the client, financial planning and consulting services. In the event that the client requires
extraordinary planning and/or consultation services (to be determined in the sole discretion of Wealth Teams
Alliance), Wealth Teams Alliance may determine to charge for such additional services, the dollar amount of
which shall be set forth in a separate written notice to the client.
We are in the business of managing individually tailored investment portfolios on a discretionary basis. Our firm
provides continuous advice to a client regarding the investment of client funds based on the individual needs of
the client. Through personal discussions in which goals and objectives based on a client's particular
circumstances are established, we develop a client's personal investment policy or an investment plan with an
asset allocation target and create and manage a portfolio based on that policy and allocation target. We may
also employ other investment advisers (“sub-advisers”) to manage a portion, or all, of a client’s portfolio.
During our data-gathering process, we determine the client’s individual objectives, time horizons, risk tolerance,
and liquidity needs. We may also review and discuss a client’s prior investment history, as well as family
composition and background.
5 | P a g e
Account supervision is guided by the stated objectives of the client (i.e., maximum capital appreciation, growth,
income, or growth and income). Clients may impose reasonable restrictions on investing in certain securities,
types of securities, or industry sectors in the advisory contract.
This service has no minimum account size requirements and will be offered to all clients. Fees pertaining to this
service are outlined in Item 5 of this brochure.
Financial Planning
We provide financial planning services on topics such as retirement planning, risk management, college savings,
cash flow, debt management, work benefits, and estate and incapacity planning.
Financial planning is a comprehensive evaluation of a client’s current and future financial state by using
currently known variables to predict future cash flows, asset values and withdrawal plans. The key defining
aspect of financial planning is that through the financial planning process, all questions, information and analysis
will be considered as they impact and are impacted by the entire financial and life situation of the client. Clients
purchasing this service will receive a written or an electronic report, providing the client with a detailed financial
plan designed to achieve his or her stated financial goals and objectives.
In general, the financial plan will address any or all of the following areas of concern. The client and advisor will
work together to select the specific areas to cover. These areas may include, but are not limited to, the following:
• Business Planning: We provide consulting services for clients who currently operate their own business, are
considering starting a business, or are planning for an exit from their current business. Under this type of
engagement, we work with you to assess your current situation, identify your objectives, and develop a plan
aimed at achieving your goals.
• Cash Flow and Debt Management: We will conduct a review of your income and expenses to determine
your current surplus or deficit along with advice on prioritizing how any surplus should be used or how to
reduce expenses if they exceed your income. Advice may also be provided on which debts to pay off first
based on factors such as the interest rate of the debt and any income tax ramifications. We may also
recommend what we believe to be an appropriate cash reserve that should be considered for emergencies
and other financial goals, along with a review of accounts (such as money market funds) for such reserves,
plus strategies to save desired amounts.
• College Savings: Includes projecting the amount that will be needed to achieve college or other post-
secondary education funding goals, along with advice on ways for you to save the desired amount.
Recommendations as to savings strategies are included, and, if needed, we will review your financial picture
as it relates to eligibility for financial aid or the best way to contribute to grandchildren (if appropriate).
6 | P a g e
• Employee Benefits Optimization: We will provide review and analysis as to whether you, as an employee,
are taking the maximum advantage possible of your employee benefits. If you are a business owner, we will
consider and/or recommend the various benefit programs that can be structured to meet both business
and personal retirement goals.
• Estate Planning: This usually includes an analysis of your exposure to estate taxes and your current estate
plan, which may include whether you have a will, powers of attorney, trusts and other related documents.
Our advice also typically includes ways for you to minimize or avoid future estate taxes by implementing
appropriate estate planning strategies such as the use of applicable trusts.
We always recommend that you consult with a qualified attorney when you initiate, update, or complete
estate planning activities. We may provide you with contact information for attorneys who specialize in
estate planning when you wish to hire an attorney for such purposes. From time-to-time, we will participate
in meetings or phone calls between you and your attorney with your approval or request.
• Financial Goals: We will help clients identify financial goals and develop a plan to reach them. We will
identify what you plan to accomplish, what resources you will need to make it happen, how much time you
will need to reach the goal, and how much you should budget for your goal.
• Investment Analysis: This may involve developing an asset allocation strategy to meet clients’ financial
goals and risk tolerance, providing information on investment vehicles and strategies, reviewing employee
stock options, as well as assisting you in establishing your own investment account at a selected
broker/dealer or custodian. The strategies and types of investments we may recommend are further
discussed in Item 8 of this brochure.
• Retirement Planning: Our retirement planning services typically include projections of your likelihood of
achieving your financial goals, typically focusing on financial independence as the primary objective. For
situations where projections show less than the desired results, we may make recommendations,
including those that may impact the original projections by adjusting certain variables (i.e., working
longer, saving more, spending less, taking more risk with investments).
If you are near retirement or already retired, advice may be given on appropriate distribution strategies
to minimize the likelihood of running out of money or having to adversely alter spending during your
retirement years.
• Risk Management: A risk management review includes an analysis of your exposure to major risks that
could have a significant adverse impact on your financial picture, such as premature death, disability,
property and casualty losses, or the need for long-term care planning. Advice may be provided on ways to
minimize such risks and about weighing the costs of purchasing insurance versus the benefits of doing so
and, likewise, the potential cost of not purchasing insurance(“self-insuring”).
7 | P a g e
• Tax Planning Strategies: Advice may include ways to minimize current and future income taxes as a part of
your overall financial planning picture. For example, we may make recommendations on which type of
account(s) or specific investments should be owned based in part on their “tax efficiency,” with
consideration that there is always a possibility of future changes to federal, state or local tax laws and rates
that may impact your situation.
We recommend that you consult with a qualified tax professional before initiating any tax planning strategy,
and we may provide you with contact information for accountants or attorneys who specialize in this area if you
wish to hire someone for such purposes. We will participate in meetings or phone calls between you and your
tax professional with your approval.
Wrap Fee Program
Wealth Teams Alliance sponsors the Wealth Teams Alliance Wrap Program (the “Program”) through which it
offers discretionary investment management services on a wrap fee basis. The services offered under, and the
corresponding terms and conditions pertaining to, the Program are discussed in the Wrap Fee Program
Brochure, a copy of which is presented to all prospective Program participants. Under the Program, Wealth
Teams Alliance is able to offer participants discretionary or nondiscretionary investment management services,
for a single specified annual Program fee, inclusive of trade execution, custody, reporting, account maintenance,
investment management fees, and in some instances, fees charged by independent managers and/or separately
managed accounts. Clients continue pay certain custodial and administrative fees. The current annual Program
fee ranges from negotiable to 1.50%, depending upon the complexity of the account, the amount of the client
assets in the Program and the independent/separately managed accounts utilized by the client’s investment
portfolio. The terms and conditions for client participation in the Program are set forth in detail in the Wrap Fee
Program Brochure, which is presented to all prospective Program participants in accordance with disclosure
requirements. All prospective Program participants should read both the Brochure and the Wrap Fee Program
Brochure, and ask any corresponding questions that they may have, prior to participation in the Program. As
indicated in the Wrap Fee Program Brochure, participation in the Program may cost more or less than
purchasing such services separately. When managing a client’s account on a wrap fee basis, the Advisor shall
receive as payment for its asset management services, the balance of the wrap fee after all other non-excluded
costs (including account transaction fees) incorporated into the wrap fee have been deducted. As also indicated
in the Wrap Fee Program Brochure, the Program fee charged by the Advisor for participation in the Program
may be higher or lower than those charged by other sponsors of comparable wrap fee programs.
Wrap Program-Conflict of Interest. Under the Advisor’s wrap program, the client generally receives investment
advisory services, the execution of securities brokerage transactions, custody and reporting services for a single
specified fee. When managing a client’s account on a wrap fee basis, the Advisor shall receive as payment for
its investment advisory services, the balance of the wrap fee after all other costs incorporated into the wrap fee
have been deducted. Because wrap program transaction fees and/or commissions are being paid by the Advisor
8 | P a g e
to the account custodian/broker-dealer, the Advisor has an economic incentive to maximize its compensation
by seeking to minimize the number of trades in the client's account.
Limitations of Financial Planning and Non-Investment Consulting/Implementation Services. To the extent
requested by the client, Wealth Teams Alliance will generally provide financial planning and related consulting
services regarding matters such as tax and estate planning, insurance, etc. Wealth Teams Alliance will generally
provide such consulting services inclusive of its advisory fee set forth at Item 5 below (exceptions could occur
based upon assets under management, extraordinary matters, special projects, stand-alone planning
engagements, etc. for which Firm may charge a separate or additional fee). Please Note. Wealth Teams Alliance
believes that it is important for the client to address financial planning issues on an ongoing basis. Registrant’s
advisory fee, as set forth at Item 5 below, will remain the same regardless of whether or not the client
determines to address financial planning issues with Wealth Teams Alliance. Please Also Note: Wealth Teams
Alliance does not serve as an attorney, accountant, or insurance agent, and no portion of our services should
be construed as same. Accordingly, Wealth Teams Alliance does not prepare legal documents or tax returns,
nor does it offer or sell insurance products. To the extent requested by a client, we may recommend the services
of other professionals for non-investment implementation purpose (i.e., attorneys, accountants, insurance,
etc.) including Wealth Teams Alliance’s affiliates, Insurance Concept Services, Inc. and Baker Mountford
Insurance Services, Inc. in their separate capacities as a licensed insurance agencies ( the “Insurance Agencies”).
The Insurance Agencies offer insurance-related advice and products on a commission compensation basis.
Certain of Wealth Teams Alliance’s representatives also serve as licensed agents of the Insurance Agencies. The
commission compensation earned by the Insurance Agencies and their agents is separate from, and in addition
to, Wealth Teams Alliance’s investment advisory fee. Please Note-Conflict of Interest: The recommendation by
Wealth Teams Alliance that a client consider the purchase of an insurance product from the Insurance Agencies
presents a conflict of interest, as the potential receipt of an insurance commission compensation by the
Insurance Agencies and their agent(s) may provide an incentive for Wealth Teams Alliance to recommend
insurance products based on compensation to be received by its affiliated entity and representatives rather
than on a particular client’s needs. No client is under any obligation to purchase any insurance product from
Insurance. Clients can purchase insurance products through other, non-affiliated insurance agencies and agents.
The client is not under any obligation to engage any such professional(s). The client retains absolute discretion
over all such implementation decisions and is free to accept or reject any recommendation from Wealth Teams
Alliance and/or its representatives. If the client engages any professional (i.e., attorney, accountant, insurance
agent, etc.), recommended or otherwise, and a dispute arises thereafter relative to such engagement, the
engaged professional shall remain exclusively responsible for resolving any such dispute with the client. At all
times, the engaged licensed professional([s)] (i.e.,
attorney, accountant, insurance agent, etc.), and not
Registrant, shall be responsible for the quality and competency of the services provided
Miscellaneous
Cash Positions. Advisor continues to treat cash as an asset class. As such, unless determined to the contrary by
Advisor, all cash positions (money markets, etc.) shall continue to be included as part of assets under
management for purposes of calculating Advisor’s advisory fee. At any specific point in time, depending upon
9 | P a g e
perceived or anticipated market conditions/events (there being no guarantee that such anticipated market
conditions/events will occur), Advisor may maintain cash positions for defensive purposes. In addition, while
assets are maintained in cash, such amounts could miss market advances. Depending upon current yields, at
any point in time, Advisor’s advisory fee could exceed the interest paid by the client’s money market fund.
Portfolio Activity. Advisor has a fiduciary duty to provide services consistent with the client’s best interest. As
part of its investment advisory services, Advisor will review client portfolios on an ongoing basis to determine if
any changes are necessary based upon various factors, including, but not limited to, investment performance,
fund manager tenure, style drift, account additions/withdrawals, and/or a change in the client’s investment
objective. Based upon these factors, there may be extended periods of time when Advisor determines that
changes to a client’s portfolio are neither necessary nor prudent. Clients nonetheless remain subject to the fees
described in Item 5 below during periods of account inactivity. Of course, as indicated below, there can be no
assurance that investment decisions made by Wealth Teams Alliance will be profitable or equal any specific
performance level(s).
Retirement Rollovers-Conflict of Interest. A client or prospective client leaving an employer typically has four
options regarding an existing retirement plan (and may engage in a combination of these options): (i) leave the
money in the former employer’s plan, if permitted, (ii) roll over the assets to the new employer’s plan, if one is
available and rollovers are permitted, (iii) roll over to an Individual Retirement Account (“IRA”), or (iv) cash out
the account value (which could, depending upon the client’s age, result in adverse tax consequences). If Advisor
provides a recommendation as to whether a client should engage in a rollover or not, Advisor is acting as an
ERISA fiduciary by making such recommendation. Furthermore, if Advisor recommends that a client roll over
their retirement plan assets into an account to be managed by Advisor, such a recommendation creates a
conflict of interest if Advisor will earn new (or increase its current) compensation as a result of the rollover. If
Wealth Teams Alliance provides a recommendation as to whether a client should engage in a rollover or not
(whether it is from an employer’s plan or an existing IRA), Wealth Teams Alliance is acting as a fiduciary within
the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as
applicable, which are laws governing retirement accounts. No client is under any obligation to roll over
retirement plan assets to an account managed by Registrant, whether it is from an employer’s plan or an
existing IRA.
Use of Mutual Funds and Exchange Traded Funds: While the Advisor may recommend allocating investment
assets to mutual funds or exchange traded funds (“ETFs”) that are not available directly to the public, the Advisor
may also recommend that clients allocate investment assets to publicly available mutual funds and ETFs that
the client could obtain without engaging Advisor as an investment adviser. However, if a client or prospective
client determines to allocate investment assets to publicly available mutual funds or ETFs without engaging
Advisor as an investment adviser, the client or prospective client would not receive the benefit of Advisor’s
initial and ongoing investment advisory services.
Please Note – -Use of DFA Mutual Funds: Wealth Teams Alliance utilizes the mutual funds issued by Dimensional
10 | P a g e
Fund Advisors (“DFA”). DFA funds are generally only available through registered investment advisers approved
by DFA. Thus, if the client was to terminate Registrant’s services, and transition to another adviser who has not
been approved by DFA to utilize DFA funds, restrictions regarding additional purchases of, or reallocation among
other DFA funds, will generally apply
Sub-Advisory Engagements. Wealth Teams Alliance also serves as a sub-adviser to unaffiliated registered
investment advisers per the terms and conditions of a written Sub-Advisory Agreement. The unaffiliated
investment advisers that engage Registrant’s sub-advisory services shall maintain both the initial and ongoing day-
to-day relationship with the underlying client, including initial and ongoing determination of client suitability for
Registrant’s designated investment strategies. If the custodian/broker-dealer is determined by the unaffiliated
investment adviser, Wealth Teams Alliance will be unable to negotiate commissions and/or transaction costs,
and/or seek better execution. As a result, client may pay higher commissions or other transaction costs or greater
spreads, or receive less favorable net prices, on transactions for the account than would otherwise be the case
through alternative clearing arrangements recommended by Registrant. Higher transaction costs adversely impact
account performance.
Custodian Charges-Additional Fees. As discussed below at Items 5 and 12 below, when requested to
recommend a broker-dealer/custodian for client accounts, Advisor generally recommends that Charles Schwab
and Co., Inc. (“Schwab”) or Axos Clearing, LLC (“Axos”) serve as the broker-dealer/custodian for client
investment management assets. Broker-dealers such as Schwab charge brokerage commissions, transaction,
and/or other type fees for effecting certain types of securities transactions (i.e., including transaction fees for
certain mutual funds, and mark-ups and mark-downs charged for fixed income transactions, etc.). The types of
securities for which transaction fees, commissions, and/or other type fees (as well as the amount of those fees)
shall differ depending upon the broker-dealer/custodian (while certain custodians do not currently charge fees
on individual equity transactions [including ETFs], others do). These fees/charges are in addition to Advisor’s
investment advisory fee at Item 5 below. Advisor does not receive any portion of these fees/charges.
Exception: To the extent that the Advisor executes transactions in conjunction with a wrap program and use of
asset based pricing, transaction fees shall generally be included in the wrap advisory fee paid to the wrap
program sponsor
Cash Sweep Accounts. Account custodians generally require that cash proceeds from account transactions or
cash deposits be swept into and/or initially maintained in the custodian’s sweep account. The yield on the
sweep account is generally lower than those available in money market accounts. To help mitigate this issue,
Wealth Teams Alliance shall generally purchase a higher yielding money market fund available on the
custodian’s platform with cash proceeds or deposits, unless Wealth Teams Alliance reasonably anticipates that
it will utilize the cash proceeds during the subsequent 30-day period to purchase additional investments for the
client’s account. Exceptions and/or modifications can and will occur with respect to all or a portion of the cash
balances for various reasons, including, but not limited to, the amount of dispersion between the sweep account
and a money market fund, the size of the cash balance, an indication from the client of an imminent need for
11 | P a g e
such cash, or the client has a demonstrated history of writing checks from the account.
Please Note: The above does not apply to the cash component maintained within the Registrant’s actively
managed investment strategy (the cash balances for which shall generally remain in the custodian designated
cash sweep account), an indication from the client of a need for access to such cash, assets allocated to an
unaffiliated investment manager, and cash balances maintained for fee billing purposes. Please Also Note: The
client shall remain exclusively responsible for yield dispersion/cash balance decisions and corresponding
transactions for cash balances maintained in any of the Registrant’s unmanaged accounts.
Cybersecurity Risk. The information technology systems and networks that Wealth Teams Alliance and its third-
party service providers use to provide services to Registrant’s clients employ various controls, which are
designed to prevent cybersecurity incidents stemming from intentional or unintentional actions that could
cause significant interruptions in Registrant’s operations and result in the unauthorized acquisition or use of
clients’ confidential or non-public personal information. Clients and Wealth Teams Alliance are nonetheless
subject to the risk of cybersecurity incidents that could ultimately cause them to incur losses, including for
example: financial losses, cost and reputational damage to respond to regulatory obligations, other costs
associated with corrective measures, and loss from damage or interruption to systems. Although Wealth Teams
Alliance has established its procedures to reduce the risk of cybersecurity incidents, there is no guarantee that
these efforts will always be successful, especially considering that Wealth Teams Alliance does not directly
control the cybersecurity measures and policies employed by third-party service providers. Clients could incur
similar adverse consequences resulting from cybersecurity incidents that more directly affect issuers of
securities in which those clients invest, broker-dealers, qualified custodians, governmental and other regulatory
authorities, exchange and other financial market operators, or other financial institutions.
Trustee Directed Plans. Wealth Teams Alliance can be engaged to provide discretionary investment advisory
services to ERISA retirement plans, whereby the Firm shall manage Plan assets consistent with the investment
objective designated by the Plan trustees. In such engagements, Wealth Teams Alliance will serve as an
investment fiduciary as that term is defined under The Employee Retirement Income Security Act of 1974
(“ERISA”). Wealth Teams Alliance will generally provide services on an “assets under management” fee basis
per the terms and conditions of an Investment Advisory Agreement between the Plan and the Firm.
Participant Directed Retirement Plans. Wealth Teams Alliance can also provide investment advisory and
consulting services to participant directed retirement plans per the terms and conditions of a Retirement Plan
Services Agreement between Wealth Teams Alliance and the plan. For such engagements, Wealth Teams
Alliance shall assist the Plan sponsor with the selection of an investment platform from which Plan participants
shall make their respective investment choices (which may include investment strategies devised and managed
by Registrant), and, to the extent engaged to do so, may also provide corresponding education to assist the
participants with their decision-making process.
12 | P a g e
Trust-Deed Investments/Ignite Funding. Wealth Teams Alliance provides advice and guidance with respect to
Trust Deed real estate investments backed by collateral land investments . The investing client becomes a
lender to real estate investment projects The real estate investment lending opportunities are made available
by Ignite Funding. Ignite Funding is a non-depository credit union and licensed mortgage broker. Ignite Funding
makes available collateralized turn-key real estate investments for its clients. To facilitate investment, Ignite
Funding uses a strict underwriting process for real estate loan opportunities presented to clients, including
property location, market conditions, various valuation methodologies, Borrower track record and financial
condition, and exit strategy. Trust Deeds carry certain risks. Trust deed investments are not insured by the FDIC
or any other government agency. Moreover, investors have no guarantee that the investment will yield a
positive return. Trust Deeds may also experience a market loss upon resale and general housing market risks.
Credit Risks may also be presented where the borrower may be unable to make all payments. Wealth Teams
Alliance is compensated in relation to the advice that it provides regarding the Trust Deed purchase and lending
opportunity.
Asset-Based Pricing Arrangements and Limitations. When recommending Axos, Wealth Teams Alliance
generally recommends that clients enter into an “Asset-Based” pricing agreement with the account broker-
dealer/custodian. Under an asset-based pricing arrangement, the amount that a client will pay the custodian
for account commission/transaction fees is based upon a percentage (%) of the market value of the account,
generally expressed in basis points and/or a percentage. One basis point is equal to one one-hundredth of one
percent (1/100th of 1%, or 0.01% (0.0001). This differs from transaction-based pricing, which assesses a
separate commission/transaction fee against the account for each account transaction. Account investment
decisions are driven by security selection and anticipated market conditions and not the amount of transaction
fees payable by you to the account custodian. Under either the asset-based or transaction-based pricing
scenario, the fees charged by the respective broker-dealer/custodian are separate from, and in addition to, the
advisory fee payable by the client to Wealth Teams Alliance per Item 5 below. Wealth Teams Alliance does not
receive any portion of the asset-based transaction fees payable by you to the account custodian. You are under
no obligation to enter into an asset-based arrangement, and, if you do, you can request at any time to switch
from asset-based pricing to transactions based pricing, However, there can be no assurance that the volume of
transactions will be consistent from year-to-year given changes in market events and security selection. Thus,
given the variances in trading volume, any decision by the client to switch to transaction-based pricing could
prove to be economically disadvantageous.
Client Obligations. In performing its services, Advisor shall not be required to verify any information received
from the client or from the client’s other professionals, and is expressly authorized to rely thereon. Moreover,
each client is advised that it remains their responsibility to promptly notify the Advisor if there is ever any change
in their financial situation or investment objectives for the purpose of reviewing, evaluating or revising Advisor’s
previous recommendations and/or services.
Please Note: Investment Risk. Different types of investments involve varying degrees of risk, and it should not
be assumed that future performance of any specific investment or investment strategy (including the
13 | P a g e
investments and/or investment strategies recommended or undertaken by Registrant) will be profitable or
equal any specific performance level(s).
Disclosure Statement. A copy of the Advisor’s written Brochure as set forth on Part 2 of Form ADV and Client
Relationship Summary as set forth in Form CRS shall be provided to each client prior to, or contemporaneously
with, the execution of the Investment Advisory Agreement or Financial Planning and Consulting Agreement.
10 CCR Section 260.235.2 Disclosure
We must state when a conflict exists between the interests of the investment advisor and the interests of the
client. The client is under no obligation to act upon the investment advisor’s recommendation. If the client elects
to act on any of the recommendations, the client is under no obligation to affect the transaction through the
investment advisor.
As of December 31, 2023, Wealth Teams Alliance had $199,313,862 in assets under management on a
discretionary basis.