Allodium Investment Consultants
Senior Investment Consultant & Chief Investment Officer
Fee-Only Financial Advisor serving Minneapolis, MN area.
Eric Hutchens is a Minneapolis, MN fee-only financial advisor. Allodium Investment Consultants provides comprehensive wealth management, financial planning, and investment consulting to help high net-worth individuals and institutions organize, grow and protect their assets through life’s transitions. As a fee-only, fiduciary, and independent financial advisor, Eric Hutchens is not paid commissions, and has a legal obligation to provide unbiased and trustworthy financial advice. Learn more at www.allodium.com.
Eric Hutchens is a senior investment consultant and chief investment officer at Allodium Investment Consultants, specializing in investment strategies and comprehensive financial planning for high net worth individuals and families. Eric became a shareholder in the firm in 2017 and also currently serves as the secretary and treasurer of the firm’s Board of Managers. Eric is a manager at the firm and oversees both the client service team and the investment consultants. He also leads the CEFEX certification process for Allodium, which incorporates an evidence-based investment approach. With over 20 years of experience in the financial profession, he focuses on designing and implementing goals-based, tax-efficient investment strategies to help clients achieve their unique goals. Eric chairs Allodium’s Investment Committee and serves on the Executive and Financial Planning Committees.
Eric earned a Master of Business Administration from the University of St. Thomas and a Bachelor of Science in history from the University of Wisconsin—Madison. He has earned the Certified Financial Planner (CFP®) sponsored by the Certified Financial Planner Board of Standards. He has also been awarded the Accredited Investment Fiduciary® (AIF®) Designation, sponsored by the Center for Fiduciary Studies, to further his professional development and help him better serve clients. In addition, Eric has passed the CFA (Chartered Financial Analyst) Level I Exam administered by the CFA Institute. He is also a member of the CFA Institute and the CFA Society of Minnesota.
Eric is a NAPFA-Registered Financial Advisor through the National Association of Personal Financial Advisors (NAPFA), a professional association of fee-only advisors with high standards of professional competency and client-centric financial planning.
Prior to joining Allodium, Eric spent 15 years with an asset management firm in the Twin Cities, a decade of which he served as a financial planner. Eric has also been honored several times with the FIVE STAR Wealth Manager recognition as published in Mpls.St.Paul Magazine.
Eric lives in the southern suburbs with his wife, two sons and German shepherd. He enjoys spending his free time with family, attending concerts with his wife, and relaxing by the pool. Eric also volunteers at his church, where he has served on the elder board and has worked on building projects in Honduras.
Learn more about Eric at www.allodium.com/about/meet-the-team.
Eric Hutchens is a Member of the National Association of Personal Financial Advisors
The National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors - highly trained professionals who are committed to working in the best interests of those they serve.
NAPFA members live by three important values:
- To be the beacon for independent, objective financial advice for individuals and families.
- To be the champion of financial services delivered in the public interest.
- To be the standard bearer for the emerging profession of financial planning.
Allodium Investment Consultants is a fee-only investment management consulting firm that provides investment management services to a limited number of individual and institutional investors. The firm is a member of the National Association of Personal Financial Advisors (NAPFA) and provides fee-only financial advice that supports the fiduciary standard of care. Allodium was the first Minneapolis-based investment advisor to be certified by CEFEX to follow the fiduciary best practices in the Prudent Practices for Investment Advisors. The firm was established as an independent Registered Investment Advisor in 2005. Investment advisory services include Wealth Management, Fiduciary Management, Investment Management Consulting, Financial Planning and Fiduciary Consulting. Wealth Management services are best suited for portfolios greater than $1 million. Learn more at www.allodium.com.
Fee-Only, Fiduciary, Independent: Three Important Criteria to Consider When Choosing a Financial Advisor.
- Investment Management
- Wealth Management
- Financial Planning
- Fiduciary Consulting
- Fiduciary Management
- Business Owners
- Fee-Only Advice
- Fiduciary Standard
- Complimentary Initial Consultation
- In-Office Meetings
- No Product Sales
Professional Designations & Affiliations
Eric Hutchens is a NAPFA-Registered Financial Advisor
The National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors—highly trained professionals who are committed to working in the best interests of those they serve.
Eric Hutchens is a CERTIFIED FINANCIAL PLANNER™ Professional - Click for Verification
CFP® professionals are held to strict ethical standards to ensure financial planning recommendations are in your best interest. What’s more, a CFP® professional must acquire several years of experience related to delivering financial planning services to clients and pass the comprehensive CFP® Certification Exam before they can use the CFP® designation.
Eric Hutchens is an Accredited Investment Fiduciary® (AIF)
Accredited Investment Fiduciary® (AIF®) training empowers investment professionals with the fiduciary knowledge and tools they need to serve their clients’ best interests. Advisors who have earned the Accredited Investment Fiduciary designation have gone through training, met the qualifications, and passed the exam allowing use of the AIF designation and they are immediately able to demonstrate the added value that they can bring to both existing and prospective clients.
Allodium Investment Consultants has earned the Centre for Fiduciary Excellence (CEFEX) Investment Advisor certification.
The independent CEFEX Investment Advisor certification demonstrates adherence to a best-practice standard.
CEFEX advisory firms adhere to the Global Fiduciary Standard of Excellence. This means they act in the best interest of investors. This is in contrast with a firm that lacks a fiduciary process. The fiduciary standard offers a consistency of interpretation and implementation, which facilitates the transfer of knowledge between the advisor, clients, vendors and regulators.
The objective is simple: to protect investors.
Contact Eric Hutchens
500 Washington Ave South
Minneapolis, MN 55415