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Shareholder voting support

Is Alliance Advisors a Scam?

No. Alliance Advisors, LLC (“AA”, “Alliance”, “Alliance Advisors”, “The Firm”) is a legitimate shareholder advisory and proxy solicitation firm that public companies, mutual funds, money market funds and ETF companies use to help contact shareholders and encourage them to vote on official company matters.

Shareholders may receive phone calls, texts, emails, mailed reminders, QR codes, or voicemail messages when a company is trying to increase participation before a shareholder meeting.

1000+
public companies served worldwid
900
shareholder meetings completed for companies that trade in the stock market or are mutual funds

How to tell a real outreach from a scam

The message should identify the public company or fund asking for your vote, not just Alliance Advisors.

Legitimate outreach is tied to a shareholder meeting, proxy card, merger vote, annual meeting, fund matter, or similar corporate action.

A voting call should not ask for your password, debit card, wire instructions, or full Social Security number.

You can compare the information in the outreach against the company’s proxy materials, page, or transfer agent records.

Why shareholders may hear from Alliance Advisors more than once?

Many companies or mutual fund companies hire outside solicitation firms because a large percentage of retail shareholders do not vote unless they receive reminders. That is why communications may come through several channels over the same campaign.

Phone and voicemail

Calls are often part of normal proxy campaigns

Alliance states that its retail voting campaigns use telephone outreach to help shareholders access voting information and submit their vote before the meeting deadline.

Text and email

Texts and emails may be used to increase turnout

The firm says it blends communication tools such as phone, email, text, and social media to maximize participation for companies with significant retail ownership.

Mail and QR codes

Printed reminders can direct holders to official voting channels

Mailed notices and QR codes are commonly used to make it easier for shareholders to reach the voting site or find meeting materials quickly.

What makes Alliance Advisors a real business

Alliance Advisors publicly describes itself as an independent advisory firm focused on , solicitation, governance, investor communications, and related services for public companies and mutual funds. The firm also states that it works for over 1,000 public companies and completed 900 shareholder meetings in 2025 across 20 countries.

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Important distinction

Legitimate firm does not mean every message should be trusted automatically

Shareholders are right to be cautious. A real firm can still be impersonated, so the safest approach is to verify that the outreach matches official proxy materials and relates to an actual company vote.

Checklist

  • Look for the company name, meeting purpose, and deadline.
  • Check that the message lines up with your proxy card or broker materials.
  • When uncertain, check the company website for a message or banner about the shareholder meeting. You may also check Alliance Advisors website for a message about a shareholder meeting.

Shareholder FAQ

This section is written in plain language for people who search online after receiving a message, letter, or missed call.

Because you are listed as a shareholder of record and eligible to vote on a company matter such as an annual meeting, merger, fund proposal, or other proxy item. Companies often hire solicitation firms to remind shareholders to vote when participation is low.

Because you were an owner as of the record date which is the official date when the records are created to determine who is eligible to vote. So even though you no longer are a shareholder you are the only one who can vote the shares.

You may have a sweep account with your brokerage account that automatically moves your cash into an interest-bearing money market fund.  Money market funds are technically reporting companies so even though you just have cash in the fund every dollar represents one share of stock.  This means that you have a vote.

Proxy campaigns run on deadlines. If a vote has not yet been recorded, reminders may continue through multiple outreach channels until the meeting date or until a valid vote is received.

The fastest and most efficient way to stop the communications is to vote your shares. Once you vote, within 24 hours you will no longer appear on the unvoted list and communications will stop.

No. A legitimate voting outreach should be about casting your vote, confirming your status as a shareholder, or helping you access official voting materials. It does not require payment or ask for sensitive banking credentials.

Do not act on pressure. Compare the message to your official proxy materials, then verify the matter through the company investor relations page or website, before responding.

Alliance Advisors is not a scam, but verification is still smart.

  • Alliance Advisors works on behalf of public companies and funds seeking shareholder votes.
  • Repeated reminders can happen when no vote has been recorded yet.
  • Shareholders should always verify the company name and the official meeting matter.