Howard Smith is a registered investment advisor at Changing Parameters, LLC, based in Los Altos, CA, with 34 years of industry experience. Howard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Tax Planning. Their firm serves 115 clients with $110M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Changing Parameters charges a percentage of the assets they manage for their tactical allocation services. The specific percentage is negotiated with each client, but the total advisory fees paid will not exceed 2.50% per year of the assets managed, including any fees charged by the Changing Parameters Fund. For the Changing Parameters Fund, Changing Parameters receives an annual management fee equal to 1.50% of the average daily net assets of the fund, payable monthly.
Location
Los Altos, CA
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
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Howard is an advisor to the Changing Parameters LLC, Mutual Fund, and Trust Portfolio, dedicating full-time hours to this role. He also serves as a director of a 501(c)(3) organization, INNW Fund, spending minimal time on this uncompensated, non-investment related activity.
Employment History
Current Registrations
Changing Parameters, LLC
Previous Registrations
Ceros Financial Services, INC.Broker
Rydex Distributors, INC.Broker
United Planners' Financial Services of America a Limited PartnerBroker
Value Monitoring, INC
Royal Alliance Associates, INC.Broker
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.