BA
BA

Belete Alemu

30 Years of Experience
Glendale, CA
BrokerSells Insurance

Belete Alemu is a registered investment advisor at VALIC Financial Advisors, INC., based in Glendale, CA, with 30 years of industry experience. Belete operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Education Planning, Estate Planning, Financial Planning & Coaching, and 2 more. Their firm serves 293,993 clients with $26B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1277 advisors
IM Fee
Planning only
Assets Under Management
$26.4B

Fee Structure

  • Financial planning fees depend on the complexity of your situation, the number of topics covered, the time needed to complete the plan, your net worth, and your location.
  • Consulting services are offered on a per-project basis, not exceeding $7,500 annually.
  • The total combined fee for a financial plan and consulting services will not exceed $10,000 annually.
One-Time Plan:Up to $5,000
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Location

450 North Brand Blvd., Suite 600, Glendale, CA, 91203

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History

Regulatory History
Clean regulatory record

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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Other Business ActivitiesSells Insurance

Belete manages two rental properties, dedicating minimal time to each. He is also an agent for AGIA, selling non-securities insurance products a few hours per week.

Employment History
Current Registrations
VALIC Financial Advisors, INC.Broker
March 2014 - Present · 12 yrs 6 mos
VALIC Financial Advisors, INC.
March 2014 - Present · 12 yrs 6 mos
Previous Registrations
J.P. Morgan Securities LLCBroker
October 2012 - December 2013 · 1 yr 2 mos
J.P. Morgan Securities LLC
October 2012 - December 2013 · 1 yr 2 mos
Chase Investment Services CORP.
September 2010 - October 2012 · 2 yrs 1 mo
Chase Investment Services CORP.Broker
September 2010 - October 2012 · 2 yrs 1 mo
Port Securities, INC.Broker
June 2010 - September 2010 · 3 mos
Arque Capital, LTD.
May 2010 - July 2010 · 2 mos
Arque Capital, LTD.Broker
May 2010 - July 2010 · 2 mos
Empire Securities CorporationBroker
November 2009 - May 2010 · 6 mos
Empire Securities Corporation
November 2009 - May 2010 · 6 mos
First Allied Securities, INC.
June 2006 - August 2009 · 3 yrs 2 mos
First Allied Securities, INC.Broker
May 2006 - November 2009 · 3 yrs 6 mos
Independent Financial Group, LLC
February 2006 - May 2006 · 3 mos
Independent Financial Group, LLCBroker
February 2006 - May 2006 · 3 mos
Prudential Financial Planning Services
January 2001 - January 2006 · 5 yrs
Pruco Securities, LLC.Broker
April 1995 - January 2006 · 10 yrs 9 mos
First Investors CorporationBroker
December 1994 - March 1995 · 3 mos
State Registrations2 states
CACO
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
Belete Alemu - Financial Advisor | TrueAdvisor