Richard Cabanes is a registered investment advisor at Cleveralpha, based in Hawthorne, CA, with 17 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 55 clients with $28M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $5K | Included |
| $5K+ | 0.25% |
Digital Service (Robo-Advisor): Account Values from $0 to $5,000: $1.00 per month. Account Values greater than $5,000: 0.25% per annum. Premium Service (AI Tax-Optimization): All Account Values: Up to 0.50% per annum. Management fees may be lower under specific circumstances, such as when CleverAlpha is acting in a sub-advisory capacity or for High Net Worth and Institutional accounts with assets exceeding $1 million.
Fee Estimator
Location
5155 West Rosecrans Avenue, Suite 320A, Hawthorne, CA, 90250
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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.
Learn about disclosures →Employment History
Current Registrations
Cleveralpha
Velocity Capital, LLCBroker
Velocity Capital, LLC
Velocity Clearing, LLCBroker
Velocity Clearing, LLC
Previous Registrations
Piper Sandler & CO.Broker
First Empire Securities, INC.Broker
Hapoalim Securities USA, INC.Broker
Countrywide Securities CorporationBroker
State Registrations3 states
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