Richard Cabanes is a registered investment advisor at Cleveralpha, based in Hawthorne, CA, with 18 years of industry experience. Richard is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include High Net Worth, 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% |
Accounts from $0 to $5,000 are charged a flat $1.00 per month. Accounts over $5,000 are charged 0.25% per annum for the digital service, and up to 0.50% per annum for the premium tax-optimization service. Fees may be lower for accounts 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
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
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