Cliff Shum
Cliff Shum is a CFP-designated registered investment advisor at Shum Financial Group, INC., based in Alameda, CA, with 27 years of industry experience. Cliff operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Insurance Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 330 clients with $320M 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 $500K | 1.00% |
| $500K - $1.0M | 0.95% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $3.0M | 0.85% |
| $3.0M - $5.0M | 0.80% |
| $5M+ | 0.75% |
Annual fee may be negotiable. Accounts within the same household may be combined for a reduced fee.
Fee Estimator
Location
2205 Harbor Bay Parkway, Alameda, CA, 94502
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
May 2013Other Business ActivitiesSells Insurance
Cliff is a sole proprietor and insurance agent in Alameda, CA since 2013. He dedicates a few hours per week to this activity during trading hours.
Employment History
Current Registrations
Shum Financial Group, INC.
Previous Registrations
Girard Securities, INC.
Girard Securities, INC.Broker
Edward JonesBroker
Edward Jones
Financial Network Investment CorporationBroker
Edward JonesBroker
American Express Financial Advisors, INC.
American Express Financial Advisors INC.Broker
Ids Life Insurance CompanyBroker
State Registrations2 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.