Manuel Canal is a registered investment advisor at Ocean Financial Advisors LLC, based in Miami, FL, with 22 years of industry experience. Manuel operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 7 clients with $8.5M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Ocean Financial Advisors (OFA) charges up to 2.0% per year for managing your investments, whether in a discretionary or non-discretionary account. This fee is based on the value of the assets in your account and is charged quarterly. The fee may be negotiable depending on your specific situation. If you end your service before the end of a quarter, you'll be charged a pro-rated fee.
Location
780 NW 42nd Avenue, Suite 500, Miami, FL, 33126
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Manuel is EVP & Head of Wealth Management at Ocean Bank, dedicating nearly full-time hours. He also serves as a board member for the Greater Miami Chamber of Commerce (minimal time) and as a director for Neighborhood Lending Partners (a few hours per week). Additionally, Manuel is the CEO of Ocean Financial Advisors, LLC, spending about a third of his time on this role.
Employment History
Current Registrations
Ocean Financial Advisors LLC
Ocean Financial Services, LLCBroker
Previous Registrations
LPL Financial LLC
LPL Financial LLCBroker
Ifmg Securities, INC.
Ifmg Securities, INC.Broker
Suntrust Securities, INC.
Suntrust Securities, INC.Broker
State Registrations4 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.