Clemente Palacios
Clemente Palacios is a registered investment advisor at Alexander Capital Wealth Management LLC, based in The Villages, FL, with 10 years of industry experience. Clemente operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 621 clients with $210M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
ACWM offers investment management through wrap fee programs. The annual management fee is negotiated with each client and ranges from 0.25% to 2.00% of the value of your portfolio. The fee includes money management, certain transaction costs, and custodial and administrative costs. There is no minimum fee for investing on the Envestnet | Placemark platform. The advisory fee is negotiable, depending on individual client circumstances. In some cases, ACWM may charge a fixed fee for portfolio management, which will be negotiable.
Location
11834 Cr 101, Suite 203, The Villages, FL, 32162
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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 →Other Business Activities
Clemente is the CEO of Nicc&Clem Incorporated, a residential/commercial lending business, but is no longer originating new loans. He is keeping the corporation open to pay for his executive office lease through 12/2022 and spends minimal time on this activity.
Employment History
Current Registrations
Alexander Capital Wealth Management LLC
Alexander Capital, L.P.Broker
Previous Registrations
Edward Jones
Edward JonesBroker
Chase Investment Services CORP.Broker
Centaurus Financial, INC.Broker
Wamu Investments, INC.Broker
State Registrations14 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.