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Carmelo Alvarez

Npa Asset Management, LLC
17 Years of Experience
Hato Rey, PR
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Carmelo Alvarez is a registered investment advisor at Npa Asset Management, LLC, based in Hato Rey, PR, with 17 years of industry experience. Carmelo 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, Retirement Planning. Their firm serves 2,746 clients with $1.1B in assets under management.

Npa Asset Management, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
52 advisors
Number of Clients
2,746 clients
Average Client Portfolio
$388K average
Assets Under Management
$1.1B

Fee Structure

Minimum Investment:$50K
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any3.00%

Maximum annual account management fee is up to 3.00% and is negotiable. Fees vary by specific program, account size, and services selected.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

31 Calaf St, Hato Rey, PR, 00918

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Regulatory
November 2019
Final
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Carmelo is an insurance agent selling insurance-related products since 2010, dedicating minimal time to this activity. He also works as an Uber driver since 2023, using his own car to transport riders.

Employment History
Current Registrations
Npa Asset Management, LLC
January 2018 - Present · 8 yrs 9 mos
Nationwide Planning Associates INC.Broker
March 2014 - Present · 12 yrs 7 mos
Previous Registrations
Npa Asset Management, LLC
October 2014 - December 2017 · 3 yrs 2 mos
MML Investors Services, LLCBroker
January 2009 - March 2014 · 5 yrs 2 mos
State Registrations2 states
FLPR
AdvisorBrokerBoth

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
No exam information available for this advisor.
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