Salvador Abarca is a CFA-designated registered investment advisor at Chimera Wealth, based in Gold River, CA, with 11 years of industry experience. Salvador operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 48 clients with $17M 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 $1000K | 1.25% |
| $1.0M - $2.5M | 1.10% |
| $2.5M - $5.0M | 0.90% |
| $5.0M - $10.0M | 0.75% |
| $10.0M - $20.0M | 0.60% |
| $20M+ | 0.50% |
For investments in pooled income funds, CW will solely receive an annual fee of 0.25%-0.75% based on the value of the client’s investment in those funds. The value of the client’s investment in the income funds will be included when determining the tiered fee rate (%) to be applied to calculate the client’s fee for Portfolio Management but will not be included in the value of the client’s account when calculating CW’s annual fee for Portfolio Management.
Fee Estimator
Location
Gold River, CA
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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 ActivitiesSells Insurance
Salvador is an independent licensed insurance agent and owns Colibri Rising, LLC, which holds his ownership in Chimera Wealth and direct investments. He also holds minority stakes in Kuler, LLC and Weltio LLC, providing consulting and advisory services to these companies, dedicating a few hours per week to each.
Employment History
Current Registrations
Chimera Wealth
Previous Registrations
Ameriprise Financial Services, LLC.
Ameriprise Financial Services, LLCBroker
Waddell & Reed
Waddell & ReedBroker
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.