Claraphi Advisory Network, LLC is a large advisory firm based in Aliso Viejo. It manages $594.91 million of regulatory assets for 3,085 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Arizona, California, Colorado, and 24 other states.
Claraphi Advisory Network provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Claraphi Advisory Network, LLC is $594.91 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 405% since the beginning of its operation, and $784.43 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Claraphi Advisory Network, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Claraphi Advisory Network is individuals with 2,162 clients and $436.89 million of assets under management. Among the 11 most similar advisory firms, Claraphi Advisory Network has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $594.91 million for 2,277 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Claraphi Advisory Network doesn't advise any private funds.
The company employs 32 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 28 employees are registered as investment adviser representatives with the state securities authorities.
There are 19 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
Maureen Melodee Maloney joined the executive team most recently as the Chief Compliance Officer.
The principal office where Claraphi Advisory Network, LLC performs its advisory services is located at 120 Vantis Drive, Aliso Viejo, CA 92656, which is also the mailing address of the firm. An additional office of the firm is in New York, NY. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 949-215-0025 or by fax 949-623-9852. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at claraphi.com.