ALPhanext, LLC (Los Angeles)


ALPhanext, LLC is an adviser based in Los Angeles. It manages $35.86 million of regulatory assets for 63 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of California.

ALPhanext provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

ALPhanext: assets under management

The assets under management (AUM) of ALPhanext, LLC is $35.86 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $35.36 million in discretionary accounts and $497.92 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $570.28 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $497.92 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 63% of the total AUM. The second-largest asset type is state and local bonds, which make up 20% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay ALPhanext, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients ALPhanext serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of ALPhanext is high net worth individuals with 9 clients and $28.77 million of assets under management. Among the 1 most similar advisory firms, ALPhanext has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $35.86 million for 63 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

ALPhanext doesn't advise any private funds.

Careers at ALPhanext, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Robert Alan Kahn Managing member 1 Jun 2018 75% - 100% 2813068
Brenda Gonzalez Calderon Chief compliance officer 1 Jun 2018 Other 6975966
Brenda Gonzalez Calderon Vice president 1 Jul 2018 Other 6788206
Steve James Weinstock Senior vice president 1 Jul 2018 Other 7025684
Steve James Weinstock Senior vice president 1 Sep 2018 Other 7025684

Based in Los Angeles

The principal office where ALPhanext, LLC performs its advisory services is located at 1901 Avenue Of The Stars, Los Angeles, CA 90067, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (310) 553-5396. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at alphanextinvestment.com.