Finding a Top Financial Advisor Firm in Costa Mesa, California
If you’re in search of a financial advisor, it can be difficult to know which ones are the best fit for your needs. SmartAsset did the initial work for you by finding the top financial advisor firms in Costa Mesa, California. To find these firms, our experts looked at company records and U.S. Securities and Exchange Commission (SEC) filings to find the top firms in the city. Want to expand your search? Our financial advisor matching tool can connect you with up to three financial advisors in your area.
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|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Check Capital Management, Inc. Find an Advisor||$1,255,708,810||$500,000|| || |
|2||20/20 Capital Management, Inc Find an Advisor||$544,745,437||No set account minimum|| || |
Minimum AssetsNo set account minimum
|3||Pan Global Advisors Find an Advisor||$174,253,484||$100,000|| || |
|4||Tax Efficient Asset Management Solution, Inc. Find an Advisor||$79,775,246||Varies based on account type|| || |
Minimum AssetsVaries based on account type
|5||Clearview Investment Partners Find an Advisor||$96,007,019||$250,000|| || |
What We Use in Our Methodology
To find the top financial advisors in Costa Mesa, we first identified all firms registered with the SEC in the city. Next, we filtered out firms that don't offer financial planning services, those that don't serve primarily individual clients and those that have disclosures on their record. The qualifying firms were then ranked according to the following criteria:
- AUMFirms with more total assets under management are ranked higher.
- Individual Client CountFirms who serve more individual clients (as opposed to institutional clients) are ranked higher.
- Clients Per AdvisorFirms with a lower ratio of clients per financial advisor are ranked higher.
- Age of FirmFirms that have been in business longer are ranked higher.
All information is accurate as of the writing of this article. This list may include firms that have a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. Such relationships have no impact on our rankings, and firms are included and ranked based strictly on the above criteria.
Check Capital Management, Inc.
At the top of the list, Check Capital Management, Inc. serves mostly high-net-worth individuals. Businesses and other investment companies round out the firm's client base. The firm states that it has a minimum account size of $500,000, though this requirement is waivable.
Check Capital Management's team includes one certified financial planner (CFP), two chartered retirement planning counselors (CRPCs) and one chartered financial analyst (CFA). This is a fee-only firm, meaning its compensation comes from client fees - and not also from transaction-based fees that can create conflicts of interest.
Check Capital Management Background
Check Capital Management first opened its doors back in 1987, making it the second oldest firm on this list. Steven Check, the firm's founder, president and chief investment officer, runs the firm today. However, the firm is principally owned by the Check Family Trust.
The firm specializes in asset management services, but it also provides clients with general asset allocation advice and retirement income plans. Additionally, the firm acts as the investment advisor for the Blue Chip Investor Fund, a mutual fund, and publishes a monthly newsletter called The Blue Chip Investor.
Check Capital Management Investing Philosophy
Check Capital Management predominantly invests client assets in a mix of stocks, corporate bonds, municipal bonds and stock options. However, the firm will tailor its investment strategy to best fit the investment goals, risk tolerance and time horizon of each client. So when appropriate, the firm may consider other investment options.
When considering investments for clients' portfolios, Check Capital does its own fundamental research. This involves completing an in-depth analysis of a company's annual reports and presentations, along with listening to important reporting conference calls. The firm will then pool its knowledge to estimate the company's status in three to five years, then makes its decision based on this estimate.
20/20 Capital Management, Inc.
20/20 Capital Management, Inc. has many offices, including five in California. The Costa Mesa office includes one certified financial planner (CFP).
Most clients are non-high-net-worth individuals, though there are a few high-net-worth individuals and investment advisors included among their clients as well. 20/20 has no set account minimum.
The firm is fee-based, meaning that some advisors earn commissions for selling insurance products or conducting securities transactions. While this could potentially lead to a conflict of interest, the firm must abide by its fiduciary duty to always act in the best interests of its clients.
20/20 Capital Management Background
20/20 Capital Management is the youngest firm on this list, having first opened for business in 2015. The firm is employee-owned, though no single employee owns more than a quarter of the firm's shares. It’s led by CEO Samir C. Thakkar and President Arnold Henkel, who have more than 50 years of experience between them.
20/20 provides a range of services to its clients, including the following:
- Investment management
- Wrap fee programs
- Destination Portfolios
- The Managed Account Solutions Program
- Financial planning
- Cash flow analysis
- Estate planning
- Tax planning
- Risk management
- Investment planning
- Retirement planning
- Sub-advisory services
- Selection of independent money managers
20/20 Capital Management Investing Philosophy
20/20 Capital Management typically invests client assets in a range of no-load or low-load mutual funds and exchange-traded funds (ETFs). That said, the firm may invest in a range of investment products, like equities, warrants, corporate debt securities, commercial paper, certificates of deposit (CDs), municipal securities, variable life insurance, variable annuities, U.S. government securities, options contracts, partnerships, business development companies (BDCs), closed-end funds and real estate investment trusts (REITs).
When determing exactly what kinds of securities your portfolio should include, the firm will review with you your risk tolerance, time horizon, liqudity and income needs and any specific investment goals you may have. In turn, the firm will create a risk-adjusted asset allocation for you.
Pan Global Advisors
Pan Global Advisors is a fee-only firm that works with a small number of individuals and high-net-worth individuals. Most of the firm's assets under management are actually from a small number of charitable organization clients.
The advisor team at Pan Global includes one chartered financial advisor (CFA) and one chartered alternative investment analyst (CAIA). Fees are based on a percentage of assets under management and the minimum account size is $1 million. Performance-based fees may also be used.
Pan Global Advisors Background
The firm was founded in 2018. The principal owner is Tax Efficient Asset Management Solution, Inc., another firm on this list. Pan Global is a separate firm, though, not merely an arm of the other firm.
Services include investment managemet, financial planning, business planning, college savings, estate planning, retirement planning and tax planning strategies.
Pan Global Advisors Investment Strategy
Fundamental and technical analyses are the primary methods used for developing portfolios at the firm. Most of the money at the firm is invested in pooled investment vehicles. Mutual funds and cash holdings are also used.
Tax Efficient Asset Management Solution, Inc.
Tax Efficient Asset Management Solution, Inc., or TEAMS, works with non-high-net-worth individuals, high-net-worth individuals, pooled investment vehicles, pension plans, charitable organizations and other investment advisors.
Information about the firm's professional certifications is currently unavailable. This is a fee-only firm, and it has varying account minimums depending on the type of account you open:
- Retirement accounts: $25,000
- All other accounts: $250,000
Tax Efficient Asset Management Solution Background
TEAMS was founded over a decade ago, in 2008. Timothy Lee Voorhees is the president, chief compliance officer and 95% owner of the firm. The remaining 5% of the firm's shares are under the control of Chief Investment Officer Evan Pan.
The services at TEAMS include customized investment management and financial planning services. The latter can cover tax planning, charitable gift planning, estate planning, retirement planning, cash flow analysis and more.
Tax Efficient Asset Management Solution Client Experience
The firm sees its wealth management services as a six-step process, encompassing aspects of both financial planning and investment management services. Here's how the firm typically works with a client:
- Establish the goals the client has and how they want to achieve them.
- Analyze how current asset management strategies are helping or hurting the fulfillment of these goals.
- Produce a Financial Report Card with the findings of the analysis.
- Create a Value Proposition Letter that lays out the costs and benefits of moving forward with asset management and financial planning with the firm.
- If the client decides to move forward, develop a Family Wealth Blueprint that establishes strategies for achieving the client’s goals.
- Periodically evaluate this document to ensure the strategies at work are still appropriate.
Clearview Investment Partners is a fee-based firm where some advisors earn commissions for selling insurance; this is a conflict of interest, but all advisors are still bound by fiduciary duty. Wealth management fees are based on a percentage of assets under management, though fixed fees may also be used.
Most of the clients of the firm are individuals, the majority of whom are not high-net-worth investors. The only institutional clients at the firm ate corporations. The minimum account size is $250,000. The team at Clearview includes one certified investment management analyst (CIMA).
Clearview Investment Partners Background
CVIP was founded in 2009 and is principally owned by Kenneth G. Hobbs and Raymond M. Lombardo.
Services include wealth management, and financial planning.
Clearview Investment Partners Investment Strategy
Bottom-up fundamental analysis is the most common method used to figure out what investments make sense for a client’s portfolio. Mutual funds make up around half of investments at the firm, and individual stocks form a further quarter. Bonds, pooled funds and cash holdings round out the portfolio.