Compak Asset Management
Compak Asset Management is a financial advisor firm based in Newport Beach, California. The firm appears on SmartAsset's list of the top financial advisors in Newport Beach. The firm has grown to employ 12 advisors and has over $1.2 billion in assets under management (AUM). The firm offers money management, financial planning, retirement planning, estate planning and insurance services to its clients.
Compak offers an unique service called LIVE 360 for all of its clients. LIVE 360 is available in conjunction with advisory services, and it features a four-month program that teaches activities designed to increase general happiness. In fact, clients who take advantage of LIVE360 will be able to work with a Compak Happiness Coach as well.
Compak Asset Management Background
Compak Asset Management was established in 1999 by its founder and chief investment officer (CIO), Moeez Ansari. Ansari, in addition to his work at Compak, is a popular speaker and radio broadcaster. Since 1988, he’s hosted a radio show called "Market Wrap with Moe," which focuses on financial economic news and analysis. Ansari and the firm's other principal, Feroz Ansari, own the firm.
The advisory team at this firm includes certifications like Chartered Financial Analyst (CFA), Certified Financial Planner™ (CFP®), chartered retirement planning counselor (CRPC), chartered life underwriter (CLU) and more.
In addition to its headquarters in Southern California, Compak has an office in Scottsdale, Arizona.
Compak Asset Management Client Types and Minimum Account Sizes
Compak Asset Management works with more than 1,000 clients, including individuals both above and below the high-net-worth mark. The firm also services a handful of corporations or other businesses.
The firm generally requires clients to have at least $150,000 in investable assets. However, the firm can accept smaller accounts at its discretion.
Services Offered by Compak Asset Management
Compak Asset Management offers investment supervisory services that include portfolio management tailored to client objectives, risk tolerance, and time horizon. The firm provides several portfolio strategies, including growth and dividend income approaches, along with mutual fund and ETF-based models across different risk levels. Depending on client suitability, services may also involve tactical asset allocation, structured notes, alternative investments such as private equity or exchange funds, and options strategies.
The firm also provides financial planning services, which may address retirement planning, college funding, estate planning, and tax-related projections. Risk management and insurance considerations, such as life, health, disability, and long-term care, may be included as part of this planning. Compak serves as a fiduciary for retirement investors, advising on rollovers and overseeing accounts including 401(k)s, IRAs, and pension plans.
Additional programs include the LIVE360 life satisfaction program and a 12-month satisfaction guarantee for new clients, which allows for a refund of management and maintenance fees under specified conditions.
Compak Asset Management Investment Philosophy
Compak Asset Management highly prioritizes proper asset allocation as part of its investment philosophy. It believes that spreading investments strategically across several asset classes is key to optimizing returns. The firm factors in your risk tolerance, time horizon and goals, then draws on tactical strategies as well as fundamental and technical analysis in order to come up with the allocation and investment strategy most suitable for you. Compak also draws on third-party research when conducting its analyses.
With fundamental analysis, the firm examines publicly available financial statements and reports in order to seek out securities it feels are selling for less than their true value. With technical analysis, the firm uses historical data and several market indicators to forecast the direction of securities and other investments.
Fees Under Compak Asset Management
If you work with Compak Asset Management, you’ll be charged a fee based on a percentage of your assets under management. You’ll pay these fees quarterly and in advance. First, you’ll have to pay an account maintenance fee of $45 every quarter. You’ll also have to pay an account management fee, and the specific amount will adhere to the following schedule:
| Compak Asset Management Fees | |
| AUM | Fee Rate |
| First $500K | 0.50% |
| Next $500K | 0.375% |
| Next $1.5MM | 0.25% |
| Next $2.5MM | 0.1875% |
| Above $5MM | 0.15% |
The below table shows how Compak Asset Management’s fee rates translate to actual dollar amounts.
| *Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount. | |
| Estimated Investment Management Fees at Compak Asset Management* | |
| Your Assets | Compak Asset Management Fee Amount |
| $500K | $2,500 |
| $1MM | $4,375 |
| $5MM | $12,812 |
| $10MM | $20,312 |
What to Watch Out For
Compak Asset Management does not have any legal or regulatory disclosures listed on its SEC-filed Form ADV.
Certain members of Compak Asset Management's advisory team can receive commissions from the sale of insurance products or securities. While the receipt of these commissions could create a potential conflict of interest, the firm's fiduciary duty legally requires it to act in clients' best interests. However, when sales commissions are paid to Compak, the firm won't charge an advisory fee on the securities or insurance policy that generated the commission.
Opening an Account With Compak Asset Management
If you’d like to work with Compak Asset Management, there are a few ways to get in touch with the firm. If you’re a digitally minded person, you can head to its website and fill out the contact form by clicking on the "Contact Us" tab. You’ll be asked to provide your name, contact info and reason for reaching out, and someone from the firm will get in touch with you. You can also reach the firm by phone at (800) 388-9700.
All information is accurate as of the writing of this article.
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