We manage investment accounts (portfolio management), or, at the client's request, strictly provide consultative investment advice, for clients who manage their own accounts. We also act as investment consultants to monitor and evaluate client accounts held at multiple brokers (held-away assets).
Mutual Funds
Many mutual funds, index funds and ETFs are used in all portfolios although the percentage allocated to an asset class may differ depending on the needs of each client. In addition, taxes may affect which investments are selected for taxable accounts. If a portfolio is made up of several different accounts, such as multiple trust accounts, then there will likely be different funds allocated to the different accounts. That reduces transaction costs and increases the long-term return.
Bonds
Wealth Management
Prior to joining a wealth management firm, Ana was a practicing estate tax and corporate law attorney. Ana’s business and legal experience coupled with her degree in finance and Certified Financial Planner designation, make her uniquely qualified to consult with individuals and families on all of their financial needs.
Ana is a member of the Board of Directors of the Miami Financial Planning Association, and chairs the Community Outreach Committee. Ana is passionate about volunteering in her community. She is a popular presenter in Spanish and English on financial planning and estate planning topics. Ana was one of the original members of the Advisory Board of Florida International University’s Eugenio Pino & Family Global Entrepreneurship Center, and served on the Board for 5 years, during which time she was a judge in the Miami Herald/FIU Business Plan Competition.
Retirement Planning
Annuities
Yes, if our agreement is for Investment Management Services, we will advise you regarding your management of your assets, including advising on corporate stock purchase and stock option plans, 529 college savings plans, variable and fixed annuities, or any type of insurance, as well as your company-sponsored 401(k), pension, profit sharing, 403(b), 457, deferred compensation, and other plans administered by present employers will be incorporated into the overall portfolio design and considered in arriving at your Investment Policy Statement. For plans held with former employers, it is usually more beneficial to roll those assets to an IRA where they can be more fully diversified, managed, and monitored.
Asset Management
We have developed a disciplined approach to asset allocation, cost control, diversification, and rebalancing that adds value and reduces risk. When we make recommendations, it's because there's a sound theoretical and practical foundation for the changes.
College Funding
Asset Protection
We have no minimum portfolio size for financial planning services. Financial planning services may be charged on a per-project basis, or monthly retainer. Such services may include reviewing and selecting investments in your employer’s 401k plan, insurance review, estate planning (wills and trusts), asset protection (maximizing use of creditor exemptions), etc. For Investment Management services, however, there is a $500 per quarter minimum fee per relationship. As such, $200,000 is the minimum client relationship to achieve the $500 fee at 1% per annum. However, the fees set forth above are negotiable, and Cela Advisors, in its sole discretion, may reduce its minimal annual fees or charge a lesser annual fee based upon consideration of various factors such as, account composition, anticipated future additional assets to be managed, etc.