Altegris Advisors, LLC

CRD#154003
Investment Advisor Firm

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Learn more about Altegris Advisors, LLC

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Altegris Advisors, LLC is an advisory company headquartered in La Jolla, California. Altegris Advisors, LLC oversees $327.6 million in assets over three accounts, making it a mid-tier financial advisory firm in the United States by assets under management (AUM). The firm has a small group, including 6 financial advisors. Altegris Advisors, LLC does not act as a registered broker-dealer, signifying that the company cannot buy and sell securities for its customers' and own accounts and instead must go through a broker-dealer firm to do so. Securities are defined as exchangable financial investments like bonds, options and equities.

    Altegris Advisors, LLC administers all of its accounts in a discretionary manner. Discretionary management is a structure in which buy and sell judgments for the client's account are made by a portfolio manager without needing client approval. Altegris Advisors, LLC oversees roughly $109.2 million for each customer account. The typical financial advisor at Altegris Advisors, LLC manages fewer than one client account, making it one of the most personalized advisor firms in the country.

    The firm's main office is located at 1200 Prospect Street, La Jolla, California 92037. The company is allowed to provide services to customers in the state of California.

    Assets Under Management

    $327.6 million

    Number of Advisors

    6

    Disclosures

    No

    Office Location

    1200 Prospect Street
    La Jolla, CA 92037

    Altegris Advisors, LLC by the Numbers

    Total Assets Under Management

    $327.6 million

    National Average: $8.6 billion
    Total Number of Employees

    8

    National Average: 64
    Total Number of Accounts

    3

    National Average: 375,227
    Average Account Size

    $109.2 million

    National Average: $23.0 thousand
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    Fee Structure

    Fees charged by financial advisors usually vary depending on which services the firm provides the client. However, fees billed by the company typically consist of the following fee structure: asset-based. The company does not provide a wrap fee program, in which the company offers a service bundle for a comprehensive fee.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    Altegris Advisors, LLC caters to investment companies. Out of its three clients, Altegris Advisors, LLC's biggest client by number of accounts is investment companies. None of the company's customers are represented by people from outside of the U.S.

    • High-Net-Worth Individuals* - 0%
    • Other Individuals - 0%
    • Corporations - 100%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Altegris Advisors, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Altegris Advisors, LLC

    Jennifer Verina
    La Jolla, CA
    Apryl Thompson
    La Jolla, CA

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