Juan Penaloza is a registered investment advisor at Ocean Financial Advisors LLC, based in Miami, FL, with 21 years of industry experience. Juan operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 7 clients with $8.5M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Ocean Financial Advisors (OFA) charges up to 2.0% per year for managing your investments, whether in a discretionary or non-discretionary account. This fee is based on the value of the assets in your account and is charged quarterly. The fee may be negotiable depending on your specific situation. If you end your service before the end of a quarter, you'll be charged a pro-rated fee.
Location
780 NW 42nd Avenue, Suite 500, Miami, FL, 33126
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Juan works as an officer and investment product specialist at Ocean Bank, and as a financial advisor at Ocean Financial Advisors, LLC. Both roles take about 10-20% of Juan's time each.
Employment History
Current Registrations
Ocean Financial Advisors LLC
Ocean Financial Services, LLCBroker
Previous Registrations
UBS Financial Services INC.Broker
Direct Access Partners LLCBroker
Lighthouse Financial Group, LLCBroker
US Trading LLCBroker
State Registrations4 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.