Alkanza Inc. (Redwood City)

Name: Alkanza Inc.
Address: 1808 El Camino Real, Redwood City, CA, 94063
Telephone: 650-670-2622

Alkanza Inc. is an internet adviser based in Redwood City. It manages $69.79 million of regulatory assets for 11,945 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of California.

Alkanza provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Alkanza: assets under management

The assets under management (AUM) of Alkanza Inc. is $69.79 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 100% since the beginning of its operation, and $68.07 million of the total AUM is attributable to clients outside of the United States.

The firm manages $69.79 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.84 thousand each.

Investments

The firm invests in non-exchange traded securities the most. They account for 85% of the total AUM. The second-largest asset type is exchange traded securities, which make up 13% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Alkanza Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Alkanza serves?

The only and largest group of clients of Alkanza is individuals with 11,945 clients and $69.79 million of assets under management. Among the 4 most similar advisory firms, Alkanza has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $69.79 million for 11,945 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 99% of the firm’s clients are foreign persons or businesses.

Alkanza doesn't advise any private funds.

Careers at Alkanza Inc.

The company employs 8 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Andres Jose Villaquiran	Managing member	1 Oct 2014	75% - 100%	2963048
Fabio Enrique Robayo Bohorquez	Chief compliance officer	1 Oct 2014	Other	6411408
Andres Jose Villaquiran	Chief executive officer / chief compliance officer	1 Aug 2015	75% - 100%	2963048
Veronorte Capital S.A.S.	Director	1 Jan 2017	Other	90-1038653
L.P. Venture Partners Gp Ii	Director	1 Jan 2017	Other	24-0497743
M&G Limited	Director	1 Jan 2017	Other	foreign
Randy Maurice Sternke	Chief financial officer / chief compliance officer	1 Jan 2017	Other	4761861
Randy Maurice Sternke	Head of finance / chief compliance officer	1 Mar 2018	Other	4761861
Fernando Hernandez Sanz	Chief compliance officer	1 Jun 2019	Other	7177526

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Irrevocable Stock Exchange Certificates Issuance Trust	Limited partner	1 Jun 2014	25% - 50%	f/306916
Fernando Lelo De Larrea	Director	1 Jan 2017	Other	7083395
Federico Antoni	Director	1 Jan 2017	Other	7083396

Based in Redwood City

The principal office where Alkanza Inc. performs its advisory services is located at 1808 El Camino Real, Redwood City, CA 94063, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 650-670-2622. The normal business hours are 24 hours/day on Other. You can find more information about the New York firm at alkanza.us and its LinkedIn profile.