CA

Carmelo Arce Alvarez

16 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
52 advisors
Number of Clients
2,855 clients
Average Client Portfolio
$354K average
Assets Under Management
$1.0B

Fee Structure

Minimum Investment:$50K

NPA Asset charges an annual fee based on a percentage of assets under management. The maximum annual account management fee is 3%, but fees are negotiable. Advisors may also charge a one-time Portfolio Development Fee, up to 1% of assets under management. Clients may incur transaction charges and other fees imposed by NWD or third parties. Fees and fee structures vary from advisor to advisor. The specific advisory program selected may cost the client more or less than purchasing program services separately.

Areas of Practice
Investment ManagementRetirement Planning
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Advisor Information

Office location

31 Calaf St, Hato Rey, PR, 00918

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Regulatory History (1)
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Regulatory
November 2019
Final
Other Business ActivitiesSells Insurance

Carmelo is an insurance agent selling insurance-related products since 2010, dedicating minimal time to this activity. He also works as an Uber driver since 2023, using his own car to transport riders.

Employment History
Current Registrations
Npa Asset Management, LLC
January 2018 - Present · 8 yrs
Nationwide Planning Associates INC.Broker
March 2014 - Present · 11 yrs 10 mos
Previous Registrations
Npa Asset Management, LLC
October 2014 - December 2017 · 3 yrs 2 mos
MML Investors Services, LLC Broker
January 2009 - March 2014 · 5 yrs 2 mos
State Registrations2 states
FLPR
AdvisorBrokerBoth
Exams
No exam information available for this advisor.