Navalign, LLC (Encino)


Navalign, LLC is a large advisory firm based in Encino. It manages $170.28 million of regulatory assets for 746 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California, Illinois, Minnesota, and 4 other states.

Navalign provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Navalign: assets under management

The assets under management (AUM) of Navalign, LLC is $170.28 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $170.28 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $228.26 thousand each.
Navalign has custody of $52.73 million in cash and securities for 150 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 49% of the total AUM. The second-largest asset type is exchange traded securities, which make up 45% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Navalign, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Navalign serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Navalign is high net worth individuals with 43 clients and $91.57 million of assets under management. Among the 3 most similar advisory firms, Navalign has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $170.28 million for 341 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Navalign doesn't advise any private funds.

Careers at Navalign, LLC

The company employs 7 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 6 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 compensates 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
Christopher Matthew Carter Member & chief compliance officer 1 Mar 2002 25% - 50% 2634517
David William Jacobs Member 1 Mar 2002 25% - 50% 2986626
Stephen Edward Rischall Member 1 Jun 2018 Other 5215325
Matthew J Stadelman Member 1 Jun 2018 Other 5037192

Based in Encino

The principal office where Navalign, LLC performs its advisory services is located at 15910 Ventura Blvd, Encino, CA 91436, 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 818-728-4500 or by fax 818-728-4500. The normal business hours are 8:00 am - 4:00 pm on Monday - Friday. You can find more information about the New York firm at navalign.com/ and its LinkedIn profile.