Regulatory disclosures, registration information, and important notices for CleverAlpha clients and prospective clients.
CleverAlpha Asset Management, LLC ("CleverAlpha") is registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC). Our firm CRD number is 301620. Registration with the SEC does not imply a certain level of skill or training, nor does it imply that the SEC has endorsed or approved of CleverAlpha's qualifications or services.
Detailed information about our advisory business, services, fees, personnel, and conflicts of interest is available in our Form ADV, which can be accessed at the SEC's Investment Adviser Public Disclosure website at adviserinfo.sec.gov or requested directly from us at no charge.
All investing involves risk, including the possible loss of principal. The value of any investment may go up or down, and you may receive back less than you originally invested. No investment strategy can guarantee a profit or protect against a loss.
CleverAlpha uses diversified ETF portfolios designed to manage risk over the long term, but diversification does not guarantee a profit or protect against loss in declining markets. Investors should carefully consider their investment objectives, risk tolerance, time horizon, and financial situation before investing.
Past performance is not indicative of future results. Any references to historical returns, hypothetical or simulated performance, or projected performance are not guarantees of future results. Actual client results may differ materially from any referenced performance due to differences in timing, account size, fees, and other factors.
CleverAlpha Asset Management charges an annual advisory fee of 0.25% (25 basis points) of assets under management, billed quarterly in arrears. The minimum monthly fee is $1.00.
Our fee is separate from any fees charged by underlying ETFs (expense ratios), third-party custodians, or other service providers. Clients should review the full fee schedule in our Form ADV Part 2A and their Investment Advisory Agreement before investing.
We do not charge trading commissions, account maintenance fees, or withdrawal fees. We do not receive any form of compensation from the ETF providers whose funds we use in client portfolios.
Brokerage and custody services for CleverAlpha clients are provided through CleverAlpha Securities, a DBA of Velocity Capital LLC — a registered broker-dealer and member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).
SIPC protects the securities and cash in your brokerage account up to $500,000 (including up to $250,000 for cash). SIPC does not protect against investment losses. An explanatory brochure is available upon request or at sipc.org.
You can verify CleverAlpha Securities' registration and review its background at brokercheck.finra.org.
CleverAlpha is committed to transparency regarding any actual or potential conflicts of interest. Key conflicts we disclose include:
A complete discussion of conflicts of interest is available in our Form ADV Part 2A.
Client assets are held in custody by third-party broker-dealers and custodians. CleverAlpha does not take custody of client assets. Clients receive account statements directly from their custodian and should carefully review these statements for accuracy.
Our Form ADV Part 2A (Firm Brochure) and Part 2B (Brochure Supplement) contain important information about our business practices, fees, personnel, and conflicts of interest. These documents are provided to all new clients before or at the time of entering into an advisory agreement and are available upon request at any time.
Request a copy: compliance@cleveralpha.com or visit adviserinfo.sec.gov (CRD #301620).
Investors can research the background and experience of CleverAlpha and our investment professionals using FINRA's BrokerCheck tool at brokercheck.finra.org.