Cloak Advisors
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$36,000,000
Clients
73
12% high-net worth
Advisors
1
of 2 employees
Firm type
Independent
1 advisor
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
73
Very HighAverage account size
$493,151
About
Cloak Advisors provides discretionary portfolio management to individuals, high net worth clients, and profit-sharing plans, generally requiring a $100,000 minimum; its Form ADV notes approximately $35 million in discretionary assets under management and a small, concentrated client base. Clients receive ongoing advisory services and custodial account statements, and the firm performs account reviews at least quarterly.
The firm’s investment approach emphasizes fundamental analysis and long-only strategies implemented through equally weighted equity and balanced portfolios, with discretion to select securities consistent with each client’s stated objectives. Cloak Advisors typically recommends Interactive Brokers as the executing broker-dealer and describes regular account reviews that may be triggered by client circumstances or market events.
Compared with many peers, the brochure discloses additional financial-industry activities and affiliations and indicates the firm engages in or is connected with licensed real estate and insurance activities and affiliated firms, and it makes performance results available in its public materials — features that are statistically uncommon for similar supported firms. These affiliations and the firm’s public performance information are noted in the firm’s disclosures (see Items 10 and related sections) and may introduce additional products and potential conflicts that the firm addresses in its policies.
Client services
Financial planning
Portfolio management
Expertise
Active portfolio management
Fee options
1.5% annually
Account minimum: $100,000
Main office location
Cloak Advisors
2701 San Pedro Dr Ne, Suite 16
Albuquerque NM 87110, United States
Number of offices
2
Most active in
Cloak Advisors has reported serving >5 clients in these states in the last 12 months.
New Mexico
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Real estate agent
They facilitate real estate transactions and may earn commissions.
Is not active or affiliated with:
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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