Investment Advisory Professionals LLC

Boca Wealth Advisors, LLC, formerly known as Investment Advisory Professionals, LLC, is a fee-only investment advisory and financial planning firm established in 1998. The firm's owners are Arthur J. Canter, Mark D. Miclean, and Alexandra Demosthenes. They offer discretionary investment advisory services and financial planning, using low-cost mutual funds and individual fixed income securities. Boca Wealth Advisors acts as a fiduciary under the Investment Advisers Act of 1940 and provides services for high-net-worth individuals, trusts, foundations, and company retirement plans with a minimum account size of $500,000. The firm employs an academic-based approach to portfolio design and emphasizes minimizing risk through diversification. Clients have investment discretion, but the firm generally tailors portfolios based on client needs and available resources. Boca Wealth Advisors charges an annual fee based on assets under management and may bill separately for financial planning services. The firm does not participate in wrap fee programs and does not charge performance-based fees. Clients receive quarterly performance reports and account statements from the custodian, Charles Schwab & Co., Inc. Boca Wealth Advisors undergoes an annual custody examination by an independent CPA to ensure compliance with regulatory requirements. The firm has a Code of Ethics in place to guide its business conduct and fiduciary duty to clients. Boca Wealth Advisors does not receive compensation for referrals and does not engage in activities that conflict with client interests.