Capital Estate Advisors, Inc.

Capital Estate Advisors, Inc. (CEA) is an investment advisory firm founded in 1994 and primarily owned by Paul S. Reback. CEA offers investment supervisory services on a discretionary basis, managing client accounts based on individual investment profiles and objectives such as capital appreciation and growth. The firm typically invests client assets in domestic and international stocks, bonds, mutual funds, and exchange-traded funds (ETFs). CEA charges a fee of 1.5% per annum based on assets under management, with a minimum annual fee of $4,000 for accounts below a certain balance. Clients can expect a customized investment approach tailored to their financial goals. CEA caters to high-net-worth individuals, trusts, estates, pension and profit-sharing plans, and other legal entities, with a minimum account value requirement of $400,000. The firm's investment strategies involve fundamental analysis conducted by Paul Reback, focusing on factors like management, historical performance, and industry prospects. CEA emphasizes long-term investing but may engage in option writing based on client objectives. Clients are responsible for verifying fee calculations, and CEA does not charge performance-based fees. In case of account termination, fees are adjusted pro rata, and clients are entitled to fee refunds under certain conditions. Additionally, CEA discloses potential conflicts of interest related to insurance product commissions and maintains a Code of Ethics to ensure integrity and transparency in client dealings.