Malaga Cove Capital, LLC

Malaga Cove Capital, LLC is a registered investment adviser founded in May 2008 by Alfred (“Al”) C. Walsh III and Mark Wade Choate. The firm, headquartered in Palos Verdes Estates, California, offers investment management services on a discretionary basis, focusing on capital growth and appreciation for individuals and high net worth clients. Malaga also provides ERISA plan services, acting as a 3(38) Investment Manager for retirement plans. The firm's advisory services include investment analysis, direct investment execution, and monitoring of client assets. Clients can expect to pay annual advisory fees ranging from 1.00% to 2.00% of total assets under management. Malaga does not charge performance-based fees and does not participate in wrap fee programs. The firm primarily invests in equity securities, debt securities, municipal bonds, real estate investment trusts, and American Depository Receipts (ADRs). Malaga's investment strategies involve fundamental and technical analysis, with a focus on long-term holdings. Alfred (“Al”) C. Walsh III and Mark Wade Choate serve as portfolio managers at Malaga, providing wealth management services to clients. The firm does not have any disciplinary history to disclose and does not receive compensation for the sale of securities or investment products. Clients have the option to grant investment discretion to Malaga, allowing the firm to make decisions on specific securities, quantity, and timing of transactions. Malaga Cove Capital, LLC does not vote proxies on client securities and recommends that clients vote their own proxies.