Cpa Investment Advisors

CPA Investment Advisors, LLC is a financial advisory firm established in 2000 by Gerald L. Sullivan and Tazewell G. Taylor, offering customized investment management services primarily to high-net-worth individuals, trusts, estates, and other legal entities. The firm manages $278 million on a discretionary basis across approximately 418 client accounts as of December 31, 2021. Clients can impose reasonable restrictions on their accounts, and the minimum account size accepted is $500,000, subject to change. Fees are charged based on a tiered schedule, with the annual investment management fee ranging from 1.00% to 0.50% based on assets under management. Clients can also opt for 100% fixed income portfolios with fees ranging from 0.650% to 0.325%. Fees are deducted quarterly in arrears, and there is no termination fee, but written notice is required for agreement termination. The firm's investment strategy involves investing in domestic and international stocks, bonds, mutual funds, and ETFs, with a focus on long-term horizons. The investment committee conducts fundamental analysis on recommended securities, and clients receive annual investment reports and statements. Clients have investment discretion with the ability to place restrictions on investments. The firm does not charge performance fees and does not exercise proxy voting authority over client securities. Clients' accounts are held in custody by unaffiliated broker/dealers or banks, and the firm has investment discretion over most client accounts.