Invest Forward, Inc. (San Antonio)

Name: Invest Forward, Inc.
Address: 214 Canterbury Hill St, San Antonio, TX, 78209
Telephone: 646-263-5213

Invest Forward, Inc. is an internet adviser based in San Antonio. It manages $2.12 million of regulatory assets for 865 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of California, Connecticut, Louisiana, and 4 other states.

Invest Forward provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Invest Forward: assets under management

The assets under management (AUM) of Invest Forward, Inc. is $2.12 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 4131% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $2.12 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.45 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Invest Forward, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Invest Forward serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Invest Forward is individuals with 862 clients and $1.32 million of assets under management. Among the 5 most similar advisory firms, Invest Forward has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $2.12 million for 865 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Invest Forward doesn't advise any private funds.

Careers at Invest Forward, Inc.

The company employs 7 people that are either part- or full-time employees. 14 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc City Light Capital Management Iii	Shareholder	1 Oct 2013	75% - 100%	46-3661663
Jacqueline Nicole Reyes	Vice president and director of partner funds	1 Oct 2013	Other	5003511
Steven Estrada	Chief compliance officer	1 Aug 2015	Other	6546840
Kevin Joseph Gonzalez Doldan	Chief compliance officer	1 Mar 2016	Other	5008752
Guerin Frederick Schwarberg	Chief compliance officer	1 Jan 2017	Other	6727902
Matthew Paul Cohen	Majority shareholder	1 Jun 2018	75% - 100%	3102958
Matthew Paul Cohen	Ceo/chief compliance officer	1 Feb 2019	75% - 100%	3102958

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Matthew Paul Cohen	Shareholder	1 Oct 2013	25% - 50%	3102958
Josh Eric Cohen	Shareholder	1 Oct 2013	25% - 50%	6484261

Based in San Antonio

The principal office where Invest Forward, Inc. performs its advisory services is located at 214 Canterbury Hill St, San Antonio, TX 78209, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 646-263-5213. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at investforward.com.