Description of Services and Fees
AlphaQ Advisors (d/b/a Haven Private) is a registered investment adviser based in Orlando, Florida.
We are organized as a limited liability company under the laws of the State of Florida. We have been
providing investment advisory services since 2006. We are primarily owned by Rizvi & Mathes, LLC,
Paul Hershiser, and Elevate IV, LLC. Currently, we offer the following investment advisory services,
which are personalized to each individual client:
•Portfolio Management Services
•Financial Planning Services
The following paragraphs describe our services. Please refer to the description of each investment
advisory service listed below for information on how we tailor our advisory services to your individual
needs. As used in this brochure, the words "we", "our" and "us" refer to AlphaQ Advisors (d/b/a Haven
Private) and the words "you", "your" and "client" refer to you as either a client or prospective client of
our firm.
Portfolio Management Services
We offer discretionary and non-discretionary management services. Our investment advice is tailored
to meet our clients' needs and investment objectives. If you retain our firm for portfolio management
services, we will meet with you to determine your investment objectives, risk tolerance, and other
relevant information at the beginning of our advisory relationship. We will use the information we
gather to develop a strategy that enables our firm to give you continuous and focused investment
advice and/or to make investments on your behalf. As part of our portfolio management services, we
may customize an investment portfolio for you according to your risk tolerance and investing
objectives. We may also invest your assets using a predefined strategy, or we may invest your assets
according to one or more model portfolios developed by our firm. Once we construct an investment
portfolio for you, or select a model portfolio, we will monitor your portfolio's performance on an ongoing
basis, and will rebalance the portfolio as required by changes in market conditions and in your financial
circumstances.
If you participate in our discretionary portfolio management services, we require you to grant our firm
discretionary authority to manage your account. Discretionary authorization will allow us to determine
the specific securities, the amount of securities to be purchased or sold for your account without your
approval prior to each transaction, the broker/dealer to be used, and the commission rates to be paid.
Discretionary authority is typically granted by the investment advisory agreement you sign with our firm
and the appropriate trading authorization forms. You may limit our discretionary authority (for example,
limiting the types of securities that can be purchased for your account) by providing our firm with your
restrictions and guidelines in writing.
If you enter into non-discretionary arrangements with our firm, we will obtain your approval prior to the
execution of any transactions for your account(s). You have an unrestricted right to decline to
implement any advice provided by our firm on a non-discretionary basis.
Our firm may also provide portfolio management services to unaffiliated investment advisers as a sub-
adviser or third-party adviser.
As part of our portfolio management services, in addition to other types of investments (see
disclosures below in this section), we may invest your assets according to one or more
model portfolios developed by our firm. These models are designed for investors with varying degrees
of risk tolerance ranging from a more aggressive investment strategy to a more conservative
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investment approach. Clients whose assets are invested in model portfolios may not set restrictions on
the specific holdings or allocations within the model, nor the types of securities that can be purchased
in the model. Nonetheless, clients may impose restrictions on investing in certain securities or types of
securities in their account. In such cases, this may prevent a client from investing in certain models
that are managed by our firm.
Clients who have engaged us for portfolio management services may receive complimentary financial
planning at no additional cost.
Financial Planning Services
We offer financial planning services which typically involve providing a variety of advisory services to
clients regarding the management of their financial resources based upon an analysis of their
individual needs. These services can range from broad, comprehensive, financial planning to
consultative
or single subject planning. If you retain our firm for financial planning services, we will
meet with you to gather information about your financial circumstances and objectives.
•Comprehensive: We may also use financial planning software to determine your current
financial position and to define and quantify your long-term goals and objectives. Once we
specify those long-term objectives (both financial and non-financial), we will develop shorter-
term, targeted objectives. Once we review and analyze the information you provide to our firm
and the data derived from our financial planning software, we will deliver a written plan to you,
designed to help you achieve your stated financial goals and objectives.
•Consultative: If you only require advice on a single aspect of the management of your
financial resources, we offer financial plans in a modular format and/or general consulting
services that address only those specific areas of interest or concern.
Financial plans are based on your financial situation at the time we present the plan to you, and on the
financial information you provide to us. You must promptly notify our firm if your financial situation,
goals, objectives, or needs change.
You are under no obligation to act on our financial planning recommendations. Should you choose to
act on any of our recommendations, you are not obligated to implement the financial plan through any
of our other investment advisory services. Moreover, you may act on our recommendations by placing
securities transactions with any brokerage firm.
Other
The majority of our business involves retirement planning, estate and trust planning, and divorce
planning. Our clients are primarily individuals and businesses. We occasionally provide business
planning/consulting services at a fully negotiable basis.
Wrap Fee Programs
We do not participate in any wrap fee program.
Types of Investments
We primarily offer advice on equity securities, warrants, corporate debt securities, commercial paper,
certificates of deposit, municipal securities, mutual funds, exchange traded funds, US Government
securities, options contracts on securities, and futures contracts on tangibles and intangibles.
Additionally, we may advise you on any type of investment that we deem appropriate based on your
stated goals and objectives. We may also provide advice on any type of investment held in your
portfolio at the inception of our advisory relationship.
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You may request that we refrain from investing in particular securities or certain types of securities.
You must provide these restrictions to our firm in writing.
IRA Rollover Recommendations
Effective December 20, 2021 (or such later date as the US Department of Labor ("DOL") Field
Assistance Bulletin 2018-02 ceases to be in effect), for purposes of complying with the DOL's
Prohibited Transaction Exemption 2020-02 ("PTE 2020-02") where applicable, we are providing the
following acknowledgment to you. When we provide investment advice to you regarding your
retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I
of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable,
which are laws governing retirement accounts. The way we make money creates some conflicts with
your interests, so we operate under a special rule that requires us to act in your best interest and not
put our interest ahead of yours. Under this special rule's provisions, we must:
•Meet a professional standard of care when making investment recommendations (give prudent
advice);
•Never put our financial interests ahead of yours when making recommendations (give loyal
advice);
•Avoid misleading statements about conflicts of interest, fees, and investments;
•Follow policies and procedures designed to ensure that we give advice that is in your best
interest;
•Charge no more than is reasonable for our services; and
•Give you basic information about conflicts of interest.
We benefit financially from the rollover of your assets from a retirement account to an account that we
manage or provide investment advice, because the assets increase our assets under management
and, in turn, our advisory fees. As a fiduciary, we only recommend a rollover when we believe it is in
your best interest.
Assets Under Management
As of February 13, 2024, we provide continuous management services for $332,488,972 in client
assets on a discretionary basis.