ABOUT

CAMBRIA CAPITAL

Founded in 2004, Cambria Capital is a full service securities brokerage, registered investment advisor and technology driven investment banking firm. Our objective is to identify superior investment opportunities and provide innovative professional financial services to our clients.

 

Cambria Capital leverages its high net worth clients, and retail accounts to raise capital for growth stage companies. In addition to our traditional distribution channels we utilize innovative marketing techniques to harness the power of the crowd to facilitate our capital raising efforts.

Our focus is on understanding each client’s financial objectives and developing an effective strategy to maximize growth opportunities and investment outcomes. We conduct our business with integrity and fairness, which is the backbone of our culture and tradition. We measure our accomplishments based on the results we achieve for our clients.

TEAM

Chairman and CEO

President

 

MEET OUR EXECUTIVE TEAM

Gordon McBean 

Joel M. Vanderhoof

Chairman and Chief Executive Officer, Cambria Capital, LLC. Mr. McBean joined Cambria Capital in June 2016. He is also Chairman of Digital Offering LLC, a FINRA member investment bank that focuses on raising capital for growth stage companies.

 

Mr. McBean is also the former President of Euro Pacific Capital, Inc., a FINRA Member that is a full service investment bank.

 

Prior to joining Euro Pacific, Mr. McBean was Director of Research at Roth Capital Partners, a FINRA member investment bank dedicated to the small-cap public market.

 

A native of Scotland, Mr. McBean has been active in the securities industry for over 30 years and has served in various capacities at Lehman Brothers, Wells Fargo, Van Kasper and Friedman, Billings, Ramsey.

 

He received his B.A. in Business Economics from Paisley University in Scotland and is a CFA Charterholder.

 

He is a member of the CFA Institute and the CFA Society of Orange County and holds FINRA 7, 24, 27, 63, 65, 79, 86, 87 and 99 licenses.

 

Email: gmcbean@cambriacapital.com

 

Check the background of this investment professional on FINRA's BROKER CHECK

 

Mr. Vanderhoof is the head of equity sales and trading for Cambria Capital.  In addition, Mr. Vanderhoof is a Portfolio Manager of IQ Capital Management, CTA, and an associated person with a registered introducing broker and Member of NFA called OPTIONiQ, LLC since February 2013.

 

Prior to joining Cambria, Mr. Vanderhoof served as Vice President of Sales at Alpine Securities, Inc., a registered broker-dealer based in Salt Lake City, Utah that is a member FINRA. At Alpine Securities, Mr. Vanderhoof was involved in training and hiring of new representatives, expanding sales, conducting due diligence with respect to potential investment opportunities, trading and market making in securities and managing a large network of retail and institutional clients.

Prior to joining Alpine Securities, he worked for Colonial Stock Transfer where he assisted in company stock issuances and stock transfers.  He began his career with Security Direct as a sales manager in 1999. 

 

Mr. Vanderhoof holds the Series 3, 4, 7, 24, 55, 63, 66, 79 and 99 securities licenses.

Email: jv@cambriacapital.com

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Managing Director

Mark Elenowitz

Michael P. Warren

Investment Banking Associate

Mr. Elenowitz is responsible for advising clients on structuring, financings and acquisitions. He has extensive experience in advising clients on compliance, capital structure, and capital markets navigation including acting as a member of the board of directors. For over 24 years he has worked with numerous public and private companies.  Prior to Cambria, Mr. Elenowitz was co-founder of Tripoint Global Equites, LLC, a global investment bank focused on assist fast growing companies.

  

Mr. Elenowitz integrates a strong, successful entrepreneurial background with extensive financial services and capital markets experience. He has assisted numerous companies in a "soup-to-nuts" process, preparing them for life as a public company and advising them on an ongoing basis as to further rounds of financing, strategic acquisitions and a broader investor base via a listing on a higher securities exchange or market. He is an expert in capital markets investigative analysis of trading activity, short selling and market activity providing investigative services for Board of Directors, Special Committees and public companies. Mr. Elenowitz also serves as an expert witness in FINRA arbitrations and court actions.

In addition, he is the President of Horizon, a global software provider, has developed an end-to-end suite of blockchain technology solutions for the issuance and secondary trading of both registered and exempt offerings of digital securities. Mr. Elenowitz is the recipient of several entrepreneurial awards and has been profiled in BusinessWeek and CNBC, as well as several other publications. Mr. Elenowitz is a member of the board of directors of the Long Island Capital Alliance and the National Investment Banking Association.  He is a graduate of the University of Maryland School of Business and Management with a B.S. in Finance. He holds Series 24, 62, 63, 79, 82 and 99 licenses.

Email: mark@cambriacapital.com

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Mr. Warren is a Registered Representative and Investment Banking Associate at Cambria Capital.

 

From January 2008 through July 2013, Mr. Warren was a registered representative of J.P. Morgan Securities, a FINRA member firm. Mr. Warren was an Analyst and Associate of J.P. Morgan Securities, Mr. Warren’s primary areas of focus included quantitative analysis, derivatives modeling, option valuation, portfolio and enterprise risk management, market research and capital markets execution on over $10 billion of senior managed transactions for the firm’s public finance, higher education and healthcare clients.

 

Currently, Mr. Warren is Chief Portfolio Manager of IQ Capital Management, CTA, and an associated person with a registered introducing broker and Member of NFA called OPTIONiQ, LLC since May 2014.

 

Mr. Warren holds a series 3, 7, 63, 66 and 79 licenses. Warren holds an MBA, with a concentration in Finance, from the University of Rochester and a Bachelor of Science in Economics from the University of Utah.

Email: mwarren@cambriacapital.com

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EMPLOYMENT

 

BECOME PART OF OUR TEAM

Cambria Capital, LLC is a dynamic and growing full service securities brokerage, registered investment advisor and investment banking firm, Member                 /          .

Cambria Capital has openings for experienced Financial Advisors who are well-rounded team players and who have portable books of business.  We are seeking candidates who are enthusiastic, energetic, problem-solvers, proactive and who possess a strong desire to help Cambria grow and create a successful organization. Successful candidates will also possess sharp quantitative and analytical skills, exceptional verbal and written communication skills and outstanding presentation and interpersonal skills.

In addition to our traditional commission-based model we can manage accounts on a fee-based platform through our registered investment advisor.  We offer a diverse product platform with absence of quotas or pressure to push certain products.  Payouts are significantly above the large wire-houses with Traditional and Independent Employee Models:

Traditional Model – for registered representatives who want the freedom to build their business in an existing office setting and enjoy the synergy and support of working with other representatives.

Independent Model – for registered representatives who want the independence, control and are willing cover all the expenses of running their own branch office.

Please email us a copy of your resume if you want to become part of the Cambria Capital Team.  

 

For a confidential conversation regarding your situation please contact:

 

Joel Vanderhoof
jv@cambriacapital.com
Toll free: (877) 226-0477
Direct: (801) 320-9609

Cambria Capital will complete a routine background check and will complete a CRD review on eligible candidates.Cambria Capital is an equal opportunity employer. It is the policy of Cambria that all employees and applicants for employment will be treated in all respects on the basis of their merit and qualifications and without regard to their race, color, national origin, age, disability, sexual orientation, religion, gender, military status, marital status or ancestry.

FAQ's

 

GENERAL INFORMATION ABOUT YOUR ACCOUNT

Who Are Your Clearing Firms?
 

Cambria Capital has selected Apex  Clearing, LLC, Axos Clearing, LLC, Folio Investments, Inc and Vision Financial Markets, LLC as its clearing agents to act as custodian of customer assets and provide a variety of back office services to the firm and its clients. Apex, Axos, Folio or Vision will provide all of the standard reports such as customer statements, trade confirmations and tax forms. Apex Clearing, LLC, Axos Clearing, LLC, Folio Investments, Inc and Vision Financial Markets, LLC are all members of              and          .

How are you compensated and when do you get paid?
 

We provide options so you can decide what makes sense for your investments. We offer a commission-based fee each time you make a transaction or a management fee based upon a percentage of the value of the assets we manage.   The fee-based accounts are an annual percentage fee; billed quarterly by taking the value of the managed assets at the beginning of each calendar quarter and applying one-fourth of that annual percentage fee.

Are there any fees or maintenance charges required to keep my account open?
 

Cambria strives to provide quality services at competitive prices. Please see the attached fee schedules (1, 2) for information regarding account fees. If you have any questions about fees, please reach out to a Cambria representative.

What is the minimum amount I can invest?
 

For commission-based accounts we have no minimum investment.  Depending on the advisory program our minimum for fee-based accounts is generally $10,000.

Will I be able to view my account online?
 

Yes. In addition to any service the broker-dealer firm on your account may provide, we offer secure, password-protected service with quotes, news and company information to our clients who request online access to view their portfolio.

Am I locked-in? Are their termination penalties?
 

Absolutely not.  Other than retirement accounts there are no termination penalties with Cambria Capital. Advisory agreements are terminable on written notice at any time.

How will you communicate with me about my account?  Will I receive notices or statements?

All of our clients receive quarterly and annual detailed brokerage account statements. Monthly statements will be provided only if there is activity for that specific period. We may also have occasional mailings and emails on topics of interest.  In addition, we provide investor update meetings and new product offering to our clients.  Most clients will talk with us at least several times during the year, and clients are encouraged to contact us by telephone, fax, or e-mail to discuss their investments or ask questions, or to schedule an appointment to meet with us at our offices.  All trade instructions must be taken verbally through Axos Clearing, Vision Financial Markets or verbally or through the online trading platform with Folio Investments and Apex Clearing.

Will my account information remain confidential?

We believe that your wealth is an extremely private issue and your identity and financial records are kept strictly confidential. No mailing lists are sold, nor is any client information shared with outside firms unless directed by you. For more information, please see our privacy policy.

If you have any questions about your account objectives, please consult with a Cambria representative.

For accounts held with Folio Investments:

How do I establish an account with your firm?

To establish an account, just click here.

How do I transfer my existing account with another brokerage firm to your firm?

First, you will need to set up an account with Cambria.  Once your account is set up we will need the most recent copy of your brokerage account statement from the firm you are transferring the assets from.  In addition, we will have you sign an account transfer form “ACAT.”  Once the ACAT form is signed the assets will generally take about 3-5 business days to move over.

How do I fund my account?

Open your Accounts page and select Transfer Money from the Cash Activity Quick Links drop down menu. Select the method of deposit and follow the instructions given.

You can fund your account by:

-Wire transfer
-Electronic funds transfer (EFT)
-Direct deposit/payroll deduction
-Transfer of money between your accounts with us
-Check deposit

For check deposits to an IRA account, be sure to specify your account number, whether the funds are a contribution or a rollover, and the year of the IRA contribution (if applicable).

What if I forgot my username?

Select the Forgot Username link located next to the Username field on the Login page. Once you correctly verify your personal information, we will email your username to the email address that we have on record. If you do not receive this email, contact us.

What if I forgot my password?

If your password is not locked, you can reset your password directly from the Login page.
1.From the Login page, select Reset Password
2.Enter your username and select Continue.
3.Verify your email address shown and select Reset Password which will send a link to that email address, or contact Customer Service at 1-888-973-7890.

How do I change or update my personal information?

To change or update your personal information:

1.Select the Settings link
2.Select the Change button for the information you would like to change

 

For security reasons, the following information cannot be changed online:

 

Name 


To change the name on your account, mail us a letter explaining the reason for the change, along with a copy of a marriage certificate, divorce decree, or other court order (as applicable).

Date of Birth 


To correct your date of birth, mail us a copy of your birth certificate.

Social Security or Tax Identification Number 


To correct your social security or tax identification number, send us a letter explaining the reason for the change, along with a completed IRS Form W-9

Note: If you change your home address, we will not send any funds to the new address for (15) fifteen days. This allows us to confirm the address change and help to protect your account from fraud. Contact us directly if you need funds sent to your new address within (15) fifteen days.

Can I change my username?

Once set, you cannot change your username.

How do I change my account or Folio information?

1. Select the Settings link

2. Scroll down to the Account Information section and select the account or folio information you would like to change

You can make the following changes to your account and folio information:

– Account Name or Folio Name
– Cancel Order Limit
– Beneficiaries
– Security Exclusions
– Close Account
– Viewing Preferences

How do I close an account?

If an account has never held any cash or securities, you can easily delete it by following the steps below. You will not be able to access the deleted account again.

1.Select the Settings link
2.Scroll down to and select the Close Account link and then follow the on screen instructions


Contact us to close an account that has been funded.

How do I change my dividend reinvestment settings?

We allow for automated reinvestment of cash distributions, such as dividends, of $1 or more for all of the securities that are held in a folio. You can have either all securities in a folio reinvested, or all pay out in cash.

 

To change your reinvestment preference:

1.Select the Settings link
2.Scroll down to the Distribution Investment link to change your dividend reinvestment preferences for each folio

How do I allow others access to my accounts?

To grant, change, or delete access to your accounts, select the Authorized Access link on the right side of your Settings page, then select Grant Access and follow the instructions.

Account access can only be granted to current customers. The person or entity that you wish to grant account access to, such as your accountant or accounting firm, can open an account for no cost or obligation. As long as they do not fund that account, they would not incur any charges associated with the pricing plan they selected in the account opening process.

For accounts held with Axos Clearing:

How do I establish an account with your firm?

The first and most important step is to contact a Cambria advisor to determine if you should set up a commission-based or fee-based account.  Please click here to select which type of account you would like to open.  A cover sheet with a checklist of the required items is on the first page of each account application.

How do I fund my account?

Once your account is opened, you will be assigned an account number.  You can fund your account by check or wire transfer.   Please click here to receive detailed payment instructions.

How do I transfer my existing account with another brokerage firm to your firm?

First, you will need to set up an account with Cambria.  Once your account is set up we will need the most recent copy of your brokerage account statement from the firm you are transferring the assets from.  In addition, we will have you sign an account transfer form “ACAT.”  Once the ACAT form is signed the assets will generally take about 3-5 business days to move over.

Must I sell everything and transfer only cash for you to manage my account?

No. In most cases, we can accept transfers of all the securities in your account. We would prefer that you transfer the securities to your new account with us, as we can help determine which assets to hold and will execute any necessary trades.

How do I change my address, telephone number or email address on my account?

Cambria will need written instructions to change any of the above.  Please click here for the appropriate form.  You may fax, mail or email a scanned copy of the changes to your representative.

Why might I need investment management services?

In today’s demanding and hectic world, many time-challenged investors choose professional management as the most effective means of building and preserving their assets. Our clients shift the decision-making process (what to buy and sell and when to do it) and burden of continuously monitoring their investments to our team of professionals, and value our independent and unbiased research. At Cambria Capital, our highly experienced staff is dedicated to meeting your financial needs.

What are the advantages of a privately managed account?
Privately managed accounts award you several advantages. They offer you a personalized portfolio created specifically for your unique situation.

At Cambria Capital, you have greater access to your portfolio manager than in the case of a pooled account, and you receive; trade confirms, monthly custodian statements, and quarterly portfolio summaries. Pooled accounts do not send trade confirms, so you are unable to monitor the activity in your account. Reports are typically prepared semi-annually and fund managers are not available to answer questions.

We manage your account with an eye towards your specific tax situation. We have the ability to harvest losses and avoid certain taxable events such as short-term gains. Pooled accounts may be disadvantaged when it comes to taxes as they may pay out capital gains each year, and may not distribute capital losses.

For accounts held with Vision Financial Markets:

How do I establish an account with your firm?

The first and most important step is to contact a Cambria advisor to determine if you should set up a commission-based or fee-based account.  Please click here to select which type of account you would like to open.  A cover sheet with a checklist of the required items is on the first page of each account application.

How do I fund my account?

Once your account is opened, you will be assigned an account number.  You can fund your account by check or wire transfer.   Please email your Cambria representative to receive detailed payment instructions.

How do I transfer my existing account with another brokerage firm to your firm?

First, you will need to set up an account with Cambria.  Once your account is set up we will need the most recent copy of your brokerage account statement from the firm you are transferring the assets from.  In addition, we will have you sign an account transfer form “ACAT.”  Once the ACAT form is signed the assets will generally take about 3-5 business days to move over.

Must I sell everything and transfer only cash for you to manage my account?

No. In most cases, we can accept transfers of all the securities in your account. We would prefer that you transfer the securities to your new account with us, as we can help determine which assets to hold and will execute any necessary trades.

How do I change my address, telephone number or email address on my account?

Cambria will need written instructions to change any of the above.  Please click here for the appropriate form.  You may fax, mail or email a scanned copy of the changes to your representative.

General Questions:

What is a REIT?

A real estate investment trust, or REIT, is a corporation, trust or association that owns (and might also manage) income-producing real estate. REITs pool the capital of numerous investors to purchase a portfolio of properties—from office buildings and shopping centers to hotels and apartments, even timber-producing land—which the typical investor might not otherwise be able to purchase individually.

REITs can offer tax advantages. For instance, qualified REITs that meet Internal Revenue Service requirements can deduct distributions paid to shareholders from corporate taxable income, avoiding double taxation. The REIT must also distribute at least 90 percent of its taxable income to shareholders annually. These distributions are taxable to the extent of any ordinary income and capital gains included in the distribution.

There are two types of public REITS: those that trade on a national securities exchange and those that do not. REITs in this latter category are generally referred to as publicly registered non-exchange traded, or simply non-traded REITS.

What is restricted stock?

Stock issued directly from a company that is not fully saleable until certain conditions have been met. Upon satisfaction of those conditions, the stock becomes saleable by the person holding the security.

What is Rule 144?

When you acquire restricted securities or hold control securities, you must find an exemption from the SEC’s registration requirements to sell them in the marketplace. Rule 144 allows public resale of restricted and control securities if a number of conditions are met.

What is a 10b5-1 Selling Plan? 

Sec Rule 10b5-1 allows officers and directors the flexibility to sell stock at all times, not just during open trading windows.  Often executives are hampered by blackout periods and other types of insider trading regulations.

What is a Registration Statement?

A set of documents that discloses important financial information regarding the registration of securities, including a prospectus, which is filed the SEC so the shares can be sold under certain conditions in the public markets.

What is a PIPE, IPO, private placement or secondary offering?

A PIPE, also known as a Private Investment in Public Equity, is a way for companies to raise capital in the public markets in timely and most cost efficient manner.  An IPO, also known as an initial public offering, is the first time a company issues shares to go public.  A private placement is an offering of securities that are not registered with the SEC.  A secondary offering is the issuance of shares from a company that has already done its initial public offering (IPO).

What are options?

An option is a contract written by a seller that gives the buyer the right, but not the obligation to buy or sell a particular security over a specific amount of time.

What is a dividend?

Are payments made by companies to it shareholders from the profits of their business.

What is an ex-dividend and record date?

The ex-dividend date is the day on which all shares bought or sold no longer have the right to pay a shareholder the most recently declared dividend.  The record date is the day shareholders properly registered to receive their dividend.  Shareholders who do not register as of this date will not receive the dividend.

What are fixed income securities?

Securities that yield a regular or fixed return. Bonds, preferred stock and government issued instruments are all types of fixed income securities.

What is the major differences between common and preferred stock?

Preferred stockholders have greater claim to the company’s assets and earnings than common shareholders.  Second, the preferred stockholders dividends are generally different and greater than the common shareholders.

What is an Accredited Investor?

Accredited investors are persons who, due to their income and/or net worth, are deemed to have a level of financial sophistication such that they require a lesser level of protection under the federal securities laws. With regard to individuals, a person shall be deemed to be accredited if they meet at least one of the following categories:

Any director, executive officer, or general partner of the issuer of the securities being offered or sold, or any director, executive officer, or general partner of a general partner of that issuer;

Any natural person whose individual net worth, or joint net worth with that person’s spouse, at the time of his purchase exceeds $1,000,000, exclusive of residence; or

Any natural person who had an individual income in excess of $200,000 in each of the two most recent years or joint income with that person’s spouse in excess of $300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year.

What is The JOBS Act?

Written with the intent to encourage funding of small businesses during the initial public offering process, the Jumpstart our Business Startups Act (the “JOBS Act”), as signed by President Obama on April 5, 2012, reduces the regulatory burden on small companies seeking to raise capital in the U.S. through revisions to the Securities Act of 1933 (the “Securities Act”) and the Securities Exchange Act of 1934 (the “Exchange Act”). As a result, smaller issuers can now take advantage of improved opportunity for public financing and development during their initial years as a public company.  Private companies also benefit from the JOBS Act as a result of several changes to the Securities Act, including the ability to generally solicit and advertise in connection with private placements of securities.

What is Suitability?

Suitability is the determination that a particular investment strategy meets the objectives and means of an investor. It goes beyond just the financial resources of an investor to participate as an accredited investor in, for example, a private placement, but also encompasses the appropriate knowledge and understanding of risk. Investing in the stock market is speculative and investors should understand the risks associated with the investment and what is suitable for their investment objectives. Before making any investment in a Cambria Capital placed offering, an investor needs to establish his or her investment profile and to consider, for each investment, the product or strategy’s investment objectives, characteristics, liquidity risks and potential benefits, volatility and likely performance in a variety of market and economic conditions.

What are the risks of trading and investing?

All securities trading, whether in stocks, options, or other investment vehicles, is speculative in nature and involves substantial risk of loss.

Cambria Capital encourages its Customers to invest carefully and to use the information available at the websites of the SEC at http://www.sec.gov and FINRA at http://FINRA.org

Customers can review public companies’ filings at the SEC’s EDGAR page. FINRA has published information on how to invest carefully at its website. Cambria Capital believes it is very important that every Customer understands all of the risks of any form of trading or investing prior to trading or investing real dollars. Past performance is not necessarily indicative of future results. By investing their money in securities through Cambria Capital, Customers are taking full responsibility for all trading actions, and should make every effort to understand the risks involved including suitability. For additional information on suitability, please review the Suitability FAQ section.

What is SIPC or Supplemental Insurance?

Member of SIPC, which protects securities customers of its members up to $500,000 (including $200,000 for claims for cash). Explanatory brochure is available upon request or at www.sipc.org.

Cambria Capital, LLC clears its brokerage business through Folio Investments and Axos Clearing. In addition to SIPC coverage, our clearing firm, Folio Investments, has also purchased from certain underwriters at Lloyds supplemental customer securities insurance with a total aggregate limit of $50 million. This coverage is limited to a combined return of $10 million to any customer from SIPC and certain underwriters at Lloyds. Axos maintains an insurance policy through Lloyd’s of London, which provides account coverage up to $24.5 million (including up to $900,000 in cash) per client as defined by SIPC rules. In short, combining the SIPC and Axos’ Lloyd’s of London coverage results in account protection up to a total of $25 million per client (as defined by SIPC rules) including up to $1 million for cash balances. Neither SIPC nor the insurance coverage protect against losses resulting from a decline in the market value of securities.

What is the difference between Reg D 506(b) and Reg D 506(c)?

Rule 506(c) is a new exemption that originated from the JOBS Act that allows general solicitation and general advertising in connection with private placements of securities. Rule 506(b) is the exemption that companies have used for decades to raise capital from pre existing relationships without the use of any advertising or general solicitation. Companies can now choose between 506(b) or 506(c). The main difference with 506(c) is the higher standard for ensuring that every investor is accredited. For both 506(b) and 506(c), you should have a “reasonable belief” that an investor is accredited before accepting their investment. With 506(b), founders often take the investors own word, and take relatively few steps toward verifying it. That standard isn’t good enough for 506(c); you must also take “reasonable steps” to verify that your investors are accredited which include review of financial statements, tax returns or professional letters from lawyers, CPAs, registered investment advisers or brokers. If the rules of 506 (c) are not properly followed, the violation can lead to a one year hold on your fundraising efforts and a return of capital to investors.

For more, visit www.sec.gov/info/smallbus/secg/general-solicitation-small-entity-compliance-guide.htm

CONTACT

 

WE WOULD LOVE TO HEAR FROM YOU

SALT LAKE CITY, UT

MAIN OFFICE
488 E. Winchester St.
Suite 200
Salt Lake City, UT 84107
Toll Free: (877) 226-0477
Main: (801) 320-9606

Fax: (801) 320-9610
info@cambriacapital.com

LAGUNA BEACH, CA

1461 Glenneyre Street
Suite D
Laguna Beach, CA 92651
Toll-Free: (866) 209-1955

Fax: (866) 209-1386

DENVER, CO

7000 South Yosemite Street
Suite 202
Centennial, CO, 80112
Toll Free: (877) 226-0477

NEW YORK, NY

1450 Broadway

26th Floor
New York, NY 10018
Phone: (212) 732-7184

PLACENTIA, CA

101 S. Kraemer Blvd,
Suite 204
Placentia, CA 92870
Toll-Free: (800) 458-9242

Cambria Capital, LLC.

 

Member                |
 

Check the background of this firm on FINRA's BrokerCheck 
 

Regulation A+ offerings have two phases – a pre-qualification phase and a post-qualification phase. Qualification is the term used by the SEC to indicate that the offering has been reviewed by the SEC and securities may be sold. During the pre-qualification phase, you may reserve securities to be purchased at a later date. All reservations are non-binding. A company will only be able to make sales of securities to you after it has filed an offering statement with the SEC and the SEC has qualified the offering statement. The Information in that offering statement will be more complete than the information that the company is providing to you prior to qualification and it could differ in important ways. You must read the offering statement and documents filed with the SEC before investing in any of the companies listed on our website. Unless the offering statement has been qualified, no money or other consideration is being solicited, and if sent, will not be accepted. No sales will be made or commitments to purchase accepted until the offering statement is qualified. 

By accessing this site and any pages thereof, you agree to be bound by its Terms of Use and Privacy Policy, as may be amended from time to time without notice or liability. 

Although the information provided to you on this site is obtained or compiled from sources we believe to be reliable, the content of this website is provided “as is" without warranty of any kind (either express or implied). 

Financial products listed on this website are only available to residents in the states where Cambria is registered. 

Neither the SEC nor any state regulator or other regulatory body has passed upon the merits of or given its approval to the securities, the terms of the offerings, or the accuracy or completeness of any offering materials or information posted on the site. 

Investments in Regulation A+ offerings are speculative and may involve a high degree of risk. Investors may receive illiquid stock that may have little to no secondary market. There can be no assurance the valuation is accurate or in line with the market or industry valuations. 

Securities sold through private placements are not publicly traded and are intended for investors who do not have a need for a liquid investment. Additionally, investors in private placements will receive restricted stock that will be subject to holding period requirements. 

 

Companies offering securities in Regulation A offerings and private placements tend to be in the earlier stages of development and have not yet been fully tested in the public marketplace. Investing in Regulation A+ offerings and private placements requires high risk tolerance, low liquidity concerns, and long-term commitments. Investors must be able to afford to lose their entire investment.