Babak Gahvari
CANTER WEALTH
La Jolla, CA 92037
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CRD#: 5252172
Professional summary
Babak Gahvari, AIF®, CFP®, who also goes by Bobby Gahvari, is a registered financial advisor currently at CANTER WEALTH located in La Jolla, California.
Babak is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2007. Babak has worked at 4 firms and has passed the Series 63 and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Bobby Gahvari
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
Landlord/rental property: Single family rental unit, 11743 Kiouk Ave., #102, CA 90049, 100% owner, 05-25-17, 0 hrs. devoted to other business during securities trading hours, rental unit management.
Canter Wealth HoldCo, LLC is an owner of Canter Wealth. Canter Wealth HoldCo, LLC is wholly owned by The Canter Group, LLC. The Canter Group, LLC is wholly owned by Canter Holdings, LLC, which is wholly owned by Andrew E. Canter, through a Trust. The Canter Group, Inc. d/b/a Canter Companies, a firm located at 655 West Broadway, Suite 1650, San Diego, CA 92101, provides real estate services (including brokerage, development, and private equity transactions) to clients. The Canter Group operates a range of businesses through controlled entities, collectively referred to as the "Canter Companies," which are described below. The Canter Companies' activities may be material to the business of Canter Wealth and its clients, particularly if clients of Canter Wealth also use the services of one or more of the Canter Companies. Canter Wealth Advisory clients should be aware that when they are using the services of affiliated entities of Canter Wealth, such services are not provided by Canter Wealth, are subject to separate contractual arrangements, and are not part of the advisory services provided by Canter Wealth. Moreover, the protections afforded to a client under applicable investment advisory laws and regulations generally do not apply to the services provided by non-advisory affiliates. The referral arrangements between Canter Wealth and its affiliates and vice versa may present conflicts of interest since personnel associated with the Canter Companies may have a financial incentive to recommend affiliates over other unaffiliated firms. Canter Wealth recommends clients use these related entities' services and products, and certain persons associated with the Canter Companies may refer their non-advisory clients to Canter Wealth. Through these related entities, employees, management personnel, and Canter Wealth owners receive additional compensation, including a portion of the advisory fees paid to Canter Wealth. The following are affiliated businesses owned and operated by the Canter Companies: Canter Management, a wholly-owned subsidiary of The Canter Group, is in the business of managing real estate investment, Canter Capital, a wholly-owned subsidiary of The Canter Group, seeks investment opportunities related to Venture Capital, Private Equity, and Private Real Estate Investments, Canter Development, a wholly-owned subsidiary of The Canter Group, is a real estate developer currently active in the San Diego market, and Canter Brokerage, a wholly-owned subsidiary of The Canter Group, is a licensed real estate broker. From time to time, Mr. Gahvari may offer clients advice or products from Canter Companies or another firm, which has been disclosed, above. Clients should be aware the potential for receipt of commissions and other compensation from the above listed outside business activities can create a conflict of interest and can provide an incentive for them to recommend advice or products based on compensation to be received rather than on client needs. Canter Wealth addresses this conflict of interest by requiring him to disclose the above relationship(s) to clients. He satisfies this requirement by advising clients of the nature of the transaction or relationship, noting his role in the transaction and relationship, and disclosing any compensation to be received by him before transaction execution. Mr. Gahvari acts in the best interest of clients. Clients are always in no way required to utilize the services of any Advisor Representative of Canter Wealth regarding such individual's activities outside of Canter Wealth.
CRS (Client Relationship Summary) - RIA
Click below to view Babak Gahvari's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
CFP®
Start date: 2011
Experience
Current
May 30, 2017 - Present
CANTER WEALTH
Office #1: 7825 Fay Avenue Suite 140, La Jolla, CA 92037RIA
CRD#: 167828
La Jolla, CA
Past
January 28, 2014 - May 23, 2017
PURE FINANCIAL ADVISORS, LLC
RIA
CRD#: 144316
SAN DIEGO, CA
Past
September 13, 2011 - January 28, 2014
DIMENSIONAL FUND ADVISORS LP
RIA
CRD#: 106482
AUSTIN, TX
Past
February 13, 2007 - January 28, 2014
DFA SECURITIES LLC
BD
CRD#: 10292
SANTA MONICA, CA
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
CW
CANTER WEALTH
CANTER PRIVATE WEALTH MANAGEMENT | TAX & RETIREMENT EDUCATION | D/B/A CANTER WEALTH | CANTER WEALTH | CANTER STRATEGIC WEALTH MANAGEMENT, LLC
CRD#: 167828 / SEC#: 801-117802
RIA
Registered Investment Advisory firm - (12/17/2019 Approved)California
Registered Investment Advisory firm - (2/13/2021 Terminated)Texas
Registered Investment Advisory firm - (1/14/2021 Terminated)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.Highlighted states indicate IAR registrations
IAR
California(5/30/2017)
IAR
Texas(1/10/2022)
Exams
State Security Law Exam
General Industry/Product Exam
Current Firm
CW
CANTER WEALTH
CANTER PRIVATE WEALTH MANAGEMENT | TAX & RETIREMENT EDUCATION | D/B/A CANTER WEALTH | CANTER WEALTH | CANTER STRATEGIC WEALTH MANAGEMENT, LLC
CRD#: 167828 / SEC#: 801-117802
RIA
Registered Investment Advisory firm - (12/17/2019 Approved)California
Registered Investment Advisory firm - (2/13/2021 Terminated)Texas
Registered Investment Advisory firm - (1/14/2021 Terminated)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
7825 Fay Avenue Suite 140, La Jolla, CA 92037
Mailing Address
Phone number
(858) 812-7550
Established
Firm type
Fiscal year end
# of Employees
11
SEC notice filing (6 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 258 |
| AUM (Assets Under Management) | $ 275,846,754 |
Red Flags
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Check for any disclosures as part of your thorough research when choosing an advisor.
