SA
Salvador B. Abarca
CHIMERA WEALTH
Gold River, CA
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CRD#: 6247916
SA
Professional summary
Salvador Barrales Abarca, who also goes by Salvador Barreles Abarca, is a registered financial advisor currently at CHIMERA WEALTH located in Gold River, California.
Salvador is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2013. Salvador has worked at 3 firms and has passed the Series 66, Series 7TO, SIE and Series 7 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Salvador Barreles Abarca
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.
Salvador Barrales Abarca is an independent licensed insurance agent. Owner; Colibri Rising, LLC; Investment Related: Yes; Location: 1704 30th Ave S; Description of the business: This is my personal entity which holds my 50% ownership interest of Chimera Wealth. Colibri Rising, LLC also holds direct investments (seed rounds) that I've made into other companies. Activities through Colibri Rising may include, but not limited to, advisory, consulting, and fundraising services for start-ups.; Responsibilities Duties: These consulting services consist of reviewing business materials (websites, pitch decks, business plans, etc.), providing guidance for private capital raising, and investor outreach. None of the businesses I consult with will be recommended to clients. This only takes ~2hrs a week of my time (usually less).; Start date with business: 2021-01-01; Hours devoted to business during trading hours: 0; Hours devoted to business outside trading hours: 6; Percentage of total yearly compensation expected to be derived from the business: 100; Minority Stakeholder; Kuler, LLC; Investment Related: No; 1309 Coffeen Ave Ste 1200 Sheridan Wyoming 82801 United States; Fabric Start-up Company: Will be selling/licensing specialized fabric to certain retailers. Company may develop own consumer brand to sell internationally.; Responsibilities Duties: Consult/providing advice on efficient management of business finances, negotiation and finalization of strategic partnerships & contracts.; Start date with business: 2022-10-03; Hours per month devoted to business during trading hours: 0; Hours per month devoted to business outside trading hours: 10; Percentage of total yearly compensation expected to be derived from the business: 0; Minority Stakeholder; Weltio LLC; investment related: Yes; Location of the business: 8 The Green, Suite A Dover DE 19901 USA; Description of the business: Weltio has a mission to support the creation of generational wealth in Latin America. Weltio is a trading platform that lets users open an account in US dollars and lets them invest in stock exchanges and cryptocurrencies.; Responsibilities Duties: Serve as an expert advisor, including: meet with Company management, employees, consultants and other advisory board members, review goals of the Company and help develop strategies to achieve them, provide advice regarding the Company's business model, timely respond to e-mail messages and phone calls, facilitate introductions to potential partners, prospects and other relevant contacts and speak with prospective or current investors to validate the Company's strategy, as well as attend Company advisory board meetings at such times and locations as the Company requests; and otherwise collaborate and provide advice and assistance to the Company per mutual agreement.; Start date with business: 2023-06-09; Hours per month devoted to business during trading hours: 0; Hours per month devoted to business outside trading hours: 10; Percentage of total yearly compensation expected to be derived from the business: 0; Nectar Group; 850 New Burton Road, Suite 201 Dover Delaware 19904, Position Title: Director; Start date with business: 2025-11-01; Hours per month devoted to business during trading hours: 40; Hours per month devoted to business outside trading hours: 40; Percentage of total yearly compensation expected to be derived from the business: 30;
CRS (Client Relationship Summary) - RIA
Click below to view Salvador Barrales Abarca'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®
NoneExperience
Current
December 22, 2020 - Present
CHIMERA WEALTH
RIA
CRD#: 311674
Gold River, CA
Past
June 9, 2015 - July 9, 2020
AMERIPRISE FINANCIAL SERVICES, LLC
RIA
CRD#: 6363
BELLEVUE, WA
Past
June 9, 2015 - July 9, 2020
AMERIPRISE FINANCIAL SERVICES, LLC
BD
CRD#: 6363
BELLEVUE, WA
Past
December 18, 2013 - June 10, 2015
WADDELL & REED
RIA
CRD#: 866
SACRAMENTO, CA
Past
November 21, 2013 - June 10, 2015
WADDELL & REED
BD
CRD#: 866
SACRAMENTO, CA
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(12/22/2020)
IAR
Texas(2/2/2022)
IAR
Washington(4/21/2021)
Exams
State Security Law Exam
General Industry/Product Exam
RR
Series 7TO
Date: 1/21/2024
General Securities Representative ExaminationGeneral Industry/Product Exam
General Industry/Product Exam
Current Firm
CW
CHIMERA WEALTH
CHIMERA WEALTH | CHIMERA WEALTH LLC
CRD#: 311674 / SEC#:
California
Registered Investment Advisory firm - (12/22/2020 Approved)Texas
Registered Investment Advisory firm - (1/27/2022 Conditional Restricted)Washington
Registered Investment Advisory firm - (4/21/2021 Approved)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
Gold River, CA
Mailing Address
6650 Fair Oaks Blvd #155, Carmichael, CA 95608
Phone number
(707) 582-0007
Established
Firm type
Fiscal year end
# of Employees
2
Regulatory assets under management
| Total Number of Accounts | 127 |
| AUM (Assets Under Management) | $ 10,906,612 |
Red Flags
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