Chokshi & Queen Wealth Advisors

Chokshi & Queen Wealth Advisors is a San Diego-based registered investment advisor providing wealth management services to individuals and high-net-worth...

Chokshi & Queen Wealth Advisors

Chokshi & Queen Wealth Advisors is a San Diego-based registered investment advisor providing wealth management services to individuals and high-net-worth families. The firm functions under the fiduciary standard, legally obligating its advisors to prioritize client interests above their own when recommending investment products and strategies. This structure is a deliberate separation from the suitability standard governing broker-dealers. The firm's investment strategy emphasizes asset allocation and portfolio construction tailored to individual financial goals, risk tolerance, and time horizons. Client assets are typically directed into a mix of low-cost exchange-traded funds, institutional mutual funds, and individual equities and bonds. While direct private equity or venture commitments are not a core advertised function for this type of local RIA, its portfolio construction spans public equities, fixed income, and cash management. The geographic footprint remains concentrated in the Southern California market, serving professionals and retirees within the regional economy. Details on the firm's total regulatory assets under management, advisory headcount, and specific executive leadership beyond the named principals are not publicly broken out in firm-specific press. Like many independent fee-only RIAs, operational scale is likely modest, with assets custodied at a third-party platform such as Schwab or Fidelity, a common operational topology for independent advisors. The firm's entity structure and Form ADV filings, maintained with the SEC or state regulator, provide the technical operational boundaries of its business. A structural differentiator for local registered investment advisors like Chokshi & Queen, compared to wirehouse or bank-channel wealth managers, is the absence of internal investment banking or proprietary product manufacturing pressures. This architecture eliminates sales quotas tied to in-house funds and allows the advisor relationship to be the sole revenue driver, with compensation coming entirely from transparent advisory fees paid directly by the client rather than transaction commissions or kickbacks from fund companies.

Website

chokshiqueen.com

linkedin.com/company/cq-wa

General information

Firm type

Bank / Wealth / Trust

Year founded

2021

AUM

Undisclosed

Location

Region

North America

Country

United States

City

San Diego

Corporate office

San Diego, CA, United States

Is Chokshi & Queen Wealth Advisors a fiduciary?

As a registered investment advisor, the firm is bound by the fiduciary standard under the Investment Advisers Act of 1940. This legally requires its advisors to act in the best interest of their clients, disclosing any material conflicts of interest and placing client needs ahead of their own compensation considerations. This differentiates the firm's model from broker-dealer representatives who typically operate under a less stringent suitability standard.

How does the firm structure its fees?

Independent RIAs like Chokshi & Queen typically charge a fee based on a percentage of assets under management, providing direct alignment between the firm's revenue and client portfolio performance. This avoids the commission-based transaction model that can create an incentive to sell higher-margin products regardless of client fit. The exact fee schedule would be detailed in the firm's Form ADV Part 2A, disclosed to all clients.

Where are client assets custodied?

For independent advisory firms of this structure, client assets are nearly always held by a third-party qualified custodian—commonly Charles Schwab, Fidelity, or Pershing—rather than by the advisor directly. This separation is a key regulatory safeguard under the SEC's Custody Rule, ensuring an independent statement of holdings is sent directly to the client for verification, reducing the risk of misappropriation.

Does the firm offer access to alternative investments or private markets?

Traditional retail-focused RIAs generally do not sponsor direct private equity or hedge fund vehicles. A firm like Chokshi & Queen typically focuses on liquid, publicly traded securities such as stocks, bonds, and ETFs. Any access to alternative investment vehicles would be limited and would require an elevated degree of due diligence, extensive risk disclosure, and higher accredited-investor thresholds for qualified purchasers.

What is the significance of the firm being an SEC or state-registered RIA?

Registration mandates compliance with a strict regulatory framework designed for investor protection. The firm's Form ADV, a publicly accessible disclosure document, contains granular detail on the business structure, disciplinary history, services offered, and fee schedules. This transparency allows a prospective client to verify the exact nature of the firm's authority to conduct business before committing assets.

Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: Jun 3, 2026. Continuous refresh with full update cycles at least every 30 days.