Established in 1987, Alamo Capital is a Broker/Dealer located in Walnut Creek, California. With over 30 years of specializing in tax-exempt investments our aim is to provide timely and efficient executions of investment transactions for our retail, institutional and wholesale clientele.
What is Alamo Capital?
Alamo Capital is a brokerage firm offering a wide range of investment services, including trading in bonds, stocks, options, and mutual funds. The firm is known for its robust research resources and comprehensive customer service. Two major pros of Alamo Capital are its extensive fixed income products and dedicated bond trading platform, BOLTS. However, a significant con is the lack of futures and cryptocurrency trading options.
Pros and Cons of Alamo Capital
Alamo Capital excels in offering a wide range of fixed income products and provides a dedicated bond trading platform (BOLTS). However, it lacks futures and cryptocurrency trading options, which might be a limitation for some investors.
Is Alamo Capital safe?
Alamo Capital ensures the safety of its operations and clients' funds through stringent regulatory compliance and robust safety measures. Regulated by the Financial Industry Regulatory Authority (FINRA) in the United States, with license numbers CRD#: 26193 and SEC#: 8-42293, Alamo Capital also holds membership with the Securities Investor Protection Corporation (SIPC), providing limited protection to clients in case of broker-dealer insolvency. Client funds are held in segregated accounts and transactions are cleared through RBC Clearing & Custody, a division of RBC Capital Markets LLC, known for its financial strength and reliability. Additionally, Alamo Capital files monthly and quarterly FOCUS reports with the SEC to ensure compliance and transparency. These measures collectively ensure the comprehensive safety and reliability of Alamo Capital for its clients.
What are securities to trade with Alamo Capital
Alamo Capital offers a comprehensive range of trading securities, including various bonds and fixed income products such as agency bonds, bond ETFs, Build America Bonds, municipal bonds, corporate bonds, California bonds, high yield bonds, mortgage-backed securities (MBS) and collateralized mortgage obligations (CMOs), zero coupon bonds, and structured products. In the equities segment, they provide trading in stocks, options, mutual funds, and money markets. Additionally, Alamo Capital offers access to U.S. Treasuries, including Treasury bills, notes, bonds, and Treasury Inflation-Protected Securities (TIPS). However, the firm does not offer futures or cryptocurrencies. This extensive selection of products ensures that investors have a wide array of options to meet their diverse investment needs.
Alamo Capital Accounts
Alamo Capital provides a comprehensive selection of account types designed to meet the varying needs of different investors. These include General Accounts, which encompass a range of options such as Corporate Brokerage Accounts, Custodial Accounts, Exempt Accounts, Individual Accounts, Joint Accounts, Non-Corporate Organization Accounts, and Partnership Accounts. For those saving for higher education, Alamo Capital offers College Savings plans like the Coverdell Education Savings Account and the College 529 Savings Plan. Additionally, they provide several Individual Retirement Accounts (IRAs), including IRA Rollover, Inherited IRA, Roth IRA, Traditional IRA, and accounts like the 401(K) and Keogh Plan. For businesses looking to set up retirement plans, options include a 401(K) for the self-employed, Defined Benefits Plan, Money Purchase Plan, Profit Sharing Plan, SEP Account, and SIMPLE Account, catering to the varied retirement planning needs of their clients.
Alamo Capital App Review
Alamo Capital offers the Bonds Online Trading System (BOLTS), a dedicated platform for trading bonds. BOLTS provides users with a seamless online experience to manage and execute bond transactions efficiently. This system enhances accessibility and convenience for investors looking to trade fixed income securities.
Research and Eduation
Alamo Capital provides a variety of resources to support investor education and research:
- News & Announcements: Updates on financial news and company announcements.
- Bond Ratings: Information on the credit ratings of various bonds.
- Bond Swapping: Guidance and strategies for bond swapping to optimize portfolios.
- Financial Calculators: Tools for financial planning and investment analysis.
- Taxable Equivalent Yield Tables: Tables to help investors compare taxable and tax-exempt yields.
- Bond Essentials: Fundamental information about bonds, including types, benefits, and risks.
- Video Gallery: Educational videos on various financial topics.
Customer Service
Alamo Capital offers comprehensive customer service through various departments to address specific client needs. The headquarters is located at 201 N Civic Drive, Suite 180, Walnut Creek, CA 94596. Clients can contact the main office at (877) 682-5266 or (925) 472-5700, or via fax at (925) 472-3909. For email inquiries, clients can reach out to information@alamocapital.com.
Department Contacts
- Institutional: (925) 472-5730
- Operations: (925) 472-5740
- Retail Sales: (925) 472-5700
- Trading: (925) 472-5720
Conclusion
Alamo Capital is a well-rounded brokerage firm offering a wide range of investment products and services. Its strengths lie in its extensive fixed income offerings and dedicated bond trading platform (BOLTS). However, the absence of futures and cryptocurrency trading options may be a drawback for some investors. Overall, Alamo Capital provides a reliable and secure environment for trading and investment.
FAQs
Is Alamo Capital safe to trade?
Yes, Alamo Capital ensures safety through stringent regulatory compliance, segregated client funds, and robust safety measures.
Is Alamo Capital a good platform for beginners?
Alamo Capital offers comprehensive services and resources that can be beneficial for beginners, although the lack of certain trading options might be a consideration.
Is Alamo Capital good for investing/retirement?
Yes, Alamo Capital provides a range of account types and investment options suitable for long-term investing and retirement planning.
Risk Warning
The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.