Alakai Securities Inc.

The firm operates as a single‑advisor independent registered investment adviser and provides financial planning and consulting to individuals, high‑net‑worth clients, trusts, estates and business entities. It also acts as a solicitor by referring clients to a third‑party money manager through the Morgan Stanley Professional Alliance rather than providing ongoing discretionary portfolio management itself.

Financial planning services include full written plans (addressing asset allocation, insurance planning, investment and retirement planning, risk management and tax planning), modular plans limited to agreed topics, and one‑time or as‑needed consultations; these planning engagements generally do not include implementation or continuous monitoring unless a client separately engages a third‑party manager. When a third‑party manager is engaged, the firm serves as a communication conduit, does not take custody or trading authority over client accounts, and the third‑party manager collects fees and remits a portion to the firm under a solicitor arrangement.

Noteworthy distinctions versus many peers include formal affiliations with affiliated accounting and insurance businesses and a principal who holds a CPA license, so clients may be referred to affiliated accounting or insurance services (including annuities) that can generate commissions or incentive compensation. The firm is recently registered (initial application filed April 2023), does not itself provide portfolio management for individuals, and does not rely on percentage‑of‑assets‑under‑management fee arrangements, while offering a referral program tied to a single third‑party manager, which presents potential conflicts of interest.