Cloak Advisors
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Cloak Advisors provides discretionary portfolio management to individuals, high net worth clients, and profit-sharing plans, generally requiring a $100,000 minimum; its Form ADV notes approximately $35 million in discretionary assets under management and a small, concentrated client base. Clients receive ongoing advisory services and custodial account statements, and the firm performs account reviews at least quarterly.
The firm’s investment approach emphasizes fundamental analysis and long-only strategies implemented through equally weighted equity and balanced portfolios, with discretion to select securities consistent with each client’s stated objectives. Cloak Advisors typically recommends Interactive Brokers as the executing broker-dealer and describes regular account reviews that may be triggered by client circumstances or market events.
Compared with many peers, the brochure discloses additional financial-industry activities and affiliations and indicates the firm engages in or is connected with licensed real estate and insurance activities and affiliated firms, and it makes performance results available in its public materials — features that are statistically uncommon for similar supported firms. These affiliations and the firm’s public performance information are noted in the firm’s disclosures (see Items 10 and related sections) and may introduce additional products and potential conflicts that the firm addresses in its policies.
Client services
Expertise
Fee options
1.5% annually
Account minimum: $100,000
Main office
See office2701 San Pedro Dr NE, Suite 16
Albuquerque NM 87110
Advisors at this office
1
Offices (2)
Most active in
New Mexico · Texas
Also doing business as
Cloak Advisors · Cloak And Company Investment Advisors, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Real estate agent
They facilitate real estate transactions and may earn commissions.
Is not active or affiliated with:
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Advisors at this firm
Chelsea N
Series 65
Frisco, TX
Cloak Advisors
Chelsea Niestrom is a financial advisor at Cloak Advisors in Frisco, TX. She holds a Series 65 designation and has been with Cloak Advisors since 2026. Prior to that, she worked at Vaco by Highspring for nine years. Cloak Advisors provides discretionary portfolio management to individuals, high net worth clients, and profit-sharing plans, managing approximately $35 million in discretionary assets. The firm focuses on fundamental analysis and long-only strategies across equity and balanced portfolios, conducting regular account reviews and maintaining a small, concentrated client base.
John C
Series 63
Albuquerque, NM
Cloak Advisors
John Cloak is a financial advisor at Cloak Advisors with 41 years of industry experience. He holds a Series 63 designation and has worked at firms including Morgan Stanley DW Inc., Mutual Securities Inc., and Interactive Brokers LLC. Outside of his advisory work, he is a silent partner with First Street Properties, LLC. Cloak Advisors provides discretionary portfolio management to individuals, high net worth clients, and profit-sharing plans, focusing on fundamental analysis and long-only strategies through equally weighted equity and balanced portfolios. The firm manages approximately $35 million in discretionary assets and conducts regular account reviews.
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