Cedar Wealth Management, LLC (the "Advisor" or “We”) is organized as a limited liability company that is wholly owned by Neil Jubaili. Prior to reorganizing as a limited liability company in January 2014, Neil Jubaili dba Cedar Wealth Management received an investment advisor license from the California Department of Business Oversight as a sole proprietor in July 2013.
Cedar Wealth Management, LLC provides 2 separate investment styles. One, provided under the Cedar Wealth Management, LLC flag is provided by Neil Jubaili, managing member. Information about this style is provided in this brochure.
Vittorio Fratta provides the inspiration for, and is Chief Investment Officer of, Cedar Wealth Management LLC's Cedar Asset Management division. Information about this style is provided in a separate brochure.
Advisor provides investment supervisory services on a discretionary or non-discretionary basis as stated in the investment advisory agreement. Account supervision is guided by the stated financial goals and objectives of the client.
As a general matter, we prepare strategic plans for our clients by determining our client’s long-term and short-term financial needs and objectives, risk tolerance or risk-aversion, and tax status. Strategic plans and resultant portfolios are typically highly diversified and are based on information provided to us by our clients, financial records, responses to our questionnaires and personal interviews. We design each client’s investment portfolio based on a thorough evaluation of the individual goals and objectives of each client entity. The Advisor will continue to hold legacy undiversified securities (those that the client transferred to the Advisor) as a part of

the portfolio unless there is a compelling reason to sell the securities. The Advisor may at times recommend investing in specific individual undiversified securities.
Client may impose restrictions on investing in certain securities, types of securities, or industry sectors.
In some cases, Advisor may recommend that clients place a portion of their assets with an unaffiliated, third party advisor. These advisors have an investment style that is significantly different from that of Advisor and provides additional diversification. The Advisor also provides financial planning, which may include wealth transfer planning, risk management and insurance planning, charitable and income tax planning. Financial planning services may also be provided to non-investment clients as a stand-alone service under a separate agreement between the client and the Advisor. Note that estate and trust planning may require that the client obtain independent legal counsel. The Advisor does not provide legal advice or draft legal documents. CCR Section 260.235.2 requires that we disclose to our financial planning clients that a conflict of interest exists between us and our clients. The client is under no obligation to act upon the investment advisor’s recommendation. If the client elects to act on our recommendations, the client is under no obligation to effect the transaction through us.
The Advisor does not offer any wrap fee programs.
As of December 31, 2023, we manage assets of $321.8 million on a discretionary basis and $35.9 million on a non-discretionary basis. Of these assets, $235.1 million are managed on a discretionary basis and $35.9 million on a non-discretionary basis using Mr. Jubaili’s strategies.