Frank Virgallito is a CERTIFIED FINANCIAL PLANNER™ professional who comes from a diverse background of consulting non-profit organizations on federal grant projects and teaching adult school. He currently runs his own independent financial planning practice in Glendale, California.
In 1998, Frank was the principal grant writer and administrator for the nonprofit Community Partnership Development Corporation (CPDC). Its mission was to enhance the services, safety, and lifestyle for low-income residents in Los Angeles. Frank personally secured more than $3.2 million in federal and private sector grant money to coordinate CPDC programs with the FBI, LAPD, LAUSD and District Attorney’s office of Los Angeles. The money was used to target and prosecute drug gangs, create four successful, multi-year high school dropout recovery programs in East Los Angeles, open Neighborhood Network computer centers, and rebuild Section 8 housing in poverty areas throughout Los Angeles.
While administrating the grant-funded projects for CPDC, Frank obtained his California general contractor’s license. More than 400 units of housing were rehabilitated through the grant programs and Frank gained invaluable contracting experience acting as owner representation. Frank received various forms of certification from the National Affordable Housing Management Association during this time.
In 2001, Frank was hired on with LAUSD as a California state credentialed teacher with the adult-education program. Frank was tasked with assisting in the development of course curriculum for a wide range of apprenticeship training programs to be integrated into district class offerings. In addition, Frank began teaching electrical theory as well as general construction training at the Abram Freidman Occupational Center from 2002 to 2005.
In 2003, Frank founded his own nonprofit consultancy to assist other nonprofits with the complexities in managing and fulfilling their own federal grant programs. Frank reached out to Unity in the Community, a prisoner reentry program run out of Leimert Park, to foster an accelerated job training opportunity for those who had been recently released from incarceration.
Personal responsibility programs were created and taught through all the aforementioned programs to enhance community relations and to create a better society. Frank’s success with grant partners and the nonprofit industry led him into the profession of providing sound advice on managing money, creating budgets, and how to mitigate risk. In 2006, Frank opened the doors to his independent financial planning practice, Arktos Wealth Management. His passion now lies in helping individuals and businesses manage wealth and achieve life goals.
Frank graduated with a BS degree in Business Administration from California State University, Los Angeles, and completed the Certified Financial Planning curriculum through Boston University’s Institute of Finance. Professional designations include Certified Financial Planner, the 6, 7, and 65 FINRA securities licenses, and insurance licenses for life, health, long-term care, and disability.
Frank is married, has two children, and resides in his hometown of La Crescenta-only minutes from his office. He lives by the mantra, “A family that plays together stays together.” The Virgallitos enjoy an active lifestyle of camping, boating, traveling, and hiking.