Biscayneamericas Advisers L.L.C. is a large advisory firm based in Miami. It manages $765.27 million of regulatory assets for 59 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdiction of Florida.
Biscayneamericas Advisers L.L.C provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Biscayneamericas Advisers L.L.C. is $765.27 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 107% since the beginning of its operation, and $757.52 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Biscayneamericas Advisers L.L.C. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to insurance companies, charitable organizations, high net worth individuals, pooled investment vehicles, banking or thrift institutions, and corporations or other businesses. The largest group of clients of Biscayneamericas Advisers L.L.C is pooled investment vehicles with 10 clients and $585.88 million of assets under management. Among the 12 most similar advisory firms, Biscayneamericas Advisers L.L.C has the 6th highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $765.27 million for 59 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 67% of the firm’s clients are foreign persons or businesses.
Biscayneamericas Advisers L.L.C also advises several private funds. Namely, two private equity funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.
The company employs 10 people that are either part- or full-time employees. 30 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 6 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Oscar Rodriguez joined the executive team most recently as the Chief Compliance Officer.
The principal office where Biscayneamericas Advisers L.L.C. performs its advisory services is located at 1111 Brickell Avenue, Miami, FL 33131, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (305)577-0995 or by fax (305)577-4394. The normal business hours are 8:30 a.m. to 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at biscayneamericas.com.