Turim 21 Investimentos Ltda is a large advisory firm based in Rio De Janeiro, Rj. It manages $4.14 billion of regulatory assets for 283 client accounts. It has been registered with the SEC as an adviser since 2017.
Turim 21 Investimentos Ltda provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. 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 Turim 21 Investimentos Ltda is $4.14 billion. The firm's AUM has grown by 5% since the beginning of its operation, and $4.12 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Turim 21 Investimentos Ltda for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Bernard Antonio Voigt Mascarenas is high net worth individuals with 253 clients and $3.69 billion of assets under management. Among the 12 most similar advisory firms, Turim 21 Investimentos Ltda has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $4.14 billion for 281 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 99% of the firm’s clients are foreign persons or businesses.
Turim 21 Investimentos Ltda also advises several private funds. Namely, one venture capital fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.
The company employs 53 people that are either part- or full-time employees. 19 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Bernard Antonio Voigt Mascarenas has been acting as President since 1 Jan 2011. Touro Corp. joined the executive team most recently as the Owner (Tfo Synapse Gp, Llc).
The principal office where Turim 21 Investimentos Ltda performs its advisory services is located at Rua Major Rubens Vaz 236, Rio De Janeiro, Rj, 22470 070, 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 55 21 2259.8015 or by fax 55 21 2529 8728. The normal business hours are 9-6 on Monday - Friday. You can find more information about the New York firm at turimbr.com.