Fortaleza Asset Management Inc (Chicago)
Fortaleza Asset Management Inc is an adviser based in Chicago. It manages $13.67 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2001.
Fortaleza Asset Management provides portfolio management for individuals and small businesses 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.
Fortaleza Asset Management: assets under management
The assets under management (AUM) of Fortaleza Asset Management Inc is $13.67 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -95% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Investments
The firm invests in exchange traded securities the most. They account for 95% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio.Fees & Commissions
The advisory firm has a single stream of revenue. Clients pay Fortaleza Asset Management Inc for their services and products based on a percentage of assets under management. 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.
What kind of clients Margarita Perez serves?
The firm provides services to charitable organizations, high net worth individuals, and state or municipal government entities. The largest group of clients of Margarita Perez is state or municipal government entities with 2 clients and $11.06 million of assets under management. Among the 1 most similar advisory firms, Fortaleza Asset Management has the highest percentage of state or municipal government entities out of all clients.
The amount of regulatory assets under management is $13.67 million for 5 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Fortaleza Asset Management doesn't advise any private funds.
Careers at Fortaleza Asset Management Inc
The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.
There isn’t anyone 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.
Margarita Perez has been acting as President since 1 Jun 1990. Sidney Gregory Wigfall joined the executive team most recently as the Chief Compliance Officer.
Direct owners and executive officers
Based in Chicago
The principal office where Fortaleza Asset Management Inc performs its advisory services is located at 8770 W Bryn Mawr, Chicago, IL 60631, 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 312-621-6111 or by fax 312-621-6112. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at fortalezaasset.com.
Registered investment advisers similar to Fortaleza Asset Management Inc
- Langer Wealth Management
- Sg Select
- Atlanta Investment Counsel
- T&S Investments
- Douglas M. Middleton & Company
- Burr Leavitt Asset Management
- Christakos Financial Group
- Aegis Asset Management
- Miller Investment Management Company
- Weber Capital Management
- Cpai
- Uboc Investment Services
- Select Advisor Group
- Braven Capital
- Wavefront Capital Management