Daemon Investment And Asset Management, LLC (Miami)

Name: Daemon Investment And Asset Management, LLC
Address: 1111 Brickell Avenue, Suite 2646, Miami, FL, 33131 3112
Telephone: (786) 577-3074

Daemon Investment And Asset Management, LLC is a large advisory firm based in Miami. It manages $5.02 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Florida.

Daemon Investment And Asset Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Daemon Investment And Asset Management: assets under management

The assets under management (AUM) of Daemon Investment And Asset Management, LLC is $5.02 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 104% since the beginning of its operation, and $5.02 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.02 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.02 billion each.

Daemon Investment And Asset Management has custody of $5.02 billion in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Daemon Investment And Asset Management, LLC for their services and products based on 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.

What kind of clients Daemon Investment And Asset Management serves?

The only and largest group of clients of Daemon Investment And Asset Management is pooled investment vehicles with 1 clients and $5.02 billion of assets under management. Among the 9 most similar advisory firms, Daemon Investment And Asset Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.02 billion for 1 clients. 100% of the firm’s clients are foreign persons or businesses.

Daemon Investment And Asset Management doesn't advise any private funds.

Careers at Daemon Investment And Asset Management, LLC

The company employs 3 people that are either part- or full-time employees. No employees work as investment advisers or researchers. No employees are registered as investment adviser representatives 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Daemon Asset Manager	Member	1 May 2016	75% - 100%	foreign entity
Gabriel P Motta	Chief compliance officer and director	1 Jun 2016	Other	5960741
Sergio Rhein Schirato	Managing member	1 Jun 2016	Other	6720122
Gabriel Perales Oliveira Motta	Chief compliance officer and director	1 Jun 2016	Other	5960741
Vitor Rhein Schirato	Chief compliance officer	1 Feb 2017	Other	6762733
Gabriel Perales Oliveira Motta	Coo	1 Jul 2017	Other	5960741
Sergio Rhein Schirato	Manager and co-president	1 Jul 2017	25% - 50%	6720122
Vitor Rhein Schirato	Chief compliance officer	1 Jul 2017	Other	6762733
Edson Correa Queiroz	Co-president	1 Jul 2017	25% - 50%	6927711
Gabriel Perales Olivera Motta	Coo	1 Jul 2017	Other	5960741

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Sergio Rhein Schirato	Gp	1 May 2016	75% - 100%	6720122
Tpv Investments Ltd	Shareholder	1 May 2016	50% - 75%	foreign entity
Rs Financial Investments Ltd	Shareholder	1 May 2016	50% - 75%	foreign entity
Edson Queiroz	Gp	1 May 2016	75% - 100%	6720130
Edson Correa Queiroz	Gp	1 May 2016	75% - 100%	6720130
Sergio Rhein Schirato	Gp	1 Feb 2017	75% - 100%	6720122
Edson Correa Queiroz	Gp	1 Feb 2017	75% - 100%	6720130
6 Ds Investment Condominium	Shareholder	1 Feb 2017	75% - 100%	foreign entity

Based in Miami

The principal office where Daemon Investment And Asset Management, LLC performs its advisory services is located at 1111 Brickell Avenue, Suite 2646, Miami, FL 33131 3112, 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 (786) 577-3074. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at daemoninvestments.com/home/.