Biscayneamericas Advisers L.L.C. (Miami)

Name: Biscayneamericas Advisers L.L.C.
Address: 1111 Brickell Avenue, Miami, FL, 33131
Telephone: (305)577-0995

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.

Biscayneamericas Advisers L.L.C: assets under management

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 firm manages $765.27 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $12.97 million each.

Investments

The firm invests in investment grade corporate bonds the most. They account for 59% of the total AUM. The second-largest asset type is sovereign bonds, which make up 14% of the firm’s portfolio. Investments in government bonds form 12% of the total invested assets.

Fees & Commissions

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. 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 Biscayneamericas Advisers L.L.C serves?

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.

Careers at Biscayneamericas Advisers L.L.C.

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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Malcolm Koffler	Chief executive officer	1 May 1999	25% - 50%	2443804
Dario Guillermo Pedrajo	Managing director/capital member of applicant	1 May 1999	Other	2144798
Mark C Smith	Managing director/capital member of applicant	1 May 1999	Other	2358419
L.C. Hencorp	Capital member of applicant	1 Jun 1999	Other	n/a
Raul Henriquez	Capital member of applicant	1 Jun 1999	Other	1647412
Victor Manuel Henriquez	Capital member of applicant	1 Jun 1999	Other	702954
Nathan Gantcher	Preferred capital member of applicant	1 Jun 1999	Other	217415
L.C. Hencorp Becstone	Capital member of applicant	1 Jun 1999	Other	n/a
Thomas Carl Linder	Capital member of applicant and preferred capital member of applicant	1 Nov 1999	Other	1456678
Ltd. T.F. Capital	Preferred capital member of applicant	1 Nov 2000	Other	n/a
Inc. Hencorp	Capital member	1 Jun 2010	Other	26378
Lw Securities Ltd.	Capital member of applicant	1 Jun 2010	25% - 50%	foreign
Reef Rock Corporation	Capital member	1 Aug 2011	Other	45-2817950
Adelia Mariel Gomez	Chief compliance officer	1 Sep 2011	Other	5477182
Vmh Investments Llc	Capital member of the applicant	1 Sep 2012	25% - 50%	460808360
Ba Investment Holdings Llc	Capital member of the applicant	1 Oct 2012	Other	460930683
Llc Maite	Capital member of the applicant	1 Dec 2012	25% - 50%	2443804
Cinthia Aldana Moran	Cco	1 Apr 2014	Other	6321904
Carlina Lopez	Chief operations officer	1 Jan 2015	Other	6475734
Felix Miguel Gonzalez Torres	Chief compliance officer	1 Apr 2017	Other	2745865
Gabriel Holschneider	Member	1 Apr 2018	Other	6999912
Sandro Louis Ramos	Chief compliance officer	1 Jul 2018	Other	1695283
Mariano F Scandizzo	Chief operations officer and chief investment officer	1 Sep 2018	Other	xxx-xx-xxxx
Oscar Rodriguez	Chief compliance officer	1 Aug 2019	Other	6303245

Indirect Owners

The SEC currently registers 21 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Raul Henriquez	Shareholder of hencorp inc.	1 Apr 1985	50% - 75%	1647412
Victor Manuel Henriquez	Shareholder of hencorp inc.	1 Apr 1985	50% - 75%	702954
Inc. Hencorp	Sharholder of hencorp becstone lc	1 Sep 1991	75% - 100%	59-2570891
Carlos Zalles	Shareholder of hampton corp.	1 Sep 1994	75% - 100%	5071305
Inc. Hencorp	Capital member of hencorp, l.c.	1 Jun 1999	75% - 100%	n/a
Hampton Corp	Shareholder of lw securities ltd.	1 Jul 1999	25% - 50%	foreign
Antonio Sergio Fernandez	Preferred capital member of t.g. capital, ltd.	1 Nov 2000	75% - 100%	206699
Raul Henriquez Revocable Trust	Member of v-henriquez holdings, llc	1 Dec 2005	75% - 100%	none
Victor Henriquez Revocable Trust	Member of v-henriquez holdings, llc	1 Dec 2005	75% - 100%	none
R Henriquez Holdings Llc	Shareholder of hencorp inc.	1 Jan 2006	50% - 75%	22-3931478
Llc V Henriquez Holdings	Shareholder of hencorp, inc.	1 Jan 2006	50% - 75%	20-5511384
Victor Manuel Henriquez	Trustee	1 Jul 2006	75% - 100%	702954
Henriquez Revocable Trust	Owner	1 Jul 2006	75% - 100%	702954
Jaime Perez	Shareholder of amana management s.a.	1 Oct 2007	75% - 100%	5848894
Carlos Zalles	Shareholder of lw securities ltd.	1 Dec 2007	25% - 50%	5071305
Amana Management S.A.	Shareholder of lw investment management, ltd.	1 Dec 2007	25% - 50%	none
Coco Nueva S.R.L.	Capital member	1 Jun 2009	75% - 100%	foreign
830 Foundation	Capital member	1 Jun 2009	75% - 100%	foreign
Victor Manuel Henriquez	Owner	1 Jun 2009	75% - 100%	702954
Luis Enrique Gonzalez	Owner	1 Aug 2011	75% - 100%	6049987
Robert Malcolm Koffler	Shareholder of maite llc	1 Dec 2012	75% - 100%	2443804

Based in Miami

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.