Portfolio Resources Advisor Group, Inc. (Miami)


Portfolio Resources Advisor Group, Inc. is a large advisory firm based in Miami. It manages $149.69 million of regulatory assets for 772 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Arizona, California, Colorado, and 10 other states.

Portfolio Resources Advisor Group provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Portfolio Resources Advisor Group: assets under management

The assets under management (AUM) of Portfolio Resources Advisor Group, Inc. is $149.69 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 138% since the beginning of its operation, and $52.81 million of the total AUM is attributable to clients outside of the United States.

The firm manages $149.69 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $193.9 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 53% of the total AUM. The second-largest asset type is investment and business development companies, which make up 36% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Portfolio Resources Advisor Group, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Antonio Camejo serves?

The firm provides services to individuals and pension and profit sharing plans. The largest group of clients of Antonio Camejo is individuals with 535 clients and $145.71 million of assets under management. Among the 12 most similar advisory firms, Portfolio Resources Advisor Group has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $149.69 million for 541 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 36% of the firm’s clients are foreign persons or businesses.

Portfolio Resources Advisor Group doesn't advise any private funds.

Careers at Portfolio Resources Advisor Group, Inc.

The company employs 16 people that are either part- or full-time employees. 94 percent of the employees work as investment advisers or researchers. 15 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.

Antonio Camejo has been acting as President since 1 Apr 2007. Inversiones Sosabas joined the executive team most recently as the Shareholder.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inversiones Sosabas Shareholder 1 Apr 2007 25% - 50% foreign
Jose Manuel Maraver Shareholder 1 Apr 2007 25% - 50% 2307685
Antonio Camejo President/chief compliance officer 1 Apr 2007 25% - 50% 1654246
Juan Ignacio Sosa Vice president/treasurer 1 Apr 2007 Other 2599288
Raul Briceno Shareholder 1 Apr 2007 Other 2599284

Indirect Owners

The SEC currently registers 7 indirect owners.

Name Entity Date acquired Ownership Employer ID
Hermanos Sosabas Shareholder 1 Feb 1995 75% - 100% fe
Margarita Abascal Shareholder 1 Feb 1995 50% - 75% 2599291
Juan Ignacio Sosa Shareholder 1 Feb 1995 25% - 50% 2599288
Carmen Elena Brewersosade Shareholder 1 Feb 1995 25% - 50% 2599302
Maria Margarita Sosadesiso Shareholder 1 Feb 1995 25% - 50% 2599289
Ana Maria Sosa Shareholder 1 Feb 1995 25% - 50% 2599297
Maria Fernanda Sosaabascal Shareholder 1 Feb 1995 25% - 50% 2599292

Based in Miami

The principal office where Portfolio Resources Advisor Group, Inc. performs its advisory services is located at 800 Brickell Avenue, Suite 903, Miami, FL 33131, which is also the mailing address of the firm. An additional office of the firm is in Saratoga Springs, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 305-372-0299 or by fax 305-372-0499. The normal business hours are 8:30 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at prginc.net/advisors.html.