Gbs Finance, LLC (Miami)

Name: Gbs Finance, LLC
Address: 1395 Brickell Avenue, Miami, FL, 33131
Telephone: 786 534 6681

Gbs Finance, LLC is a large advisory firm based in Miami. It manages $152.17 million of regulatory assets for 16 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Florida.

Gbs Finance provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Gbs Finance: assets under management

The assets under management (AUM) of Gbs Finance, LLC is $152.17 million. The firm's AUM has grown by 103% since the beginning of its operation, and $152.17 million of the total AUM is attributable to clients outside of the United States.

The firm manages $73.2 million in discretionary accounts and $78.97 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.32 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $13.16 million.

Investments

The firm invests in non-exchange traded securities the most. They account for 35% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 23% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Gbs Finance, LLC for their services and products based on a percentage of assets under management 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 Gbs Finance serves?

The only and largest group of clients of Gbs Finance is high net worth individuals with 16 clients and $152.17 million of assets under management. Among the 9 most similar advisory firms, Gbs Finance has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $152.17 million for 16 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 100% of the firm’s clients are foreign persons or businesses.

Gbs Finance doesn't advise any private funds.

Careers at Gbs Finance, LLC

The company employs 5 people that are either part- or full-time employees. 100 percent of the 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.

Iván Dolz De Espejo has served as the Chief Investment Officer since 1 May 2016. Maria Paula Sanchez Alonso joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
S.L. Aramil Develops	Managing member	1 May 2012	50% - 75%	foreign
Juan Andres Althabe	Chief investment officer, member	1 May 2012	Other	5287878
Jaime Alonso	Chief operations officer	1 May 2012	Other	6098241
Jaime Alonso	Chief marketing officer	1 Sep 2012	Other	4376756
Yves Cochez	Chief investment officer	1 Sep 2012	Other	5622010
Luis Alvarez	Chief marketing officer	1 Sep 2012	Other	4376756
Vanessa Eugenia Fiore	Chief compliance officer	1 Sep 2012	Other	5464687
Jorge Pedro Silva Puras	Chief compliance officer	1 Nov 2013	Other	6279617
Juan Andres Althabe	Chief marketing officer	1 Feb 2014	Other	5287878
Jaime Alonso	Chief marketing officer	1 Feb 2014	Other	6098241
Jaime Alonso	Chief investment officer	1 May 2015	Other	6098241
Iván Dolz De Espejo	Chief investment officer	1 May 2016	Other	6658385
Ana Paola Bou Goldsmith	Chief compliance officer	1 Jun 2016	Other	5175687
Ana Paola Bou	Chief compliance officer	1 Jun 2016	Other	5175687
Maria Paula Sanchez Alonso	Chief compliance officer	1 Apr 2019	Other	7101240

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Pedro Gomez De Baeza	Shareholder	1 May 1991	25% - 50%	6098248
Antonio Juan Samaranch	Shareholder	1 May 1991	25% - 50%	6098251
Jaime Alonso	Member	1 Sep 2003	25% - 50%	6098241
Juan Esquer	Member	1 Sep 2003	25% - 50%	6098245
Santiago Eduardo Hagerman	Member	1 Sep 2003	25% - 50%	2255272
S.A. Gbs Finanzas	Member	1 May 2012	50% - 75%	foreign
S.L. Alliance Partners	Member	1 May 2012	50% - 75%	foreign

Based in Miami

The principal office where Gbs Finance, LLC performs its advisory services is located at 1395 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 786 534 6681. The normal business hours are 9 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at gbsfinancellc.com.