Consultiva Internacional Inc (Guaynabo)

Name: Consultiva Internacional Inc
Address: City View Plaza 48 Carr 165, Guaynabo, PR, 00968
Telephone: 787-763-5868

Consultiva Internacional Inc is a large advisory firm based in Guaynabo. It manages $1.37 billion of regulatory assets for 156 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, District of Columbia, Florida, and 7 other states.

Consultiva Internacional provides financial planning services, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and provide periodic performance reports. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Consultiva Internacional: assets under management

The assets under management (AUM) of Consultiva Internacional Inc is $1.37 billion. The firm's AUM has gone down by -2% since the beginning of its operation, and $1.12 million of the total AUM is attributable to clients outside of the United States.

The firm manages $50.72 million in discretionary accounts and $1.32 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $12.68 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $8.69 million.

Investments

The firm invests in investment grade corporate bonds the most. They account for 38% of the total AUM. The second-largest asset type is exchange traded securities, which make up 30% of the firm’s portfolio. Investments in government bonds form 23% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Consultiva Internacional Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Consultiva Internacional serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Consultiva Internacional is pension and profit sharing plans with 59 clients and $863.34 million of assets under management. Among the 11 most similar advisory firms, Consultiva Internacional has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $1.26 billion for 150 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.

Consultiva Internacional doesn't advise any private funds.

Careers at Consultiva Internacional Inc

The company employs 22 people that are either part- or full-time employees. 59 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 are 5 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates 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
Myrna Milagros Rivera	Ceo & president	1 Oct 1999	75% - 100%	734396
Edmundo Javier Garza	Executive vice president	1 Oct 2000	Other	2159416
Pedro Juan Serralles	Chief compliance officer	1 Nov 2004	Other	854961
Evangeline Maria Davila	Senior investment analyst	1 Dec 2007	Other	4417562
Edmundo Javier Garza	President, finop, sls manager, muni principal	1 Feb 2009	Other	2159416
Myrna Milagros Rivera	Chairman, ceo	1 Feb 2009	50% - 75%	734396
Gerardo Jose Latimerjaner	Chief compliance officer, aml co	1 Mar 2009	Other	2491626
Alberto Pagan Matos	Executive vice president, chief investment officer	1 Mar 2009	Other	2319343
Amarilis Larragoity	Chief compliance officer	1 Jul 2009	Other	2587136
Diana Torres Rivera	Chief operating officer	1 Oct 2012	Other	4127963
Sonia Vazquez	Chief compliance officer	1 Oct 2012	Other	6140432
Evangeline Maria Davila	Chief research and investment officer	1 Mar 2014	Other	4417562
Llc Consultiva Holding Group	Shareholder common shares	1 Mar 2017	50% - 75%	66-0876885
Corp Consultiva Holding Group	Shareholder common shares	1 Mar 2017	50% - 75%	66-0876885
Llc Grupo Consultiva	Shareholder common shares	1 Mar 2017	50% - 75%	66-0876885

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Myrna Milagros Rivera	Shareholder common shares	1 Mar 2017	25% - 50%	734396
Bancredito Holding Corporation	Shareholder common shares	1 Mar 2017	50% - 75%	66-0788071
Bancredito Financial Group Trust & Company (U.K.)	Shareholder common shares	1 Sep 2017	50% - 75%	foreign entity

Based in Guaynabo

The principal office where Consultiva Internacional Inc performs its advisory services is located at City View Plaza 48 Carr 165, Guaynabo, PR 00968, which is also the mailing address of the firm. An additional office of the firm is in Coral Gables, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 787-763-5868 or by fax 787-763-5397. The normal business hours are 9:00 to 6:00 on Monday - Friday. You can find more information about the New York firm at consultiva.com.