Alveo Wealth Management, LLC (Miami)

Name: Alveo Wealth Management, LLC
Address: 1395 Brickell Ave, Miami, FL, 33131
Telephone: 561 371 0135

Alveo Wealth Management, LLC is a large advisory firm based in Miami. It manages $209.41 million of regulatory assets for 12 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Florida.

Alveo Wealth Management provides portfolio management for individuals and small businesses and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Alveo Wealth Management: assets under management

The assets under management (AUM) of Alveo Wealth Management, LLC is $209.41 million. $209.41 million of the total AUM is attributable to clients outside of the United States.

Investments

The firm invests in exchange traded securities the most. They account for 80% of the total AUM. The second-largest asset type is government bonds, which make up 8% of the firm’s portfolio. Investments in sovereign bonds form 5% of the total invested assets.

Fees & Commissions

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

The firm provides services to individuals and high net worth individuals. The largest group of clients of Alveo Wealth Management is high net worth individuals with 1 clients and $201.03 million of assets under management. Among the 8 most similar advisory firms, Alveo Wealth Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $201.08 million for 3 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.

Alveo Wealth Management doesn't advise any private funds.

Careers at Alveo Wealth Management, LLC

The company employs 4 people that are either part- or full-time employees. 75 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 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
Llc Areg	Managing member	1 May 2013	75% - 100%	46-1721678
Marian Nmn Stupka	Chief compliance officer	1 Jul 2014	Other	4446848
Marian Stupka	Chief compliance officer	1 Jul 2014	Other	4446848

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Arturo Alejandro Barragan	Managing member	1 Dec 2012	75% - 100%	5081986

Based in Miami

The principal office where Alveo Wealth Management, LLC performs its advisory services is located at 1395 Brickell Ave, 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 561 371 0135. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at alveowm.com.