Leste Usa, LLC is a large advisory firm based in Miami. It manages $138.91 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2019.
Leste Usa provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Leste Usa, LLC is $138.91 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -55% since the beginning of its operation, and $138.91 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Leste Usa, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The only and largest group of clients of Leste Usa is pooled investment vehicles with 2 clients and $138.91 million of assets under management. Among the 9 most similar advisory firms, Leste Usa has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $138.91 million for 2 clients. 100% of the firm’s clients are foreign persons or businesses.
Leste Usa also advises several private funds.
The company employs 10 people that are either part- or full-time employees. 90 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.
The principal office where Leste Usa, LLC performs its advisory services is located at 1395 Brickell Avenue, Miami, FL 33131, which is also the mailing address of the firm. An additional office of the firm is in Needham, MA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 305-924-1314. The normal business hours are 9am-5:30pm on Monday - Friday. You can find more information about the New York firm at leste.com/.