Insigneo Wealth Advisors, LLC is a large advisory firm based in Miami. It manages $105 million of regulatory assets for 188 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Florida.
Insigneo Wealth Advisors provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and consolidation services. 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 Insigneo Wealth Advisors, LLC is $105 million. The firm's AUM has gone down by -44% since the beginning of its operation, and $87.4 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Insigneo Wealth Advisors, 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.
The firm provides services to individuals, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Guillermo Enrique Vernet is corporations or other businesses with 24 clients and $56.22 million of assets under management. Among the 10 most similar advisory firms, Insigneo Wealth Advisors has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $105 million for 48 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 89% of the firm’s clients are foreign persons or businesses.
Insigneo Wealth Advisors also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.
The company employs 12 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
Guillermo Enrique Vernet has been acting as President since 1 Aug 2010. George Washington Arnett joined the executive team most recently as the General Counsel, Chief Risk Officer & Global Compliance.
The principal office where Insigneo Wealth Advisors, LLC performs its advisory services is located at 777 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 305-373-9000 or by fax 305-373-2946. The normal business hours are 8:30 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at insigneo.com/.