Guggenheim Partners Latin America, Inc. (Miami)


Guggenheim Partners Latin America, Inc. is a large advisory firm based in Miami. It manages $530.05 million of regulatory assets for 39 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Delaware and Florida.

Guggenheim Partners Latin America provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, 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.

Guggenheim Partners Latin America: assets under management

The assets under management (AUM) of Guggenheim Partners Latin America, Inc. is $530.05 million. The firm's AUM has gone down by -66% since the beginning of its operation, and $484.26 million of the total AUM is attributable to clients outside of the United States.

The firm manages $84.44 million in discretionary accounts and $445.61 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.28 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $19.37 million.

Investments

The firm invests in exchange traded securities the most. They account for 43% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 36% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Guggenheim Partners Latin America, Inc. for their services and products based on a percentage of assets under management, fixed fees, 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.

What kind of clients Jose Felix Remy serves?

The firm provides services to charitable organizations and high net worth individuals. The largest group of clients of Jose Felix Remy is high net worth individuals with 38 clients and $484.94 million of assets under management. Among the 5 most similar advisory firms, Guggenheim Partners Latin America has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $530.05 million for 39 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 91% of the firm’s clients are foreign persons or businesses.

Guggenheim Partners Latin America doesn't advise any private funds.

Careers at Guggenheim Partners Latin America, Inc.

The company employs 25 people that are either part- or full-time employees. 52 percent of the employees work as investment advisers or researchers. 13 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 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.

Jose Felix Remy has been acting as President since 1 Jan 2015. Edward Lawson Johnston joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Llc Guggenheim Investment Advisors Shareholder 1 Oct 2009 75% - 100% 108263
Brian Sir Director 1 Oct 2009 Other 5398403
Arturo Lask Chief compliance officer 1 Oct 2009 Other 4853682
Mark R. Walter Director 1 Mar 2010 Other 4405931
Juan Ball Director 1 Mar 2010 Other 2048092
Pablo Gabriel Stalman Director 1 Mar 2010 Other 1637271
Inc. Gpblk Shareholder 1 Mar 2010 50% - 75% 20-8735079
Ltd. Abs Holding Shareholder 1 Mar 2010 50% - 75% foreign
Llc Abs Advisor Holding Shareholder 1 Jun 2010 50% - 75% 27-3081199
Lj Gp Partnership Limited Shareholder 1 Dec 2014 75% - 100% foreign entity
Alvarium Investments Limited Shareholder 1 Dec 2014 75% - 100% foreign entity
Jose Felix Remy Director 1 Jan 2015 Other 2386252
Ricardo Cayetano De La Serna Director 1 Jan 2015 Other 4659462
Clara Bullrich Director 1 Jan 2015 Other 3183648
Soroosh Shambayati Director 1 Jan 2015 Other 3017932
Alexander De Meyer Chief compliance officer 1 Jan 2015 Other 6470408
Andrew Williams Director 1 Jan 2015 Other 6470409
Lj Gp Limited Shareholder 1 Dec 2015 75% - 100% foreign entity
Lj Gp Partnership Limited Shareholder 1 Dec 2015 75% - 100% foreign entity
Nicholas Barker Director and chief compliance officer 1 Jun 2016 Other 6673081
Elliot Paul Shave Director and treasurer 1 Jun 2016 Other 6673082
Kosta P Velis Director 1 Oct 2016 Other 2506731
Carlosfelipe Edward Mejia Chief operating officer 1 Mar 2017 Other 2591757
Edward Lawson Johnston Director 1 Jun 2019 Other 7147135

Indirect Owners

The SEC currently registers 22 indirect owners.

Name Entity Date acquired Ownership Employer ID
Llc Guggenheim Capital Member 1 Oct 2005 75% - 100% 36-4358656
Llc Gwm Holdco Member 1 Dec 2008 75% - 100% 26-0898051
Llc Guggenheim Partners Member 1 Dec 2008 75% - 100% 20-3571204
Inc Sage Assets Shareholder 1 Dec 2008 25% - 50% 26-3960584
Inc. Sammons Enterprises Shareholder 1 Dec 2008 75% - 100% 75-6027423
Inc. Consolidated Investment Services Shareholder 1 Dec 2008 75% - 100% 88-0214301
Juan Ball Shareholder 1 Mar 2009 50% - 75% 2048092
Pablo Gabriel Stalman Shareholder 1 Mar 2009 50% - 75% 1637271
Llc Gp Holdco Shareholder 1 Mar 2010 75% - 100% 20-8734966
Inc. Esot Sammons Enterprises Shareholder 1 Mar 2010 75% - 100% 75-0864422
Ltd. Abs Holding Member 1 Jun 2010 25% - 50% 27-1314028
Antonio Francisco Alvim Champalimaud Shareholder 1 Jun 2011 75% - 100% 6179779
Inc. Sammons Equity Alliance Shareholder 1 Jul 2011 75% - 100% 45-2838232
Luxac S.A.R.L Member 1 Oct 2012 25% - 50% none
Global Goldfield Limited Equity 1 Apr 2017 25% - 50% foreign
Jaywell Limited Equity 1 Apr 2017 75% - 100% foreign
Avanda Investment Limited Equity 1 Apr 2017 75% - 100% foreign
Peterson Alpha (Ptc) Limited Equity 1 Apr 2017 75% - 100% foreign
Sai Hong Yeung Equity 1 Apr 2017 75% - 100% 6790321
Dilmun Cayman Holdings Equity 1 Jul 2018 25% - 50% foreign entity
Dilmun Global Trust Equity 1 Jul 2018 75% - 100% foreign entity
Tmf Channel Islands Corporate trustee 1 Jul 2018 Other foreign entity

Based in Miami

The principal office where Guggenheim Partners Latin America, Inc. performs its advisory services is located at 1111 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 305.373.8033 or by fax 305.374.8246. The normal business hours are 9:00 am - 6:00 pm on Monday - Friday. You can find more information about the New York firm at gplatam.com and its LinkedIn profile.

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