Itau International Securities Inc. is a large advisory firm based in Miami. It manages $130.62 million of regulatory assets for 37 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida and New York.
Itau International Securities provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and family office 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 Itau International Securities Inc. is $130.62 million. $51.71 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Itau International Securities Inc. 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 firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Flavio Augusto De Souza is high net worth individuals with 4 clients and $78.92 million of assets under management. Among the 12 most similar advisory firms, Itau International Securities has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $130.62 million for 5 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 20% of the firm’s clients are foreign persons or businesses.
Itau International Securities also advises several private funds.
The company employs 14 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 14 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.
Flavio Augusto De Souza has been acting as President since 1 Jan 2010. Paul A Vergara joined the executive team most recently as the Head Trader.
The principal office where Itau International Securities Inc. performs its advisory services is located at 200 S. Biscayne Blvd, 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 305-416-7813. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday.