Efg Capital Advisors Inc. is a large advisory firm based in Miami. It manages $226.33 million of regulatory assets for 128 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Alaska, California, Colorado, and 10 other states.
Efg Capital Advisors provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, 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.
The assets under management (AUM) of Efg Capital Advisors Inc. is $226.33 million. The firm's AUM has gone down by -83% since the beginning of its operation, and $18.11 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Efg Capital Advisors Inc. for their services and products based on a percentage of assets under management, fixed fees, and performance-based 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 only and largest group of clients of Victor Manuel Echevarria is individuals with 128 clients and $226.33 million of assets under management. Among the 7 most similar advisory firms, Efg Capital Advisors has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $226.33 million for 128 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 92% of the firm’s clients are foreign persons or businesses.
Efg Capital Advisors also advises several private funds. Namely, ten hedge funds and three other private funds. The minimum investment commitment required of non-related persons ranges from $0 to $100,000.
The company employs 8 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There are 3 people 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.
Victor Manuel Echevarria has been acting as President since 1 May 2013. Btgp Bsi Limited (Uk) joined the executive team most recently as the Shareholder.
The principal office where Efg Capital Advisors Inc. performs its advisory services is located at 701 Brickell Ave Ste 1350, Miami, FL 33131 2945, 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 305-381-8340 or by fax 305-381-8334. The normal business hours are 9:00 am - 5:30 pm on Monday - Friday. You can find more information about the New York firm at efgcapitaladvisors.com.