Leste Cayman Inc. is a large advisory firm based in Miami. It manages $743.29 million of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2019.
Leste Cayman provides portfolio management for individuals and small businesses and 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 Cayman Inc. is $743.29 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and $743.29 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 Cayman Inc. for their services and products based on a percentage of assets under management 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 firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Alessandra Augusta De Lima G. Da Silva Souza is pooled investment vehicles with 9 clients and $635.63 million of assets under management. Among the 10 most similar advisory firms, Leste Cayman has the 3rd highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $743.29 million for 10 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 90% of the firm’s clients are foreign persons or businesses.
Leste Cayman also advises several private funds. Namely, two hedge funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.
The company employs 4 people that are either part- or full-time employees. 75 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.
Alessandra Augusta De Lima G. Da Silva Souza has been acting as President since 1 Sep 2016. Marcelo Camarao Ganem joined the executive team most recently as the Director.
The principal office where Leste Cayman Inc. performs its advisory services is located at 1395 Brickell Ave., 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 305-924-1314. The normal business hours are 9am-5:30pm on Monday - Friday. You can find more information about the New York firm at leste.com/.