Octogone Na Inc. (Miami)

Octogone Na provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and research. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Octogone Na: assets under management

The assets under management (AUM) of Octogone Na Inc. is $92.4 million. The firm's AUM has grown by 270% since the beginning of its operation, and $70.23 million of the total AUM is attributable to clients outside of the United States.

The firm manages $80.71 million in discretionary accounts and $11.7 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.84 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.92 million.

Investments

The firm invests in non-exchange traded securities the most. They account for 30% of the total AUM. The second-largest asset type is exchange traded securities, which make up 25% of the firm’s portfolio. Investments in investment grade corporate bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Octogone Na 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.

What kind of clients Octogone Na serves?

The firm provides services to high net worth individuals and corporations or other businesses. The largest group of clients of Octogone Na is corporations or other businesses with 16 clients and $68.02 million of assets under management. Among the 7 most similar advisory firms, Octogone Na has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $92.4 million for 25 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 76% of the firm’s clients are foreign persons or businesses.

Octogone Na doesn't advise any private funds.

Careers at Octogone Na Inc.

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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.

Gabriela Marie Gomez joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 4 indirect owners.

Based in Miami

The principal office where Octogone Na 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 305-677-9559 or by fax 786-857-6895. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at octogonena.com.

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