Element Pointe Advisors, LLC (Miami)

Name: Element Pointe Advisors, LLC
Address: 40 Sw 13 Th Street, Miami, FL, 33130
Telephone: (786) 655-9790

Element Pointe Advisors, LLC is a large advisory firm based in Miami. It manages $358.29 million of regulatory assets for 134 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Florida, Louisiana, and Texas.

Element Pointe Advisors provides financial planning services, 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.

Element Pointe Advisors: assets under management

The assets under management (AUM) of Element Pointe Advisors, LLC is $358.29 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 190% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $358.29 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.67 million each.

Element Pointe Advisors has custody of $49.3 million in cash and securities for 13 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 59% of the total AUM. The second-largest asset type is exchange traded securities, which make up 11% of the firm’s portfolio. Investments in cash and cash equivalents form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Element Pointe Advisors, LLC for their services and products based on a percentage of assets under management and fixed 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.

What kind of clients Element Pointe Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Element Pointe Advisors is high net worth individuals with 22 clients and $357.71 million of assets under management. Among the 10 most similar advisory firms, Element Pointe Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $358.29 million for 23 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Element Pointe Advisors doesn't advise any private funds.

Careers at Element Pointe Advisors, LLC

The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 6 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Savir	Chief compliance officer, chief executive officer, managing member	1 Mar 2016	50% - 75%	5547648
Carlos Alberto Dominguez	President and chief investment officer	1 Mar 2016	50% - 75%	2497363
David Nmn Savir	Chief compliance officer, chief executive officer, managing member	1 Mar 2016	50% - 75%	5547648
Tarek Glenn El Gammal Ortiz	Executive vice president, chief operating officer	1 Mar 2016	Other	5514924
Tarek Glenn El Gammal Ortiz	Executive vice president, head of research	1 Jun 2016	Other	5514924
Mary De Luis	Chief operating officer	1 Jun 2016	Other	5350844
Mary Paz De Luis	Chief operating officer	1 Jun 2016	Other	5350844
David Nmn Savir	Chief compliance officer	1 Jul 2019	50% - 75%	5547648

Based in Miami

The principal office where Element Pointe Advisors, LLC performs its advisory services is located at 40 Sw 13 Th Street, Miami, FL 33130, 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 (786) 655-9790. 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 elementpointe.com and its LinkedIn profile.