Ceres Global Advisory Inc. (Miami)

Ceres Global Advisory Inc. is a large advisory firm based in Miami. It manages $102.44 million of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Florida.

Ceres Global Advisory provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and consulting 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.

Ceres Global Advisory: assets under management

The assets under management (AUM) of Ceres Global Advisory Inc. is $102.44 million. The firm's AUM has grown by 0% since the beginning of its operation, and $102.44 million of the total AUM is attributable to clients outside of the United States.

The firm manages $110 thousand in discretionary accounts and $102.33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $110 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $14.62 million.

Investments

The firm invests in investment and business development companies the most. They account for 47% of the total AUM. The second-largest asset type is exchange traded securities, which make up 44% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ceres Global Advisory Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ceres Global Advisory serves?

The firm provides services to individuals and corporations or other businesses. The largest group of clients of Ceres Global Advisory is corporations or other businesses with 1 clients and $102.33 million of assets under management. Among the 9 most similar advisory firms, Ceres Global Advisory has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $102.44 million for 2 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 100% of the firm’s clients are foreign persons or businesses.

Ceres Global Advisory doesn't advise any private funds.

Careers at Ceres Global Advisory Inc.

The company employs 6 people that are either part- or full-time employees. 17 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Pascual Santosjuanes joined the executive team most recently as the Chief Investment Officer & Principal.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 5 indirect owners.

Based in Miami

The principal office where Ceres Global Advisory Inc. performs its advisory services is located at 1441 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 305-532-9229. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at ceresglobaladvisory.com.