Alhambra Investment Partners LLC (Palmetto Bay)

Name: Alhambra Investment Partners LLC
Address: 8925 Sw 148 Street, Palmetto Bay, FL, 33176
Telephone: 305-233-3772

Alhambra Investment Partners LLC is a large advisory firm based in Palmetto Bay. It manages $154.38 million of regulatory assets for 346 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Florida, North Carolina, and Texas.

Alhambra Investment Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and publication of newsletters. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Alhambra Investment Partners: assets under management

The assets under management (AUM) of Alhambra Investment Partners LLC is $154.38 million. The firm's AUM has grown by 494% since the beginning of its operation, and $152.35 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $123.47 million in discretionary accounts and $30.91 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $370.79 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.38 million.

Investments

The firm invests in exchange traded securities the most. They account for 40% of the total AUM. The second-largest asset type is investment and business development companies, which make up 32% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Alhambra Investment Partners LLC for their services and products based on a percentage of assets under management. 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 Alhambra Investment Partners serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Alhambra Investment Partners is high net worth individuals with 60 clients and $127.61 million of assets under management. Among the 13 most similar advisory firms, Alhambra Investment Partners has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $154.38 million for 160 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Alhambra Investment Partners doesn't advise any private funds.

Careers at Alhambra Investment Partners 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 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.

Douglas Reade Terry has served as the Chief Investment Officer since 1 Mar 2011. Alex Perez joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Rafael Antonio Perez	General counsel	1 Jun 2005	Other	5072034
Orlando J. Casariego	Member	1 Jun 2005	Other	5072797
Joseph Youngblood Calhoun	Chief compliance officer	1 Jun 2006	Other	2176684
George E Mcardle	Member	1 Jan 2007	Other	5513108
Hermen Rodriguez	Member	1 Jan 2007	Other	5513112
Roger L Terry	Member	1 Mar 2011	Other	5917992
Douglas Reade Terry	Chief investment officer	1 Mar 2011	Other	5841670
Alex Perez	Member	1 Sep 2011	Other	6060671

Based in Palmetto Bay

The principal office where Alhambra Investment Partners LLC performs its advisory services is located at 8925 Sw 148 Street, Palmetto Bay, FL 33176 The mailing address of the firm is 9520 Haitian Dr., Cutler Bay, FL 33189. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 305-233-3772 or by fax 305-397-1686. The normal business hours are 9am to 5 pm on Monday - Friday. You can find more information about the New York firm at alhambrapartners.com.