Klosters Capital LLC (Miami)

Name: Klosters Capital LLC
Address: 848 Brickell Avenue, Miami, FL, 33131
Telephone: 305-907-3421

Klosters Capital LLC is a large advisory firm based in Miami. It manages $185.08 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Florida.

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

Klosters Capital: assets under management

The assets under management (AUM) of Klosters Capital LLC is $185.08 million. The firm's AUM has gone down by -1% since the beginning of its operation, and $184.73 million of the total AUM is attributable to clients outside of the United States.

The firm manages $5.51 million in discretionary accounts and $179.57 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.76 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $35.91 million.

Investments

The firm invests in investment and business development companies the most. They account for 46% of the total AUM. The second-largest asset type is other assets, which make up 22% of the firm’s portfolio. Investments in exchange traded securities form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Klosters Capital 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 Klosters Capital serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Klosters Capital is corporations or other businesses with 1 clients and $173.52 million of assets under management. Among the 6 most similar advisory firms, Klosters Capital has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $185.08 million for 5 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 86% of the firm’s clients are foreign persons or businesses.

Klosters Capital doesn't advise any private funds.

Careers at Klosters Capital LLC

The company employs 3 people that are either part- or full-time employees. 33 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.

Juan Assad Mezerhane De La Chica has served as the Chief Investment Officer since 1 Nov 2016. Javier Rodriguez Ambles joined the executive team most recently as the Managing Partner And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Abetos	Shareholder	1 Sep 2016	50% - 75%	81-3950493
2kc Wealth Advisory Llc	Shareholder	1 Sep 2016	50% - 75%	30-0955238
Javier Rodriguez Ambles	Managing partner and chief compliance officer	1 Oct 2016	Other	6195764
Juan Assad Mezerhane De La Chica	Chief investment officer	1 Nov 2016	Other	6728353

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Manuel Gómez Sotres	Shareholder	1 Sep 2016	75% - 100%	6721469

Based in Miami

The principal office where Klosters Capital LLC performs its advisory services is located at 848 Brickell Avenue, 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 305-907-3421. The normal business hours are 9 a.m. to 6 p.m. on Monday - Friday. You can find more information about the New York firm at klosters-capital.com.