Banca Ifigest S.P.A. (Firenze)


Banca Ifigest S.P.A. is an adviser based in Firenze. It manages $5.49 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Florida.

Banca Ifigest S.P.A 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.

Banca Ifigest S.P.A: assets under management

The assets under management (AUM) of Banca Ifigest S.P.A. is $5.49 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 12822% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.49 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.49 million each.

Investments

The firm invests in investment grade corporate bonds the most. They account for 65% of the total AUM. The second-largest asset type is investment and business development companies, which make up 17% of the firm’s portfolio. Investments in government bonds form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Banca Ifigest S.P.A. for their services and products based on a percentage of assets under management and performance-based 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 Giovanni Bizzarri serves?

The only and largest group of clients of Giovanni Bizzarri is corporations or other businesses with 1 clients and $5.49 million of assets under management. Among the 7 most similar advisory firms, Banca Ifigest S.P.A has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $5.49 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Banca Ifigest S.P.A doesn't advise any private funds.

Careers at Banca Ifigest S.P.A.

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No 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.

Giovanni Bizzarri has been acting as President since 1 Jun 2001. Giovanni Berra joined the executive team most recently as the Chairman.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Giovanni Bizzarri Chairman 1 Jun 2001 Other 6284269
Gaetano Barbarisi Shareholder 1 Jun 2001 Other 6284273
Luca Federici Vice chairman 1 Jan 2006 Other 6284270
Cesare Mozzi Shareholder 1 Aug 2008 Other 6284274
Laura Ultimini Chief compliance officer 1 Oct 2008 Other 6284268
Dabe International S.A. Shareholder 1 Oct 2009 Other foreign
Enrico Algieri General manager 1 May 2010 Other 6284272
Giovanni Bizzarri Chief executive officer 1 May 2015 Other 6284269
Luca Federici Executive board member 1 May 2015 Other 6284270
Enrico Algieri Executive board member 1 May 2015 Other 6284272
Gaetano Barbarisi Chairman 1 May 2015 Other 6284273
Giovanni Berra Chairman 1 May 2016 Other 6284275

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
Giovanni Berra Shareholder 1 Oct 2009 75% - 100% 6284275

Based in Firenze

The principal office where Banca Ifigest S.P.A. performs its advisory services is located at 1 Piazza Santa Maria Soprarno, Firenze, 50125, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 39 055 24631 or by fax 39 055 2463231. The normal business hours are 9:00 - 17:30 on Monday - Friday. You can find more information about the New York firm at bancaifigest.it.