Actinver Wealth Management, Inc. is a large advisory firm based in Houston. It manages $426.92 million of regulatory assets for 319 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Colorado, Delaware, and 5 other states.
Actinver Wealth Management provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Actinver Wealth Management, Inc. is $426.92 million. The firm's AUM has grown by 347% since the beginning of its operation, and $405.58 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Actinver Wealth Management, Inc. 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.
The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Francisco Xavier Maza is high net worth individuals with 107 clients and $318.71 million of assets under management. Among the 9 most similar advisory firms, Actinver Wealth Management has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $426.92 million for 321 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 95% of the firm’s clients are foreign persons or businesses.
Actinver Wealth Management also advises several private funds. Namely, two other private funds. The minimum investment commitment required of non-related persons is $5,000 for each fund.
The company employs 20 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 13 employees are registered as investment adviser representatives with the state securities authorities.
There are 3 people 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.
Francisco Xavier Maza has been acting as President since 1 May 2014. Jose Antonio Lau joined the executive team most recently as the Head Of Trading.
The principal office where Actinver Wealth Management, Inc. performs its advisory services is located at 5075 Westheimer, Houston, TX 77056, which is also the mailing address of the firm. An additional office of the firm is in San Antonio, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 713-885-9843 or by fax 713-885-9849. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at actinverwealthmanagement.com.