{"url":"https://nivawealth.com/firms/aton-financial-173070","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/173070","regulatoryAum":600886180,"crd":"173070","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5764599","suffix":null,"lastName":"ARSUAGA-DE LOS REYES","firstName":"ANDRES","middleName":"L."},{"crd":"4633900","suffix":null,"lastName":"CASES GALLARDO","firstName":"EDUARDO","middleName":"JAVIER"},{"crd":"7011625","suffix":null,"lastName":"Cintron Rodriguez","firstName":"Nelson","middleName":"A"},{"crd":"4917654","suffix":null,"lastName":"DE ZENGOTITA","firstName":"JAVIER","middleName":"JOSE"},{"crd":"2729031","suffix":null,"lastName":"MCDOWALL","firstName":"CHRISTOPHER","middleName":"THOMAS"},{"crd":"4840064","suffix":null,"lastName":"RENDIC","firstName":"MARKO","middleName":"ANDRES"},{"crd":"1904934","suffix":null,"lastName":"Trigo Suarez","firstName":"Carmen","middleName":"Georgina"}],"total":7,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-07-12","regulatoryAum":268430000,"clients":190,"employees":9,"offices":1},{"filedOn":"2022-03-23","regulatoryAum":312494000,"clients":199,"employees":9,"offices":1},{"filedOn":"2023-07-13","regulatoryAum":311370000,"clients":849,"employees":9,"offices":1},{"filedOn":"2024-05-24","regulatoryAum":428880000,"clients":226,"employees":9,"offices":1},{"filedOn":"2025-03-25","regulatoryAum":469132000,"clients":260,"employees":9,"offices":1},{"filedOn":"2026-07-01","regulatoryAum":600886180,"clients":274,"employees":9,"offices":3}],"secFileNumber":"801-112925","legalName":"Aton Financial LLC","displayName":"Aton Financial","slug":"aton-financial-173070","website":"https://atonfinancial.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Puerto Rico limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1116 Ponce De Leon, Suite 300","city":"San Juan","state":"PR","stateName":"Puerto Rico","country":"United States","postalCode":"00907"},"tradeNames":[],"registration":{"secApproved":"10 April 2018","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1516836.657480315,"staff":{"employees":9,"advisory":7,"brokerDealerReps":0,"insuranceAgents":7,"promoters":0},"aum":{"regulatory":600886180,"discretionary":370756236,"discretionaryAccounts":388,"nonDiscretionary":230129944,"nonDiscretionaryAccounts":34,"wrapProgram":null,"nonUsClientsPct":6,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":169,"regulatoryAum":42457432},{"label":"High-net-worth individuals","clients":85,"regulatoryAum":342819079},{"label":"Pooled investment vehicles","clients":5,"regulatoryAum":172342614},{"label":"Pension and profit-sharing plans","clients":6,"regulatoryAum":7115000},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":2316465},{"label":"Corporations and other businesses","clients":9,"regulatoryAum":33835590}],"feePrograms":[{"role":"main","program":"Asset Management Fees","feeBasis":"marginal","fee_tiers":[{"to":100000,"pct":1.5,"from":0},{"to":250000,"pct":1.4,"from":100000},{"to":500000,"pct":1.3,"from":250000},{"to":1000000,"pct":1.15,"from":500000},{"to":3000000,"pct":1,"from":1000000},{"to":null,"pct":0.75,"from":3000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050565","versionId":1050565,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-07-01","documentName":"ATON FINANCIAL LLC BROCHURE","fee_rate_low":0.75,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":1500},{"role":"other","program":"Annual Retainer for Consulting or Planning","summary":"Investment consulting or financial planning on an annual retainer of up to $15,000 per year, negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050565","versionId":1050565,"submittedOn":"2026-07-01","documentName":"ATON FINANCIAL LLC BROCHURE"},{"role":"other","program":"Comprehensive Financial Planning","summary":"One-time fixed fee of $5,000, negotiated and agreed in writing with the client.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050565","versionId":1050565,"submittedOn":"2026-07-01","documentName":"ATON FINANCIAL LLC BROCHURE"},{"role":"other","program":"Hourly Advice","summary":"Investment advisory or financial planning advice billed at $250 per hour, agreed in advance.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050565","versionId":1050565,"submittedOn":"2026-07-01","documentName":"ATON FINANCIAL LLC BROCHURE"},{"role":"other","program":"Ongoing Financial Planning","summary":"Fixed fee of $500 per month for ongoing financial planning, contracted in advance.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050565","versionId":1050565,"submittedOn":"2026-07-01","documentName":"ATON FINANCIAL LLC BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T10:00:01.652404+00:00","documents":[{"name":"ATON FINANCIAL LLC BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050565","versionId":1050565,"submittedOn":"2026-07-01"}]},"custodians":[{"name":"Goldman Sachs & Co. LLC","shortName":"Goldman Sachs & Co.","location":"New York, NY","smaAssets":46938216},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":335563108}],"custodyNote":"Aton Financial has custody of $16M in client assets for 1 client.","leadership":[{"name":"Marko Rendic","title":"Managing Member and CCO","crd":"4840064"},{"name":"Christopher McDowall","title":"Investment Advisor Representative","crd":"2729031"},{"name":"Carmen Trigo Suarez","title":"Investment Advisor Representative","crd":"1904934"}],"ownership":[{"label":"Marko Rendic","detail":"Managing member and cco in the 50% to 75% ownership band and a control person, since August 2014."},{"label":"Christopher McDowall","detail":"Investment advisor representative in the 25% to 50% ownership band and a control person, since December 2016."},{"label":"Carmen Trigo Suarez","detail":"Investment advisor representative in the 10% to 25% ownership band and a control person, since January 2018."}],"filedOffices":{"otherThanPrincipal":2,"privateResidences":2},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Puerto Rico","offices":1,"addresses":[{"street":"1116 Ponce De Leon, Suite 300","city":"San Juan","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"787-725-6070","stateRegisteredReps":7,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":30},{"label":"Non-exchange-traded equity securities","percent":1},{"label":"U.S. government/agency bonds","percent":29},{"label":"U.S. state and local bonds","percent":2},{"label":"Investment grade corporate bonds","percent":1},{"label":"Derivatives","percent":4},{"label":"Securities issued by registered investment companies or business development companies","percent":26},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":1},{"label":"Cash and cash equivalents","percent":6}],"privateFunds":5},"sources":{"adv1FilingDate":"1 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/173070/PDF/173070.pdf","brochureDate":"1 July 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050565","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Aton Financial have?","answer":"Aton Financial has 274 clients and manages $601 million for them, as of July 2026. They include 169 individual clients, 85 high-net-worth individuals, and 9 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 1 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Aton Financial offer?","answer":"Aton Financial provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Aton Financial charge?","answer":"Aton Financial charges 0.75%–1.50% a year for its Asset Management Fees. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable and has a $1,500 annual minimum.","source":"ATON FINANCIAL LLC BROCHURE, filed 1 July 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Aton Financial use?","answer":"Aton Financial’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $336M and Goldman Sachs & Co. LLC (New York, NY), with $46.9M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 July 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Aton Financial have?","answer":"Aton Financial has 7 investment adviser representatives registered with state securities authorities, out of 9 employees, and 7 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 7 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Aton Financial invest in?","answer":"At the end of its last fiscal year, Aton Financial’s separately managed accounts held 30% exchange-traded equities, 29% U.S. government and agency bonds, 26% registered funds (mutual funds, ETFs, BDCs), 6% cash and equivalents, 4% derivatives, 2% state and local bonds, 1% non-exchange-traded equities, 1% investment grade corporate bonds and 1% pooled vehicles (private funds and similar). It advises 5 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Aton Financial?","answer":"Aton Financial’s direct owners are Marko Rendic (50% to 75%), Christopher McDowall (25% to 50%) and Carmen Trigo Suarez (10% to 25%).","source":"Form ADV Part 1A, Schedules A and B, filed 1 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Aton Financial get paid?","answer":"Aton Financial is paid through a percentage of assets under management, hourly charges, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Aton Financial registered with the SEC?","answer":"Yes, Aton Financial has been registered with the SEC as an investment adviser since 10 April 2018. Its CRD number is 173070 and its SEC file number is 801-112925.","source":"Form ADV Part 1A, Item 1, filed 1 July 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Aton Financial?","answer":"Aton Financial’s main office is at 1116 Ponce De Leon, Suite 300, San Juan, PR 00907. Its phone number is 787-725-6070. Its website is atonfinancial.com.","source":"Form ADV Part 1A, Item 1.F, filed 1 July 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}