{"url":"https://nivawealth.com/firms/balanz-advisors-322263","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/322263","regulatoryAum":152608123,"crd":"322263","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7884646","suffix":null,"lastName":"BARROS","firstName":"KEVIN","middleName":"IVES"},{"crd":"6156494","suffix":null,"lastName":"DAZA","firstName":"DIEGO","middleName":"FERNANDO"},{"crd":"7367627","suffix":null,"lastName":"DeBrito","firstName":"John","middleName":null},{"crd":"7246608","suffix":null,"lastName":"Francia 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Advisors LLC","displayName":"Balanz Advisors","slug":"balanz-advisors-322263","website":"https://balanz.us/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/322263/969f7c6932511123-r1.webp","tone":"dark","width":1063,"height":200,"sourceUrl":"https://balanz.us","sourceLabel":"Balanz, website"},"classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_wealth_manager","typeLabel":"OCIO / institutional wealth","feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/balanz-usa","founded":null,"organization":"Florida limited liability company","fiscalYearEnd":"December","headquarters":{"street":"2811 Ponce De Leon BLVD., Suite 710","city":"Coral Gables","state":"FL","stateName":"Florida","country":"United States","postalCode":"33134"},"tradeNames":["Balanz","Balanz USA"],"registration":{"secApproved":"2 November 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":857579.9841269841,"staff":{"employees":11,"advisory":4,"brokerDealerReps":4,"insuranceAgents":0,"promoters":3},"aum":{"regulatory":152608123,"discretionary":29609162,"discretionaryAccounts":32,"nonDiscretionary":122998961,"nonDiscretionaryAccounts":34,"wrapProgram":null,"nonUsClientsPct":9,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":31,"regulatoryAum":7622458},{"label":"High-net-worth individuals","clients":32,"regulatoryAum":46405081},{"label":"Other investment advisers","clients":1,"regulatoryAum":98244019},{"label":"Corporations and other businesses","clients":2,"regulatoryAum":336565}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Stonex Financial Inc.","shortName":"Stonex Financial","location":"Winter Park, FL","smaAssets":6907186},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":40282915}],"custodyNote":"Balanz Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Philippe Gonzales","title":"CCO","crd":"5667179"},{"name":"Alfred Lucier","title":"CEO/Managing Director","crd":"2872941"}],"ownership":[{"label":"Balanz Holdings US LLC","detail":"Sole member in the 75% or more ownership band and a control person, since September 2021."},{"label":"Balanz Capital Group S.a.","detail":"Indirect owner: a shareholder of Balanz Holdings US LLC in the 75% or more band and a control person, since September 2022.","parent":"Balanz Holdings US LLC"},{"label":"Claudio Porcel","detail":"Indirect owner: a shareholder of Balanz Capital Group S.a. in the 25% to 50% band and a control person, since October 2010.","parent":"Balanz Capital Group S.a."},{"label":"Isabel Pita","detail":"Indirect owner: shareholder of Balanz Capital Group S.a. and a control person, since October 2010.","parent":"Balanz Capital Group S.a."},{"label":"Juan Bernardez","detail":"Indirect owner: shareholder of Balanz Capital Group S.a. and a control person, since October 2010.","parent":"Balanz Capital Group S.a."},{"label":"Octavio Bernardez","detail":"Indirect owner: shareholder of Balanz Capital Group S.a. and a control person, since October 2010.","parent":"Balanz Capital Group S.a."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"2811 Ponce De Leon BLVD., Suite 710","city":"Coral Gables","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"786-292-7009","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":10},{"label":"U.S. government/agency bonds","percent":10},{"label":"Sovereign bonds","percent":2},{"label":"Investment grade corporate bonds","percent":8},{"label":"Non-investment grade corporate bonds","percent":18},{"label":"Securities issued by registered investment companies or business development companies","percent":47},{"label":"Cash and cash equivalents","percent":5}],"privateFunds":0},"sources":{"adv1FilingDate":"2 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/322263/PDF/322263.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Balanz Advisors have?","answer":"Balanz Advisors has 66 clients and manages $153 million for them, as of April 2026. They include 32 high-net-worth individuals, 31 individual clients, and 2 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 2 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Balanz Advisors offer?","answer":"Balanz Advisors provides portfolio management for individuals and small businesses and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Balanz Advisors use?","answer":"Balanz Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $40.3M and Stonex Financial Inc. (Winter Park, FL), with $6.91M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Balanz Advisors have?","answer":"Balanz Advisors has 4 investment adviser representatives registered with state securities authorities, out of 11 employees, and 4 perform investment advisory functions. 4 employees are registered representatives of a broker-dealer and 0 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 Balanz Advisors invest in?","answer":"At the end of its last fiscal year, Balanz Advisors’ separately managed accounts held 47% registered funds (mutual funds, ETFs, BDCs), 18% high-yield corporate bonds, 10% exchange-traded equities, 10% U.S. government and agency bonds, 8% investment grade corporate bonds, 5% cash and equivalents and 2% sovereign bonds.","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 Balanz Advisors?","answer":"Balanz Advisors is owned through a chain of holding companies by Claudio Porcel. Its direct owner is Balanz Holdings US LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 2 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Balanz Advisors get paid?","answer":"Balanz Advisors is paid through a percentage of assets under management 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":"How do I contact Balanz Advisors?","answer":"Balanz Advisors’ main office is at 2811 Ponce De Leon BLVD., Suite 710, Coral Gables, FL 33134. Its phone number is 786-292-7009. Its website is balanz.us.","source":"Form ADV Part 1A, Item 1.F, filed 2 April 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."}