{"url":"https://nivawealth.com/firms/fitzroy-investment-advisors-174342","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/174342","regulatoryAum":1042976788,"crd":"174342","history":[{"filedOn":"2021-03-30","regulatoryAum":513187389,"clients":48,"employees":6,"offices":1},{"filedOn":"2022-03-30","regulatoryAum":595010667,"clients":48,"employees":7,"offices":2},{"filedOn":"2023-03-30","regulatoryAum":582425775,"clients":52,"employees":6,"offices":2},{"filedOn":"2024-03-28","regulatoryAum":662347896,"clients":61,"employees":7,"offices":2},{"filedOn":"2025-03-31","regulatoryAum":1009412939,"clients":68,"employees":9,"offices":2},{"filedOn":"2026-03-31","regulatoryAum":1042976788,"clients":81,"employees":9,"offices":2}],"secFileNumber":"801-80828","legalName":"Fitzroy Investment Advisors LLC","displayName":"FitzRoy Investment Advisors","slug":"fitzroy-investment-advisors-174342","website":"https://fria.us/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/174342/53b878bc50aafa87-r1.webp","tone":"dark","width":972,"height":200,"sourceUrl":"https://fria.us/","sourceLabel":"Fitzroy Investment Advisors LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/fitzroy-investment-advisors/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"21500 Biscayne Boulevard, Suite 404","city":"Aventura","state":"FL","stateName":"Florida","country":"United States","postalCode":"33180"},"tradeNames":[],"registration":{"secApproved":"11 February 2015","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":12876256.641975308,"staff":{"employees":9,"advisory":8,"brokerDealerReps":0,"insuranceAgents":0,"promoters":1},"aum":{"regulatory":1042976788,"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":1042976788,"nonDiscretionaryAccounts":81,"wrapProgram":null,"nonUsClientsPct":43,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":81,"regulatoryAum":1042976788}],"feePrograms":[{"role":"main","program":"Advisory Fees","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1036580","versionId":1036580,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-31","documentName":"FITZROY INVESTMENT ADVISORS PART 2A","fee_rate_low":0.35,"fee_rate_high":0.45,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Non-Advisory Services","summary":"Customized reporting, asset reconciliation and CPA coordination are separately negotiated and may be charged as a fixed fee or a percentage of reported assets.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1036580","versionId":1036580,"submittedOn":"2026-03-31","documentName":"FITZROY INVESTMENT ADVISORS PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T05:09:47.178415+00:00","documents":[{"name":"FITZROY INVESTMENT ADVISORS PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1036580","versionId":1036580,"submittedOn":"2026-03-31"}]},"custodians":[],"custodyNote":"FitzRoy Investment Advisors does not have custody of client assets.","leadership":[{"name":"Catarina Silva","title":"COO","crd":"6549056"},{"name":"Jose Fernandez","title":"Managing Member, CEO, CCO","crd":"2567136"}],"ownership":[{"label":"Jose Fernandez","detail":"Managing member, ceo, cco in the 75% or more ownership band and a control person, since December 2014."}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"21500 Biscayne Boulevard, Suite 404","city":"Aventura","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"347-580-9762","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":24},{"label":"Non-exchange-traded equity securities","percent":2},{"label":"U.S. government/agency bonds","percent":8},{"label":"U.S. state and local bonds","percent":10},{"label":"Investment grade corporate bonds","percent":13},{"label":"Non-investment grade corporate bonds","percent":5},{"label":"Securities issued by registered investment companies or business development companies","percent":3},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":30},{"label":"Cash and cash equivalents","percent":4},{"label":"Other","percent":1,"detail":"Individual Loans Made by the Client to Third Parties and Real Estate Investments."}],"privateFunds":0},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/174342/PDF/174342.pdf","brochureDate":"31 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1036580","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 FitzRoy Investment Advisors have?","answer":"FitzRoy Investment Advisors has 81 clients and manages $1.04 billion for them, as of March 2026. They include 81 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does FitzRoy Investment Advisors offer?","answer":"FitzRoy Investment Advisors provides financial planning, portfolio management for individuals and small businesses, 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 FitzRoy Investment Advisors charge?","answer":"FitzRoy Investment Advisors charges 0.35%–0.45% a year for its Advisory Fees. The fee is billed in arrears and is negotiable.","source":"FITZROY INVESTMENT ADVISORS PART 2A, filed 31 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"How many financial advisors does FitzRoy Investment Advisors have?","answer":"FitzRoy Investment Advisors has 0 investment adviser representatives registered with state securities authorities, out of 9 employees, and 8 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 FitzRoy Investment Advisors invest in?","answer":"At the end of its last fiscal year, FitzRoy Investment Advisors’ separately managed accounts held 30% pooled vehicles (private funds and similar), 24% exchange-traded equities, 13% investment grade corporate bonds, 10% state and local bonds, 8% U.S. government and agency bonds, 5% high-yield corporate bonds, 4% cash and equivalents, 3% registered funds (mutual funds, ETFs, BDCs), 2% non-exchange-traded equities and 1% other. The 1% other category is described as: Individual Loans Made by the Client to Third Parties and Real Estate Investments.","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 FitzRoy Investment Advisors?","answer":"FitzRoy Investment Advisors’ direct owner is Jose Fernandez (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does FitzRoy Investment Advisors get paid?","answer":"FitzRoy Investment Advisors is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees 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 FitzRoy Investment Advisors registered with the SEC?","answer":"Yes, FitzRoy Investment Advisors has been registered with the SEC as an investment adviser since 11 February 2015. Its CRD number is 174342 and its SEC file number is 801-80828.","source":"Form ADV Part 1A, Item 1, filed 31 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact FitzRoy Investment Advisors?","answer":"FitzRoy Investment Advisors’ main office is at 21500 Biscayne Boulevard, Suite 404, Aventura, FL 33180. Its phone number is 347-580-9762. Its website is fria.us.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 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."}