{"url":"https://nivawealth.com/firms/freedom-advisory-147546","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/147546","regulatoryAum":880642243,"crd":"147546","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5204687","suffix":null,"lastName":"ALEMAN APONTE","firstName":"KARLAMARY","middleName":null},{"crd":"6309159","suffix":null,"lastName":"DIAZ-MUNIO MENDEZ","firstName":"GIANCARLO","middleName":null},{"crd":"7141245","suffix":null,"lastName":"RAMOS  PEREZ","firstName":"EDUARDO","middleName":"ANDRES"},{"crd":"5551621","suffix":null,"lastName":"RAMOS","firstName":"EDUARDO","middleName":"JOSE"},{"crd":"7579800","suffix":null,"lastName":"Ramos Perez","firstName":"Ricardo","middleName":"Jose"},{"crd":"4205969","suffix":null,"lastName":"RIVERA VAZQUEZ","firstName":"ROBERTO","middleName":"LUIS"}],"total":6,"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":"2021-02-08","regulatoryAum":338908610,"clients":303,"employees":8,"offices":2},{"filedOn":"2022-02-24","regulatoryAum":462943992,"clients":358,"employees":8,"offices":2},{"filedOn":"2023-02-06","regulatoryAum":471868651,"clients":388,"employees":8,"offices":2},{"filedOn":"2024-02-07","regulatoryAum":554310927,"clients":420,"employees":8,"offices":2},{"filedOn":"2025-07-08","regulatoryAum":697771861,"clients":455,"employees":11,"offices":2},{"filedOn":"2026-02-09","regulatoryAum":880642243,"clients":528,"employees":11,"offices":2}],"secFileNumber":"801-110235","legalName":"Freedom Advisory, LLC","displayName":"Freedom Advisory","slug":"freedom-advisory-147546","website":"https://freedom-advisory.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/147546/148b07d90f784d28-r1.webp","tone":"light","width":1692,"height":200,"sourceUrl":"https://freedom-advisory.com/","sourceLabel":"Freedom Advisory, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/freedom-advisory-llc","xUrl":"https://x.com/FREEDOMADVISORY","founded":"2008","organization":"Florida limited liability company","fiscalYearEnd":"December","headquarters":{"street":"Centro Internacional De Mercadeo, 90 Carr 165 Ste 505","city":"Guaynabo","state":"PR","stateName":"Puerto Rico","country":"United States","postalCode":"00968-8067"},"tradeNames":[],"registration":{"secApproved":"3 April 2017","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1858525.2458628842,"staff":{"employees":11,"advisory":6,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":880642243,"discretionary":880642243,"discretionaryAccounts":938,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":18},"clientTypes":[{"label":"Individuals (other than HNW)","clients":257,"regulatoryAum":81000050},{"label":"High-net-worth individuals","clients":166,"regulatoryAum":705156129},{"label":"Pension and profit-sharing plans","clients":83,"regulatoryAum":47865917},{"label":"Charitable organizations","clients":5,"regulatoryAum":4383251},{"label":"Corporations and other businesses","clients":9,"regulatoryAum":42236896},{"label":"Other","clients":8,"regulatoryAum":0}],"feePrograms":[{"role":"main","program":"Investment Management Services","feeBasis":"marginal","fee_tiers":[{"to":1000000,"pct":1.25,"from":0},{"to":5000000,"pct":1,"from":1000000},{"to":10000000,"pct":0.6,"from":5000000},{"to":25000000,"pct":0.4,"from":10000000},{"to":null,"pct":0.25,"from":25000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1007411","versionId":1007411,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-02-09","documentName":"FORM ADV PART 2A DISCLOSURE BROCHURE","fee_rate_low":0.25,"fee_rate_high":1.25,"fee_negotiable":true,"minimum_account":250000,"feeMinimumPeriod":"annual","fee_minimum_annual":1500},{"role":"other","program":"Consulting Services","summary":"Consultations are billed at $250 an hour, negotiable based on financial situation and scope of services.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1007411","versionId":1007411,"submittedOn":"2026-02-09","documentName":"FORM ADV PART 2A DISCLOSURE BROCHURE"},{"role":"other","program":"Data Aggregation and Reporting","summary":"No fee for ByAllAccounts aggregation for clients with over $1 million managed by the firm; other consulting clients pay a minimum yearly fee of $1,000.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1007411","versionId":1007411,"submittedOn":"2026-02-09","documentName":"FORM ADV PART 2A DISCLOSURE BROCHURE"},{"role":"other","program":"Financial Planning Services","summary":"Written plans carry a fixed fee of $2,500 for net worth under $3,000,000, $4,000 up to $10,000,000, or $7,500 above that; negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1007411","versionId":1007411,"submittedOn":"2026-02-09","documentName":"FORM ADV PART 2A DISCLOSURE BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T06:48:26.269568+00:00","documents":[{"name":"FORM ADV PART 2A DISCLOSURE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1007411","versionId":1007411,"submittedOn":"2026-02-09"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":755490343},{"name":"Pershing LLC","shortName":"Pershing","location":"Jersey City, NJ","smaAssets":102605900}],"custodyNote":"Freedom Advisory has custody of $471M for 229 clients.","otherCustodians":[],"leadership":[{"name":"Adriana Guevara","title":"Chief Compliance Officer","crd":"7865866"},{"name":"Eduardo Ramos","title":"Managing Member and Managing Director","crd":"5551621"}],"ownership":[{"label":"Brion LLC","detail":"Direct owner in the 75% or more ownership band and a control person, since January 2024."},{"label":"Eduardo Ramos","detail":"Indirect owner: a managing member of Brion LLC in the 75% or more band and a control person, since November 2021.","parent":"Brion LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"500 East Broward BLVD","city":"Fort Lauderdale"}]},{"state":"Puerto Rico","offices":1,"addresses":[{"street":"Centro Internacional De Mercadeo, 90 Carr 165 Ste 505","city":"Guaynabo","headquarters":true}]}],"brochureServices":["estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"787-792-3000","stateRegisteredReps":6,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription 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":18},{"label":"U.S. government/agency bonds","percent":2},{"label":"U.S. state and local bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":75},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":0},"sources":{"adv1FilingDate":"9 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/147546/PDF/147546.pdf","brochureDate":"9 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1007411","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 Freedom Advisory have?","answer":"Freedom Advisory has 528 clients and manages $881 million for them, as of February 2026. They include 257 individual clients, 166 high-net-worth individuals, and 83 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 9 February 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Freedom Advisory offer?","answer":"Freedom Advisory provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, estate planning, insurance, and tax planning.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Freedom Advisory charge?","answer":"Freedom Advisory charges 0.25%–1.25% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable, has a $1,500 annual minimum and requires an account of at least $250,000.","source":"FORM ADV PART 2A DISCLOSURE BROCHURE, filed 9 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Freedom Advisory use?","answer":"Freedom Advisory’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $755M and Pershing LLC (Jersey City, NJ), with $103M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 9 February 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Freedom Advisory have?","answer":"Freedom Advisory has 6 investment adviser representatives registered with state securities authorities, out of 11 employees, and 6 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 Freedom Advisory invest in?","answer":"At the end of its last fiscal year, Freedom Advisory’s separately managed accounts held 75% registered funds (mutual funds, ETFs, BDCs), 18% exchange-traded equities, 4% cash and equivalents, 2% U.S. government and agency bonds and 1% state and local 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":"Does Freedom Advisory have a minimum investment?","answer":"Yes, Freedom Advisory’s minimum account size for its Investment Management Services is $250K. It charges a $1.5K annual minimum fee.","source":"FORM ADV PART 2A DISCLOSURE BROCHURE, filed 9 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Freedom Advisory?","answer":"Freedom Advisory is owned through a holding company by Eduardo Ramos. Its direct owner is Brion LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 9 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Freedom Advisory get paid?","answer":"Freedom Advisory is paid through a percentage of assets under management and fixed fees. 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":"How do I contact Freedom Advisory?","answer":"Freedom Advisory’s main office is at Centro Internacional De Mercadeo, 90 Carr 165 Ste 505, Guaynabo, PR 00968-8067. Its phone number is 787-792-3000. Its website is freedom-advisory.com.","source":"Form ADV Part 1A, Item 1.F, filed 9 February 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."}