{"url":"https://nivawealth.com/firms/futura-asset-advisors-136285","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/136285","regulatoryAum":114835108,"crd":"136285","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2172307","suffix":null,"lastName":"URQUIDI","firstName":"EDWARD","middleName":"HENRY"}],"total":1,"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":"2021-03-31","regulatoryAum":187217378,"clients":30,"employees":4,"offices":1},{"filedOn":"2022-04-13","regulatoryAum":390249637,"clients":42,"employees":3,"offices":1},{"filedOn":"2023-03-28","regulatoryAum":442903118,"clients":49,"employees":2,"offices":1},{"filedOn":"2024-03-20","regulatoryAum":310732425,"clients":37,"employees":2,"offices":1},{"filedOn":"2025-04-23","regulatoryAum":296641585,"clients":35,"employees":2,"offices":2},{"filedOn":"2026-04-29","regulatoryAum":114835108,"clients":17,"employees":1,"offices":1}],"secFileNumber":"801-106591","legalName":"Futura Asset Advisors LLC","displayName":"Futura Asset Advisors","slug":"futura-asset-advisors-136285","website":"https://futuraadvisors.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Florida limited liability company","fiscalYearEnd":"December","headquarters":{"street":"2121 Ponce De Leon BLVD, Suite 405","city":"Coral Gables","state":"FL","stateName":"Florida","country":"United States","postalCode":"33134"},"tradeNames":[],"registration":{"secApproved":"31 August 2015","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":5113166.769230769,"staff":{"employees":1,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":114835108,"discretionary":107152988,"discretionaryAccounts":16,"nonDiscretionary":7682120,"nonDiscretionaryAccounts":1,"wrapProgram":null,"nonUsClientsPct":88,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":2,"regulatoryAum":312787},{"label":"High-net-worth individuals","clients":11,"regulatoryAum":66158381},{"label":"Insurance companies","clients":2,"fewerThan5":true,"regulatoryAum":26695289},{"label":"Corporations and other businesses","clients":2,"fewerThan5":true,"regulatoryAum":21668651}],"feePrograms":[{"role":"main","program":"Investment management services","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043221","versionId":1043221,"ratePeriod":"not_stated","fee_billing":"arrears","submittedOn":"2026-04-29","documentName":"ADV PART 2A","fee_rate_low":null,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Non-asset based consulting","summary":"Non-asset based consulting is charged hourly or as a fixed fee, negotiated case by case; no rate is stated.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043221","versionId":1043221,"submittedOn":"2026-04-29","documentName":"ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T09:05:43.296168+00:00","documents":[{"name":"ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043221","versionId":1043221,"submittedOn":"2026-04-29"}]},"custodians":[{"name":"Morgan Stanley Smith Barney LLC","shortName":"Morgan Stanley","location":"Purchase, NY","smaAssets":29670128},{"name":"Valley Financial Management, Inc.","shortName":"Valley Financial Management","location":"New York, NY","smaAssets":49090156},{"name":"J.P. 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Morgan","location":"New York, NY","smaAssets":20908937}],"custodyNote":"Futura Asset Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Edward Urquidi","title":"President/Chief Compliance Officer","crd":"2172307"}],"ownership":[{"label":"Futura Global Wealth LLC","detail":"Holding company in the 75% or more ownership band and a control person, since August 2025."},{"label":"Edward Urquidi","detail":"Indirect owner: a member of Futura Global Wealth LLC in the 75% or more band and a control person, since May 2024.","parent":"Futura Global Wealth LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"2121 Ponce De Leon BLVD, Suite 405","city":"Coral Gables","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"305-774-9906","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Portfolio management for individuals and/or small businesses"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":14},{"label":"U.S. government/agency bonds","percent":20},{"label":"Sovereign bonds","percent":1},{"label":"Investment grade corporate bonds","percent":4},{"label":"Non-investment grade corporate bonds","percent":3},{"label":"Securities issued by registered investment companies or business development companies","percent":52},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":4},{"label":"Cash and cash equivalents","percent":1},{"label":"Other","percent":1,"detail":"Precious Metals, Preferred Stocks, Structured Products, Adrs"}],"privateFunds":0},"sources":{"adv1FilingDate":"29 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/136285/PDF/136285.pdf","brochureDate":"29 April 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043221","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 Futura Asset Advisors have?","answer":"Futura Asset Advisors has 17 clients and manages $115 million for them, as of April 2026. They include 11 high-net-worth individuals, 2 individual clients and 2 insurance companies.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 29 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Futura Asset Advisors offer?","answer":"Futura Asset Advisors provides portfolio management for individuals and small businesses.","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 Futura Asset Advisors charge?","answer":"Futura Asset Advisors charges up to 1.00% for its Investment management services. The brochure does not state whether the rate is annual. The fee is billed in arrears and is negotiable.","source":"ADV PART 2A, filed 29 April 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Futura Asset Advisors use?","answer":"Futura Asset Advisors’ separately managed account assets are held at Valley Financial Management, Inc. (New York, NY), with $49.1M, Morgan Stanley Smith Barney LLC (Purchase, NY), with $29.7M and J.P. Morgan Securities LLC (New York, NY), with $20.9M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Futura Asset Advisors have?","answer":"Futura Asset Advisors has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 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 Futura Asset Advisors invest in?","answer":"At the end of its last fiscal year, Futura Asset Advisors’ separately managed accounts held 52% registered funds (mutual funds, ETFs, BDCs), 20% U.S. government and agency bonds, 14% exchange-traded equities, 4% investment grade corporate bonds, 4% pooled vehicles (private funds and similar), 3% high-yield corporate bonds, 1% sovereign bonds, 1% cash and equivalents and 1% other. The 1% other category is described as: Precious Metals, Preferred Stocks, Structured Products, Adrs.","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 Futura Asset Advisors?","answer":"Futura Asset Advisors is owned through a holding company by Edward Urquidi. Its direct owner is Futura Global Wealth LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 29 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Futura Asset Advisors get paid?","answer":"Futura Asset Advisors 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 Futura Asset Advisors?","answer":"Futura Asset Advisors’ main office is at 2121 Ponce De Leon BLVD, Suite 405, Coral Gables, FL 33134. Its phone number is 305-774-9906. Its website is futuraadvisors.com.","source":"Form ADV Part 1A, Item 1.F, filed 29 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."}