Scala Capital provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and selecting other managers. The firm advises 13 private funds.
Scala Capital reports 403 clients. They include 261 individual clients, 84 high-net-worth individuals and 39 other clients. Of its assets, 96.4% ($367M across 349 accounts) are managed with discretion; $13.8M across 41 accounts are not. Of its clients, 66% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 65% | 14% |
| High-net-worth individuals | 21% | 48% |
| Banking or thrift institutions | <1% | 4% |
| Pooled investment vehicles | 3% | 17% |
| Charitable organizations | <1% | 1% |
| Other client typesCorporations and other businesses; Other | 10% | 15% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 261 | $54.2M | 14.2% | $208K |
| High-net-worth individuals | 84 | $184M | 48.3% | $2.19M |
| Banking or thrift institutions | 2 | $15.7M | 4.1% | $7.84M |
| Pooled investment vehicles | 13 | $65.9M | 17.3% | $5.07M |
| Charitable organizations | 1 | $4.2M | 1.1% | $4.2M |
| Corporations and other businesses | 3 | $745K | 0.2% | $248K |
| Other | 39 | $56.1M | 14.7% | $1.44M |
| Total | 403 | $380M | 100% | $944K |
- Clients
- 261
- Regulatory AUM
- $54.2M
- AUM share
- 14.2%
- Avg. per client
- $208K
- Clients
- 84
- Regulatory AUM
- $184M
- AUM share
- 48.3%
- Avg. per client
- $2.19M
- Clients
- 2
- Regulatory AUM
- $15.7M
- AUM share
- 4.1%
- Avg. per client
- $7.84M
- Clients
- 13
- Regulatory AUM
- $65.9M
- AUM share
- 17.3%
- Avg. per client
- $5.07M
- Clients
- 1
- Regulatory AUM
- $4.2M
- AUM share
- 1.1%
- Avg. per client
- $4.2M
- Clients
- 3
- Regulatory AUM
- $745K
- AUM share
- 0.2%
- Avg. per client
- $248K
- Clients
- 39
- Regulatory AUM
- $56.1M
- AUM share
- 14.7%
- Avg. per client
- $1.44M
Total
- Clients
- 403
- Regulatory AUM
- $380M
- AUM share
- 100%
- Avg. per client
- $944K
- Clients outside the U.S.
- 66%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 13
- Financial planning clients last fiscal year
- 0
Scala Capital charges 1.00%–1.50% a year for its Portfolio Management Services. The fee is billed in advance or in arrears and is negotiable.
Fee details and sources
Era Ventures Corporation owns 25% to 50% of Scala Capital and is in turn owned by Alberto Siblesz (75% or more). The leadership team of Scala Capital includes Chief Compliance Officer Alberto Siblesz. It has 12 employees, 8 of them in advisory roles.
Leadership
- Alberto SibleszChief Compliance Officer
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
- Luciano Manuel Cuneo
- Terrence Patrick Cunningham
- Estefania Gorman
- David NMN Guenoun
- Alberto Eduardo Siblesz
Staff
- 12 employees
- 8 in advisory functions
- 5 state-registered reps
- 2 broker-dealer reps
- 6 soliciting firms
- Owns 25% to 50% of Scala Capital LLC
Era Ventures Corporation
Control person · since December 2010
- Owns 75% or more of Era Ventures Corporation
Alberto Siblesz
Control person · since December 2010
- Owns 25% to 50% of Scala Capital LLC
Agra Ventures Corporation
Control person · since December 2010
- Owns 75% or more of Agra Ventures Corporation
Esteban Tome
Control person · since December 2010
- Owns 25% to 50% of Scala Capital LLC
Skyview Ventures, Inc.
Control person · since December 2010
- Owns 75% or more of Skyview Ventures, Inc.
David Guenoun
Control person · since December 2010
- Owns 5% to 10% of Scala Capital LLC
Softie Ventures Inc.
since December 2025
- Owns 75% or more of Softie Ventures Inc.
William Herdan
Control person · since November 2025
Scala Capital’s regulatory assets grew 2.1× from $185M (February 2021) to $380M (January 2026); clients rose from 189 to 403 and employees from 8 to 12.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| January 2026 | $380M | 403 | 12 | 2 |
| July 2025 | $307M | 351 | 11 | 2 |
| March 2024 | $260M | 275 | 7 | 2 |
| March 2023 | $235M | 296 | 7 | 2 |
| March 2022 | $218M | 268 | 9 | 2 |
| February 2021 | $185M | 189 | 8 | 2 |
Besides its headquarters, Scala Capital has 1 office, with 2 listed addresses in Florida.
Florida · 2 listed addresses
- 999 Brickell Avenue, Suite 1006, MiamiHQ
- 3323 Ne 163rd St, Aventura
Contact and registration details
- Legal name
- Scala Capital LLC
- Headquarters
- 999 Brickell Avenue, Suite 1006, Miami, FL 33131
- Website
- scala-capital.com
- Phone
- 305-539-3850
- SEC file
- 801-112881
- Structure
- Florida LLC
- Fiscal year end
- December
Scala Capital uses Charles Schwab ($212M, 75%) and Stonex Financial ($71.1M, 25%) as custodians for its separately managed accounts. Scala Capital has custody of $65.9M in client assets for 13 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $212M75%
- Stonex FinancialStonex Financial Inc. · Winter Park, FL · $71.1M25%
At year end, Scala Capital’s separately managed accounts were largely in stocks (31%) and bonds (31%).
What the accounts hold
- Stocks31%
- Exchange-traded equities30%
- Non-exchange-traded equities1%
- Funds23%
- Pooled vehicles21%
- Registered funds2%
- Bonds31%
- Investment grade corporate bonds13%
- High-yield corporate bonds12%
- U.S. government and agency bonds4%
- State and local bonds1%
- Sovereign bonds1%
- Cash7%
- Other7%
- Derivatives5%
- Commodities2%
Filed values cover 99%. The neutral 1% gap has no reported category.
How many clients does Scala Capital have?
Scala Capital has 403 clients and manages $380 million for them, as of January 2026. They include 261 individual clients, 84 high-net-worth individuals and 39 other clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 January 2026
What services does Scala Capital offer?
Scala Capital provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Scala Capital charge?
Scala Capital charges 1.00%–1.50% a year for its Portfolio Management Services. The fee is billed in advance or in arrears and is negotiable.
Which custodians does Scala Capital use?
Scala Capital’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $212M and Stonex Financial Inc. (Winter Park, FL), with $71.1M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 January 2026
How many financial advisors does Scala Capital have?
Scala Capital has 5 investment adviser representatives registered with state securities authorities, out of 12 employees, and 8 perform investment advisory functions. 2 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
What does Scala Capital invest in?
At the end of its last fiscal year, Scala Capital’s separately managed accounts held 30% exchange-traded equities, 21% pooled vehicles (private funds and similar), 13% investment grade corporate bonds, 12% high-yield corporate bonds, 7% cash and equivalents, 5% derivatives, 4% U.S. government and agency bonds, 2% registered funds (mutual funds, ETFs, BDCs), 2% other, 1% non-exchange-traded equities, 1% state and local bonds and 1% sovereign bonds. The 2% other category is described as: Commodities. It advises 13 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Scala Capital?
Scala Capital is owned through holding companies by Alberto Siblesz, Esteban Tome, David Guenoun and William Herdan. Its direct owners are Era Ventures Corporation, Agra Ventures Corporation, Skyview Ventures, Inc. and Softie Ventures Inc., each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 30 January 2026
How does Scala Capital get paid?
Scala Capital 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
How do I contact Scala Capital?
Scala Capital’s main office is at 999 Brickell Avenue, Suite 1006, Miami, FL 33131. Its phone number is 305-539-3850. Its website is scala-capital.com.