{"url":"https://nivawealth.com/firms/the-phoenix-fund-advisor-316384","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/316384","regulatoryAum":596381715,"crd":"316384","history":[{"filedOn":"2023-06-26","regulatoryAum":349620161,"clients":1,"employees":10,"offices":1},{"filedOn":"2024-03-21","regulatoryAum":603957947,"clients":2,"employees":15,"offices":1},{"filedOn":"2025-10-13","regulatoryAum":596381715,"clients":2,"employees":15,"offices":1}],"secFileNumber":"801-128408","legalName":"The Phoenix Fund Advisor LLC","displayName":"The Phoenix Fund Advisor","slug":"the-phoenix-fund-advisor-316384","website":"https://phoenixfund.com/","classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"founded":null,"organization":"Puerto Rico limited liability company","fiscalYearEnd":"December","headquarters":{"street":"Villa Caparra, 243 PR State Road No. 2","city":"Guaynabo","state":"PR","stateName":"Puerto Rico","country":"United States","postalCode":"00969"},"tradeNames":[],"registration":{"secApproved":"26 July 2023","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":15,"advisory":1,"brokerDealerReps":1,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":596381715,"discretionary":596381715,"discretionaryAccounts":2,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":2,"regulatoryAum":596381715}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"The Phoenix Fund Advisor has custody of $596M for 2 clients.","otherCustodians":[],"leadership":[{"name":"Francisco Rivera Fernandez","title":"Chairman & Chief Executive Officer","crd":"2303039"},{"name":"Luis Jimenez","title":"Chief Compliance Officer","crd":"3036389"},{"name":"Edgar Rivera","title":"General Counsel","crd":"7773493"}],"ownership":[{"label":"Pariter Advisors LLC","detail":"Member in the 50% to 75% ownership band and a control person, since December 2017."},{"label":"Francisco Rivera Fernandez","detail":"Indirect owner: a member of Pariter Advisors LLC in the 75% or more band and a control person, since April 2017.","parent":"Pariter Advisors LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Puerto Rico","offices":1,"addresses":[{"street":"Villa Caparra, 243 PR State Road No. 2","city":"Guaynabo","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"787-510-6600","stateRegisteredReps":0,"otherAdviserReps":1,"compensation":["Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":1},"sources":{"adv1FilingDate":"13 October 2025","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/316384/PDF/316384.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 The Phoenix Fund Advisor have?","answer":"The Phoenix Fund Advisor has 2 clients and manages $596 million for them, as of October 2025. They include 2 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 13 October 2025","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does The Phoenix Fund Advisor offer?","answer":"The Phoenix Fund Advisor provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does The Phoenix Fund Advisor have?","answer":"The Phoenix Fund Advisor has 0 investment adviser representatives registered with state securities authorities, out of 15 employees, and 1 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 1 employee is a licensed insurance agent.","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":"Who owns The Phoenix Fund Advisor?","answer":"The Phoenix Fund Advisor is owned through a holding company by Francisco Rivera Fernandez. Its direct owner is Pariter Advisors LLC (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 13 October 2025","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does The Phoenix Fund Advisor get paid?","answer":"The Phoenix Fund Advisor is paid through 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 The Phoenix Fund Advisor?","answer":"The Phoenix Fund Advisor’s main office is at Villa Caparra, 243 PR State Road No. 2, Guaynabo, PR 00969. Its phone number is 787-510-6600. Its website is phoenixfund.com.","source":"Form ADV Part 1A, Item 1.F, filed 13 October 2025","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."}