{"url":"https://nivawealth.com/firms/valor-advisors-171358","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/171358","regulatoryAum":4005662140,"crd":"171358","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5197035","suffix":null,"lastName":"MENDOZA","firstName":"GONZALO","middleName":"ANDRES"},{"crd":"5593630","suffix":null,"lastName":"SECADA","firstName":"FRANCISCO","middleName":"ORAZIO"},{"crd":"5809432","suffix":null,"lastName":"TERAN","firstName":"CLAUDIA","middleName":"Isabel"}],"total":3,"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":"2021-03-30","regulatoryAum":2329015880,"clients":40,"employees":14,"offices":1},{"filedOn":"2022-03-30","regulatoryAum":2662673765,"clients":53,"employees":15,"offices":1},{"filedOn":"2023-03-31","regulatoryAum":2662274951,"clients":58,"employees":16,"offices":1},{"filedOn":"2024-03-26","regulatoryAum":3143177706,"clients":61,"employees":16,"offices":1},{"filedOn":"2025-03-31","regulatoryAum":3123404927,"clients":61,"employees":16,"offices":1},{"filedOn":"2026-09-01","regulatoryAum":4005662140,"clients":66,"employees":16,"offices":1}],"secFileNumber":"801-79691","legalName":"Valor Advisors LLC","displayName":"Valor Advisors","slug":"valor-advisors-171358","website":"https://valorad.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/171358/b1f085038cce9e37-r1.webp","tone":"light","width":546,"height":200,"sourceUrl":"https://www.valorad.com/","sourceLabel":"Valor Advisors LLC, website"},"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":"1441 Brickell Avenue, Suite 1500","city":"Miami","state":"FL","stateName":"Florida","country":"United States","postalCode":"33131"},"tradeNames":[],"registration":{"secApproved":"19 May 2014","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":56449156.21212121,"staff":{"employees":16,"advisory":8,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":4005662140,"discretionary":355703971,"discretionaryAccounts":15,"nonDiscretionary":3649958169,"nonDiscretionaryAccounts":54,"wrapProgram":null,"nonUsClientsPct":84,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":66,"regulatoryAum":3725644310},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":66918942},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":213098888}],"feePrograms":[{"role":"main","program":"Portfolio Management Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035543","versionId":1035543,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-31","documentName":"VALOR ADVISORS FORM ADV PART 2A","fee_rate_low":0.75,"fee_rate_high":1,"fee_negotiable":null,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Consulting Services","summary":"One-time business consulting is a fixed fee negotiated with the client; ongoing consulting on account funds is a negotiated fee based on account value.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035543","versionId":1035543,"submittedOn":"2026-03-31","documentName":"VALOR ADVISORS FORM ADV PART 2A"},{"role":"other","program":"Statement Consolidation Services","summary":"Statement consolidation is a fee based on the value of assets in the accounts, monthly or quarterly, with the rate negotiated with the client.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035543","versionId":1035543,"submittedOn":"2026-03-31","documentName":"VALOR ADVISORS FORM ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T05:06:34.690499+00:00","documents":[{"name":"VALOR ADVISORS FORM ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035543","versionId":1035543,"submittedOn":"2026-03-31"}]},"custodians":[{"name":"J.P. 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They include 66 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 1 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Valor Advisors offer?","answer":"Valor Advisors provides portfolio management for individuals and small businesses and portfolio management for institutions.","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 Valor Advisors charge?","answer":"Valor Advisors charges 0.75%–1.00% a year for its Portfolio Management Services. The fee is billed in arrears.","source":"VALOR ADVISORS FORM ADV PART 2A, filed 31 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Valor Advisors use?","answer":"Valor Advisors’ separately managed account assets are held at J.P. Morgan Securities LLC (New York City, NY), with $2.15B and Morgan Stanley & Co. LLC (New York, NY), with $536M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Valor Advisors have?","answer":"Valor Advisors has 3 investment adviser representatives registered with state securities authorities, out of 16 employees, and 8 perform investment advisory functions. 0 employees are registered representatives 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":"What does Valor Advisors invest in?","answer":"At the end of its last fiscal year, Valor Advisors’ separately managed accounts held 56% registered funds (mutual funds, ETFs, BDCs), 23% investment grade corporate bonds, 7% pooled vehicles (private funds and similar), 4% exchange-traded equities, 3% U.S. government and agency bonds, 3% cash and equivalents, 2% high-yield corporate bonds, 1% non-exchange-traded equities and 1% other. The 1% other category is described as: Hard Assets and Real Estate.","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 Valor Advisors?","answer":"Valor Advisors is owned through a holding company by Francisco Narvaez and Francisco Secada Tubino. Its direct owner is Valor Capital Management LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 1 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Valor Advisors get paid?","answer":"Valor Advisors is paid through a percentage of assets under management, fixed fees, performance-based fees and other compensation. 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":"Is Valor Advisors registered with the SEC?","answer":"Yes, Valor Advisors has been registered with the SEC as an investment adviser since 19 May 2014. Its CRD number is 171358 and its SEC file number is 801-79691.","source":"Form ADV Part 1A, Item 1, filed 1 September 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Valor Advisors?","answer":"Valor Advisors’ main office is at 1441 Brickell Avenue, Suite 1500, Miami, FL 33131. Its phone number is 305-424-1432. Its website is valorad.com.","source":"Form ADV Part 1A, Item 1.F, filed 1 September 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/valor-advisors-171358/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/2108599/000139834426014588/0001398344-26-014588-index.html","totalValue":135665706,"positionCount":32,"top10Share":0.9068394631728081,"top10":[{"issuer":"STATE STR SPDR S&P 500 ETF T","titleOfClass":"TR UNIT","cusip":"78462F103","value":57558045,"shares":77076,"shareType":"SH","priorValue":54983215,"priorShares":80395},{"issuer":"VANGUARD INDEX FDS","titleOfClass":"S&P 500 ETF SHS","cusip":"922908363","value":22177095,"shares":32290,"shareType":"SH","priorValue":11136575,"priorShares":17758},{"issuer":"BERKSHIRE HATHAWAY INC DEL","titleOfClass":"CL B 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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."}