Vitral Advisors provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions.
Vitral Advisors reports 159 clients. They include 102 individual clients, 42 high-net-worth individuals, and 15 corporations and other businesses. Of its assets, 48.1% ($74.5M across 139 accounts) are managed with discretion; $80.3M across 20 accounts are not. Of its clients, 96% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 64% | 16% |
| High-net-worth individuals | 26% | 28% |
| Corporations and other businesses | 9% | 57% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 102 | $24.2M | 15.6% | $237K |
| High-net-worth individuals | 42 | $43M | 27.7% | $1.02M |
| Corporations and other businesses | 15 | $87.6M | 56.6% | $5.84M |
| Total | 159 | $155M | 100% | $974K |
- Clients
- 102
- Regulatory AUM
- $24.2M
- AUM share
- 15.6%
- Avg. per client
- $237K
- Clients
- 42
- Regulatory AUM
- $43M
- AUM share
- 27.7%
- Avg. per client
- $1.02M
- Clients
- 15
- Regulatory AUM
- $87.6M
- AUM share
- 56.6%
- Avg. per client
- $5.84M
Total
- Clients
- 159
- Regulatory AUM
- $155M
- AUM share
- 100%
- Avg. per client
- $974K
- Clients outside the U.S.
- 96%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Vitral Advisors is paid through a percentage of assets under management; its fees and minimums are set out in its brochures on the SEC website.
Vitral Holdings LTD owns 75% or more of Vitral Advisors and is in turn owned by Jose Carrillo-Batalla (50–75%) and Vicente Carrillo-Batalla (25–50%). Carlos Rizzolo is CEO. It has 5 employees, 2 of them in advisory roles.
Leadership
- Carlos RizzoloChief Executive Officer, Chief Compliance Officer, Manager
- Jose Carrillo-BatallaManager
- Vicente Carrillo-BatallaManager
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
- Enrique Alberto Zambrano Valero
Staff
- 5 employees
- 2 in advisory functions
- 1 state-registered rep
- Owns 75% or more of Vitral Advisors LLC
Vitral Holdings LTD
since March 2018
- Owns 50% to 75% of Vitral Holdings LTD
Jose Carrillo-Batalla
Control person · since February 2018
- Owns 25% to 50% of Vitral Holdings LTD
Vicente Carrillo-Batalla
Control person · since February 2018
Carlos Rizzolo
Owner · Control person · since February 2018
Valentina Acosta
Owner · Control person · since December 2023
Eduardo Villegas
Owner · Control person · since December 2023
Vitral Advisors’ regulatory assets grew 1.7× from $93.1M (March 2021) to $155M (March 2026); clients rose from 70 to 159 and employees from 4 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $155M | 159 | 5 | 1 |
| March 2025 | $132M | 168 | 5 | 1 |
| April 2024 | $118M | 130 | 5 | 1 |
| April 2023 | $92.7M | 141 | 4 | 1 |
| March 2022 | $106M | 129 | 4 | 1 |
| March 2021 | $93.1M | 70 | 4 | 1 |
Besides its headquarters, Vitral Advisors has 0 offices, with 1 listed address with no US state reported.
Contact and registration details
- Legal name
- Vitral Advisors LLC
- Headquarters
- Not reported
- Website
- vitraladvisors.com
- Phone
- 212-287-4034
- SEC file
- 801-113475
- Structure
- Florida LLC
- Fiscal year end
- December
Vitral Advisors uses Interactive Brokers ($44.2M, 33%), Merrill Lynch, Pierce, Fenner & Smith ($40.6M, 30%) and Stonex Financial ($27.6M, 21%), among others, as custodians for its separately managed accounts. Vitral Advisors does not have custody of client assets.
- Stonex FinancialStonex Financial Inc. · Birmingham, AL · $27.6M21%
- Interactive BrokersInteractive Brokers LLC · Greenwich, CT · $44.2M33%
- Rothschild & Co USRothschild & Co US Inc. · New York, NY · $22M16%
- Merrill Lynch, Pierce, Fenner & SmithMerrill Lynch, Pierce, Fenner & Smith Incorporated · New York, NY · $40.6M30%
At year end, Vitral Advisors’ separately managed accounts were mostly in stocks (59%) and cash (31%).
What the accounts hold
- Stocks59%
- Bonds9%
- Investment grade corporate bonds6%
- High-yield corporate bonds3%
- Cash31%
Filed values cover 99%. The neutral 1% gap has no reported category.
How many clients does Vitral Advisors have?
Vitral Advisors has 159 clients and manages $155 million for them, as of March 2026. They include 102 individual clients, 42 high-net-worth individuals, and 15 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Vitral Advisors offer?
Vitral Advisors provides financial planning, 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
Which custodians does Vitral Advisors use?
Vitral Advisors’ separately managed account assets are held at Interactive Brokers LLC (Greenwich, CT), with $44.2M, Merrill Lynch, Pierce, Fenner & Smith Incorporated (New York, NY), with $40.6M, Stonex Financial Inc. (Birmingham, AL), with $27.6M and Rothschild & Co US Inc. (New York, NY), with $22M. 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 March 2026
How many financial advisors does Vitral Advisors have?
Vitral Advisors has 1 investment adviser representative registered with state securities authorities, out of 5 employees, and 2 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
What does Vitral Advisors invest in?
At the end of its last fiscal year, Vitral Advisors’ separately managed accounts held 59% exchange-traded equities, 31% cash and equivalents, 6% investment grade corporate bonds and 3% high-yield corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Vitral Advisors?
Vitral Advisors is owned through a holding company by Jose and Vicente Carrillo-Batalla. Its direct owner is Vitral Holdings LTD (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Vitral Advisors get paid?
Vitral Advisors is paid through a percentage of assets under management. 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
How do I contact Vitral Advisors?
Its phone number is 212-287-4034. Its website is vitraladvisors.com.