{"url":"https://nivawealth.com/firms/vitral-advisors-294631","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/294631","regulatoryAum":154819622,"crd":"294631","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7566304","suffix":null,"lastName":"Zambrano Valero","firstName":"Enrique","middleName":"Alberto"}],"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":"2021-03-30","regulatoryAum":93122912,"clients":70,"employees":4,"offices":1},{"filedOn":"2022-03-30","regulatoryAum":105677255,"clients":129,"employees":4,"offices":1},{"filedOn":"2023-04-03","regulatoryAum":92655315,"clients":141,"employees":4,"offices":1},{"filedOn":"2024-04-01","regulatoryAum":117813116,"clients":130,"employees":5,"offices":1},{"filedOn":"2025-03-31","regulatoryAum":131502273,"clients":168,"employees":5,"offices":1},{"filedOn":"2026-03-30","regulatoryAum":154819622,"clients":159,"employees":5,"offices":1}],"secFileNumber":"801-113475","legalName":"Vitral Advisors LLC","displayName":"Vitral Advisors","slug":"vitral-advisors-294631","website":"https://vitraladvisors.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/294631/427ea4073e9fc2d1-r1.webp","tone":"light","width":525,"height":200,"sourceUrl":"https://www.vitraladvisors.com/","sourceLabel":"Vitral Advisors LLC, website"},"classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_wealth_manager","typeLabel":"OCIO / institutional wealth","feeDisclosure":"payment_only"},"founded":null,"organization":"Florida limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"18 June 2018","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":466497.4513888889,"staff":{"employees":5,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":154819622,"discretionary":74520403,"discretionaryAccounts":139,"nonDiscretionary":80299219,"nonDiscretionaryAccounts":20,"wrapProgram":null,"nonUsClientsPct":96,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":102,"regulatoryAum":24220645},{"label":"High-net-worth individuals","clients":42,"regulatoryAum":42954988},{"label":"Corporations and other businesses","clients":15,"regulatoryAum":87643989}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"Stonex Financial Inc.","shortName":"Stonex Financial","location":"Birmingham, AL","smaAssets":27602903},{"name":"Interactive Brokers LLC","shortName":"Interactive Brokers","location":"Greenwich, CT","smaAssets":44215040},{"name":"Rothschild & Co US Inc.","shortName":"Rothschild & Co US","location":"New York, NY","smaAssets":21990581},{"name":"Merrill Lynch, Pierce, Fenner & Smith Incorporated","shortName":"Merrill Lynch, Pierce, Fenner & Smith","location":"New York, NY","smaAssets":40585161}],"custodyNote":"Vitral Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Carlos Rizzolo","title":"Chief Executive Officer, Chief Compliance Officer, Manager","crd":"6238170"},{"name":"Jose Carrillo-Batalla","title":"Manager","crd":"5454528"},{"name":"Vicente Carrillo-Batalla","title":"Manager","crd":"5454598"}],"ownership":[{"label":"Vitral Holdings LTD","detail":"Member in the 75% or more ownership band, since March 2018."},{"label":"Carlos Rizzolo","detail":"Indirect owner: owner of Vitral Holdings LTD and a control person, since February 2018.","parent":"Vitral Holdings LTD"},{"label":"Jose Carrillo-Batalla","detail":"Indirect owner: a owner of Vitral Holdings LTD in the 50% to 75% band and a control person, since February 2018.","parent":"Vitral Holdings LTD"},{"label":"Vicente Carrillo-Batalla","detail":"Indirect owner: a owner of Vitral Holdings LTD in the 25% to 50% band and a control person, since February 2018.","parent":"Vitral Holdings LTD"},{"label":"Valentina Acosta","detail":"Indirect owner: owner of Vitral Holdings LTD and a control person, since December 2023.","parent":"Vitral Holdings LTD"},{"label":"Eduardo Villegas","detail":"Indirect owner: owner of Vitral Holdings LTD and a control person, since December 2023.","parent":"Vitral Holdings LTD"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-287-4034","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":59},{"label":"Investment grade corporate bonds","percent":6},{"label":"Non-investment grade corporate bonds","percent":3},{"label":"Cash and cash equivalents","percent":31}],"privateFunds":0},"sources":{"adv1FilingDate":"30 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/294631/PDF/294631.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 Vitral Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Vitral Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Vitral Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Vitral Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Vitral Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Vitral Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Vitral Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Vitral Advisors?","answer":"Its phone number is 212-287-4034. Its website is vitraladvisors.com.","source":"Form ADV Part 1A, Item 1.F, filed 30 March 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."}