Incasa LLC (Miami)

Incasa LLC is a large advisory firm based in Miami. It manages $3.54 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of Florida.

Incasa provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Incasa: assets under management

The assets under management (AUM) of Incasa LLC is $3.54 billion. The firm's AUM has grown by 5793% since the beginning of its operation, and $3.54 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.54 billion in discretionary accounts and $400 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.18 billion each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $400 thousand.

Investments

The firm invests in sovereign bonds the most. They account for 99% of the total AUM. The second-largest asset type is exchange traded securities, which make up 1% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Incasa LLC for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Incasa serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Incasa is high net worth individuals with 3 clients and $3.54 billion of assets under management. Among the 7 most similar advisory firms, Incasa has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $3.54 billion for 4 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 100% of the firm’s clients are foreign persons or businesses.

Incasa doesn't advise any private funds.

Careers at Incasa LLC

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Edward Francisco Salas	Elected manager	1 Dec 2014	Other	4155756
John Carlos Salas	Ceo/managing member	1 Dec 2014	75% - 100%	2805792
Ana Lucia Aguirre	Cco	1 Jan 2015	Other	4379824
Vanessa Carina Tamayo	Cco	1 Nov 2016	Other	5874233

Based in Miami

The principal office where Incasa LLC performs its advisory services is located at 175 Sw 7 Th Street, Miami, FL 33130, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 3057559299. The normal business hours are 9:00am to 5:00pm on Monday - Friday.