Invex Advisors LLC (Coral Gables)

Invex Advisors LLC is a large advisory firm based in Coral Gables. It manages $260.9 million of regulatory assets for 21 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Florida and North Carolina.

Invex Advisors provides portfolio management for individuals and small businesses and an open-end fund incorporated in the cayman islands. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Invex Advisors: assets under management

The assets under management (AUM) of Invex Advisors LLC is $260.9 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 135% since the beginning of its operation, and $154.5 million of the total AUM is attributable to clients outside of the United States.

The firm manages $260.9 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $12.42 million each.

Investments

The firm invests in investment grade corporate bonds the most. They account for 45% of the total AUM. The second-largest asset type is exchange traded securities, which make up 16% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Invex Advisors 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 Gerardo Reyes Retana Higuera serves?

The firm provides services to investment companies, high net worth individuals, banking or thrift institutions, and corporations or other businesses. The largest group of clients of Gerardo Reyes Retana Higuera is investment companies with 1 clients and $99.1 million of assets under management. Among the 9 most similar advisory firms, Invex Advisors has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $260.9 million for 22 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 90% of the firm’s clients are foreign persons or businesses.

Invex Advisors doesn't advise any private funds.

Careers at Invex Advisors LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone 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.

Gerardo Reyes Retana Higuera has been acting as President since 1 May 2012. Llc. Invex Holdings joined the executive team most recently as the Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Carlos Barrientos Serrano	Chief compliance officer	1 May 2012	Other	4520476
Inc. Invex	Member	1 May 2012	75% - 100%	30032
Gerardo Reyes Retana Higuera	President	1 May 2012	Other	2433345
Llc. Invex Holdings	Member	1 Mar 2017	75% - 100%	37-1844921
Llc Invex Holdings	Member	1 Mar 2017	75% - 100%	37-1844921

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Invex Controladora S.A.B. De C.V.	Shareholder	1 Dec 2013	75% - 100%	foreign
Invex Controladora S.A.B. De C.V.	Shareholder	1 Feb 2017	75% - 100%	foreign

Based in Coral Gables

The principal office where Invex Advisors LLC performs its advisory services is located at 2 Alhambra Plaza, Coral Gables, FL 33134, 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 786-425-1717 or by fax 786-425-1718. The normal business hours are 08:00 am to 05:00 pm on Monday - Friday.