Universal Financial Services Inc. (Hato Rey)

Universal Financial Services Inc. is a large advisory firm based in Hato Rey. It manages $186.04 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of Puerto Rico.

Universal Financial Services provides portfolio management for investment companies not registered under the investment company act of 1940.. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Universal Financial Services: assets under management

The assets under management (AUM) of Universal Financial Services Inc. is $186.04 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 365% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $186.04 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $186.04 million each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Universal Financial Services Inc. for their services and products based on a percentage of assets under management. 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.

Careers at Universal Financial Services Inc.

Luis Bautista Miranda has been acting as President since 1 Feb 1986. Javier Garofalo Medina joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Luis Bautista Miranda	Director	1 Feb 1986	Other	xxx-xx-xxxx
Jose Carlos Benitez	Executive representative & finop	1 Mar 2004	Other	2919918
Mildred Cassandra Webb	Chief compliance officer	1 Mar 2004	Other	1819964
Inc Universal Insurance Group	Owner	1 Mar 2004	75% - 100%	66-0468020
Monique Miranda	Director	1 Jun 2004	Other	xxx-xx-xxxx
Cecilia Cruz	Director	1 Jun 2004	Other	4793906
Ruben Dario Vazquezcotto	Agency manager	1 Apr 2008	Other	2124119
Javier Garofalo Medina	Chief compliance officer	1 May 2010	Other	4008696

Based in Hato Rey

The principal office where Universal Financial Services Inc. performs its advisory services is located at Calle Mejico #16, Hato Rey, PR 00918, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.