Inca Investments, LLC (Miami)


Inca Investments, LLC is a large advisory firm based in Miami. It manages $906.5 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Delaware and Florida.

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

Inca Investments: assets under management

The assets under management (AUM) of Inca Investments, LLC is $906.5 million. The firm's AUM has grown by 1295% since the beginning of its operation, and $567.83 million of the total AUM is attributable to clients outside of the United States.

The firm manages $905.65 million in discretionary accounts and $844.6 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $113.21 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $844.6 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Inca Investments, 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 Inca Investments serves?

The only and largest group of clients of Inca Investments is pooled investment vehicles with 4 clients and $251.46 million of assets under management. Among the 9 most similar advisory firms, Inca Investments has the 2nd lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $251.46 million for 4 clients. 56% of the firm’s clients are foreign persons or businesses.

Inca Investments also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Inca Investments, LLC

The company employs 12 people that are either part- or full-time employees. 58 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 3 people 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.

Fernando Xavier Donayre has served as the Chief Investment Officer since 1 Apr 2004. Edwin Andres Fermin joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Fernando Xavier Donayre Chief investment officer 1 Apr 2004 75% - 100% 4787761
Damian Nusynkier Chief compliance officer 1 Aug 2006 Other 5208080
Mercedes Pinto Chief compliance officer 1 Jan 2007 Other 5308265
Nathan L Woodruff Chief compliance officer 1 May 2011 Other 5976179
David Michael Borenstein Member 1 Jul 2015 Other 6620025
Efrain Martin Chavez Member 1 Jul 2015 Other 2898663
David Borenstein Member 1 Jul 2015 Other 6620025
Efrain M Chavez Member 1 Jul 2015 Other 2898663
Edwin Andres Fermin Chief compliance officer 1 Aug 2016 Other 6698795

Based in Miami

The principal office where Inca Investments, LLC performs its advisory services is located at 8950 Sw 74 Th Court, Miami, FL 33156, 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 305-722-4300 or by fax 305-722-4350. The normal business hours are 9 a.m to 5 p.m. on Monday - Friday. You can find more information about the New York firm at incainvestments.com.