BANORTE ASSET MANAGEMENT, INC.
Adviser information for BANORTE ASSET MANAGEMENT, INC. last updated from Form ADV on March 21st, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 29 |
|---|---|
| Investment Advisory/Research | 13 |
| Registered Broker-Dealer Representatives | 16 |
| Registered State Investment Advisers | 13 |
| Licensed Agents of an Insurance Company | 8 |
| No. of Firms/People that Solicit Clients | 1 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 511 | $89.7M |
| Non-Discretionary | 60 | $127.9M |
| Total | 571 | $217.6M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 64 | $101.0M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | <5 | $2.0M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 6 | $49.0M |
| Other | 499 | $65.5M |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 99 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)WRAP FEE PROGRAM |
|---|---|
| Compensation | % of AUM |
| Other Business Activities | Insurance broker or agentWRAP FEE, VIA USE OF SUB-ADVISORY -DIGITAL PRODUCT |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 65.5M |
| Both for Same | 0 |
| Portfolio Manager to Program | Sponsor |
|---|---|
| BAM DIGITAL | BCP ADVISORS LLC |
Identifiers
| SEC RIA File Number | 801-114865 |
|---|---|
| SEC ERA File Number | 801-114865 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 290555 |
| Legal Entity Identifier | 549300XLNNX6P91GPD64 |
Principal Office
5075 WESTHEIMERSUITE 975W
HOUSTON
TX
United States
Monday - Friday, 9:00AM TO 5:00PM
Tel: 713-980-4600, Fax: None
Chief Compliance Officer
JUAN FERNANDO VALDIVIESO
5075 WESTHEIMER RD.
STE. 795W
HOUSTON
TX
United States
Tel:
713-980-4621
J**********@********************M
(Full email address available in API data)
Regulatory Contact
JORGE IBARRA
CHIEF OPERATING OFFICER
5075 WESTHEIMER RD
SUITE 975W
HOUSTON
TX
United States
Tel:
713-980-4612
J******@********************M
(Full email address available in API data)
Industry Affiliates
| BANCO MERCANTIL DEL NORTE | Banking or thrift institution |
| BANORTE SECURITIES INTERNATIONAL, LTD. | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| CASA DE BOLSA BANORTE | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BANORTE SECURITIES HOLDINGS INTERNATIONAL, INC. | Domestic Entity | – | SOLE SHAREHOLDER OF APPLICANT | 12/1999 | > 75% |
| CASA DE BOLSA BANORTE S.A. DE C.V. | Foreign Entity | BANORTE SECURITIES HOLDINGS INTERNATIONAL, INC. | SOLE SHAREHOLDERS OF BANORTE SECURITIES HOLDINGS INTERNATIONAL, INC. | 12/1999 | > 75% |
| Valdivieso, Juan, Fernando | Individual | – | CHIEF COMPLIANCE OFFICER | 04/2023 | < 5% |
| GRUPO FINANCIERO BANORTE S.A. DE C.V. | Foreign Entity | CASA DE BOLSA BANORTE S.A. DE C.V. | SOLE SHAREHOLDERS OF CASA DE BOLSA BANORTE | 12/1999 | > 75% |
| IBARRA, JORGE, EDUARDO | Individual | – | CHIEF OPERATING OFFICER | 03/2020 | < 5% |
| TERUGGI PEREDA, ANTONIO | Individual | – | COMMERCIAL DIRECTOR | 07/2020 | < 5% |
| Rodriguez, Jose, Ramon | Individual | – | CHIEF EXECUTIVE OFFICER | 02/2024 | < 5% |