POPULAR SECURITIES, LLC
Adviser information for POPULAR SECURITIES, LLC last updated from Form ADV on March 27th, 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 | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Puerto Rico, United States |
Employees
| Total Number of Employees | 95 |
|---|---|
| Investment Advisory/Research | 41 |
| Registered Broker-Dealer Representatives | 91 |
| Registered State Investment Advisers | 39 |
| Licensed Agents of an Insurance Company | 32 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 2,240 | $1.6B |
| Non-Discretionary | 290 | $613.4M |
| Total | 2,530 | $2.2B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 1,047 | $316.0M |
| HNW Individuals | 103 | $234.1M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 1 | $200.0M |
| Pension and profit sharing plans | 430 | $341.5M |
| Charitable organizations | <5 | $3.1M |
| 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 | 443 | $1.1B |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 33 |
| No. of Non-U.S. Clients | 1 |
| No. of Financial Planning Clients | 51-100 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)Educational seminars/workshops |
|---|---|
| Compensation | % of AUM12B-1 FEES IN MONEY MARKET PRODUCT AND REFERRAL FEES |
| Other Business Activities | Broker-dealerInsurance broker or agent |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 118.4M |
| Both for Same | 787.1M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| ADVISOR MODEL MANAGEMENT | FIDELITY INSTITUTIONAL WEALTH ADVISER LLC |
| MUTUAL FUND AND ETF UMA | POPULAR SECURITIES, LLC |
Identifiers
| SEC RIA File Number | 801-57928 |
|---|---|
| SEC ERA File Number | 801-57928 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 8096 |
| Legal Entity Identifier | None |
Principal Office
POPULAR CENTER, 208 PONCE DE LEONSUITE 1200
HATO REY
PR
United States
Monday - Friday, 8:00AM TO 5:00PM
Tel: 787-758-7400, Fax: 787-763-5995
Chief Compliance Officer
FRANCISCO GARCIA
CHIEF COMPLIANCE OFFICER
208 PONCE DE LEON AVENUE
SUITE 1200
SAN JUAN
PR
United States
Tel:
787-758-7400
Fax:
787-766-6602
F********************@**********M
(Full email address available in API data)
Regulatory Contact
ROSA COLON ORTIZ
SENIOR MANAGER
208 PONCE DE LEON AVENUE
SUITE 1200
SAN JUAN
PR
United States
Tel:
787-758-7400
Fax:
787-766-6602
R**************@**********M
(Full email address available in API data)
Industry Affiliates
| BANCO POPULAR DE PUERTO RICO | Other investment adviser, including financial plannersBanking or thrift institutionTrust companyPension consultant |
| POPULAR ASSET MANAGEMENT | Other investment adviser, including financial plannersPension consultant |
| POPULAR INSURANCE | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| POPULAR MEZZANINE FUND, LLC | Private Equity Fund | $200.0M | $0.0M | 2 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| POPULAR, INC. | Domestic Entity | – | HOLDING COMPANY | 04/1997 | > 75% |
| VAZQUEZ CAMUNAS, CARLOS JOSE | Individual | – | ELECTED MANAGER | 07/1997 | < 5% |
| DIAZ DEL LLANO, BEATRIZ L | Individual | – | PRINCIPAL FINANCIAL OFFICER | 08/2006 | < 5% |
| TORRES RAMOS, JOSE JOAQUIN | Individual | – | PRINCIPAL OPERATIONS OFFICER | 10/2014 | < 5% |
| ACOSTA-ASHBY, MARLA MARIE | Individual | – | CHIEF OPERATING OFFICER AND ELECTED MANAGER | 02/2019 | < 5% |
| TORO LAVERGNE, JAIME ANTONIO | Individual | – | PRESIDENT AND ELECTED MANAGER | 02/2019 | < 5% |
| COLON ORTIZ, ROSA ANGELA | Individual | – | CHIEF COMPLIANCE OFFICER | 01/2019 | < 5% |
| ALVAREZ ZATARAIN, IGNACIO | Individual | – | ELECTED MANAGER | 09/2017 | < 5% |
| FERRER, JAVIER DAVID | Individual | – | ELECTED MANAGER | 01/2019 | < 5% |
| TORO LAVERGNE, JAIME ANTONIO | Individual | – | BRANCH MANAGER | 10/2021 | < 5% |
| GARCIA INCLAN, FRANCISCO ROBERTO | Individual | – | CO-CHIEF COMPLIANCE OFFICER | 10/2022 | < 5% |
| CESTERO CASANOVA, LUIS ENRIQUE | Individual | – | ELECTED MANAGER | 06/2023 | < 5% |