ORIENTAL FINANCIAL SERVICES LLC
Adviser information for ORIENTAL FINANCIAL SERVICES LLC last updated from Form ADV on March 29th, 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 | 28 |
|---|---|
| Investment Advisory/Research | 11 |
| Registered Broker-Dealer Representatives | 18 |
| Registered State Investment Advisers | 11 |
| Licensed Agents of an Insurance Company | 14 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 0 | $0 |
| Non-Discretionary | 469 | $283.6M |
| Total | 469 | $283.6M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 374 | $74.0M |
| HNW Individuals | 26 | $58.3M |
| 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 | 4 | $747,034 |
| Charitable organizations | 1 | $49,550 |
| State or municipal gov entities | 1 | $19.9M |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 63 | $130.5M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | WRAP FEE PROGRAM |
|---|---|
| Compensation | % of AUM |
| Other Business Activities | Broker-dealer |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 225.8M |
| Portfolio Manager | 0 |
| Both for Same | 0 |
Identifiers
| SEC RIA File Number | 801-88203 |
|---|---|
| SEC ERA File Number | 801-88203 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 29753 |
| Legal Entity Identifier | None |
Principal Office
270 MUNOZ RIVERA AVESUITE MEZZANINE
SAN JUAN
PR
United States
Monday - Friday, 8:30-5:30
Tel: 787-474-1993, Fax: 787-474-1997
Websites
Chief Compliance Officer
MARIELA TORRES COLON
MANAGER
270 MUNOZ RIVERA AVE
SUITE MEZZANINE
SAN JUAN
PR
United States
Tel:
787-993-4288
Fax:
787-474-1997
M*************@***************M
(Full email address available in API data)
Regulatory Contact
GLENDA LIZ MUNOZ
OPERATIONS MANAGER
270 MUNOZ RIVERA AVE
SUITE MEZZANINE
SAN JUAN
PR
United States
Tel:
787-281-5024
Fax:
(787)474-1997
G******@***************M
(Full email address available in API data)
Industry Affiliates
| OFG BANCORP | Banking or thrift institution |
| OFG USA LLC | Banking or thrift institution |
| ORIENTAL BANK | Other investment adviser, including financial plannersBanking or thrift institutionTrust company |
| ORIENTAL INSURANCE | Insurance company or agency |
| ORIENTAL INTERNATIONAL BANK | Banking or thrift institution |
| ORIENTAL PENSION CONSULTANTS | Pension consultant |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| FERNANDEZ MARTINEZ, JOSE RAFAEL | Individual | – | OPTIONS PRINCIPAL, AND DIRECTOR | 11/2014 | < 5% |
| OFG BANCORP | Domestic Entity | – | PARENT COMPANY , MEMBER | 03/2000 | > 75% |
| KUMAR, GANESH | Individual | – | DIRECTOR | 08/2012 | < 5% |
| SOUFFRONT, CARLOS O. ESQ. | Individual | – | DIRECTOR | 11/2013 | < 5% |
| MUNOZ GALARZA, GLENDA L. | Individual | – | FINANCIAL AND OPERATIONS MANAGER | 12/2017 | < 5% |
| PASCUAL NAVARRO, ALEJANDRO MIGUEL | Individual | – | PRESIDENT & SALES MANAGER | 10/2021 | < 5% |
| TORRES, MARIELA | Individual | – | CHIEF COMPLIANCE OFFICER | 05/2022 | < 5% |