Todo Capital, LLC (Bilbao)

Name: Todo Capital, LLC
Address: Gran Via 17, Bilbao, 48001
Telephone: +34-619-841407

Todo Capital, LLC is an adviser based in Bilbao. It manages $189.34 million of regulatory assets for 21 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Florida.

Todo Capital provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Todo Capital: assets under management

The assets under management (AUM) of Todo Capital, LLC is $189.34 million. The firm's AUM has grown by 53% since the beginning of its operation, and $189.34 million of the total AUM is attributable to clients outside of the United States.

The firm manages $47.79 million in discretionary accounts and $141.54 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.81 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $35.39 million.

Investments

The firm invests in investment grade corporate bonds the most. They account for 43% of the total AUM. The second-largest asset type is sovereign bonds, which make up 21% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 17% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Todo Capital, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Todo Capital serves?

The firm provides services to high net worth individuals and corporations or other businesses. The largest group of clients of Todo Capital is corporations or other businesses with 1 clients and $135.97 million of assets under management. Among the 11 most similar advisory firms, Todo Capital has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $189.34 million for 18 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 100% of the firm’s clients are foreign persons or businesses.

Todo Capital doesn't advise any private funds.

Careers at Todo Capital, LLC

The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jaime Madariaga	Managing member and chief compliance officer	1 May 2013	75% - 100%	6195454
Javier Madariaga	Managing member	1 Apr 2015	75% - 100%	5971662
Francisco Javier Madariaga	Managing member	1 Apr 2015	75% - 100%	5971662

Based in Bilbao

The principal office where Todo Capital, LLC performs its advisory services is located at Gran Via 17, Bilbao, 48001, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number +34-619-841407. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at todocapital.com.