Maximai Investment Partners, LLC (Coral Gables)

Name: Maximai Investment Partners, LLC
Address: 500 S. Dixie Hwy, Coral Gables, FL, 33146
Telephone: 786-332-6050

Maximai Investment Partners, LLC is a large advisory firm based in Coral Gables. It manages $252.41 million of regulatory assets for 498 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of Florida.

Maximai Investment Partners provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and sub-advisory services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Maximai Investment Partners: assets under management

The assets under management (AUM) of Maximai Investment Partners, LLC is $252.41 million. The firm's AUM has grown by 153% since the beginning of its operation, and $163.62 million of the total AUM is attributable to clients outside of the United States.

The firm manages $218.04 million in discretionary accounts and $34.37 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $485.61 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $701.42 thousand.

Maximai Investment Partners has custody of $28.76 million in cash and securities for 42 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 36% of the total AUM. The second-largest asset type is exchange traded securities, which make up 23% of the firm’s portfolio. Investments in cash and cash equivalents form 17% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Maximai Investment Partners, LLC for their services and products based on a percentage of assets under management and fixed 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 Maximai Investment Partners serves?

The only and largest group of clients of Maximai Investment Partners is high net worth individuals with 66 clients and $252.41 million of assets under management. Among the 6 most similar advisory firms, Maximai Investment Partners has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $252.41 million for 66 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 74% of the firm’s clients are foreign persons or businesses.

Maximai Investment Partners doesn't advise any private funds.

Careers at Maximai Investment Partners, LLC

The company employs 6 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Elizabeth Van Walleghem	Principal, ceo, managing member	1 Sep 2016	Other	2346704
Thomas J Butler	Principal and managing member	1 Sep 2016	Other	1579832
Cocovan Corp	Managing member	1 Sep 2016	75% - 100%	none
Mayordomo Corp	Managing member	1 Sep 2016	Other	none
Vivian None Velazquez	Chief compliance officer	1 Sep 2016	Other	1300934
Vivian (No Middle Name) Velazquez	Chief compliance officer	1 Sep 2016	Other	1300934
Juan Carlos Riera	Chief compliance officer	1 Sep 2017	Other	2326717
Daniella Viete	Chief compliance officer / coo	1 Jul 2018	Other	5992580

Based in Coral Gables

The principal office where Maximai Investment Partners, LLC performs its advisory services is located at 500 S. Dixie Hwy, Coral Gables, FL 33146, 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 786-332-6050 or by fax 786 332 6041. The normal business hours are 9:00 am to 5:00 pm on Other. You can find more information about the New York firm at maximaipartners.com.