{ "path": "/advisors/pr", "url": "https://advisorcensus.com/advisors/pr/page/4", "page_type": "state", "title": "Financial advisors in Puerto Rico", "filters": {}, "scope_total": 188, "faq": [ { "q": "How many financial advisory firms are there in Puerto Rico?", "a": "AdvisorCensus lists 188 investment advisory firms with a principal office in Puerto Rico, from Form ADV filings as of October 2026: 50 SEC-registered, 34 state-registered, and 104 exempt reporting advisers. Firms may request removal, so the count can differ slightly from the number of firms that file Form ADV." }, { "q": "How many fee-only financial advisors are in Puerto Rico?", "a": "18 of the 188 firms meet AdvisorCensus's fee-only test: paid only by a percentage of assets, hourly charges, fixed fees, or subscription fees on Form ADV Item 5.E (no commissions, performance-based fees, or other compensation), with no sales-related compensation ties in the same filing: no employee registered with a broker-dealer or licensed as an insurance agent (Item 5.B), no brokerage, insurance, real estate, or other product sales business (Item 6.A), no related broker-dealer, insurance company, real estate broker, or futures commission merchant (Item 7.A), and no referral fees from others or other sales interest (Item 8). Form ADV has no fee-only box, so this is derived from the filing; it is not a fee-only certification, and a firm's own page lists its compensation arrangements as filed." }, { "q": "How many financial advisors in Puerto Rico offer financial planning?", "a": "26 of the 84 firms in Puerto Rico that answer Form ADV Item 5.G, which asks what advisory services a firm provides, report financial planning services, as of October 2026. Exempt reporting advisers do not answer Item 5.G. Each firm page lists every advisory service the firm reports." }, { "q": "Are the financial advisors in Puerto Rico fiduciaries?", "a": "Every firm on this page is an investment adviser that files Form ADV, and an investment adviser owes its clients a fiduciary duty under federal law, made up of a duty of care and a duty of loyalty: it must act in the client's best interest and not put its own interests ahead of the client's, and must eliminate its conflicts of interest or disclose them fully and fairly. Form ADV has no fiduciary box because the duty comes with being an investment adviser. The duty covers the firm's advice; a firm or its people may also sell securities through a broker-dealer or insurance as licensed agents, roles held to other standards. The 18 firms that meet AdvisorCensus's fee-only test report none of those sales ties." }, { "q": "How do I check whether a financial advisor has disciplinary disclosures?", "a": "Each firm page shows how many Form ADV Item 11 disciplinary questions the firm answered yes and links to the firm's record on the SEC's Investment Adviser Public Disclosure site (adviserinfo.sec.gov), where the detail of each disclosure is public. Individual advisers' records are on the same site and on FINRA BrokerCheck." }, { "q": "Does AdvisorCensus rate, verify, or recommend these firms?", "a": "No. The directory shows what each firm filed, in alphabetical order unless you choose another sort, and no firm's position depends on payment. Firms that claim their page can add a description and links, marked as provided by the firm; the filed facts are never changed by that content." }, { "q": "What does regulatory assets under management mean?", "a": "Regulatory assets under management (RAUM) is the figure a firm reports on Form ADV Item 5.F: the securities portfolios it provides continuous and regular supervisory or management services for, at market value, including assets managed without discretion. It measures scale, not performance or quality." } ], "period": "2026-10-01", "answer_paragraph": "AdvisorCensus lists 188 investment advisory firms with a principal office in Puerto Rico, drawn from Form ADV filings as of October 2026. Metro areas in the state are listed first; firms are listed alphabetically, and you can sort by years registered or assets band using the controls below. Firms may request removal from the directory, so this count can differ from the number of firms that file Form ADV.", "about_market": null, "citation": "AdvisorCensus. Financial advisors in Puerto Rico: 188 firms from Form ADV filings as of October 2026.", "total_firms": 188, "page": 4, "total_pages": 4, "sort": "name", "registration_types": { "sec": 50, "state": 34, "exempt": 104 }, "fee_model_mix": [ { "code": "fee-only", "count": 18 }, { "code": "percentage_of_aum", "count": 77 }, { "code": "hourly", "count": 17 }, { "code": "subscription", "count": 2 }, { "code": "fixed", "count": 35 }, { "code": "commissions", "count": 3 }, { "code": "performance_based", "count": 29 }, { "code": "other", "count": 13 }, { "code": "not_reported", "count": 104 } ], "years_registered_distribution": [ { "code": "under_5", "count": 126 }, { "code": "5_to_9", "count": 35 }, { "code": "10_to_19", "count": 17 }, { "code": "20_plus", "count": 5 }, { "code": "not_reported", "count": 5 } ], "raum_band_distribution": [ { "code": "under_25m", "count": 10 }, { "code": "25m_100m", "count": 15 }, { "code": "100m_500m", "count": 19 }, { "code": "500m_1b", "count": 9 }, { "code": "1b_5b", "count": 16 }, { "code": "over_5b", "count": 1 }, { "code": "not_reported", "count": 118 } ], "firms": [ { "crd_number": 314437, "name": "Sanctor Capital Management, LLC", "name_as_filed": "SANCTOR CAPITAL MANAGEMENT, LLC", "url": "https://advisorcensus.com/firm/sanctor-capital-management-llc-san-juan-pr-314437", "city": "San Juan", "state": "PR", "years_registered": 0, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 335379, "name": "Sava Capital LLC", "name_as_filed": "SAVA CAPITAL LLC", "url": "https://advisorcensus.com/firm/sava-capital-llc-dorado-pr-335379", "city": "Dorado", "state": "PR", "years_registered": 1, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 337692, "name": "Savile Capital Management LLC", "name_as_filed": "SAVILE CAPITAL MANAGEMENT LLC", "url": "https://advisorcensus.com/firm/savile-capital-management-llc-san-juan-pr-337692", "city": "San Juan", "state": "PR", "years_registered": 0, "raum_band": "not_reported", "compensation_types": [ "percentage_of_aum", "fixed", "performance_based" ], "enhanced": false }, { "crd_number": 339409, "name": "Savile Private Wealth LLC", "name_as_filed": "SAVILE PRIVATE WEALTH LLC", "url": "https://advisorcensus.com/firm/savile-private-wealth-llc-san-juan-pr-339409", "city": "San Juan", "state": "PR", "years_registered": 0, "raum_band": "not_reported", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 150129, "name": "Select Advisory Group Inc", "name_as_filed": "SELECT ADVISORY GROUP INC", "url": "https://advisorcensus.com/firm/select-advisory-group-inc-san-juan-pr-150129", "city": "San Juan", "state": "PR", "years_registered": 8, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "fixed", "performance_based" ], "enhanced": false }, { "crd_number": 284615, "name": "Semillero Advisors, LLC", "name_as_filed": "SEMILLERO ADVISORS, LLC", "url": "https://advisorcensus.com/firm/semillero-advisors-llc-san-juan-pr-284615", "city": "San Juan", "state": "PR", "years_registered": 10, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 322044, "name": "SG Advisers LLC", "name_as_filed": "SG ADVISERS LLC", "url": "https://advisorcensus.com/firm/sg-advisers-llc-manati-pr-322044", "city": "Manati", "state": "PR", "years_registered": 3, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 323575, "name": "Skyrock Advisor Group, LLC", "name_as_filed": "SKYROCK ADVISOR GROUP, LLC", "url": "https://advisorcensus.com/firm/skyrock-advisor-group-llc-guaynabo-pr-323575", "city": "Guaynabo", "state": "PR", "years_registered": 0, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 333104, "name": "Socio-Economico", "name_as_filed": "SOCIO-ECONOMICO", "url": "https://advisorcensus.com/firm/socio-economico-333104", "city": null, "state": null, "years_registered": 1, "raum_band": "not_reported", "compensation_types": [ "percentage_of_aum", "hourly", "fixed", "commissions" ], "enhanced": false }, { "crd_number": 328457, "name": "Stack Management LLC", "name_as_filed": "STACK MANAGEMENT LLC", "url": "https://advisorcensus.com/firm/stack-management-llc-carolina-pr-328457", "city": "Carolina", "state": "PR", "years_registered": 0, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 328875, "name": "Stonecrest Investment Management", "name_as_filed": "STONECREST INVESTMENT MANAGEMENT", "url": "https://advisorcensus.com/firm/stonecrest-investment-management-san-juan-pr-328875", "city": "San Juan", "state": "PR", "years_registered": 2, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 333623, "name": "Stratagem Capital Management LLC", "name_as_filed": "STRATAGEM CAPITAL MANAGEMENT LLC", "url": "https://advisorcensus.com/firm/stratagem-capital-management-llc-san-juan-pr-333623", "city": "San Juan", "state": "PR", "years_registered": 1, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 316910, "name": "Strategic Capital Fund Advisors, LLC", "name_as_filed": "STRATEGIC CAPITAL FUND ADVISORS, LLC", "url": "https://advisorcensus.com/firm/strategic-capital-fund-advisors-llc-dorado-pr-316910", "city": "Dorado", "state": "PR", "years_registered": 4, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 173621, "name": "Swan Global Management", "name_as_filed": "SWAN GLOBAL MANAGEMENT", "url": "https://advisorcensus.com/firm/swan-global-management-humacao-pr-173621", "city": "Humacao", "state": "PR", "years_registered": 11, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 283447, "name": "Sygnus Capital PR LLC", "name_as_filed": "SYGNUS CAPITAL PR LLC", "url": "https://advisorcensus.com/firm/sygnus-capital-pr-llc-guaynabo-pr-283447", "city": "Guaynabo", "state": "PR", "years_registered": 2, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "performance_based" ], "enhanced": false }, { "crd_number": 325576, "name": "Sygnus Wealth PR LLC", "name_as_filed": "SYGNUS WEALTH PR LLC", "url": "https://advisorcensus.com/firm/sygnus-wealth-pr-llc-guaynabo-pr-325576", "city": "Guaynabo", "state": "PR", "years_registered": 2, "raum_band": "25m_100m", "compensation_types": [ "percentage_of_aum", "performance_based" ], "enhanced": false }, { "crd_number": 334022, "name": "T&T Capital Management, LLC", "name_as_filed": "T&T CAPITAL MANAGEMENT, LLC", "url": "https://advisorcensus.com/firm/t-and-t-capital-management-llc-san-juan-pr-334022", "city": "San Juan", "state": "PR", "years_registered": 0, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 298714, "name": "Talon LLC", "name_as_filed": "TALON LLC", "url": "https://advisorcensus.com/firm/talon-llc-san-juan-pr-298714", "city": "San Juan", "state": "PR", "years_registered": 7, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum", "hourly", "fixed" ], "enhanced": false }, { "crd_number": 335121, "name": "Target Fund Management Services LLC", "name_as_filed": "TARGET FUND MANAGEMENT SERVICES LLC", "url": "https://advisorcensus.com/firm/target-fund-management-services-llc-san-juan-pr-335121", "city": "San Juan", "state": "PR", "years_registered": 0, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 307441, "name": "TC Latin America Partners LLC", "name_as_filed": "TC LATIN AMERICA PARTNERS LLC", "url": "https://advisorcensus.com/firm/tc-latin-america-partners-llc-san-juan-pr-307441", "city": "San Juan", "state": "PR", "years_registered": 6, "raum_band": "500m_1b", "compensation_types": [ "percentage_of_aum", "performance_based" ], "enhanced": false }, { "crd_number": 316384, "name": "The Phoenix Fund Advisor LLC", "name_as_filed": "THE PHOENIX FUND ADVISOR LLC", "url": "https://advisorcensus.com/firm/the-phoenix-fund-advisor-llc-guaynabo-pr-316384", "city": "Guaynabo", "state": "PR", "years_registered": 3, "raum_band": "500m_1b", "compensation_types": [ "performance_based" ], "enhanced": false }, { "crd_number": 105192, "name": "Thomas Wright Asset Management, Inc.", "name_as_filed": "THOMAS WRIGHT ASSET MANAGEMENT, INC.", "url": "https://advisorcensus.com/firm/thomas-wright-asset-management-inc-san-juan-pr-105192", "city": "San Juan", "state": "PR", "years_registered": 11, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 318042, "name": "Three Point Capital GP, Ltd.", "name_as_filed": "THREE POINT CAPITAL GP, LTD.", "url": "https://advisorcensus.com/firm/three-point-capital-gp-ltd-san-juan-pr-318042", "city": "San Juan", "state": "PR", "years_registered": 0, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 314786, "name": "TQS Advisors LLC", "name_as_filed": "TQS ADVISORS LLC", "url": "https://advisorcensus.com/firm/tqs-advisors-llc-san-juan-pr-314786", "city": "San Juan", "state": "PR", "years_registered": 5, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 313120, "name": "Troluce Capital Advisors LLC", "name_as_filed": "TROLUCE CAPITAL ADVISORS LLC", "url": "https://advisorcensus.com/firm/troluce-capital-advisors-llc-dorado-pr-313120", "city": "Dorado", "state": "PR", "years_registered": 3, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum", "performance_based" ], "enhanced": false }, { "crd_number": 327010, "name": "Twin Leopard Capital Management LLC", "name_as_filed": "TWIN LEOPARD CAPITAL MANAGEMENT LLC", "url": "https://advisorcensus.com/firm/twin-leopard-capital-management-llc-san-juan-pr-327010", "city": "San Juan", "state": "PR", "years_registered": 0, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 336576, "name": "Tyrell LLC", "name_as_filed": "TYRELL LLC", "url": "https://advisorcensus.com/firm/tyrell-llc-san-juan-pr-336576", "city": "San Juan", "state": "PR", "years_registered": 1, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 313696, "name": "UBS Asset Managers of Puerto Rico", "name_as_filed": "UBS ASSET MANAGERS OF PUERTO RICO", "url": "https://advisorcensus.com/firm/ubs-asset-managers-of-puerto-rico-san-juan-pr-313696", "city": "San Juan", "state": "PR", "years_registered": 5, "raum_band": "1b_5b", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 131558, "name": "Universal Financial Services Inc.", "name_as_filed": "UNIVERSAL FINANCIAL SERVICES INC.", "url": "https://advisorcensus.com/firm/universal-financial-services-inc-guaynabo-pr-131558", "city": "Guaynabo", "state": "PR", "years_registered": 5, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum" ], "enhanced": false }, { "crd_number": 305222, "name": "Vauban Wealth Management", "name_as_filed": "VAUBAN WEALTH MANAGEMENT", "url": "https://advisorcensus.com/firm/vauban-wealth-management-guaynabo-pr-305222", "city": "Guaynabo", "state": "PR", "years_registered": 6, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "fixed" ], "enhanced": false }, { "crd_number": 338441, "name": "Vector One Capital Management LLC", "name_as_filed": "VECTOR ONE CAPITAL MANAGEMENT LLC", "url": "https://advisorcensus.com/firm/vector-one-capital-management-llc-san-juan-pr-338441", "city": "San Juan", "state": "PR", "years_registered": 0, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 337207, "name": "VEX Capital", "name_as_filed": "VEX CAPITAL", "url": "https://advisorcensus.com/firm/vex-capital-san-juan-pr-337207", "city": "San Juan", "state": "PR", "years_registered": 1, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 318317, "name": "Vivaris Capital LLC", "name_as_filed": "VIVARIS CAPITAL LLC", "url": "https://advisorcensus.com/firm/vivaris-capital-llc-san-juan-pr-318317", "city": "San Juan", "state": "PR", "years_registered": 4, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 336315, "name": "VRM Penzini Capital L.L.C.", "name_as_filed": "VRM PENZINI CAPITAL L.L.C.", "url": "https://advisorcensus.com/firm/vrm-penzini-capital-l-l-c-san-juan-pr-336315", "city": "San Juan", "state": "PR", "years_registered": 0, "raum_band": "100m_500m", "compensation_types": [ "percentage_of_aum", "fixed", "performance_based" ], "enhanced": false }, { "crd_number": 322341, "name": "Weisenborn LLC", "name_as_filed": "WEISENBORN LLC", "url": "https://advisorcensus.com/firm/weisenborn-llc-san-juan-pr-322341", "city": "San Juan", "state": "PR", "years_registered": 0, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 167237, "name": "X-Square Capital", "name_as_filed": "X-SQUARE CAPITAL", "url": "https://advisorcensus.com/firm/x-square-capital-guaynabo-pr-167237", "city": "Guaynabo", "state": "PR", "years_registered": 11, "raum_band": "500m_1b", "compensation_types": [ "percentage_of_aum", "performance_based", "other" ], "enhanced": false }, { "crd_number": 330452, "name": "Yokahu Management LLC", "name_as_filed": "YOKAHU MANAGEMENT LLC", "url": "https://advisorcensus.com/firm/yokahu-management-llc-san-juan-pr-330452", "city": "San Juan", "state": "PR", "years_registered": 0, "raum_band": "not_reported", "compensation_types": [], "enhanced": false }, { "crd_number": 321815, "name": "Yolo Management LLC", "name_as_filed": "YOLO MANAGEMENT LLC", "url": "https://advisorcensus.com/firm/yolo-management-llc-guaynabo-pr-321815", "city": "Guaynabo", "state": "PR", "years_registered": 4, "raum_band": "not_reported", "compensation_types": [], "enhanced": false } ], "states": [], "metros": [], "siblings": { "national": "/advisors", "state": { "path": "/advisors/pr", "label": "Financial advisors in Puerto Rico" }, "fee_pages": [ { "path": "/advisors/pr/fee-only", "label": "Fee-only financial advisors in Puerto Rico", "firm_count": 18 }, { "path": "/advisors/pr/flat-fee", "label": "Flat-fee financial advisors in Puerto Rico", "firm_count": 35 }, { "path": "/advisors/pr/hourly", "label": "Hourly financial advisors in Puerto Rico", "firm_count": 17 } ] }, "csv": "https://advisorcensus.com/advisors/pr.csv", "source": { "name": "Form ADV", "as_of": "2026-10-01", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }