{
  "crd_number": 333952,
  "slug": "brazil-advisors-llc-miami-fl-333952",
  "primary_business_name": "BRAZIL ADVISORS LLC",
  "legal_name": "BRAZIL ADVISORS LLC",
  "dbas": [],
  "city": "Miami",
  "state": "FL",
  "country": "United States",
  "cbsa_code": "33100",
  "metro": {
    "cbsa_code": "33100",
    "common_name": "Miami",
    "msa_name": "Miami-Fort Lauderdale-West Palm Beach, FL",
    "path": "/advisors/fl/miami"
  },
  "registration_type": "state",
  "registration_status": "APPROVED",
  "registration_date": "2026-01-07",
  "years_registered": 0,
  "period": "2026-10-01",
  "filing_date": "2026-09-25",
  "carried_forward": false,
  "raum_total": 11295977.0,
  "raum_discretionary": 11295977.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "under_25m",
  "raum_band_label": "Under $25 million",
  "total_employees": 2,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 3963775.0,
      "count": null,
      "description": "PRIVATE INVESTMENT COMPANIES",
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 7232961.0,
      "count": 14
    },
    "corporations_other_businesses": {
      "raum": 99241.0,
      "count": 1
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "MD"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/333952",
  "city_as_filed": "MIAMI",
  "url": "https://advisorcensus.com/firm/brazil-advisors-llc-miami-fl-333952",
  "display_name": "Brazil Advisors LLC",
  "summary": "Brazil Advisors LLC is a state-registered investment advisory firm in Miami, FL, registered since 2026, reporting under $25 million in regulatory assets under management in its Form ADV filing dated September 25, 2026.",
  "citation": "AdvisorCensus. Brazil Advisors LLC (CRD 333952): Form ADV filing data as of October 2026.",
  "registration_type_label": "State-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Brazil Advisors LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Brazil Advisors LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "Where is Brazil Advisors LLC located?",
      "a": "Brazil Advisors LLC's principal office is in Miami, FL, according to its Form ADV."
    },
    {
      "q": "Is Brazil Advisors LLC registered with the SEC or a state?",
      "a": "Brazil Advisors LLC is a state-registered investment advisory firm, registered since 2026. Status as filed: APPROVED. CRD 333952."
    },
    {
      "q": "How much does Brazil Advisors LLC manage?",
      "a": "Brazil Advisors LLC reports $11,295,977 in regulatory assets under management in its Form ADV filing dated September 25, 2026 (100% discretionary)."
    },
    {
      "q": "How have Brazil Advisors LLC's assets and staff changed since 2025?",
      "a": "In the Form ADV data for Brazil Advisors LLC: Regulatory assets under management: $11,773,630 in the October 2025 data and $11,295,977 in the October 2026 data, down 4%. Total employees: 2 in October 2025 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Brazil Advisors LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (14); corporations or other businesses not listed above (1)."
    },
    {
      "q": "Does Brazil Advisors LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/333952"
    },
    {
      "q": "What changed in Brazil Advisors LLC's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Changed its legal name from B.SIDE Investments LLC to Brazil Advisors LLC. Employees performing advisory functions went from 1 to 2."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 11773630.0,
      "total_employees": 2,
      "filing_date": "2025-07-10"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 11295977.0,
      "total_employees": 2,
      "filing_date": "2026-09-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Changed its legal name from B.SIDE Investments LLC to Brazil Advisors LLC.",
        "Employees performing advisory functions went from 1 to 2."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/brazil-advisors-llc-miami-fl-333952.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 14,
      "fewer_than_5": false,
      "raum": 7232961.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 1,
      "fewer_than_5": false,
      "raum": 99241.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": null,
      "fewer_than_5": true,
      "raum": 3963775.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/333952",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}
