# Costa, Andre

> Costa, Andre is an SEC-registered investment advisory firm in Goiani, Goias, Brazil, registered since 2017, with no regulatory assets under management reported in its Form ADV filing dated January 17, 2026.

- CRD: 289590
- Filed as: COSTA, ANDRE
- Legal name: Costa, Andre Luiz Ferreira DA
- Also doing business as: FREE ENTERPRISE C S ADVISORS LTDA
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Goiani, Goias, Brazil
- Filing period: October 2026
- Form ADV filing dated: January 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/289590
- AdvisorCensus page: https://advisorcensus.com/firm/costa-andre-goiani-goias-289590

## Quick answers

**How is Costa, Andre compensated?**
On its Form ADV (Item 5.E, October 2026), Costa, Andre reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees.

**How much does Costa, Andre charge?**
Its Form ADV Part 2A brochure dated January 11, 2025 states: Asset-based fee: 1% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Costa, Andre located?**
Costa, Andre's principal office is in Goiani, Goias, Brazil, according to its Form ADV; the February 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Costa, Andre registered with the SEC or a state?**
Costa, Andre is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 289590.

**How have Costa, Andre's assets and staff changed since 2021?**
In the Form ADV data for Costa, Andre: Total employees: 2 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**Does Costa, Andre report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/289590

**What changed in Costa, Andre's recent Form ADV filings?**
In the February 2026 filing data: Changed its office addresses in Goiania.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated January 11, 2025)

- Asset-based fee: 1% to 2% a year (a range, as the brochure states it)

> The management fees during the commitment period typically range from 1% to 2%.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2017 (9 years)
- Employees: 2 total, 1 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the February 2026 filing
- Goiania

### Websites listed on Form ADV (Item 1.I)
- quixnet.com.br

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | Not reported | 2 | February 3, 2021 |
| October 2022 | Not reported | 2 | August 21, 2022 |
| October 2023 | Not reported | 2 | June 11, 2023 |
| October 2024 | Not reported | 2 | January 3, 2024 |
| October 2025 | Not reported | 2 | January 11, 2025 |
| October 2026 | Not reported | 2 | January 17, 2026 |

Total employees: 2 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Changed its office addresses in Goiania.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Costa, Andre (CRD 289590): Form ADV filing data as of October 2026.