{
  "crd_number": 131194,
  "slug": "inca-investments-llc-miami-fl-131194",
  "primary_business_name": "INCA INVESTMENTS, LLC",
  "legal_name": "INCA INVESTMENTS, 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": "sec",
  "registration_status": "Approved",
  "registration_date": "2004-06-18",
  "years_registered": 22,
  "period": "2026-10-01",
  "filing_date": "2026-04-14",
  "carried_forward": false,
  "raum_total": 569631005.0,
  "raum_discretionary": 569631005.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 9,
  "advisory_employees": 7,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 215738533.0,
      "count": 2
    },
    "sovereign_wealth_foreign_official": {
      "raum": 353892472.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "DE",
    "FL"
  ],
  "websites": [
    "https://incainvestments.com",
    "https://linkedin.com/COMPANY/INCA-INVESTMENTS-LLC",
    "https://youtube.com/@incainvestments7089"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/131194",
  "city_as_filed": "MIAMI",
  "url": "https://advisorcensus.com/firm/inca-investments-llc-miami-fl-131194",
  "display_name": "Inca Investments, LLC",
  "summary": "Inca Investments, LLC is an SEC-registered investment advisory firm in Miami, FL, registered since 2004, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 14, 2026.",
  "citation": "AdvisorCensus. Inca Investments, LLC (CRD 131194): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "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 Inca Investments, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Inca Investments, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Inca Investments, LLC located?",
      "a": "Inca Investments, LLC's principal office is in Miami, FL, according to its Form ADV; the May 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Inca Investments, LLC registered with the SEC or a state?",
      "a": "Inca Investments, LLC is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 131194."
    },
    {
      "q": "How much does Inca Investments, LLC manage?",
      "a": "Inca Investments, LLC reports $569,631,005 in regulatory assets under management in its Form ADV filing dated April 14, 2026 (100% discretionary)."
    },
    {
      "q": "How have Inca Investments, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Inca Investments, LLC: Regulatory assets under management: $656,975,364 in the October 2021 data and $569,631,005 in the October 2026 data, down 13%. Total employees: 13 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Inca Investments, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (2)."
    },
    {
      "q": "Which custodians does Inca Investments, LLC use?",
      "a": "Inca Investments, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists State Street Bank and Trust Company London Branch as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Inca Investments, 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 SEC record: https://adviserinfo.sec.gov/firm/summary/131194"
    },
    {
      "q": "What changed in Inca Investments, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $468,404,633 to $569,631,005 (+22%). Added an office in Ciudad de Mexico. No longer lists an office in Ciudad de México."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 656975364.0,
      "total_employees": 13,
      "filing_date": "2021-06-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 495612381.0,
      "total_employees": 12,
      "filing_date": "2022-09-12"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 441002854.0,
      "total_employees": 9,
      "filing_date": "2023-03-22"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 486042385.0,
      "total_employees": 9,
      "filing_date": "2024-08-06"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 468404633.0,
      "total_employees": 10,
      "filing_date": "2025-07-09"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 569631005.0,
      "total_employees": 9,
      "filing_date": "2026-04-14"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $468,404,633 to $569,631,005 (+22%).",
        "Added an office in Ciudad de Mexico.",
        "No longer lists an office in Ciudad de México."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "State Street Bank and Trust Company London Branch",
      "name_as_filed": "STATE STREET BANK AND TRUST COMPANY LONDON BRANCH",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/inca-investments-llc-miami-fl-131194.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 215738533.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": null,
      "fewer_than_5": true,
      "raum": 353892472.0
    }
  ],
  "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/131194",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}