LAP Latin American Partners

Not reported.

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

Not reported.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

Not reported.

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

Not reported.

Legal name

LAP Latin American Partners LLC

Also doing business as

EMP LATIN AMERICA

Reporting status

Exempt reporting adviser. Status as filed: ERA - Active.

Reporting since

2025 (0 years)

Employees

Total: Not reported. Performing investment advisory functions: Not reported.

Wrap fee program participation

Not reported.

Other offices (Schedule D, Section 1.F)

1 other office, as of the April 2026 filing

Mexico City

States registered or notice-filed

Not reported.

Exempt reporting advisers file a shorter form and are examined by no regulator on a routine schedule. SEC, state, and exempt registration

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Regulatory assets under management: $279,315,730 in the October 2021 data and $156,666,251 in the October 2025 data, down 44%.

Total employees: 12 in October 2021 and 11 in October 2025.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

1. January 2026
   • Moved from SEC registration to exempt reporting adviser status.

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.