{
  "crd_number": 301289,
  "slug": "leste-usa-llc-miami-fl-301289",
  "primary_business_name": "LESTE USA, LLC",
  "legal_name": "LESTE USA, 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": "2019-09-18",
  "years_registered": 7,
  "period": "2026-10-01",
  "filing_date": "2026-06-05",
  "carried_forward": false,
  "raum_total": 126260954.0,
  "raum_discretionary": 126260954.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 12,
  "advisory_employees": 7,
  "client_count_bucket": null,
  "clients_by_type": {
    "corporations_other_businesses": {
      "raum": 126260954.0,
      "count": 2
    }
  },
  "compensation_types": [
    "fixed",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL"
  ],
  "websites": [
    "https://leste.com",
    "https://linkedin.com/COMPANY/LESTEGROUP/ABOUT"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/301289",
  "city_as_filed": "MIAMI",
  "url": "https://advisorcensus.com/firm/leste-usa-llc-miami-fl-301289",
  "display_name": "Leste USA, LLC",
  "summary": "Leste USA, LLC is an SEC-registered investment advisory firm in Miami, FL, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 5, 2026.",
  "citation": "AdvisorCensus. Leste USA, LLC (CRD 301289): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "Fixed fees (other than subscription fees)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Leste USA, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Leste USA, LLC reports these compensation arrangements: fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "Where is Leste USA, LLC located?",
      "a": "Leste USA, LLC's principal office is in Miami, FL, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Leste USA, LLC registered with the SEC or a state?",
      "a": "Leste USA, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 301289."
    },
    {
      "q": "How much does Leste USA, LLC manage?",
      "a": "Leste USA, LLC reports $126,260,954 in regulatory assets under management in its Form ADV filing dated June 5, 2026 (100% discretionary)."
    },
    {
      "q": "How have Leste USA, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Leste USA, LLC: Regulatory assets under management: $18,136,611 in the October 2021 data and $126,260,954 in the October 2026 data, up 596%. Total employees: 10 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Leste USA, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: corporations or other businesses not listed above (2)."
    },
    {
      "q": "Does Leste USA, 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/301289"
    },
    {
      "q": "What changed in Leste USA, LLC's recent Form ADV filings?",
      "a": "In the July 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 18136611.0,
      "total_employees": 10,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 5903817.0,
      "total_employees": 10,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 172427458.0,
      "total_employees": 14,
      "filing_date": "2023-06-16"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 113653187.0,
      "total_employees": 13,
      "filing_date": "2024-07-25"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 121482316.0,
      "total_employees": 12,
      "filing_date": "2025-05-07"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 126260954.0,
      "total_employees": 12,
      "filing_date": "2026-06-05"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/leste-usa-llc-miami-fl-301289.md",
  "clients": [
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 2,
      "fewer_than_5": false,
      "raum": 126260954.0
    }
  ],
  "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/301289",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}