# Pmadvisers

> Pmadvisers is an SEC-registered investment advisory firm, registered since 2018, reporting under $25 million in regulatory assets under management in its Form ADV filing dated September 15, 2026.

- CRD: 292085
- Filed as: PMADVISERS
- Legal name: Puentes Mayorga Advisers, S.A.S
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: September 15, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/292085
- AdvisorCensus page: https://advisorcensus.com/firm/pmadvisers-292085

## Quick answers

**How is Pmadvisers compensated?**
On its Form ADV (Item 5.E, October 2026), Pmadvisers 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 Pmadvisers charge?**
Its Form ADV Part 2A brochure dated August 20, 2026 states: Hourly rate: $100 an hour (Financial planning services as well as advice and counsel for specific…); Hourly rate: $1,000 an hour (Speaking fees). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Is Pmadvisers registered with the SEC or a state?**
Pmadvisers is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 292085.

**How much does Pmadvisers manage?**
Pmadvisers reports $1,500,000 in regulatory assets under management in its Form ADV filing dated September 15, 2026 (100% discretionary).

**How have Pmadvisers' assets and staff changed since 2021?**
In the Form ADV data for Pmadvisers: Regulatory assets under management: $300,000 in the October 2021 data and $1,500,000 in the October 2026 data, up 400%. 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.

**What types of clients does Pmadvisers serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (4).

**Does Pmadvisers 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/292085

**What changed in Pmadvisers' recent Form ADV filings?**
In the September 2026 filing data: Regulatory assets under management went from $1,300,000 to $1,500,000 (+15%). Updated its list of owners and control persons (Schedule A).

## 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 August 20, 2026)

- Minimum annual fee: $1,000

> Most accounts pay a minimum fee of $1,000; however, accounts may be accepted for less than the suggested minimum.

- Hourly rate: $100 an hour (Financial planning services as well as advice and counsel for specific…)

> Financial planning services as well as advice and counsel for specific advice issues not involving an ongoing relationship will be billed at the hourly rate of $100 payable when the service is rendered.

- Hourly rate: $1,000 an hour (Speaking fees)

> Speaking fees will be billed also by an hourly rate of $1000.

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

### Regulatory assets under management (Item 5.F)
- Total: $1,500,000
- Discretionary: $1,500,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 4 | $1,500,000 |

### Advisory services (Item 5.G)
- Financial planning services
- 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
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Publication of periodicals or newsletters
- Market timing services
- Educational seminars/workshops

### Firm details
- Registered since: 2018 (8 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [pmadvisers.net](https://pmadvisers.net)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $300,000 | 2 | February 2, 2021 |
| October 2022 | $500,000 | 2 | March 1, 2022 |
| October 2023 | $700,000 | 2 | March 29, 2023 |
| October 2024 | $1,300,000 | 2 | September 11, 2024 |
| October 2025 | $1,300,000 | 2 | July 9, 2025 |
| October 2026 | $1,500,000 | 2 | September 15, 2026 |

Regulatory assets under management: $300,000 in the October 2021 data and $1,500,000 in the October 2026 data, up 400%.
Total employees: 2 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Regulatory assets under management went from $1,300,000 to $1,500,000 (+15%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Pmadvisers (CRD 292085): Form ADV filing data as of October 2026.
