{
  "crd_number": 8096,
  "slug": "popular-securities-llc-hato-rey-pr-8096",
  "primary_business_name": "POPULAR SECURITIES, LLC",
  "legal_name": "POPULAR SECURITIES, LLC",
  "dbas": [
    "POPULAR ONE"
  ],
  "city": "Hato Rey",
  "state": "PR",
  "country": "United States",
  "cbsa_code": "41980",
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2000-09-29",
  "years_registered": 26,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 2620503498.0,
  "raum_discretionary": 2144140822.0,
  "raum_non_discretionary": 476362676.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 91,
  "advisory_employees": 45,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 3966831.0,
      "count": 3,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 226908315.0,
      "count": 1000
    },
    "pension_profit_sharing": {
      "raum": 436265568.0,
      "count": 486
    },
    "high_net_worth_individuals": {
      "raum": 458060331.0,
      "count": 376
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": null
    },
    "corporations_other_businesses": {
      "raum": 1495302453.0,
      "count": 538
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 3,
  "states_registered": [
    "CO",
    "FL",
    "MD",
    "PR",
    "TX",
    "VA",
    "VI"
  ],
  "websites": [
    "https://popular.com",
    "https://popular.com/POPULARONE/SERVICIOS/INVERSIONES"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/8096",
  "disclosure_items": [
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    }
  ],
  "city_as_filed": "HATO REY",
  "url": "https://advisorcensus.com/firm/popular-securities-llc-hato-rey-pr-8096",
  "display_name": "Popular Securities, LLC",
  "summary": "Popular Securities, LLC is an SEC-registered investment advisory firm in Hato Rey, PR, registered since 2000, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Popular Securities, LLC (CRD 8096): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Other"
  ],
  "advisory_activity_labels": [
    "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)",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Popular Securities, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Popular Securities, LLC reports these compensation arrangements: a percentage of assets under its management; other."
    },
    {
      "q": "Where is Popular Securities, LLC located?",
      "a": "Popular Securities, LLC's principal office is in Hato Rey, PR, according to its Form ADV; the April 2026 filing also lists 7 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Popular Securities, LLC registered with the SEC or a state?",
      "a": "Popular Securities, LLC is an SEC-registered investment advisory firm, registered since 2000. Status as filed: Approved. CRD 8096."
    },
    {
      "q": "How much does Popular Securities, LLC manage?",
      "a": "Popular Securities, LLC reports $2,620,503,498 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (82% discretionary)."
    },
    {
      "q": "How have Popular Securities, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Popular Securities, LLC: Regulatory assets under management: $1,718,683,557 in the October 2021 data and $2,620,503,498 in the October 2026 data, up 52%. Total employees: 95 in October 2021 and 91 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Popular Securities, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,000); corporations or other businesses not listed above (538); pension and profit sharing plans (but not the plan participants or government pension plans) (486)."
    },
    {
      "q": "Which custodians does Popular Securities, LLC use?",
      "a": "Popular Securities, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Popular Securities, LLC report any disciplinary disclosures?",
      "a": "Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/8096"
    },
    {
      "q": "What changed in Popular Securities, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 41 to 45. Regulatory assets under management went from $2,260,511,216 to $2,620,503,498 (+16%). Added an office in Guaynabo, PR. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1718683557.0,
      "total_employees": 95,
      "filing_date": "2021-09-01"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 2071124731.0,
      "total_employees": 97,
      "filing_date": "2022-03-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 2037947253.0,
      "total_employees": 95,
      "filing_date": "2023-06-05"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 2228633350.0,
      "total_employees": 95,
      "filing_date": "2024-04-30"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 2260511216.0,
      "total_employees": 95,
      "filing_date": "2025-07-08"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2620503498.0,
      "total_employees": 91,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 41 to 45.",
        "Regulatory assets under management went from $2,260,511,216 to $2,620,503,498 (+16%).",
        "Added an office in Guaynabo, PR.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "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/popular-securities-llc-hato-rey-pr-8096.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1000,
      "fewer_than_5": false,
      "raum": 226908315.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 376,
      "fewer_than_5": false,
      "raum": 458060331.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": null,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 486,
      "fewer_than_5": false,
      "raum": 436265568.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 3,
      "fewer_than_5": true,
      "raum": 3966831.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 538,
      "fewer_than_5": false,
      "raum": 1495302453.0
    }
  ],
  "disclosure_line": "Reports 3 disclosure items on Form ADV Item 11.",
  "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/8096",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}