{
  "crd_number": 310955,
  "slug": "proaltus-usa-miami-fl-310955",
  "primary_business_name": "PROALTUS USA",
  "legal_name": "PROALTUS USA INC.",
  "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": "2020-11-12",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-07-08",
  "carried_forward": false,
  "raum_total": 604920026.0,
  "raum_discretionary": 326218531.0,
  "raum_non_discretionary": 278701495.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 14,
  "advisory_employees": 4,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 26332507.0,
      "count": 53
    },
    "other_investment_advisers": {
      "raum": 259013342.0,
      "count": 2
    },
    "high_net_worth_individuals": {
      "raum": 48437340.0,
      "count": 8
    },
    "pooled_investment_vehicles": {
      "raum": 172713300.0,
      "count": 8
    },
    "corporations_other_businesses": {
      "raum": 98423537.0,
      "count": 23
    }
  },
  "compensation_types": [
    "other",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "TX"
  ],
  "websites": [
    "https://proaltus.us"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/310955",
  "city_as_filed": "MIAMI",
  "url": "https://advisorcensus.com/firm/proaltus-usa-miami-fl-310955",
  "display_name": "Proaltus USA",
  "summary": "Proaltus USA is an SEC-registered investment advisory firm in Miami, FL, registered since 2020, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 8, 2026.",
  "citation": "AdvisorCensus. Proaltus USA (CRD 310955): 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",
    "Other"
  ],
  "advisory_activity_labels": [
    "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",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Proaltus USA compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Proaltus USA reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other."
    },
    {
      "q": "Where is Proaltus USA located?",
      "a": "Proaltus USA's principal office is in Miami, FL, according to its Form ADV; the March 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Proaltus USA registered with the SEC or a state?",
      "a": "Proaltus USA is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 310955."
    },
    {
      "q": "How much does Proaltus USA manage?",
      "a": "Proaltus USA reports $604,920,026 in regulatory assets under management in its Form ADV filing dated July 8, 2026 (54% discretionary)."
    },
    {
      "q": "How have Proaltus USA's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Proaltus USA: Regulatory assets under management: $250,000,000 in the October 2021 data and $604,920,026 in the October 2026 data, up 142%. Total employees: 6 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Proaltus USA serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (53); corporations or other businesses not listed above (23); high net worth individuals (8)."
    },
    {
      "q": "Which custodians does Proaltus USA use?",
      "a": "Proaltus USA's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Actinver, Interactive Brokers LLC and J.P. Morgan Securities LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Proaltus USA 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/310955"
    },
    {
      "q": "Does Proaltus USA state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated July 8, 2026 says: \"Proaltus’ cumulative minimum account is $500,000. However, based on facts and circumstances Proaltus may, at its sole discretion, accept accounts with a lower value.\""
    },
    {
      "q": "What changed in Proaltus USA's recent Form ADV filings?",
      "a": "In the August 2026 filing data: No longer lists an office in Madrid."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 250000000.0,
      "total_employees": 6,
      "filing_date": "2021-06-02"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 309000000.0,
      "total_employees": 12,
      "filing_date": "2022-09-01"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 325000000.0,
      "total_employees": 15,
      "filing_date": "2023-03-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 406260332.0,
      "total_employees": 15,
      "filing_date": "2024-08-01"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 505799733.0,
      "total_employees": 18,
      "filing_date": "2025-02-11"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 604920026.0,
      "total_employees": 14,
      "filing_date": "2026-07-08"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "No longer lists an office in Madrid."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Employees performing advisory functions went from 3 to 4.",
        "Regulatory assets under management went from $505,799,733 to $604,920,026 (+20%).",
        "Changed its office addresses in Madrid."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated July 8, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$500,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": "$10,000",
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $500,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Proaltus’ cumulative minimum account is $500,000. However, based on facts and circumstances Proaltus may, at its sole discretion, accept accounts with a lower value."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $10,000"
        ],
        "quotes": [
          "Minimum Annual Flat Fee for Advisory Services: $10,000.00* *Negotiable"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 500000.0,
      "minimum_annual_fee": 10000.0,
      "planning": []
    },
    "quotes": [
      "Proaltus’ cumulative minimum account is $500,000. However, based on facts and circumstances Proaltus may, at its sole discretion, accept accounts with a lower value.",
      "Minimum Annual Flat Fee for Advisory Services: $10,000.00* *Negotiable"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Actinver",
      "name_as_filed": "ACTINVER",
      "affiliated": false
    },
    {
      "name": "Interactive Brokers LLC",
      "name_as_filed": "INTERACTIVE BROKERS LLC",
      "affiliated": false
    },
    {
      "name": "J.P. Morgan Securities LLC",
      "name_as_filed": "J.P. MORGAN SECURITIES 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/proaltus-usa-miami-fl-310955.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 53,
      "fewer_than_5": false,
      "raum": 26332507.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 8,
      "fewer_than_5": false,
      "raum": 48437340.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 8,
      "fewer_than_5": false,
      "raum": 172713300.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 2,
      "fewer_than_5": false,
      "raum": 259013342.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 23,
      "fewer_than_5": false,
      "raum": 98423537.0
    }
  ],
  "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/310955",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}