# Proaltus USA

> 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.

- CRD: 310955
- Filed as: PROALTUS USA
- Legal name: Proaltus USA Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Miami, FL
- Filing period: October 2026
- Form ADV filing dated: July 8, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/310955
- AdvisorCensus page: https://advisorcensus.com/firm/proaltus-usa-miami-fl-310955

## Quick answers

**How is Proaltus USA compensated?**
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.

**Where is Proaltus USA located?**
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).

**Is Proaltus USA registered with the SEC or a state?**
Proaltus USA is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 310955.

**How much does Proaltus USA manage?**
Proaltus USA reports $604,920,026 in regulatory assets under management in its Form ADV filing dated July 8, 2026 (54% discretionary).

**How have Proaltus USA's assets and staff changed since 2021?**
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.

**What types of clients does Proaltus USA serve?**
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).

**Which custodians does Proaltus USA use?**
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.

**Does Proaltus USA 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/310955

**Does Proaltus USA state an account minimum?**
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."

**What changed in Proaltus USA's recent Form ADV filings?**
In the August 2026 filing data: No longer lists an office in Madrid.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees
- Other

### Fees and minimums (Form ADV Part 2A brochure dated July 8, 2026)

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> 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 fee: $10,000

> Minimum Annual Flat Fee for Advisory Services: $10,000.00* *Negotiable

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

### Custodians (Schedule D, Section 5.K(3))
- Actinver
- Interactive Brokers LLC
- J.P. Morgan Securities LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $604,920,026
- Discretionary: $326,218,531
- Non-discretionary: $278,701,495

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 53 | $26,332,507 |
| High net worth individuals | 8 | $48,437,340 |
| Pooled investment vehicles (other than investment companies and business development companies) | 8 | $172,713,300 |
| Other investment advisers | 2 | $259,013,342 |
| Corporations or other businesses not listed above | 23 | $98,423,537 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 2020 (5 years)
- Employees: 14 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the March 2026 filing
- Madrid

### Websites listed on Form ADV (Item 1.I)
- proaltus.us

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $250,000,000 | 6 | June 2, 2021 |
| October 2022 | $309,000,000 | 12 | September 1, 2022 |
| October 2023 | $325,000,000 | 15 | March 29, 2023 |
| October 2024 | $406,260,332 | 15 | August 1, 2024 |
| October 2025 | $505,799,733 | 18 | February 11, 2025 |
| October 2026 | $604,920,026 | 14 | July 8, 2026 |

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.

## Changes in the filing (last 12 months)

### August 2026
- No longer lists an office in Madrid.

### March 2026
- 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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Proaltus USA (CRD 310955): Form ADV filing data as of October 2026.