7 North Finance Global Services Corp. (Miami)


7 North Finance Global Services Corp. is a large advisory firm based in Miami. It manages $260.44 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2018.

7 North Finance Global Services Corp provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

7 North Finance Global Services Corp: assets under management

The assets under management (AUM) of 7 North Finance Global Services Corp. is $260.44 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -8% since the beginning of its operation, and $260.44 million of the total AUM is attributable to clients outside of the United States.

The firm manages $260.44 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $52.09 million each.

Investments

The firm invests in government bonds the most. They account for 50% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 30% of the firm’s portfolio. Investments in exchange traded securities form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay 7 North Finance Global Services Corp. for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Juan Andres Althabe serves?

The only and largest group of clients of Juan Andres Althabe is corporations or other businesses with 5 clients and $260.44 million of assets under management. Among the 6 most similar advisory firms, 7 North Finance Global Services Corp has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $260.44 million for 5 clients. 100% of the firm’s clients are foreign persons or businesses.

7 North Finance Global Services Corp doesn't advise any private funds.

Careers at 7 North Finance Global Services Corp.

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Juan Andres Althabe Chief compliance officer/chief executive officer/president 1 Mar 2015 75% - 100% 5287878

Based in Miami

The principal office where 7 North Finance Global Services Corp. performs its advisory services is located at 180 Ne 29 St, Miami, FL 33137, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 917-244-4028 or by fax 212-634-6305. The normal business hours are 8:30am-6:00pm on Monday - Friday.