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RIA / WealthRegistered adviserother adviserSEC registeredRAUM 100m 1b

SUNSTATE WEALTH MANAGEMENT LLC

CRD 317453

CORAL GABLES, FL

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:bbadad38-a18f-9e98-ab9f-1e6fac1b9a7c

Data as of May 15, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 1:59 AM UTC and rebuilt at most every 15 minutes.

Relationships: 12
Dated events: 4
On other graphs: 0
Observed: Nov 7, 2021 to May 15, 2026
15 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: other adviserderivedprivate_client_share=0.01 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=1.0
Regulatory AUM: $210MItem 5.F on the latest filing (2026-05-15); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $0
Private client RAUM: $1.6MderivedItem 5.D individuals plus high net worth individuals
Private client share: 1%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 3
RAUM per advisor: $69.9Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 4
Advisory employees: 3
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 6
Individual clients: 5
Custody, client assets: $210M
SEC number: 801-122830
CRD: 317453
Filings on the tape: 15
First filed: Nov 7, 2021
Latest filed: May 15, 2026
Organised: Limited Liability Company, FL
Website: sunstatefl.com

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
FABRICIO CAPRIO MACASTROPA	n/a	CORAL GABLES, FL	4	20	n/a	no
Lloyd DeVaux	n/a	CORAL GABLES, FL	1	12	n/a	no
GUSTAVO C. FARHAT	n/a	CORAL GABLES, FL	1	12	1	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
Burmaian, Alexandre	Trustee	F	yes	01/2021	Nov 15, 2021	Mar 22, 2024
BURMAIAN, HILDA, DIRUHY	Owner	D	yes	10/2021	Nov 7, 2021	Mar 22, 2024
Devaux, Lloyd	MANAGING MEMBER	Na	yes	12/2021	Jun 8, 2022	Mar 22, 2024
MACASTROPA, FABRICIO, CAPRIO	MANAGING MEMBER	Na	yes	10/2021	Nov 7, 2021	Mar 22, 2024
SUNSTATE BANCSHARES INC.	Owner	E	yes	10/2021	Nov 7, 2021	Mar 22, 2024
THE PRIVATE TRUST CORPORATION LIMITED	Trustee	F	yes	01/1998	Nov 15, 2021	Mar 22, 2024
BURMAIAN SOFISA TRUST	Owner	E	no	10/2021	Nov 7, 2021	Mar 22, 2024
ROWE, KEVIN, ANTHONY	CHIEF COMPLIANCE OFFICER	Na	no	10/2022	Nov 16, 2022	Mar 22, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
SUNSTATE BANK	n/a	n/a	n/a	N	yes	FL

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Private funds	Fund GAV
2025	Mar 30, 2026	$210M	$0	4	3	n/a	n/a
2024	Mar 28, 2025	$185M	$0	4	3	n/a	n/a
2023	Mar 22, 2024	$173M	$173M	4	3	n/a	n/a
2022	Mar 7, 2023	$146M	$0	3	2	n/a	n/a
2021	Mar 31, 2022	$110M	$0	2	2	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	1	0

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$210M	$185M	13.6%	$146M	12.9%	4	4	0	0

Relationships

Registered with (4)

← GUSTAVO C. FARHATAdvisorregistration: current employment
Jun 10, 2025 to presentfactForm ADV
← Lloyd DeVauxAdvisorregistration: current employment
Jun 9, 2025 to presentfactForm ADV
← FABRICIO CAPRIO MACASTROPAAdvisorregistration: current employment
Apr 13, 2022 to presentfactForm ADV
← ROBERT LAYTONAdvisorregistration: previous registration
Jan 24, 2022 to Nov 16, 2022factForm ADV

Owns (2)

← ROWE, KEVIN, ANTHONYOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Nov 16, 2022 to Mar 22, 2024factForm ADV
← BURMAIAN SOFISA TRUSTOwnerOWNER, ownership code E, foreign entity
Nov 7, 2021 to Mar 22, 2024factForm ADV

Controls (6)

← MACASTROPA, FABRICIO, CAPRIOOwnerMANAGING MEMBER, ownership code NA, individual
Nov 7, 2021 to Mar 22, 2024factForm ADV
← BURMAIAN, HILDA, DIRUHYOwnerOWNER, ownership code D, individual
Nov 7, 2021 to Mar 22, 2024factForm ADV
← Burmaian, AlexandreOwnerTRUSTEE, ownership code F, individual
Nov 15, 2021 to Mar 22, 2024factForm ADV
← Devaux, LloydOwnerMANAGING MEMBER, ownership code NA, individual
Jun 8, 2022 to Mar 22, 2024factForm ADV
← SUNSTATE BANCSHARES INC.OwnerOWNER, ownership code E, domestic entity
Nov 7, 2021 to Mar 22, 2024factForm ADV
← THE PRIVATE TRUST CORPORATION LIMITEDOwnerTRUSTEE, ownership code F, foreign entity
Nov 15, 2021 to Mar 22, 2024factForm ADV

Dated events

Occurred
Nov 16, 2022
Advisor changed firm
Robert Layton left Sunstate Wealth Management Llc for Ocean Financial Advisors Llc (registered 2023-07-31)
Form ADVobserved 4 days ago
Occurred
Jun 8, 2022
Control person joined
Lloyd Devaux (Managing Member) appeared on Schedule A of Sunstate Wealth Management Llc
Form ADVobserved 4 days ago
Occurred
Nov 15, 2021
Control person joined
Alexandre Burmaian (Trustee) appeared on Schedule A of Sunstate Wealth Management Llc
Form ADVobserved 4 days ago
Occurred
Nov 7, 2021
First Form ADV filing
Sunstate Wealth Management Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:bbadad38-a18f-9e98-ab9f-1e6fac1b9a7c
First observed: Nov 7, 2021
Last observed: May 15, 2026 4 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

SUNSTATE WEALTH MANAGEMENT LLC

CRD 317453

CORAL GABLES, FL

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:bbadad38-a18f-9e98-ab9f-1e6fac1b9a7c

Data as of May 15, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 1:59 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

FABRICIO CAPRIO MACASTROPA

n/a

CORAL GABLES, FL

n/a

Lloyd DeVaux

n/a

CORAL GABLES, FL

n/a

GUSTAVO C. FARHAT

n/a

CORAL GABLES, FL

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

Burmaian, Alexandre

Trustee

yes

01/2021

Nov 15, 2021

Mar 22, 2024

BURMAIAN, HILDA, DIRUHY

Owner

yes

10/2021

Nov 7, 2021

Mar 22, 2024

Devaux, Lloyd

MANAGING MEMBER

yes

12/2021

Jun 8, 2022

Mar 22, 2024

MACASTROPA, FABRICIO, CAPRIO

MANAGING MEMBER

yes

10/2021

Nov 7, 2021

Mar 22, 2024

SUNSTATE BANCSHARES INC.

Owner

yes

10/2021

Nov 7, 2021

Mar 22, 2024

THE PRIVATE TRUST CORPORATION LIMITED

Trustee

yes

01/1998

Nov 15, 2021

Mar 22, 2024

BURMAIAN SOFISA TRUST

Owner

10/2021

Nov 7, 2021

Mar 22, 2024

ROWE, KEVIN, ANTHONY

CHIEF COMPLIANCE OFFICER

10/2022

Nov 16, 2022

Mar 22, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

SUNSTATE BANK

n/a

yes

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 30, 2026

$210M

n/a

2024

Mar 28, 2025

$185M

n/a

2023

Mar 22, 2024

$173M

n/a

2022

Mar 7, 2023

$146M

n/a

2021

Mar 31, 2022

$110M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$210M

$185M

13.6%

$146M

12.9%