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RIA / WealthRegistered adviserformer SEC adviserleft the SEC rosterRAUM 100m 1b

AZ APICE CAPITAL MANAGEMENT LLC

CRD 281973

MIAMI, 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:bdc9ddea-c6eb-62fa-2b8f-3c686fca2ad6

Data as of Mar 6, 2025 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 8:57 PM UTC and rebuilt at most every 15 minutes.

Relationships: 23
Dated events: 11
On other graphs: 1
Observed: Dec 1, 2015 to Mar 6, 2025
26 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Private Equityidentity

AZ Apice Capital Management LLC

Intermediary · shared crd

Facts

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

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $376MItem 5.F on the latest filing (2025-03-06); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $365M
Private client RAUM: $359MderivedItem 5.D individuals plus high net worth individuals
Private client share: 96%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 4
Advisory employees: 2
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 224
High net worth clients: 223
SEC number: 801-107020
CRD: 281973
Filings on the tape: 26
First filed: Dec 1, 2015
Latest filed: Mar 6, 2025
Organised: Limited Liability Company, FL
Website: azapice.com

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
ALVES, WALTER, JOSE	MANAGING PARTNER	B	yes	10/2020	Mar 10, 2016	Nov 18, 2024
AZ US HOLDINGS INC.	Member	D	yes	09/2015	Dec 1, 2015	Nov 18, 2024
AZIMUT HOLDING SPA	SHARE HOLDER	D	yes	10/2010	Dec 1, 2015	Nov 18, 2024
AZIMUT UK HOLDINGS LIMITED	Shareholder	E	yes	07/2021	May 9, 2023	Nov 18, 2024
FREDDI, MARITA, SOBIGLIA	Manager	Na	yes	09/2015	Dec 9, 2015	Nov 18, 2024
GORGATTI, BRUNO, COLACO	MEMBER, MANAGING PARTNER	B	yes	02/2016	Mar 10, 2016	Nov 18, 2024
Guiati, Massimo	Manager	Na	yes	02/2020	Apr 23, 2020	Nov 18, 2024
PERRUCCI, GIUSEPPE, NMN	Manager	Na	yes	03/2018	Mar 30, 2018	Nov 18, 2024
SONZOGNI, MARIA, GRAZIA	Manager	Na	yes	09/2015	Dec 9, 2015	Nov 18, 2024
Gonzalez, Carlos, Javier	Cco	Na	no	01/2023	Mar 29, 2023	Nov 18, 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
AZIMUT GENESIS ADVISORS LLC	n/a	Other adviser	$1.0B	N	yes	n/a
SANCTUARY SECURITIES, INC.	n/a	Former SEC adviser	$501M	N	yes	n/a
AZ FUND MANAGEMENT SA	n/a	n/a	n/a	N	yes	n/a
AZIMUT BRAZIL WEALTH MANAGEMENT LTDA	n/a	n/a	n/a	N	yes	n/a

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	Offices	Private funds	Fund GAV
2024	Mar 6, 2025	$376M	$365M	4	2	0	n/a	n/a
2023	Mar 28, 2024	$345M	$339M	4	2	0	n/a	n/a
2022	Mar 29, 2023	$317M	$312M	5	2	0	n/a	n/a
2021	Feb 22, 2022	$402M	$396M	3	2	0	n/a	n/a
2020	Mar 5, 2021	$343M	$338M	3	2	0	n/a	n/a
2019	Apr 23, 2020	$308M	$302M	5	3	0	n/a	n/a
2018	Mar 30, 2019	$238M	$233M	4	4	1	n/a	n/a
2017	Mar 30, 2018	$159M	$141M	4	4	1	n/a	n/a
2016	Feb 7, 2017	$376M	$72.6M	4	4	n/a	n/a	n/a
2015	Mar 10, 2016	$250M	$27.0M	4	4	n/a	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	2	-2	n/a	0	0	0	0	2

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
2024	$376M	$345M	9.0%	$402M	-2.2%	4	4	0	0

Teams out

two or more advisors whose registrations ended here and began at one firm together: a fact of two dates, not a prediction

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
AZIMUT INVESTMENT ADVISORS LLC	2	Feb 3, 2026	Feb 26, 2026	MIAMI, FL	Team lift out	RIA to RIA	100.0%

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
MORGAN STANLEY	2	Feb 29, 2016	Feb 19, 2016	MIAMI, FL	Team lift out	Other	0.0%

Relationships

Affiliated with (9)

← TRU INDEPENDENCE ASSET MANAGEMENT 2, LLCRegistered adviserother investment adviser, common control
factForm ADV
← SANCTUARY ADVISORS, LLCRegistered adviserother investment adviser, common control
factForm ADV
← TRU INDEPENDENCE ASSET MANAGEMENT, LLCRegistered adviserother investment adviser, common control
factForm ADV
← AACP INVESTMENTS, LLCRegistered adviserother investment adviser, common control
factForm ADV
← KENNEDY CAPITAL MANAGEMENTRegistered adviserother investment adviser, common control
factForm ADV
← AZIMUT INVESTMENT ADVISORS LLCRegistered adviserother investment adviser, common control
factForm ADV
→ AZIMUT INVESTMENT ADVISORS LLCRegistered adviserother investment adviser, common control
factForm ADV
→ DAVID A. NOYES & COMPANYRegistered adviserbroker-dealer, common control
factForm ADV
← AZG CAPITALRegistered adviserother investment adviser, common control
factForm ADV

Moved with (2)

→ AZIMUT INVESTMENT ADVISORS LLCRegistered adviser2 advisors, team lift out, same day
Feb 3, 2026 to Feb 26, 2026factForm ADV
← MORGAN STANLEYRegistered adviser2 advisors, team lift out, same day
Feb 29, 2016 to Feb 19, 2016factForm ADV

Registered with (2)

← WALTER JOSE ALVESAdvisorregistration: previous registration
Feb 19, 2016 to Feb 3, 2026factForm ADV
← BRUNO COLACO GORGATTIAdvisorregistration: previous registration
Feb 19, 2016 to Feb 3, 2026factForm ADV

Controls (9)

← ALVES, WALTER, JOSEOwnerMANAGING PARTNER, ownership code B, individual
Mar 10, 2016 to Nov 18, 2024factForm ADV
← GORGATTI, BRUNO, COLACOOwnerMEMBER, MANAGING PARTNER, ownership code B, individual
Mar 10, 2016 to Nov 18, 2024factForm ADV
← FREDDI, MARITA, SOBIGLIAOwnerMANAGER, ownership code NA, individual
Dec 9, 2015 to Nov 18, 2024factForm ADV
← SONZOGNI, MARIA, GRAZIAOwnerMANAGER, ownership code NA, individual
Dec 9, 2015 to Nov 18, 2024factForm ADV
← PERRUCCI, GIUSEPPE, NMNOwnerMANAGER, ownership code NA, individual
Mar 30, 2018 to Nov 18, 2024factForm ADV
← Guiati, MassimoOwnerMANAGER, ownership code NA, individual
Apr 23, 2020 to Nov 18, 2024factForm ADV
← AZ US HOLDINGS INC.OwnerMEMBER, ownership code D, domestic entity
Dec 1, 2015 to Nov 18, 2024factForm ADV
← AZIMUT HOLDING SPAOwnerSHARE HOLDER, ownership code D, foreign entity
Dec 1, 2015 to Nov 18, 2024factForm ADV
← AZIMUT UK HOLDINGS LIMITEDOwnerSHAREHOLDER, ownership code E, foreign entity
May 9, 2023 to Nov 18, 2024factForm ADV

Owns (1)

← Gonzalez, Carlos, JavierOwnerCCO, ownership code NA, individual
Mar 29, 2023 to Nov 18, 2024factForm ADV

Dated events

1 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Feb 3, 2026
Team lift-out
2 advisors left AZ Apice Capital Management LLC (Miami, FL) for Azimut Investment Advisors LLC on the same day
Form ADVobserved 4 days ago
2 advisors
Occurred
Feb 3, 2026
Advisor changed firm
Walter Jose Alves left Az Apice Capital Management Llc for Azimut Investment Advisors Llc (registered 2026-02-26)
Form ADVobserved 4 days ago
Occurred
Feb 3, 2026
Advisor changed firm
Bruno Colaco Gorgatti left Az Apice Capital Management Llc for Azimut Investment Advisors Llc (registered 2026-02-26)
Form ADVobserved 4 days ago
Occurred
Mar 29, 2023
Control person joined
Javier Carlos Gonzalez (Cco) appeared on Schedule A of Az Apice Capital Management Llc
Form ADVobserved 4 days ago
Occurred
Oct 19, 2020
Control person left
M Robert Brito (Chief Compliance Officer) no longer on Schedule A of Az Apice Capital Management Llc (listed 2020-06-30, absent 2020-10-19)
Form ADVobserved 4 days ago
Occurred
Apr 23, 2020
Control person joined
Massimo Guiati (Manager) appeared on Schedule A of Az Apice Capital Management Llc
Form ADVobserved 4 days ago
Occurred
Apr 23, 2020
Control person left
Piergiacomo Rock (Member, Managing Partner) no longer on Schedule A of Az Apice Capital Management Llc (listed 2019-04-15, absent 2020-04-23)
Form ADVobserved 4 days ago
Occurred
Apr 23, 2020
Control person left
Roberto Gabriele Blei (Manager) no longer on Schedule A of Az Apice Capital Management Llc (listed 2019-04-15, absent 2020-04-23)
Form ADVobserved 4 days ago
Occurred
Mar 30, 2018
Regulatory AUM changed
Az Apice Capital Management Llc reported RAUM $158.9M, down 58% from $376.5M (2017-03-27 to 2018-03-30)
Form ADVobserved 4 days ago
$-218M
Occurred
Dec 1, 2015
First Form ADV filing
Az Apice Capital Management Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 4 days ago

Show 1 bookkeeping events

Occurred
Mar 2, 2026
Az Apice Capital Management Llc no longer on the SEC adviser roster (last listed 2026-02-02, RAUM $375.8M)

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:bdc9ddea-c6eb-62fa-2b8f-3c686fca2ad6
First observed: Dec 1, 2015
Last observed: Mar 6, 2025 18 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.

AZ APICE CAPITAL MANAGEMENT LLC

CRD 281973

MIAMI, 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:bdc9ddea-c6eb-62fa-2b8f-3c686fca2ad6

Data as of Mar 6, 2025 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 8:57 PM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

ALVES, WALTER, JOSE

MANAGING PARTNER

yes

10/2020

Mar 10, 2016

Nov 18, 2024

AZ US HOLDINGS INC.

Member

yes

09/2015

Dec 1, 2015

Nov 18, 2024

AZIMUT HOLDING SPA

SHARE HOLDER

yes

10/2010

Dec 1, 2015

Nov 18, 2024

AZIMUT UK HOLDINGS LIMITED

Shareholder

yes

07/2021

May 9, 2023

Nov 18, 2024

FREDDI, MARITA, SOBIGLIA

Manager

yes

09/2015

Dec 9, 2015

Nov 18, 2024

GORGATTI, BRUNO, COLACO

MEMBER, MANAGING PARTNER

yes

02/2016

Mar 10, 2016

Nov 18, 2024

Guiati, Massimo

Manager

yes

02/2020

Apr 23, 2020

Nov 18, 2024

PERRUCCI, GIUSEPPE, NMN

Manager

yes

03/2018

Mar 30, 2018

Nov 18, 2024

SONZOGNI, MARIA, GRAZIA

Manager

yes

09/2015

Dec 9, 2015

Nov 18, 2024

Gonzalez, Carlos, Javier

Cco

01/2023

Mar 29, 2023

Nov 18, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

AZIMUT GENESIS ADVISORS LLC

n/a

Other adviser

$1.0B

yes

n/a

SANCTUARY SECURITIES, INC.

n/a

Former SEC adviser

$501M

yes

n/a

AZ FUND MANAGEMENT SA

n/a

yes

n/a

AZIMUT BRAZIL WEALTH MANAGEMENT LTDA

n/a

yes

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2024

Mar 6, 2025

$376M

$365M

n/a

2023

Mar 28, 2024

$345M

$339M

n/a

2022

Mar 29, 2023

$317M

$312M

n/a

2021

Feb 22, 2022

$402M

$396M

n/a

2020

Mar 5, 2021

$343M

$338M

n/a

2019

Apr 23, 2020

$308M

$302M

n/a

2018

Mar 30, 2019

$238M

$233M

n/a

2017

Mar 30, 2018

$159M

$141M

n/a

2016

Feb 7, 2017

$376M

$72.6M

n/a

2015

Mar 10, 2016

$250M

$27.0M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

-2

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2024

$376M

$345M

9.0%

$402M

-2.2%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

AZIMUT INVESTMENT ADVISORS LLC

Feb 3, 2026

Feb 26, 2026

MIAMI, FL

Team lift out

RIA to RIA

100.0%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

MORGAN STANLEY

Feb 29, 2016

Feb 19, 2016

MIAMI, FL

Team lift out

Other

0.0%