DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Santander Asset Management

Former SEC-registered adviserGuaynabo, PRCRD 109399SEC 801-56797IAPD
Legal name Santander Asset Management, LLC
Latest filing Mar 29, 2021
First filing on the tape Mar 5, 2012 · 45 filings
RAUM
$468M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
16
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
45 filings and snapshots on the tape
RAUM$468M as of Mar 29, 2021
Mar 30, 2012$4.1B then
HNW client RAUM$0 as of Mar 29, 2021
Mar 31, 2020$0 then
State-registered IARs (5.B.3)2 as of Mar 29, 2021
Mar 30, 20120 then
Employees (5.A)16 as of Mar 29, 2021
Apr 1, 201321 then
Private funds: no history
RAUM -58% over the last fiscal year-31% a year over threeIARs 3 to 2
Practice profile
derived from the filing of Mar 29, 2021; every figure names its basis
RAUM per advisor
$234MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$78.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
14%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
8.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-58%derivedbetween the last two annual amendments
Advisor growth, one year
-33%derivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, selection of other advisers, otherreportedItem 5.G
Custody
$468M, 6 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Corporations and businesses$401M86%
  • State and municipal entities$66.7M14%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
6reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$468M for 6 clientsreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Joined, latest
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • M Jessica Colon Soto · Chief Financial Officercontrol
    since 01/2014 · owns less than 5%
  • J Frank Serra Cardona · President And Ceo, Elected Managercontrol
    since 10/2008 · owns less than 5%
  • Rosa Ana Suarez Pesante · Chief Compliance Officercontrol
    since 12/2017 · owns less than 5%
Entity owners
  • Santander Financial Services, Inc. · Member
    direct · owns 75% or more
  • Banco Santander S.A. · Shareholder
    indirect · owns 75% or more of Santander Holding USA, Inc.
  • Santander Holding USA, Inc. · Member
    indirect · owns 75% or more of Santander Financial Services, Inc.
Related persons
Schedule D 7.A
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 9 to 6
    Dec 10, 2020 to Mar 29, 2021
  • Advisory employees · 4 to 3
    Dec 10, 2020 to Mar 29, 2021
  • Corporate clients · 8 to 5
    Dec 10, 2020 to Mar 29, 2021
  • Assets in custody · $846M to $468M
    Dec 10, 2020 to Mar 29, 2021
  • Discretionary RAUM · $846M to $468M
    Dec 10, 2020 to Mar 29, 2021
  • RAUM · $846M to $468M
    Dec 10, 2020 to Mar 29, 2021
  • Accounts · 34 to 9
    Jun 30, 2020 to Nov 4, 2020
  • Advisory employees · 3 to 4
    Jun 30, 2020 to Nov 4, 2020
  • Corporate clients · 11 to 8
    Jun 30, 2020 to Nov 4, 2020
  • Assets in custody · $901M to $846M
    Jun 30, 2020 to Nov 4, 2020
  • Employees · 18 to 16
    Jun 30, 2020 to Nov 4, 2020
  • State-registered IARs · 3 to 2
    Jun 30, 2020 to Nov 4, 2020
  • Discretionary RAUM · $1.1B to $846M
    Jun 30, 2020 to Nov 4, 2020
  • RAUM · $1.1B to $846M
    Jun 30, 2020 to Nov 4, 2020
  • Accounts · 36 to 34
    Feb 6, 2020 to Mar 31, 2020
  • Advisory employees · 4 to 3
    Feb 6, 2020 to Mar 31, 2020
  • Charity clients · unset to 0.0
    Feb 6, 2020 to Mar 31, 2020
  • Corporate clients · 13 to 11
    Feb 6, 2020 to Mar 31, 2020
  • HNW clients · unset to 0.0
    Feb 6, 2020 to Mar 31, 2020
  • Individual clients · unset to 0.0
    Feb 6, 2020 to Mar 31, 2020
  • Pension plan clients · unset to 0.0
    Feb 6, 2020 to Mar 31, 2020
  • Pooled vehicle clients · unset to 0.0
    Feb 6, 2020 to Mar 31, 2020
  • Assets in custody · $1.0B to $901M
    Feb 6, 2020 to Mar 31, 2020
  • Employees · 20 to 18
    Feb 6, 2020 to Mar 31, 2020
  • State-registered IARs · 4 to 3
    Feb 6, 2020 to Mar 31, 2020
  • Discretionary RAUM · $1.3B to $1.1B
    Feb 6, 2020 to Mar 31, 2020
  • HNW RAUM · unset to 0.0
    Feb 6, 2020 to Mar 31, 2020
  • Individual RAUM · unset to 0.0
    Feb 6, 2020 to Mar 31, 2020
  • Pension RAUM · unset to 0.0
    Feb 6, 2020 to Mar 31, 2020
  • Pooled vehicle RAUM · unset to 0.0
    Feb 6, 2020 to Mar 31, 2020
  • RAUM · $1.3B to $1.1B
    Feb 6, 2020 to Mar 31, 2020
  • Accounts · 45 to 36
    Jan 11, 2019 to Mar 29, 2019
  • Advisory employees · 5 to 4
    Jan 11, 2019 to Mar 29, 2019
  • Corporate clients · 16 to 13
    Jan 11, 2019 to Mar 29, 2019
  • Pension plan clients · 2.0 to unset
    Jan 11, 2019 to Mar 29, 2019
  • Assets in custody · $1.0B to $1.0B
    Jan 11, 2019 to Mar 29, 2019
  • Discretionary RAUM · $1.4B to $1.3B
    Jan 11, 2019 to Mar 29, 2019
  • Pension RAUM · 65084561.0 to unset
    Jan 11, 2019 to Mar 29, 2019
  • RAUM · $1.4B to $1.3B
    Jan 11, 2019 to Mar 29, 2019
  • Accounts · 47 to 45
    Jan 30, 2018 to Mar 29, 2018
Signals
5 dated events
  • Santander Asset Management reported RAUM $467.7M, down 45% from $845.7M (2020-12-10 to 2021-03-29)
    Mar 29, 2021 · RAUM change · derived
  • Pedro Fredy Molfino (Elected Member) no longer on Schedule A of Santander Asset Management (listed 2020-06-30, absent 2020-11-04)
    Nov 4, 2020 · Control person left · inference
  • Rhys Dennis Williams (Cio, Elected Manager) no longer on Schedule A of Santander Asset Management (listed 2019-01-11, absent 2019-03-29)
    Mar 29, 2019 · Control person left · inference
  • Pedro Fredy Molfino (Elected Member) appeared on Schedule A of Santander Asset Management
    Mar 29, 2019 · Control person joined · fact
  • Santander Asset Management reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Jul 29, 2013 · Succession (Item 4) · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026