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.
SEC-registered adviser
Balanz
Wealth manager with institutional or fund businessCoral Gables, FloridaCRD 322263SEC 801-126818websiteIAPD
Legal name Balanz Advisors LLC
Latest filing Apr 2, 2026
First filing on the tape Oct 3, 2022 · 15 filings
SEC status approved since Nov 2, 2022
RAUM
$153M
reported, Item 5.F
Discretionary
19%
of RAUM
Private clients
35%
$54.0M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$19.1M
derived; firm RAUM over IAPD count
Employees
11
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$153M as of Apr 2, 2026
Mar 29, 2023$0 then
HNW client RAUM$46.4M as of Apr 2, 2026
Mar 13, 2024$27.1M then
State-registered IARs (5.B.3)4 as of Apr 2, 2026
Mar 29, 20230 then
Employees (5.A)11 as of Apr 2, 2026
Mar 29, 20233 then
Private funds: no history
RAUM -7.7% over the last fiscal yearIARs 1 to 4
Practice profile
derived from the filing of Apr 2, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- RAUM per advisor
- $19.1MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 8derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.5MderivedHNW RAUM over HNW clients
- Average account
- $2.3MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 19%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.4derivedItem 5.A over advisors
- Advisors per office
- 8.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -7.7%derivedbetween the last two annual amendments
- Advisor growth, one year
- +300%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +8.6%derived
- Compensation
- percentage of assets, performance-basedreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- 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
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Other investment advisers$98.2M64%
- High-net-worth individuals$46.4M30%
- Individuals$7.6M5.0%
- Corporations and businesses$336,5650.2%
- Individual clients
- 31reported
- HNW clients
- 32reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 66reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, performancereported
- Class basis
- private_client_share=0.35 fund_share=0.64 institutional_share=0.0 related_bd=true related_bank=false bd_reps=4.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Diego Fernando Daza | Coral Gables, Fl | Nov 6, 2023 | 10 y | 1 |
| Christopher Jason Shea | Coral Gables, Fl | Nov 7, 2023 | 26 y | 3 |
| Kevin Ives Barros | Coral Gables, Fl | Apr 10, 2024 | 13 y | 0 |
| Fernando Jose Lanus | Coral Gables, Fl | Nov 10, 2025 | 16 y | 0 |
| John Debrito | Coral Gables, Fl | Mar 23, 2026 | 10 y | 1 |
| Federico Eduardo Francia Telesca | Coral Gables, Fl | Mar 25, 2026 | 11 y | 1 |
| Eric Ramon Simon | Coral Gables, Fl | May 5, 2026 | 11 y | 1 |
| Rafael Leonardo Mendoza | Coral Gables, Fl | Jul 23, 2026 | 10 y | 1 |
Advisor movement
0 left, 4 joined in 12 months
net +4 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- Rafael Leonardo Mendoza from Black Toro LLCJul 23, 2026 · RIA to RIA
- Eric Ramon Simon from Stonex International Advisors IncMay 5, 2026 · RIA to RIA
- Federico Eduardo Francia Telesca from Puente Asesoramiento De Inversiones, LLCMar 25, 2026 · Other
- John Debrito from Eagle Strategies LLCMar 23, 2026 · Affiliated broker-dealer or bank to independent RIA
- Christopher Jason Shea from Citigroup Global Markets Inc.Nov 7, 2023 · Other
- Diego Fernando Daza from Citigroup Global Markets Inc.Nov 6, 2023 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from Citigroup Global Markets Inc.Oct 6, 2023 · Miami, Fl
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Leo Richard Ganter · Ceo, Principalcontrolsince 09/2022 · owns less than 5%
- Arthur Alfred Lucier · Managing Directorcontrolsince 09/2022 · owns less than 5%
- A Marc Morell · Ccocontrolsince 08/2023 · owns less than 5%
- Carlos Juan Bernardez · Shareholdercontrolsince 10/2010 · owns F of Balanz Capital Group S.A.
- Octavio Bernardez · Shareholdercontrolsince 10/2010 · owns F of Balanz Capital Group S.A.
- Noemi Isabel Pita · Shareholdercontrolsince 10/2010 · owns F of Balanz Capital Group S.A.
- Federico Claudio Porcel · Shareholdercontrolsince 10/2010 · owns 25% to 50% of Balanz Capital Group S.A.
Entity owners
- Balanz Holdings US LLC · Sole Memberdirect · owns 75% or more
- Balanz Capital Group S.A. · Shareholderindirect · owns 75% or more of Balanz Holdings US LLC
Related persons
Schedule D 7.A
- Balanz Capital International Inc.broker-dealern
- Balanz Capital Uk Llpbroker-dealern
- Balanz Capital Valores S.A.U.broker-dealern
- Balanz Sociedad Gerente Fondos Comunes De Inversion S.A.U.pooled vehicle sponsorn
- Balanz Uruguay Agente De Valores S.A.broker-dealern
- Balanz Uruguay S.A.investment advisern
- First Global Trade Llpinvestment advisern
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Coral Gables, Fl · principal | 8 | 5 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 64 to 66Jan 23, 2026 to Mar 31, 2026
- Advisory employees · 2 to 4Jan 23, 2026 to Mar 31, 2026
- Advisory activities · 1 to 2Jan 23, 2026 to Mar 31, 2026
- BD registered reps · 3 to 4Jan 23, 2026 to Mar 31, 2026
- Corporate clients · 5 to 2Jan 23, 2026 to Mar 31, 2026
- HNW clients · 34 to 32Jan 23, 2026 to Mar 31, 2026
- Individual clients · 24 to 31Jan 23, 2026 to Mar 31, 2026
- Employees · 4 to 11Jan 23, 2026 to Mar 31, 2026
- State-registered IARs · 1 to 4Jan 23, 2026 to Mar 31, 2026
- Discretionary RAUM · $20.4M to $29.6MJan 23, 2026 to Mar 31, 2026
- HNW RAUM · $36.1M to $46.4MJan 23, 2026 to Mar 31, 2026
- Individual RAUM · $8.2M to $7.6MJan 23, 2026 to Mar 31, 2026
- Non-discretionary RAUM · $145M to $123MJan 23, 2026 to Mar 31, 2026
- RAUM · $165M to $153MJan 23, 2026 to Mar 31, 2026
- Employees · 5 to 4Nov 18, 2025 to Jan 23, 2026
- Accounts · 62 to 64Mar 13, 2024 to Mar 19, 2025
- Advisory employees · 3 to 2Mar 13, 2024 to Mar 19, 2025
- BD registered reps · 2 to 3Mar 13, 2024 to Mar 19, 2025
- Corporate clients · 7 to 5Mar 13, 2024 to Mar 19, 2025
- HNW clients · 25 to 34Mar 13, 2024 to Mar 19, 2025
- Individual clients · 29 to 24Mar 13, 2024 to Mar 19, 2025
- Employees · 9 to 5Mar 13, 2024 to Mar 19, 2025
- Financial planning clients · unset to Mar 13, 2024 to Mar 19, 2025
- State-registered IARs · 3 to 1Mar 13, 2024 to Mar 19, 2025
- Discretionary RAUM · $0 to $20.4MMar 13, 2024 to Mar 19, 2025
- HNW RAUM · $27.1M to $36.1MMar 13, 2024 to Mar 19, 2025
- Individual RAUM · $7.7M to $8.2MMar 13, 2024 to Mar 19, 2025
- Non-discretionary RAUM · $266M to $145MMar 13, 2024 to Mar 19, 2025
- RAUM · $266M to $165MMar 13, 2024 to Mar 19, 2025
- Accounts · 30 to 62Oct 3, 2023 to Mar 13, 2024
- Advisory employees · 1 to 3Oct 3, 2023 to Mar 13, 2024
- BD registered reps · 0 to 2Oct 3, 2023 to Mar 13, 2024
- Corporate clients · unset to 7.0Oct 3, 2023 to Mar 13, 2024
- HNW clients · unset to 25.0Oct 3, 2023 to Mar 13, 2024
- Individual clients · unset to 29.0Oct 3, 2023 to Mar 13, 2024
- Employees · 5 to 9Oct 3, 2023 to Mar 13, 2024
- State-registered IARs · 1 to 3Oct 3, 2023 to Mar 13, 2024
- Discretionary RAUM · $140M to $0Oct 3, 2023 to Mar 13, 2024
- HNW RAUM · unset to 27142935.0Oct 3, 2023 to Mar 13, 2024
- Individual RAUM · unset to 7718087.0Oct 3, 2023 to Mar 13, 2024
Signals
10 dated events
- Balanz reported RAUM $165.3M, down 38% from $265.9M (2024-03-13 to 2025-03-19)Mar 19, 2025 · RAUM change · derived
- Balanz reported RAUM $265.9M, up 90% from $139.9M (2023-10-03 to 2024-03-13)Mar 13, 2024 · RAUM change · derived
- 2 advisors left Citigroup Global Markets Inc. (Miami, FL) for Balanz on the same dayOct 6, 2023 · Team lift-out · derived
- A Marc Morell (Cco) appeared on Schedule A of BalanzSep 11, 2023 · Control person joined · fact
- Paul Eric Hwang (Chief Compliance Officer) no longer on Schedule A of Balanz (listed 2023-04-06, absent 2023-09-11)Sep 11, 2023 · Control person left · inference
- Paul Eric Hwang (Chief Compliance Officer) appeared on Schedule A of BalanzApr 5, 2023 · Control person joined · fact
- Enrique Gabriel Gendler (Chief Compliance Officer) no longer on Schedule A of Balanz (listed 2023-03-29, absent 2023-04-05)Apr 5, 2023 · Control person left · inference
- A. Jorge Piedrahita (Chief Compliance Officer) no longer on Schedule A of Balanz (listed 2022-10-03, absent 2022-11-07)Nov 7, 2022 · Control person left · inference
- Enrique Gabriel Gendler (Chief Compliance Officer) appeared on Schedule A of BalanzNov 7, 2022 · Control person joined · fact
- Balanz Advisors filed its initial SEC registration (Form ADV)Oct 3, 2022 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business phone
- 786-292-7009reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/balanz-usareportedpublic record, Form ADV, Sep 18, 2026
- Website
- balanz.usreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 786 292-7009reportedpublic record, Form ADV, Apr 2, 2026
- Contact form
- balanz.us/contactreportedpublished by the firm, firm site, Sep 16, 2026
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
- Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $19.1Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026