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
Popular Securities, LLC
Latest filing Mar 31, 2026
First filing on the tape Mar 26, 2012 · 34 filings
SEC status approved since Sep 29, 2000
RAUM
$2.6B
reported, Item 5.F
Discretionary
82%
of RAUM
Private clients
26%
$685M individuals and HNW
Advisors
58
registered through the firm on IAPD
RAUM per advisor
$45.2M
derived; firm RAUM over IAPD count
Employees
91
45 advisory (5.B.1)
Offices
8
beyond the principal office
Private funds
0
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$2.6B as of Mar 31, 2026
May 29, 2012$376M then
HNW client RAUM$458M as of Mar 31, 2026
Mar 26, 2018$243M then
State-registered IARs (5.B.3)45 as of Mar 31, 2026
May 29, 20120 then
Employees (5.A)91 as of Mar 31, 2026
Mar 26, 2013125 then
Private funds1 as of Mar 27, 2024
Mar 26, 20181 then
RAUM +16% over the last fiscal year+11% a year over threeIARs 39 to 45offices 7 to 8
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
- Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
- RAUM per advisor
- $45.2MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 24derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.2MderivedHNW RAUM over HNW clients
- Average account
- $947,056derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 82%derivedof RAUM
- Institutional
- 17%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.6derivedItem 5.A over advisors
- Advisors per office
- 6.4derived9 offices incl. principal (1.F.5)
- RAUM growth, one year
- +16%derivedbetween the last two annual amendments
- Advisor growth, one year
- +15%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +17%derived
- Compensation
- percentage of assets, otherreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, pension consulting, selection of other advisers, educational seminarsreportedItem 5.G
- Wrap fee program
- $1.0BreportedItem 5.I
- 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
- is a broker-dealer (6.A.1)
- is an insurance broker or agent (6.A.6)
- has discretionary authority over which securities are bought or sold (8.C.1)
- a related person has custody of client securities (9.B.1.b)
- a related person acts as qualified custodian (9.D.2)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Corporations and businesses$1.5B57%
- High-net-worth individuals$458M17%
- Pension and profit-sharing plans$436M17%
- Individuals$227M8.7%
- Charitable organizations$4.0M0.2%
- Individual clients
- 1,000reported
- HNW clients
- 376reported
- Pension plan clients
- 486reported
- Charitable clients
- 3reported
- Accounts
- 2,767reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- $0 sponsored, $183M managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.26 fund_share=0.0 institutional_share=0.17 related_bd=false related_bank=false bd_reps=66.0derived
Advisors registered through the firm
58 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Alexey Badillo Cordero | Ponce, Pr | Sep 17, 2007 | 24 y | 1 |
| Lucenith Cuevas Figueroa | Manati, Pr | Oct 16, 2007 | 32 y | 0 |
| Juan Alberto Colon Perea | San Juan, Pr | Aug 9, 2011 | 37 y | 0 |
| Jose Emilio Medina Fermin | San Juan, Pr | Aug 9, 2011 | 30 y | 0 |
| Raquel Gonzalez Chavez | San Juan, Pr | Aug 9, 2011 | 34 y | 0 |
| Tania Perez Pineiro | San Juan, Pr | Aug 16, 2011 | 17 y | 1 |
| Victoria Eugenia Reyes Solarte | San Juan, Pr | Sep 6, 2011 | 19 y | 1 |
| Edman Alicea Rodriguez | San Juan, Pr | Sep 6, 2011 | 32 y | 1 |
| Jose Ramon Martinez Esteves | San Juan, Pr | Jun 4, 2013 | 38 y | 0 |
| Julio Santiago Cruz | San Juan, Pr | Jun 10, 2013 | 21 y | 0 |
| Yolanda M Rosich Clemente | San Juan, Pr | Jun 10, 2013 | 26 y | 0 |
| Jose L. Menendez-Quinones | San Juan, Pr | Jun 10, 2013 | 17 y | 0 |
| Edgar Millan Miro Garcia | San Juan, Pr | Jun 10, 2013 | 29 y | 0 |
| Oscar Rafael Mesorana Colon | St. Thomas, Vi | Jun 10, 2013 | 25 y | 0 |
| Elsie M Torres Olmo | Mayaguez, Pr | Jun 10, 2013 | 26 y | 0 |
| Amarilis Santiago-Torres | San Juan, Pr | Jun 10, 2013 | 26 y | 0 |
| Abimael Rosario Aleman | San Juan, Pr | Jun 10, 2013 | 24 y | 0 |
| Fernando Luis Monllor Arzola | Ponce, Pr | Jun 10, 2013 | 34 y | 0 |
| Enrique Milan Rodriguez | San Juan, Pr | Jun 10, 2013 | 18 y | 0 |
| Hector Shariff Mendez Santiago | San Juan, Pr | Jun 10, 2013 | 25 y | 0 |
| Warren J Ramirez Perez | Mayaguez, Pr | Jun 10, 2013 | 26 y | 0 |
| Ramon A Cobian Vega | San Juan, Pr | Jun 10, 2013 | 29 y | 0 |
| Miguel R Correa Cestero | Guaynabo, Pr | Jun 10, 2013 | 29 y | 0 |
| Clara Yanira Perez O'Neill | Santurce, Pr | Jun 13, 2013 | 24 y | 0 |
| Christian Richard Rickenbach Loubriel | St. Thomas, Vi | Jun 13, 2013 | 27 y | 0 |
| Vanessa Lourdes Perez Fernandez | San Juan, Pr | Jun 17, 2013 | 33 y | 0 |
| Jorge A Roig Velez | Santurce, Pr | Sep 4, 2013 | 46 y | 0 |
| Olga Yaritza Cintron Rosario | San Juan, Pr | Oct 21, 2013 | 13 y | 0 |
| Desiree Maldonado Irizarry | San Juan, Pr | May 4, 2015 | 22 y | 0 |
| Jaime Arnaldo Rodriguez Pagan | Bayamon, Pr | Sep 7, 2016 | 15 y | 0 |
| Beatriz L Diaz Del Llano | San Juan, Pr | May 11, 2017 | 20 y | 0 |
| Michael Adolfo Fernandez Vazquez | San Juan, Pr | Mar 7, 2018 | 10 y | 0 |
| Mariam Rachel Rodriguez Vazquez | San Juan, Pr | Jul 2, 2018 | 11 y | 0 |
| Carlos Guillermo Lopez Pierluisi | San Juan, Pr | Feb 4, 2019 | 11 y | 0 |
| Felix Anibal Lopez Santiago | San Juan, Pr | May 9, 2019 | 12 y | 0 |
| Zaida Milagros Montalvo Diaz | San Juan, Pr | Sep 18, 2019 | 19 y | 0 |
| Rafael Alberto Pereira Bisono | San Juan, Pr | Feb 3, 2020 | 13 y | 0 |
| Cesar Augusto Angarita Ascanio | San Juan, Pr | Mar 23, 2020 | 22 y | 0 |
| Yolanda Varela Ayala | San Juan, Pr | Feb 24, 2021 | 26 y | 0 |
| John Carlos Roman Santiago | San Juan, Pr | Jun 22, 2021 | 12 y | 0 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount3 left over 36 months
Left, latest
- Joel Martinez Navarro to Oriental Financial Services LLCApr 9, 2025 · RIA to RIA
- Raily J Diaz-Rodriguez to Insigneo Advisory Services, LLCFeb 9, 2024 · RIA to affiliated broker-dealer or bank
- Christian Del Toro to Fidelity Personal And Workplace AdvisorsOct 23, 2023 · RIA to affiliated broker-dealer or bank
- Mayra Alejandra Corrada Fernandez to MML Investors Services, LLCJul 13, 2021 · RIA to affiliated broker-dealer or bank
- Jose Arturo Ramos Rios to Npa Asset Management, LLCJan 21, 2021 · RIA to affiliated broker-dealer or bank
- Gabriel J Flores Ruiz to UBS Financial Services Inc.Jul 24, 2019 · RIA to wirehouse
- Lisette Vizcarrondo Perez to Ameriprise Financial Services, LLCMay 31, 2019 · RIA to affiliated broker-dealer or bank
- Lee Daniel Cardona Rodriguez to X-Square CapitalMar 5, 2019 · Other
- Hipolito Claudio Rosario to Citigroup Global Markets Inc.Sep 6, 2018 · RIA to affiliated broker-dealer or bank
- Maria Del Carmen Maisonet Gonzalez to MML Investors Services, LLCSep 4, 2018 · RIA to affiliated broker-dealer or bank
- Enrique Jorge Gelpi to Envestnet PmcJan 4, 2018 · Other
- Jose R Jaunarena Ferrari to Oppenheimer & Co. Inc.Nov 20, 2017 · Other
- Karlamary Aleman Aponte to Freedom AdvisoryJun 13, 2017 · Other
- Robert Andres Homar Lopez to UBS Financial Services Inc.Mar 27, 2017 · Other
- Roberto Luis Rivera Vazquez to Freedom AdvisoryMar 13, 2017 · Other
Joined, latest
- Jared R Vizcarrondo Bibiloni from Lyon Bern, LLCSep 23, 2025 · Other
- Christian Del Toro from Charles Schwab & Co., Inc.Sep 20, 2023 · Affiliated broker-dealer or bank to independent RIA
- Mayra Alejandra Corrada Fernandez from Oriental Financial Services LLCMar 25, 2021 · RIA to RIA
- Maria Del Carmen Maisonet Gonzalez from Kovack Advisors, Inc.Jan 11, 2018 · Other
- Lisette Vizcarrondo Perez from Merrill Lynch, Pierce, Fenner & Smith IncorporatedMay 30, 2017 · Other
- Edman Alicea Rodriguez from Wells Fargo AdvisorsSep 6, 2011 · Other
- Victoria Eugenia Reyes Solarte from Wells Fargo AdvisorsSep 6, 2011 · Other
- Jose Ivan Acosta Jordan from Wells Fargo AdvisorsSep 6, 2011 · Other
- Tania Perez Pineiro from Wells Fargo AdvisorsAug 16, 2011 · Other
- Alfredo A. Collazo from Wells Fargo AdvisorsAug 9, 2011 · Other
- Jose Arturo Ramos Rios from Wells Fargo AdvisorsAug 8, 2011 · Other
- Alexey Badillo Cordero from Cetera Advisor Networks LLCSep 17, 2007 · Other
Private funds
1 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Popular Mezzanine Fund, LLC | Private Equity Fund | $200M | 2 | Mar 26, 2018 |
Owners and control persons
Schedule A and B, latest filing
- Marla Marie Acosta-Ashby · Chief Operating Officer And Elected Managercontrolsince 02/2019 · owns less than 5%
- Ignacio Alvarez Zatarain · Elected Managercontrolsince 09/2017 · owns less than 5%
- Luis Enrique Cestero Casanova · Elected Managercontrolsince 06/2023 · owns less than 5%
- Rosa Angela Colon Ortiz · Chief Compliance Officercontrolsince 01/2019 · owns less than 5%
- Beatriz L Diaz Del Llano · Principal Financial Officercontrolsince 08/2006 · owns less than 5%
- Javier David Ferrer · Elected Managercontrolsince 01/2019 · owns less than 5%
- Francisco Roberto Garcia Inclan · Co-Chief Compliance Officercontrolsince 10/2022 · owns less than 5%
- Jaime Antonio Toro Lavergne · President And Elected Managercontrolsince 02/2019 · owns less than 5%
- Jose Joaquin Torres Ramos · Principal Operations Officercontrolsince 10/2014 · owns less than 5%
- Carlos Jose Vazquez Camunas · Elected Managercontrolsince 07/1997 · owns less than 5%
Entity owners
- Popular, Inc. · Holding Companydirect · owns 75% or more · public reporting company
Related persons
Schedule D 7.A
- Banco Popular De Puerto Ricoinvestment adviserLP sponsorcustodiann
- Popular Asset Managementinvestment adviserLP sponsornRAUM $3.7B
- Popular Insurancereal estaten
Advisers that list Popular Securities, LLC as a related person
- 313653 n
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| San Juan, Pr | 53 | 4 | 0 | ||
| Mayaguez, Pr | 6 | 0 | 0 | ||
| Santurce, Pr | 5 | 1 | 0 | ||
| Guaynabo, Pr | 3 | 1 | 0 | ||
| Ponce, Pr | 2 | 0 | 0 | ||
| St Thomas, Vi | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- San Juan, PR5 employees
- Mayaguez, PR2 employees
- St. Thomas, VI2 employees
- Santurce, PR2 employees
- Manati, PR1 employees
- San Juan, PR1 employees
- Ponce, PR1 employees
What changed
consecutive filings, newest first
- Accounts · 2,624 to 2,767Jul 8, 2025 to Mar 31, 2026
- Advisory employees · 41 to 45Jul 8, 2025 to Mar 31, 2026
- BD registered reps · 67 to 66Jul 8, 2025 to Mar 31, 2026
- Corporate clients · 484 to 538Jul 8, 2025 to Mar 31, 2026
- HNW clients · 115 to 376Jul 8, 2025 to Mar 31, 2026
- Individual clients · 1,060 to 1,000Jul 8, 2025 to Mar 31, 2026
- Pension plan clients · 458 to 486Jul 8, 2025 to Mar 31, 2026
- Employees · 95 to 91Jul 8, 2025 to Mar 31, 2026
- State-registered IARs · 39 to 45Jul 8, 2025 to Mar 31, 2026
- Other offices · 7 to 8Jul 8, 2025 to Mar 31, 2026
- Discretionary RAUM · $1.6B to $2.1BJul 8, 2025 to Mar 31, 2026
- HNW RAUM · $266M to $458MJul 8, 2025 to Mar 31, 2026
- Individual RAUM · $331M to $227MJul 8, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $656M to $476MJul 8, 2025 to Mar 31, 2026
- Pension RAUM · $388M to $436MJul 8, 2025 to Mar 31, 2026
- RAUM · $2.3B to $2.6BJul 8, 2025 to Mar 31, 2026
- Wrap assets (manager) · $148M to $183MJul 8, 2025 to Mar 31, 2026
- Financial planning clients · 51-100 to 51-100Apr 11, 2025 to Jul 8, 2025
- Accounts · 2,530 to 2,624Apr 30, 2024 to Apr 11, 2025
- BD registered reps · 91 to 67Apr 30, 2024 to Apr 11, 2025
- Corporate clients · 443 to 484Apr 30, 2024 to Apr 11, 2025
- HNW clients · 103 to 115Apr 30, 2024 to Apr 11, 2025
- Individual clients · 1,047 to 1,060Apr 30, 2024 to Apr 11, 2025
- Pension plan clients · 430 to 458Apr 30, 2024 to Apr 11, 2025
- Pooled vehicle clients · 1.0 to unsetApr 30, 2024 to Apr 11, 2025
- Assets in custody · 200000000.0 to unsetApr 30, 2024 to Apr 11, 2025
- Custody of client assets · true to falseApr 30, 2024 to Apr 11, 2025
- Private funds · 1 to unsetApr 30, 2024 to Apr 11, 2025
- Discretionary RAUM · $1.6B to $1.6BApr 30, 2024 to Apr 11, 2025
- HNW RAUM · $234M to $266MApr 30, 2024 to Apr 11, 2025
- Individual RAUM · $316M to $331MApr 30, 2024 to Apr 11, 2025
- Non-discretionary RAUM · $613M to $656MApr 30, 2024 to Apr 11, 2025
- Pension RAUM · $342M to $388MApr 30, 2024 to Apr 11, 2025
- Pooled vehicle RAUM · $200M to $0Apr 30, 2024 to Apr 11, 2025
- RAUM · $2.2B to $2.3BApr 30, 2024 to Apr 11, 2025
- Wrap assets (manager) · $118M to $148MApr 30, 2024 to Apr 11, 2025
- Accounts · 2,567 to 2,530Jun 5, 2023 to Mar 27, 2024
- Advisory employees · 39 to 41Jun 5, 2023 to Mar 27, 2024
- BD registered reps · 88 to 91Jun 5, 2023 to Mar 27, 2024
- Corporate clients · 426 to 443Jun 5, 2023 to Mar 27, 2024
Signals
17 dated events
- Joel Martinez Navarro left Popular Securities, Llc for Oriental Financial Services Llc (registered 2025-05-21)Apr 9, 2025 · Advisor changed firm · fact
- Francisco Roberto Garcia Inclan (Co-Chief Compliance Officer) appeared on Schedule A of Popular Securities, LlcMar 27, 2024 · Control person joined · fact
- Luis Enrique Cestero Casanova (Elected Manager) appeared on Schedule A of Popular Securities, LlcMar 27, 2024 · Control person joined · fact
- Juan O Guerrero Preston (Elected Manager) no longer on Schedule A of Popular Securities, Llc (listed 2023-06-05, absent 2024-03-27)Mar 27, 2024 · Control person left · inference
- Raily J Diaz-Rodriguez left Popular Securities, Llc for Insigneo Advisory Services, Llc (registered 2024-08-14)Feb 9, 2024 · Advisor changed firm · fact
- Christian Del Toro left Popular Securities, Llc for Fidelity Personal And Workplace Advisors (registered 2024-03-26)Oct 23, 2023 · Advisor changed firm · fact
- Richard L Carrion (Elected Manager) no longer on Schedule A of Popular Securities, Llc (listed 2022-03-15, absent 2022-03-29)Mar 29, 2022 · Control person left · inference
- Javier David Ferrer (Elected Manager) appeared on Schedule A of Popular Securities, LlcMar 29, 2022 · Control person joined · fact
- Popular Securities, Llc reported RAUM $1.7B, down 25% from $2.3B (2020-06-26 to 2021-03-30)Mar 30, 2021 · RAUM change · derived
- Popular Securities, Llc reported RAUM $2.3B, up 114% from $1.1B (2020-02-04 to 2020-03-30)Mar 30, 2020 · RAUM change · derived
- Beatriz L Diaz Del Llano (Principal Financial Officer) appeared on Schedule A of Popular Securities, LlcMar 29, 2019 · Control person joined · fact
- Ignacio Alvarez Zatarain (Elected Manager) appeared on Schedule A of Popular Securities, LlcMar 29, 2019 · Control person joined · fact
- Kenneth William Mcgrath (Senior Managing Director) no longer on Schedule A of Popular Securities, Llc (listed 2019-01-31, absent 2019-03-29)Mar 29, 2019 · Control person left · inference
- Gregory Kaufman (President & Ceo) no longer on Schedule A of Popular Securities, Llc (listed 2019-01-31, absent 2019-03-29)Mar 29, 2019 · Control person left · inference
- Beatriz L Diaz (Cfo) no longer on Schedule A of Popular Securities, Llc (listed 2019-01-31, absent 2019-03-29)Mar 29, 2019 · Control person left · inference
- Maria T Herrera Rodriguez (Elected Manager) no longer on Schedule A of Popular Securities, Llc (listed 2019-01-31, absent 2019-03-29)Mar 29, 2019 · Control person left · inference
- Popular Securities, Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)Mar 7, 2014 · Succession (Item 4) · fact
Across DFX
shared identifiers only, never a name match
- Popular Securities, LLC · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Website
- POPULAR.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 787-758-7400reportedpublic record, Form ADV, Mar 31, 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
- $45.2Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026
Across the graphs
Popular Securities, LLC is the same institution as 1 record in Real Estate Funds.
Real Estate Funds1
Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.
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