Cathy Pareto And Associates, Inc. (Coral Gables)

Name: Cathy Pareto And Associates, Inc.
Address: 2030 South Douglas Road, Coral Gables, FL, 33134
Telephone: 305-648-9814

Cathy Pareto And Associates, Inc. is a large advisory firm based in Coral Gables. It manages $122.92 million of regulatory assets for 419 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Florida and Texas.

Cathy Pareto And Associates provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cathy Pareto And Associates: assets under management

The assets under management (AUM) of Cathy Pareto And Associates, Inc. is $122.92 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 299% since the beginning of its operation, and $633.31 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $122.92 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $293.36 thousand each.

Cathy Pareto And Associates has custody of $122.92 million in cash and securities for 160 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 87% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio. Investments in investment grade corporate bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cathy Pareto And Associates, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Catherina Marlene Pareto serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Catherina Marlene Pareto is high net worth individuals with 37 clients and $77.24 million of assets under management. Among the 7 most similar advisory firms, Cathy Pareto And Associates has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $122.92 million for 160 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Cathy Pareto And Associates doesn't advise any private funds.

Careers at Cathy Pareto And Associates, Inc.

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Catherina Marlene Pareto	President/chief compliance officer	1 Nov 2007	75% - 100%	4623442

Based in Coral Gables

The principal office where Cathy Pareto And Associates, Inc. performs its advisory services is located at 2030 South Douglas Road, Coral Gables, FL 33134, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 305-648-9814 or by fax 305-675-7652. The normal business hours are 9:00am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at cathypareto.com.