Carma Advisory Societa Di Consulenza Finanziaria Srl (Mosciano Sant'angelo (Te))

Name: Carma Advisory Societa Di Consulenza Finanziaria Srl
Address: Viale Europa 23 C/O Blu Business Palace, Mosciano Sant'angelo (Te), 64023
Telephone: 0039 085 9943195

Carma Advisory Societa Di Consulenza Finanziaria Srl is an adviser based in Mosciano Sant'angelo (Te). It manages $559.09 thousand of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2017.

Carma Advisory Societa Di Consulenza Finanziaria Srl provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and signal provider services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Carma Advisory Societa Di Consulenza Finanziaria Srl: assets under management

The assets under management (AUM) of Carma Advisory Societa Di Consulenza Finanziaria Srl is $559.09 thousand, all of which is managed in discretionary accounts. The firm's AUM has gone down by -36% since the beginning of its operation, and $559.09 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $559.09 thousand in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $93.18 thousand each.

Investments

The firm invests in cash and cash equivalents the most. They account for 70% of the total AUM. The second-largest asset type is exchange traded securities, which make up 30% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Carma Advisory Societa Di Consulenza Finanziaria Srl for their services and products based on a percentage of assets under management and performance-based 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 Alessandro Cocciola serves?

The firm provides services to individuals and corporations or other businesses. The largest group of clients of Alessandro Cocciola is individuals with 4 clients and $518.65 thousand of assets under management. Among the 2 most similar advisory firms, Carma Advisory Societa Di Consulenza Finanziaria Srl has the lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $559.09 thousand for 5 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 100% of the firm’s clients are foreign persons or businesses.

Carma Advisory Societa Di Consulenza Finanziaria Srl doesn't advise any private funds.

Careers at Carma Advisory Societa Di Consulenza Finanziaria Srl

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. No 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.

Alessandro Cocciola has been acting as President since 1 Feb 2013. Francesco Cocciola joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Alessandro Cocciola	Director/chief compliance officer	1 Feb 2013	50% - 75%	6767465
Francesco Cocciola	Shareholder	1 Feb 2013	Other	6769182
Sandra Damiani	Shareholder	1 Feb 2013	Other	6769184

Based in Mosciano Sant'angelo (Te)

The principal office where Carma Advisory Societa Di Consulenza Finanziaria Srl performs its advisory services is located at Viale Europa 23 C/O Blu Business Palace, Mosciano Sant'angelo (Te), 64023, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 0039 085 9943195. The normal business hours are 8:30am - 6pm on Monday - Friday. You can find more information about the New York firm at carmaadvisory.com.