Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
12 advisors
Number of Clients
337 clients
Average Client Portfolio
$344K average
Assets Under Management
$116.0M

Fee Structure

Minimum Investment:$100K
AUM-Based Fees (Tiered)
Assets Under ManagementAnnual Fee
Up to $500K2.75%
$500K - $1.0M2.75%
$1.0M - $5.0M2.50%
$5M+2.25%

Fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee

PRAG charges an annual wrap fee based on the assets in the account. The fee covers the cost of the portfolio manager, platform fees, transaction costs, and the advisor fee. The annual management wrap fees will not exceed the rates listed in the table above. Minimum fees on wrap-fee programs vary depending on the specific Program and Sub-Manager with ranges typically between $100-$500 annually. All fees may be subject to negotiation.

Areas of Practice
Investment ManagementFinancial Planning & CoachingRetirement PlanningHigh Net Worth
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Advisor Information

Office location

4000 Ponce De Leon Blvd Ste 670, Coral Gables, FL, 33146

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Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business Activities

Ricardo is an Executive Director at Solfin Casa De Bolsa, a Venezuelan Securities Brokerage Firm, since 2003. He spends about 10-20% of his time supervising accounting and administrative duties.

Employment History
Current Registrations
Portfolio Resources Advisor Group, INC.
August 2021 - Present · 4 yrs 5 mos
Previous Registrations
Portfolio Resources Group, INC.Broker
June 2016 - August 2021 · 5 yrs 2 mos
State Registrations2 states
FLTX
Advisor
Exams
No exam information available for this advisor.