Alveo Wealth Management, LLC (hereinafter “Alveo” or the “firm”) is a registered investment adviser based in
Mexico City, Mexico. We are a limited liability company under the laws of the State of Florida. We have been
registered as an investment adviser since 2013. AREG, LLC is the sole owner of Alveo. Arturo A. Barragan is the
Managing Member and sole owner of AREG, LLC. Marian Stupka is the Chief Compliance Officer of Alveo.
You may see the term, Associated Person, used throughout this Brochure. As used in this Brochure, this term
refers to anyone from our firm who is an officer, employee, and all individuals providing investment advice on
behalf of our firm. Where required, such persons are properly registered as investment adviser representatives.
Portfolio Management Services
Our firm offers discretionary and non-discretionary portfolio management services to our clients. Discretionary
portfolio management means we will make investment decisions and place buy or sell orders in your account
without contacting you. These decisions would be made based upon your stated investment objectives. Non-
discretionary portfolio management service means that we must obtain your approval prior to making any
transactions in your account.
Our investment advice is tailored to meet our clients’ needs and investment objectives. If you decide to hire our
firm to manage your portfolio, we will meet with you to gather your financial information, determine your
goals, and decide how much risk you should take in your investments. The information we gather will help us
implement an asset allocation strategy that will be specific to your goals, whether we are actively investing for
you or simply providing you with advice.
Alveo mainly uses domestic and international equity securities, corporate debt securities, municipal debt
securities, certificates of deposit, exchange traded funds, mutual funds, closed end funds, U.S. government
securities and options in its portfolio management programs.
We will monitor your portfolio’s performance on a continuous basis, and rebalance the portfolio whenever
necessary, as changes occur in market conditions, your financial circumstances, or both.
We recommend that you
review the statement(s) you receive from the qualified custodian. Please call our
office number, located on the cover page of this brochure, if you have any questions about your statement.
Recommendation of Third-party advisers
We recommend other third-party advisers or programs to manage all or a portion of our clients’ accounts. All
third-party advisers recommended by our firm must either be registered as investment advisers or exempt
from registration requirements. Factors that we take into consideration when making our recommendations
include, but are not limited to, the following: the third-party adviser’s performance, methods of analysis, fees,
your financial needs, investment goals, risk tolerance, and investment objectives. We will periodically monitor
the third-party adviser’s performance to ensure its management and investment style remains aligned with
your investment goals and objectives.
The third-party adviser may offer wrapped or non-wrapped pricing options. Wrap pricing structures allow the
Client to pay an all-inclusive fee for management, brokerage, clearance, custody, and administrative services. In
a non-wrap pricing structure, the third-party adviser’s fee may be separate from the advisory fee charged by
Alveo. Transaction costs may also be charged for the execution and clearance of advisory transactions directed
by such third-party investment advisory services. A complete description of the programs and services
provided, the amount of total fees, the payment structure, termination provisions and other aspects of each
program are detailed and disclosed in: i) the third party adviser’s Form ADV Part 2A; ii) the program wrap
brochure (if applicable) or other applicable disclosure documents; iii) the disclosure documents of the portfolio
manager(s) selected; or, iv) the third party adviser’s account opening documents. A copy of all relevant
disclosure documents of the third-party adviser and of the individual portfolio manager(s) will be provided to
anyone interested in these programs/managers.
Assets Under Management
As of December 31, 2023, we have discretionary assets under management of $5,531,161, and non-
discretionary assets under management of $1,361,577.