Overview
Item 5 – Additional Compensation ........................................................................................... 20
Item 6 – Supervision ....................................................................................................................... 21
Form ADV Part 2B Brochure Supplement(s)
V. Delima Investments Inc (hereinafter referred to as “VDI” or the “Firm”) is an
investment adviser registered with the U.S. Securities and Exchange Commission.
VDI became a registered investment adviser and commenced active business
operations in 2020. VDI is a corporation in Florida. Vivian Augusto de Lima
Giuliani is the sole owner of VDI. Ms. Giuliani also serves as VDI’s President, Chief
Compliance Officer, and sole investment adviser representative.
VDI offers the following investment advisory services, personalized for each
client:
Discretionary Investment Management Services
VDI offers personalized discretionary investment management services to its
clients. These services will involve detailed consultations with the client to
formulate customized investment objectives and criteria. Clients are asked to
provide VDI with specific information concerning their current financial status
and holdings, investment objectives, risk tolerance, and time horizon. VDI will
also inquire about any restrictions the client wishes to impose on managing the
accounts.
VDI will formulate an investment strategy and asset allocation based on
discussions with the client and the information provided by the client that VDI
believes is suitable for the client. VDI will then manage the client’s portfolio in a
way consistent with the client’s investment objectives.
Periodically, VDI will conduct follow-up consultations with each discretionary
client, review investment objectives and account performance, and agree with the
client on any adjustments to the client’s investment objectives that the client may
determine to be appropriate.
VDI used to have an agreement with Credit Agricole Corporate and Investment
Bank Miami d/b/a CA Indosuez Wealth (Miami) (“CA Indosuez”), pursuant to
which VDI may refer its advisory clients to CA Indosuez for brokerage and custody
services. This contract was assigned to Bank Santander International – “BSI “due
to a sale of ‘CA Indosuez “to “BSI”. “BSI” will also assist VDI with formulating
investment strategies and asset allocations for VDI’s clients that maintain a
relationship with “BSI”, though VDI is ultimately responsible for communicating
the investment proposal to the
clients and management of the clients’ account at
“BSI”, including directing the execution of securities trades on behalf of the clients.
Clients of VDI that are referred to “BSI” and become clients of “BSI are not charged
advisory fees by VDI. Instead, these clients will pay “BSI” for the advisory, custody
and brokerage services provided by “BSI”. VDI is compensated by “BSI” in the
form of a fixed quarterly fee.
VDI will also offer discretionary investment management services to clients that
are not also clients, or do not wish to be clients, of “BSI”. VDI will not offer custody
services to its clients. These clients will be charged the advisory fees detailed in
Item 5 below.
Non-Discretionary Investment Management Services
VDI also offers non-discretionary investment advisory services to its clients. As
with discretionary accounts, clients are asked to provide VDI with information
regarding their financial profile and any restrictions the client wishes to impose
on managing the accounts. For non-discretionary accounts, VDI will recommend
an investment strategy, allocation mix, or changes to the client's existing portfolio
that VDI believes suits that client. VDI will make recommendations to the client
on an ongoing basis based on the client's financial and investment profile. VDI will
implement the approved securities transaction if the client approves the
recommendation. VDI will not offer custody services to its clients.
As with discretionary accounts, VDI will be compensated by “BSI” if the client is
referred to “BSI” by VDI. Clients not referred to “BSI” will be charged the advisory
fees detailed in Item 5 below.
Types of Investments
Generally, the Firm will provide investment advice with respect to the following
types of securities and products:
• Exchange listed securities
• Securities traded over the counter.
• Securities issued by foreign issuers, including foreign sovereign debt
instruments and emerging market securities.
• Corporate debt securities, including commercial paper.
• U.S. government securities
• Certificates of deposit
• Options contracts on securities
• Commodities and derivatives
• Structured notes
Wrap Fee Programs
VDI does not sponsor, manage, or participate in wrap-fee programs.
Assets Under Management
VDI is an investment advisory firm. VDI currently serves a limited number of
clients with assets under management of over $100,000,000 on a non-
discretionary and discretionary basis.