Miramontes Capital, LLC
Form CRS – Client Relationship Summary January 2022
Form CRS Relationship Summary Page 1 Miramontes Capital, LLC
Our firm, Miramontes Capital, LLC is an investment adviser registered with the Securities and Exchange Commission.
We feel that it is important for you to understand how advisory and brokerage services and fees differ in order to
determine which type of account is right for you. There are free and simple tools available to research firms and
financial professionals at www.investor.gov/CRS, which also provides educational materials about investment
advisers, broker-dealers, and investing.
What investment services and advice can you provide me?
We are a registered investment adviser that offers investment advisory services to retail investors for an ongoing
asset-based fee. Our advisory services to retail clients include Wrap Comprehensive Portfolio Management Nummata
Robo-Asset Management. If you open an advisory account with our firm, we’ll meet with you to understand your
current financial situation, existing resources, goals, and risk tolerance. Based on what we learn, we’ll recommend a
portfolio of investments that is monitored at least quarterly, and if necessary, rebalanced to meet your changing
needs, stated goals and objectives. We’ll offer you advice on a regular basis and contact you at least quarterly to
discuss your portfolio.
Financial planning is included in our Comprehensive Portfolio Management and is also offered as a separate service
for an additional flat and/or hourly fee.
We manage accounts on a non-discretionary basis. After you sign an agreement with our firm, we’re only allowed to
buy and sell investments in your account after receiving your permission. You make the ultimate decision regarding
the purchase or sale of investments.
We do not restrict our advice to limited types of products or investments.
Our firm requires a minimum account balance of $75,000 to open and maintain an account for our Comprehensive
Portfolio Management service.
Additional information about our advisory services is located in Item 4 of our Wrap Brochure, which is available online
What fees will I pay?
You will be charged an ongoing monthly fee based on the value of the investments in your account. Our maximum
annual fee is 1.15%. Our fees vary and are negotiable. The amount you pay will depend, for example, on the services
you receive and the amount of assets in your account. The more assets you have in your advisory account, the more
you will pay us. We therefore have an incentive to increase the assets in your advisory account in order to increase
our fees. Our firm’s fees will be automatically deducted from your advisory account, which will reduce the value of
your advisory account. In rare cases, our firm will agree to send you invoices rather than automatically deduct our
firm’s fees from your advisory account.
The broker-dealer that holds your assets charges a transaction fee when we buy or sell certain investment products
for you. We pay the broker-dealer’s transaction fees charged to you for our Wrap Comprehensive Portfolio
Management services. The fees for our wrap fee programs are therefore higher than a typical asset-based advisory
fee. You may also pay charges imposed by the broker-dealer holding your accounts for certain investments and
maintaining your account. Some investments, such as mutual funds, exchange traded funds, and variable annuities,
charge additional fees that will reduce the value of your investments over time.
You will pay fees and costs whether you make or lose money on your investments. Fees and costs will reduce any
amount of money you make on your investments over time. Please make sure you understand what fees and costs
you are paying.
Additional information about our fees is located in Item 4 of our Wrap Brochure, which is available online at
Miramontes Capital, LLC
Form CRS – Client Relationship Summary January 2022
Form CRS Relationship Summary Page 2 Miramontes Capital, LLC
What are your legal obligations to me when acting as my investment adviser? How else does your firm
make money and what conflicts of interest do you have?
When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours.
At the same time, the way we make money creates some conflicts with your interests. You should understand and
ask us about these conflicts because they can affect the investment advice, we provide you. Here are some examples
to help you understand what this means:
Our firm’s financial professionals are registered representatives of Saxony Securities Inc. (Saxony), an unaffiliated
broker-dealer. They charge a transaction-based fee, commonly referred to as a commission, each time they buy or
sell a security in a brokerage account. As a result, they have an incentive to trade as much as possible in order to
increase their compensation.
Our firm’s related persons also own All Inclusive Insurance, of which some of our IARs are also Insurance Agents. As
such, they may offer insurance products and receive customary fees as a result of insurance sales. A conflict of interest
may arise as these insurance sales may create an incentive to recommend products based on the compensation
For our wrap service, we pay the broker-dealer’s transaction fees charged to you for most types of assets except for
U.S. listed equities and exchange traded funds. As a result, we have an incentive to recommend U.S. listed equities
and exchange traded funds in order to reduce the amount of the broker-dealer’s transaction fees that we will have to
pay on your behalf.
Additional information about our conflicts of interest is located in Item 9 of our Wrap Brochure, which is available online
How do your financial professionals make money?
Our financial professionals are compensated based on the revenue our firm earns from their advisory services or
recommendations, the amount of client assets they service, and the time and complexity required to meet a client’s
needs. Additionally, our representatives earn commissions when selling insurance or brokerage products to you
through their affiliations with Saxony and All Inclusive Insurance.
Do you or your financial professionals have legal or disciplinary history?
Yes, our financial professionals have legal and disciplinary history. Visit Investor.gov/CRS for a free and simple search
tool to research our firm and our financial professionals.
You can find additional information about our firm’s investment advisory services on the SEC’s website at
www.adviserinfo.sec.gov by searching CRD #265786. You may also contact our firm at 1-800-460-1595 to request a
copy of this relationship summary and other up-to-date information.
Questions to Ask Us:
• Given my financial situation, should I choose an investment advisory service? Why or why not?
• How will you choose investments to recommend to me?
• What is your relevant experience, including your licenses, education and other qualifications?
• How might your conflicts of interest affect me, and how will you address them?
• As a financial professional, do you have any disciplinary history? For what kind of conduct?
• Help me understand how fees and costs may affect my investments. If I give you $10,000 to invest, how
much will go to fees and costs and how much will be invested for me?
• Who is my primary contact person?
• Is he or she a representative of an investment adviser or a broker-dealer?
• Who can I talk to if I have concerns about how this person is treating me?