Sierra Capital LLC logo

Sierra Capital LLC

Updated today

Client assets under management

$1,534,925,733

Clients

76

100% high-net worth

Advisors

7

of 8 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

11

Very Low

Average account size

$20,196,391

About

The firm provides advisory services to a limited number of ultra‑high net worth individuals, institutions, and charitable organizations, delivering integrated family advisory services, portfolio management, manager selection, financial planning, and consolidated performance reporting. The brochure discloses that Sierra Capital actively managed about $1.54 billion of discretionary assets and $68.4 million of non‑discretionary assets as of 12/31/2025 and generally requires a $10 million account minimum.

Sierra Capital describes a manager‑of‑managers approach that emphasizes asset allocation, rigorous selection and monitoring of third‑party managers, and construction of client investment policy statements; portfolios may include a wide range of instruments (including foreign issuers, hedge funds, private equity, structured products, options, and margin). The firm offers both discretionary and non‑discretionary mandates and discloses that it can arrange performance‑based fee arrangements with clients (documented via side letters and calculated on gains net of flows) alongside standard AUM fees.

Notable differences from many peers include its high AUM relative to the size of the advisory team (AUM per advisor exceeds $200 million), explicit client relationships with banking and insurance institutions, and the firm’s role as general partner for named late‑stage venture funds to which client allocations may be offered. The brochure also emphasizes the firm’s international investment capabilities (use of foreign issuers and staff experience across global markets) and its formalized performance reporting and fee‑arrangement disclosures, each of which are less common among similar team‑based advisers.

Client services

Financial planning Portfolio management Selection of other advisers Newsletters or periodicals

Expertise

Options & derivatives strategies Private / alternative investments Concentrated stock management Wealth management

Occupation focus

Founder/Business Owner Executive

Fee options

Fixed

Fixed flat fees available, negotiable on a client-by-client basis

Percentage

$0 - $5,000,000: 1.25% $5,000,000 - $10,000,000: 0.85% $10,000,000 - $25,000,000: 0.75% $25,000,000 - $50,000,000: 0.65% $50,000,000+: 0.55%

Performance-based

Performance-based fees charged on a percentage of gains net of flows, subject to client agreement and minimum account size

Other

Account minimum: $10,000,000 Fee-only: Fixed flat fees available, negotiable on a client-by-client basis

Main office location

Sierra Capital LLC

600 Brickell Avenue, Ste. 2020

Miami FL 33131, United States

Number of offices

1

Most active in

California · Colorado · Connecticut · Florida · New York · Texas · Wyoming

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Norman C

Series 65

Miami, FL

Sierra Capital LLC

Norman Chamorro is a financial advisor at Sierra Capital LLC in Miami, FL, holding a Series 65 designation with four years of industry experience. He has been with Sierra Capital since 2015, including a prior period between 2015 and the present, and worked at Pangea Asesores LLC from 2019 to 2021. Sierra Capital provides advisory services to ultra-high net worth individuals, trusts, pension and profit-sharing plans, charitable organizations, corporations, and institutional clients, including banking and insurance companies. The firm uses a manager-of-managers approach with a focus on asset allocation, employing a broad range of instruments and strategies to implement client investment policies.

Options & derivatives strategies Private / alternative investments Concentrated stock management Wealth management Founder/Business Owner Executive
user avatar

Zev Z

CFA®, Series 63

Miami, FL

Sierra Capital LLC

Zev Zaretsky is a CFA® charterholder and holds a Series 63 license, with one year of industry experience. He has worked at Sierra Capital Partners since 2021 and previously held roles at Seacoast National Bank and Macquarie Capital (USA) Inc. Sierra Capital LLC serves ultra-high net worth individuals, trusts, pension and profit-sharing plans, charitable organizations, corporations, and institutional clients. The firm employs a manager-of-managers investment approach, utilizing a diverse range of strategies and instruments to implement client policies.

Options & derivatives strategies Private / alternative investments Concentrated stock management Wealth management Founder/Business Owner Executive
user avatar

Kevin H

Series 63, Series 65

Miami, FL

Sierra Capital LLC

Kevin Hernandez is a financial advisor at Sierra Capital LLC with four years of industry experience. He holds Series 63 and Series 65 licenses and has worked at Sierra Capital in two separate periods totaling ten years, with a one-year tenure at Afar Capital in between. Sierra Capital provides advisory services to ultra-high net worth individuals, trusts, pension and profit-sharing plans, charitable organizations, corporations, and institutional clients, including banking and insurance companies. The firm employs a manager-of-managers approach with an emphasis on asset allocation, utilizing a broad range of investment instruments and strategies to implement client policies.

Options & derivatives strategies Private / alternative investments Concentrated stock management Wealth management Founder/Business Owner Executive
user avatar

Carlos P

Series 63, Series 65

Miami, FL

Sierra Capital LLC

Carlos Pedroso is a financial advisor at Sierra Capital LLC in Miami, FL, with six years of industry experience. He holds Series 63 and Series 65 licenses and previously worked at Pangea Asesores LLC from 2019 to 2021. Sierra Capital provides advisory services to ultra-high net worth individuals, trusts, pension and profit-sharing plans, charitable organizations, corporations, and institutional clients, including banking and insurance companies. The firm employs an asset allocation and manager-of-managers approach, using a broad set of instruments and strategies to implement client investment policies.

Options & derivatives strategies Private / alternative investments Concentrated stock management Wealth management Founder/Business Owner Executive
user avatar

Maria Teresa F

Series 65

Miami, FL

Sierra Capital LLC

Maria Teresa Felix Cubero is a financial advisor at Sierra Capital LLC in Miami, FL, holding a Series 65 designation with three years of industry experience. Her background includes roles at International Finance Bank and Sabadell Bank, as well as academic experience at Universidad de Valencia and the University of North Carolina. She also pursued full-time education, completing an MBA and studying for the CFA exam. Sierra Capital provides advisory services to ultra-high net worth individuals, institutions, and corporate clients, employing a manager-of-managers approach that incorporates diverse investment strategies and asset classes. The firm manages approximately $1.5 billion in client assets and has expertise in international and Latin American capital markets.

Options & derivatives strategies Private / alternative investments Concentrated stock management Wealth management Founder/Business Owner Executive
user avatar

Rafael D

Series 63, Series 65

Miami, FL

Sierra Capital LLC

Rafael Delasierra III is a financial advisor at Sierra Capital LLC with eight years of industry experience. He holds Series 63 and Series 65 licenses and previously worked at Pangea Asesores LLC from 2019 to 2021. He has been associated with Sierra Capital since 1998. Sierra Capital provides advisory services to ultra-high net worth individuals, trusts, pension and profit-sharing plans, charitable organizations, corporations, and institutional clients, including banking and insurance companies. The firm employs a manager-of-managers approach and emphasizes asset allocation, using a broad range of instruments and strategies to implement investment policies.

Options & derivatives strategies Private / alternative investments Concentrated stock management Wealth management Founder/Business Owner Executive
user avatar

Charles F

CFA®, Series 66

Miami, FL

Sierra Capital LLC

Charles Flynn is a CFA® charterholder and holds a Series 66 license with eight years of industry experience. He has worked at Sierra Capital LLC since 2021 and previously spent five years with UBS Financial Services Inc. in various roles. Sierra Capital serves ultra-high net worth individuals, trusts, pension and profit-sharing plans, charitable organizations, corporations, and institutional clients, including banking and insurance companies. The firm uses a manager-of-managers approach and a broad range of investment strategies to implement client policies, managing approximately $1.5 billion in assets with a notable focus on international and Latin American capital markets.

Options & derivatives strategies Private / alternative investments Concentrated stock management Wealth management Founder/Business Owner Executive
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