Important information
Below is a summary of the principal disclosures that apply to our relationship with you. Complete disclosure documents are linked or available on request.
Fortuna Private Wealth, LLC (“Fortuna,” “we,” or “the firm”) is an investment adviser registered with the relevant securities regulator(s). Registration as an investment adviser does not imply any particular level of skill or training and is not an endorsement of the firm by the SEC or any state securities regulator.
Past performance is not indicative of future results. All investments involve risk, including the possible loss of principal. Diversification does not guarantee a profit or protect against loss in declining markets. Any forward-looking statements on this website are subject to assumptions and uncertainties and may not occur as expected.
Form ADV is the uniform form used by investment advisers to register with the SEC and state securities authorities. Part 2A (the firm brochure) describes our advisory business, fees, conflicts of interest, disciplinary history (if any), and other important information. Part 2B describes the background, education, and business experience of each supervised person who provides advisory services to clients.
Our current Form ADV Part 2A brochure and the relevant Part 2B supplements are available without charge by emailing compliance@fortunaprivatewealth.com or by writing to the Brickell office address listed below. A copy will also be delivered to each prospective client before or at the time of entering into an advisory agreement.
The firm’s registration record can be searched on the SEC’s Investment Adviser Public Disclosure website at adviserinfo.sec.gov.
Form CRS is a short, plain-English summary of the relationship a retail investor would have with our firm. It describes the services we offer, the fees and costs you would pay, the conflicts of interest we have, our disciplinary history (if any), and questions you should ask us. A current copy of our Form CRS is available on request and will be delivered before or at the time we enter into an advisory relationship with a retail investor.
As a registered investment adviser, Fortuna is a fiduciary to its clients under the Investment Advisers Act of 1940. We owe each client a duty of care and a duty of loyalty — including the obligation to act in the client’s best interest, to provide advice that is suitable to the client’s objectives, to seek best execution of transactions, and to make full and fair disclosure of all material facts relating to the advisory relationship, including material conflicts of interest.
We are a fee-only adviser. Our compensation comes solely from advisory fees paid by our clients in accordance with the written Investment Advisory Agreement and the fee schedule disclosed in Item 5 of our Form ADV Part 2A. We do not accept commissions, sales loads, 12b-1 fees, soft-dollar arrangements, or referral compensation in connection with the products or managers we recommend.
Although our fee-only structure removes many product-driven conflicts, some inherent conflicts remain in any advisory business (for example, the incentive that an asset-based fee creates to recommend asset accumulation over debt reduction). These conflicts are disclosed in our Form ADV Part 2A, and we mitigate them through our written policies, our fiduciary process, and our compliance program.
Fortuna does not maintain physical custody of client assets. Client assets are held at one or more independent, qualified custodians. Clients receive account statements directly from the custodian no less than quarterly and are urged to compare those statements against any reports they receive from Fortuna.
We collect nonpublic personal information about our clients only as necessary to provide advisory services. This information may include identifying information, financial information, investment objectives, and information about transactions in client accounts.
We do not sell client information. We share nonpublic personal information with non-affiliated third parties only as permitted or required by law — for example, with custodians, service providers, accountants, and counsel who need the information to provide services to the client, and in response to lawful regulatory or legal process.
We maintain physical, electronic, and procedural safeguards designed to protect client information, including access controls, encryption in transit and at rest where practicable, vendor due diligence, and ongoing employee training. Our full Privacy Notice is provided at the start of the advisory relationship and at least annually thereafter, and is available on request.
Fortuna maintains a written business continuity plan designed to address responses to events that may significantly disrupt our operations. Because the timing and impact of disasters and disruptions are unpredictable, we have built our plan to be flexible. Key features include remote-work capability for all advisory personnel, redundant cloud-based recordkeeping with encrypted backups, alternate communications channels with clients and custodians, and prearranged contact procedures with critical vendors. A full summary is available on request.
Our policy with respect to proxy voting is described in Item 17 of our Form ADV Part 2A. Clients may obtain a copy of our proxy voting policies and procedures, and information about how we voted proxies on their behalf, by request.
We maintain a written information security program designed to protect the confidentiality, integrity, and availability of client information. The program addresses access controls, multi-factor authentication, encryption, vendor management, phishing awareness, and incident response. We periodically test the program and update it as threats evolve.
Any client testimonials, endorsements, or third-party ratings that appear in our materials (whether on this website, in printed materials, or in advertisements) are presented in accordance with Rule 206(4)-1 under the Investment Advisers Act of 1940 (the “Marketing Rule”), including the required disclosures regarding whether the person providing the testimonial or endorsement is a client and whether cash or non-cash compensation was provided in connection with the testimonial or endorsement.
Information on this website is intended only for residents of jurisdictions in which Fortuna is properly registered or otherwise permitted to provide investment advisory services. The presence of information on this website does not constitute an offer to provide advisory services in any jurisdiction in which such an offer would be unlawful.
Questions or concerns about any of the matters described on this page may be directed to our Chief Compliance Officer at compliance@fortunaprivatewealth.com or by mail to the Brickell office address below.
Last updated: . This page is a summary; in the event of any inconsistency between this page and our Form ADV, Form CRS, Privacy Notice, or Investment Advisory Agreement, those documents control.