Marcelo Borrelli

Employer firm

Insigneo Advisory Services, LLC CRD 282589

$5.16B regulatory AUM

Reported services (Item 5G)

Portfolio management (individuals)
Portfolio management (pooled vehicles)
Portfolio management (institutions)
Selection of other advisers
CONSOLIDATION REPORTING AND CONSULTING SERVICES

From the firm’s Form ADV. Read the guides:

Current Employers

Insigneo Advisory Services, Llc

1221 Brickell Avenue 27Th Floor, Miami, FL 33131 • United States

Current Registrations

Authority	Category	Status	Date
VI	RA	APPROVED	2025-12-12
FL	RA	APPROVED	2020-10-06

VI RA
APPROVED

Since 2025-12-12
FL RA
APPROVED

Since 2020-10-06

Branch Locations

Miami, FL • United States

1221 Brickell Avenue 27Th Floor, Miami, FL 33131 • United States

Disclosures

1 disclosure category reported Yes on this SEC record. Read each Yes below, then review the firm’s Form ADV Item 11 guide for how disclosure questions work.

Regulatory action No
Criminal No
Bankruptcy No
Civil judicial No
Bond No
Judgment / lien No
Investigation No
Customer complaint No
Termination Yes

Employment History

Organization	City	State	From	To
Andbanc Brokerage Llc	Miami	FL	07/2016	09/2020
Insigneo Securities Llc	Miami	FL	09/2020	Present
Insigneo Advisory Services Llc	Miami	FL	09/2020	Present

07/2016 → 09/2020

Andbanc Brokerage Llc

Miami, FL
09/2020 → Present

Insigneo Securities Llc

Miami, FL
09/2020 → Present

Insigneo Advisory Services Llc

Miami, FL

Previous Registrations

2016-10-19 → 2020-09-30

Andbanc Advisory Llc

Miami, FL
2009-06-01 → 2016-06-02

Morgan Stanley

Miami, FL
2003-02-11 → 2009-06-01

Citigroup Global Markets Inc.

Miami, FL

Miami, FL
1999-05-24 → 2003-02-13

Morgan Stanley Dw Inc.

Miami , FL

Other Businesses

-Insigneo Advisory Services LLC: Dually registered with affiliate as Investment Adviser in order to conduct advisory business. -Borrelli Capital Management: DBA branding name to conduct investment related business through Insigneo Securities and Insigneo Advisory Services -Real Estate Sales License (FL). Investment related / Address: 6741 SW 24th St, Ste 55, Miami, FL 33155 / Nature: Real Estate through CRS Real Estate Consultants LLC (FL) / Position: Realtor / Start date 02/04/2021 / Devote to the business: 30 hrs/month. Devote to the business during securities trading hours: none. / Duties: Buy, sell or lease residential real estate. ---- -Borrelli Capital Management LLC No investment related_ Address: Miami, Florida_ Nature: Borrelli Capital Management LLC is a separate legal entity organized as a limited liability company and is utilized exclusively for tax and pass through purposes, does not conduct securities or investment advisory business, it is not registered as a broker-dealer or investment adviser and does not offer or provide investment-related products or services_ Position: Owner_ Start date: 04/2026_ Devoted: 2 hrs/month and 2 hrs/month during securities trading hours_ Duties: Managing member