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Uyana Partners LLC
1450 Brickell Avenue, Suite 2130
Miami, FL 33133
Phone 786-238-4314
compliance@uyanapartners.com
This Brochure provides information about the qualifications and business practices
of Uyana Partners LLC. If you have any questions about the contents of this
Brochure, please contact us at 786-238-4314 and/or by email at
compliance@uyanapartners.com.
The information in this Brochure has not been approved or verified by the United
States Securities and Exchange Commission (“SEC”) or by any state securities
authority.
Registration of an Investment Firm does not imply any level of skill or training.
The oral and written communications of a Firm provide you with information
about which you determine to hire or retain a Firm.
Additional information about Uyana Partners LLC also is available on the SEC’s
website at www.adviserinfo.sec.gov.
⮚ Item 1 – Cover Page
Date of Supplement: April 2026
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⮚ Item 2 – Material Changes
In this section, we are required to describe material changes that occurred since
the prior Brochure. The following material change has been made since the
issuance of the previous Brochure dated February 2026:
• Various sections of the Brochure have been updated to reflect a new
contact as the Uyana Partners LLC has appointed a new Chief Compliance
Officer (“CCO”). Specifically, effective April 1, 2026, Samantha Santiago
serves as the Adviser’s CCO
You will receive a summary of any materials changes to this and subsequent
Brochures within 120 days of the close of our business’ fiscal year, which is
December 31 of each year. We will further provide you with a new Brochure as
necessary based on material changes or new information, at any time, without
charge. Currently, our Brochure may be requested by contacting us at 786-238-
4314 and/or by email at scompliance@uyanapartners.com.
Additional information about Uyana Partners LLC is also available via the SEC’s
web site at www.adviserinfo.sec.gov. The SEC’s web site also provides information
about any persons affiliated with Uyana Partners LLC who are registered, or are
required to be registered, as Investment Firm Representatives (“IARs”) of Uyana
Partners LLC.
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⮚ Item 3 - Table of Contents
⮚
Item 1 – Cover Page .......................................................................................................................... 1
⮚
Item 2 – Material Changes ............................................................................................................ 2
⮚
Item 3 - Table of Contents ............................................................................................................ 3
⮚
Item 4 – Advisory Business .......................................................................................................... 4
⮚
Item 5 – Fees and Compensation ............................................................................................. 6
⮚
Item 6 - Performance-Based Fees and side-by-side management .................... 8
⮚
Item 7 - Types of Clients ................................................................................................................ 8
⮚
Item 8 - Methods of Analysis, Investment Strategies and Risk of Loss .......... 8
⮚
Item 9 - Disciplinary Information ............................................................................................ 10
⮚
Item 10 - Other Financial Industry Activities and Affiliations ............................... 11
⮚
Item 11 - Code of Ethics ................................................................................................................ 11
⮚
Item 12 - Brokerage Practices .................................................................................................. 12
⮚
Item 13 - Review of Accounts ............................................................................................. 1213
⮚
Item 14 - Client Referrals and Other Compensation .................................................. 13
⮚
Item 15 - Custody .............................................................................................................................. 13
⮚
Item 16 - Investment Discretion .............................................................................................. 14
⮚
Item 17 - Voting Client Securities ........................................................................................... 14
⮚
Item 18 - Financial Information ................................................................................................ 14
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⮚ Item 4 – Advisory Business
General
Uyana Partners LLC is a Limited Liability Company organized in the state
of Delaware. This Firm has been in business since 2018, and is primarily
owned by Felipe Chediak Bueno.
Uyana Partners LLC (hereinafter “Uyana Partners”, the “Adviser” or the “Firm”)
offers the following services to advisory clients:
Investment Supervisory Services
Uyana Partners offers ongoing portfolio management services based on the
individual goals, objectives, time horizon, and risk tolerance of each client. Uyana
Partners creates an Investment Profile and Risk Profile for each client, which
outlines the client’s current situation (income, tax levels, and risk tolerance
levels) and then constructs a plan to aid in the selection of a portfolio that
matches each client’s specific situation. Investment Supervisory Services
include, but are not limited to, the following:
• Personal investment policy
• Asset selection
• Regular portfolio monitoring
⮚ Investment strategy
⮚ Asset allocation
⮚ Risk tolerance
Uyana Partners evaluates the current investments of each client with respect to
their risk tolerance levels and time horizon. Risk tolerance levels are documented
in the Investment Policy Statement, which is given to each client.
Uyana Partners will generally select third-party portfolio managers to manage
client assets; however, Uyana Partners will also directly manage assets on behalf
of its clients.
Financial Planning
Financial plans and financial planning may include, but are not limited to:
investment planning, life insurance; tax concerns; retirement planning; college
planning; and debt/credit planning. These services are included in Uyana
Partners’ advisory services.
limits
Services Limited to Specific Types of Investments
investment advice and/or money
its
Uyana Partners generally
management to investments in the Assets in ordinary banking investment
instruments, according to the definition and context of the Guidelines.
Investments may include securities such as bonds, promissory notes, shares
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participation certificates and warrants as well as standardized and non-
standardized options, futures, forward transactions, term deposits, fiduciary
deposits, regulated or unregulated collective investment instruments (including
funds), precious metals or rights to precious metals, or other types of investment
instruments that are included in the Guidelines as ordinary banking investment
instruments. Uyana Partners may also invest in hedge funds and investments of
similar structure to diversify its client’s portfolios.
Tailored Relationships
Uyana Partners develops customized strategies based on the stated investment
objectives, risk tolerances, and financial circumstances of each client. While
Uyana Partners often selects or recommends a variety of securities for its
clients, each client may choose to impose reasonable restrictions on the
management of their accounts, including requesting the restriction of particular
securities or types of investments. For instance, sometimes restrictions are
imposed by the governing documents of a client (i.e. Corporate documents).
Uyana Partners’ associated persons work with their clients to identify their
investment goals and objectives, as well as risk tolerance, in order to create a
portfolio allocation strategy designed to complement the client’s financial
situation and personal circumstances. The goals and objectives for each client
are documented by the Firm in agreement with the client in an Investment Policy
Statement.
Step-Up by Uyana Partners
Step-Up is a semi-automatic portfolio management service by Uyana Partners
that guides clients through the entire investment management process and
financial planning leveraged by technology. Step-Up offers ongoing portfolio
management based on the individual goals, objectives, time horizon, and risk
tolerance of each client. As part of the Step-Up program, clients complete an
online personal Investment Profile and Risk Profile assessment, which outlines
the client’s current situation (income, tax levels, financial goals, and risk tolerance
levels). Based on the client’s answers, the appropriate model portfolio is selected.
Step-Up creates diversified model portfolios consisting of exchange traded
funds (“ETFs”), mutual funds, stocks, REITS, or investment products tailored to
the clients’ specific needs. Information about the client’s portfolio, objectives,
risk profile, and financial plans are available through the online platform at all
times. Step-Up will periodically rebalance model portfolios. Clients can only
impose restrictions on two securities included on their model portfolios but may
not request any inclusion of securities. Uyana Partners will generally move Step-
Up clients to the next level of service when they pass the $1,000,000 threshold.
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Consolidation of Financial Assets
Uyana Partners offers comprehensive Consolidation of Financial Assets,
ensuring the preparation of quality consolidated financial statements. This
service includes the meticulous integration of various financial accounts and
assets into a unified reporting structure, facilitating clear financial analysis. The
process encompasses the provision of data management solutions and the
management of software. This ensures that all financial data is systematically
organized and readily accessible.
Document Management of Legal Structures
Uyana Partners delivers Document Management services for legal structures,
aimed at maintaining high standards of legal compliance and organizational
efficiency.
This service involves the systematic collection, storage and
management of all legal documentation pertaining to the client’s entities and
structures. Through advanced data management systems, the Firm ensures that
all documents are securely stored, easily retrievable, and regularly updated to
reflect any changes in legal requirements or corporate governance. This service
ensures that client’s legal documentation is meticulously organized and readily
available for regulatory reviews and internal audits.
Additional General Information
Other professionals (e.g., lawyers, accountants, insurance agents, etc.) may be
recommended to clients or engaged directly by the client on an as-needed basis.
Conflicts of interest related to recommendations of other professionals will be
disclosed to the client in the event they should occur.
Uyana Partners’ Agreements may not be assigned without client consent.
As of December 31, 2025, Uyana Partners has $115,043,670 in assets under
management (“AUM”) of which $87,165,457 are on a discretionary basis.
⮚ Item 5 – Fees and Compensation
Basic fee schedule:
Discretionary Accounts
● $1,000,000 to $3,000,000 – 1.10%
● $3,000,001 to $6,000,000 – 1.00%
● $6,000,001 to $9,000,000 – 0.90%
● $9,000,001 to $12,000,000 – 0.80%
● Above $12,000,001 – Negotiable
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Non-discretionary Accounts
For non-discretionary accounts, Uyana Partners will discuss a fee
arrangement with each account individually.
Step-Up fee schedule:
● $50,000 to $999,999 – 1.00%
Clients that engage Uyana Partners to provide the Consolidated Reporting and/or
Document Management services will be charged a flat fee which will be dependent
on an assessment of the complexity of the client’s assets and/or structure. The
minimum fee charged for these services is $50,000.
These fees are negotiable depending upon the needs of the client and complexity of
the situation and the final fee schedule is attached to the Asset Management
Agreement. Fees are paid quarterly in arrears, and clients may terminate their
contracts with thirty days’ written notice. Fees that are collected in advance will be
refunded based on the prorated amount of work completed up to the day of
termination within the quarter terminated. The fee refunded will be the balance of
the fees collected in advance minus the daily rate times the number of days in the
quarter up to and including the day of termination. (The daily rate is calculated by
dividing the quarterly AUM fee by the number of days in the termination quarter).
Clients may terminate their contracts without penalty, for full refund, within 5
business days of signing the advisory contract. Advisory fees are withdrawn directly
from the client’s accounts with client written authorization.
Additional Fee Information
Clients may authorize the Firm to directly debit management fees from client
accounts on a quarterly basis. In such instances, management fees are prorated
for each capital contribution and withdrawal made during the applicable calendar
quarter. Accounts initiated or terminated during a calendar quarter will be
charged a prorated fee.
In all instances, clients will receive an invoice for fees, in which they may choose
to pay Uyana Partners directly for its billed fees for the relevant period.
The Firm’s fees are exclusive of brokerage commissions, transaction fees, and
other related costs and expenses which shall be incurred directly by the client.
Clients may incur certain charges imposed by custodians, brokers, and other
third parties such as fees charged by fund managers, custodial fees, deferred
sales charges, odd-lot differentials, transfer taxes, wire transfer and electronic
funds fees, and other fees and taxes on brokerage account and securities
transactions. Mutual funds and exchange traded funds also charge internal
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management fees, which are disclosed in a fund’s prospectus. It is the Firm’s
policy not to accept “kick-backs” or retrocession fees from any third non-
affiliated party providing services to the Firm’s clients.
Termination of the Agreement
Although an Agreement between Uyana Partners and its clients are ongoing
agreements and constant adjustments are required, the length of service to the
client is at the client’s discretion. The client or the investment manager may
terminate an Agreement by written notice to the other party with a (30) thirty –
day advance notice or as agreed upon otherwise between the client and the Firm.
If an agreement is terminated during a period in which the client has already paid
Uyana Partners its advisory fees in advance, then the Firm will reimburse, on a
prorated basis, the remaining advisory fees collected for any service not
rendered; these fees will be sent to the client’s address of record, unless
otherwise directed by the client, within (30) days of termination of the
agreement.
⮚ Item 6 - Performance-Based Fees and side-by-side
management
Uyana Partners does not accept performance-based fees or other fees based on a
share of capital gains or on capital appreciation of the assets of a client.
⮚ Item 7 - Types of Clients
Uyana Partners provides asset and/or portfolio management services to
individuals, high net worth individuals, ultra-high net worth individuals and
Corporations. The Firm ordinarily requires each account to have a minimum of
$1,000,000 for its standard services and $50,000 for its Step-Up service,
although smaller amounts may be accepted and maintained at the discretion of
the Firm. Uyana Partners may also group certain related client accounts to
achieve minimum account size requirements.
⮚ Item 8 - Methods of Analysis, Investment Strategies and
Risk of Loss
Methods and Investment Strategies
Uyana Partners’ Security analysis methods include both fundamental and
technical analysis. Furthermore, the main sources of information include
Bloomberg, financial newspapers and magazines, inspections of corporate
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activities, research materials prepared by others, corporate rating services,
annual reports, prospectuses, filings with the Securities and Exchange
Commission, and company press releases.
Fundamental Analysis
Fundamental analysis of a business involves analyzing its income statement,
financial statements and health, its management and competitive advantages,
and its competitors and markets. Fundamental analysis school of thought
maintains that markets may mis-price a security in the short run but that the
"correct" price will eventually be reached. Profits can be made by trading the mis-
priced security and then waiting for the market to recognize its "mistake" and re-
price the security. However, fundamental analysis does not attempt to anticipate
market movements. This presents a potential risk, as the price of a security can
move up or down along with the overall market regardless of the economic and
financial factors considered in evaluating the stock. Therefore, unforeseen
market conditions and/or company developments may result in significant price
fluctuations that can lead to investor losses.
Technical analysis
We analyze past market movements and apply that analysis to the present in an
attempt to recognize recurring patterns of investor behavior and to potentially
predict future price movement. These analyses may include the following:
● Cyclical analysis: In this type of technical analysis, we measure the
movements of a particular stock against the overall market in an attempt
to predict the price movement of the security.
● Charting: In this type of technical analysis, we review charts of market and
security activity in an attempt to identify when the market is moving up or
down and to predict when how long the trend may last and when that trend
might reverse.
Some technical analysis does not consider the underlying financial condition of a
company. This presents a risk in that a poorly-managed or financially unsound
company may underperform regardless of market movement.
The investment strategy for a specific client is based upon the objectives stated
by the client in the Investment Policy Statement. Strategies may include long-
term purchases, short-term purchases, trading, short sales, margin transactions,
and other strategies. In some cases, the Adviser might advise on private
investments made by clients.
Risks of Loss
All investment programs have certain risks that are borne by the investor. Our
investment approach constantly keeps the risk of loss in mind. Investors face the
following investment risks, amongst others:
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in
●
Interest-rate Risk: Fluctuations
interest rates may cause
investment prices to fluctuate. For example, when interest rates
rise, yields on existing bonds become less attractive, causing their
market values to decline.
●
● Market Risk: The price of a security, bond, or mutual fund may drop
in reaction to tangible and intangible events and conditions. This
type of risk is caused by external factors independent of a security’s
particular underlying circumstances. For example, political,
economic and social conditions may trigger market events.
Inflation Risk: When any type of inflation is present, a dollar today will
not buy as much as a dollar next year, because purchasing power is
eroding at the rate of inflation.
● Currency Risk: Overseas investments are subject to fluctuations in
the value of the dollar against the currency of the investment’s
originating country. This is also referred to as exchange rate risk.
● Reinvestment Risk: This is the risk that future proceeds from
investments may have to be reinvested at a potentially lower rate of
return (i.e. interest rate). This primarily relates to fixed income
securities.
● Business Risk: These risks are associated with a particular industry
or a particular company within an industry. For example, oil-drilling
companies depend on finding oil and then refining it, a lengthy
process, before they can generate a profit. They carry a higher risk
of profitability than an electric company, which generates its income
from a steady stream of customers who buy electricity no matter
what the economic environment is like.
● Liquidity Risk: Liquidity is the ability to readily convert an investment
into cash. Generally, assets are more liquid if many traders are
interested in a standardized product. For example, Treasury Bills are
highly liquid, while real estate properties are not.
● Financial/Credit Risk: Excessive borrowing to finance a business’
operations increases the risk of profitability, because the company
must meet the terms of its obligations in good times and bad. During
periods of financial stress, the inability to meet loan obligations may
result in bankruptcy and/or a declining market value of securities.
⮚ Item 9 - Disciplinary Information
Investment Firms are required to disclose all material facts regarding any legal or
disciplinary events that would be material to your evaluation of a Firm or the
integrity of Firm’s management. Uyana Partners has no information applicable to
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this Item. Please visit www.advisorinfo@sec.gov at any time to view Uyana
Partners’ registration information and any applicable disciplinary action.
⮚ Item 10 - Other Financial Industry Activities and
Affiliations
The Adviser’s owner, Felipe Chediak Bueno, is also a Managing Member of
Buentrip Ventures Capital Management, LLC (“Buentrip Ventures”), an Exempt
Reporting Adviser with a mailing address in Los Angeles, California. Other than
common ownership/control, the Adviser does not have any arrangements with
this affiliate nor do they advise the same clients. Specifically, the Adviser advises
separately managed accounts while Buentrip Ventures advises private funds.
At this time, there will not be any direct or indirect compensation for the referral
of clients. In the event that this changes, this Brochure will be updated to reflect
that.
⮚ Item 11 - Code of Ethics
SEC regulations impose a fiduciary duty on Investment Firms. As a fiduciary,
Uyana Partners has a duty of utmost good faith to act solely in the best interest
of each of our clients. Our clients entrust us with their funds, which in turn places
a high standard on our conduct and integrity. Our fiduciary duty compels all
employees to act with the utmost integrity in all their dealings. This fiduciary duty
is the core principle underlying our “Code of Ethics” and represents the expected
basis of all our dealings with our clients. The Code includes policies and
procedures developed to protect client’s interests in relation to the following
topics:
• The duty at all times to place the interests of clients first;
• The requirement that all personal securities transactions be conducted in
such a manner as to be consistent with the code of ethics and to avoid any
actual or potential conflict of interest or any abuse of an employee’s
position of trust and responsibility;
• The principle that
investment Firm personnel should not take
inappropriate advantage of their positions;
• The fiduciary principle that information concerning the identity of security
holdings and financial circumstances of clients is confidential; and
• The principle that independence in the investment decision-making
process is paramount.
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Uyana Partners and its employees may buy or sell securities that are also held by
clients; however, the Firm and its employees may not trade their own securities
ahead of client trades. Employees must comply with the provisions of the
Adviser’s Compliance Policies and Procedures, as well as Code of Ethics.
The Adviser’s Chief Compliance Officer, Samantha Santiago, will review all
employee trades each quarter or more frequently as conducted. The personal
trading reviews ensure that the personal trading of employees does not affect
the markets, and that clients of the Adviser receive preferential treatment.
The Adviser will provide a copy of the Code to any client or prospective client
upon request at the contact information contained on the Cover Page of this
Brochure.
⮚ Item 12 - Brokerage Practices
As part of Uyana Partners’ relationship with its clients, its Asset Management
Agreement provides that client may restrict the discretion and direct brokerage
to any broker. The Firm is authorized in its Asset Management Agreement to
select other securities brokers, unless the client directs otherwise in the
Agreement. As a result, Uyana Partners typically refers all business to a
registered broker-dealer and disclosed to clients that they may find similar or
superior services elsewhere at an equal or lower cost.
Typically, Uyana Partners considers which broker-dealer will be able to effect the
transaction efficiently. Additionally, the research and services provided by the
broker-dealer with respect to the particular type of investment may be a factor
in the selection process. The commissions payable to such broker-dealers may in
certain cases be higher than those attainable from other broker-dealers who do
not provide such research and services. Ordinarily, such research will be used to
service all of the Firm's accounts. Under the Firm’s standard Asset Management
Agreement, the client can revoke the Firm's authority to select the broker-dealer
for the accounts.
It is Firm’s policy not to enter into soft dollar arrangements and the Firm has no
formal soft dollar arrangements. The Firm does not consider, in selecting or
recommending broker-dealers, whether Firm or a related person receives Client
referrals from such broker-dealer.
⮚ Item 13 - Review of Accounts
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Account reviews are performed periodically, no less than quarterly by each IAR
and by the Chief Compliance Officer. Account reviews are performed more
frequently when market conditions dictate and as requested by Uyana Partners’
clients.
Other conditions that may trigger a review are changes in the tax laws, new
investment information, and changes in a client's own situation.
Account reviewers assist the Firm’s Compliance Department, with the
assistance of IARs of the Firm. They are instructed to consider the client's
current security positions and the likelihood that the performance of each
security will contribute to the investment objectives of the client.
Clients receive periodic communications on at least an annual basis and where
applicable, will receive an account statement or performance report no less than
quarterly, and often monthly as activity dictates.
In addition to periodic reviews, the Firm also performs reviews of its clients’
accounts as appropriate based on changes in market conditions, security
positions or changes in a clients’ investment objective or policies.
For Step-Up services, model portfolios are reviewed each quarter for potential
rebalancing and/or change in allocation.
⮚ Item 14 - Client Referrals and Other Compensation
Uyana Partners may receive referrals from current clients, attorneys,
accountants, employees, personal friends of employees and other similar
sources. At this time, Uyana Partners is not directly or indirectly providing
compensation for the receipt of client referrals. Furthermore, Uyana Partners
does not currently accept referral fees or any form of remuneration from other
professionals when a prospect or client is referred to them.
⮚ Item 15 - Custody
Aside from debiting fees from its clients’ accounts to pay for services rendered,
Uyana Partners does not maintain custody of its clients’ funds. All assets are
typically held at a qualified custodian, which means the custodians provide
account statements directly to clients at their address of record at least
quarterly. Uyana Partners urges you to carefully review such statements and
compare such official custodial records to the reports Uyana Partners may
provide to you. Uyana Partners’ reports may vary from custodial statements
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based on accounting procedures, reporting dates, or validation methodologies of
certain securities. Therefore, aside from debiting fees from its clients' accounts
to pay for services rendered, Uyana Partners does not maintain custody of its
clients’ funds. While Uyana Partners offers various custodians for its client’s
assets, Uyana Partners’ clients choose their own qualified custodian to hold their
funds. For Step Up accounts, Uyana Partners has agreements with Charles
Schwab and Interactive Brokers to provide custody services.
⮚ Item 16 - Investment Discretion
The Firm receives discretionary authority from the client at the outset of an
advisory relationship to select the identity and amount of securities to be bought
or sold. In all cases, however, such discretion is to be exercised in a manner
consistent with the stated investment objectives for the particular client
account. Before the Firm can buy or sell securities on its clients behalf, the client
must first sign the discretionary Investment Advisory Agreement, a power of
attorney, and/or trading authorization forms.
When selecting securities or investment manager and determining amounts, the
Firm observes the investment policies, limitations and restrictions of the clients
for which it advises. Investment guidelines and restrictions are provided to the
Firm in writing.
⮚ Item 17 - Voting Client Securities
Clients will continue to receive their proxies or other solicitations directly from
their custodians or transfer agent and not from the Adviser. As a matter of Firm
policy and practice, Uyana Partners does not have any authority to and does not
vote proxies on behalf of advisory clients. Clients may consult with the Adviser;
however, the client is responsible for all such voting and elections with regard to
matters of the securities held in the account.
⮚ Item 18 - Financial Information
The Firm has no financial commitment that impairs its ability to meet contractual and
fiduciary commitments to clients. Also, the Firm has not been the subject of a
bankruptcy proceeding.
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