# ALBA FINANCIAL LLC

ALBA FINANCIAL LLC is a RIA based in Council Bluffs, United States.

## Overview

- **Organization type:** RIA
- **Headquarters:** Council Bluffs, United States
- **Region:** North America
- **Address:** San Juan, Puerto Rico
- **Assets under management:** $50M - $250M (Altss estimate)
- **Website:** albafinancialservices.com

## Regulatory record

- **CRD number:** 327309
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/327309

## About

ALBA FINANCIAL LLC is a state-registered investment adviser in Council Bluffs, IA. The firm manages $4 million in assets, $3 million on a discretionary basis. It has 1 employee and 1 investment adviser.

## Sectors

- Real Estate
- Private Credit
- Hospitality
- Tax-Advantaged Structures

## Questions

### Why is ALBA FINANCIAL LLC based in Puerto Rico?

ALBA FINANCIAL LLC operates under Puerto Rico's Act 22/60, which exempts qualifying residents from US federal and Puerto Rico income taxes on passive income — including dividends, interest, and capital gains — earned after establishing residency. The principals maintain their primary residence in Puerto Rico and meet the 183-day physical-presence and charitable-contribution requirements that Act 60 mandates.

### Does Act 60 residency limit where ALBA FINANCIAL LLC can invest?

Practically, yes. While the office can legally invest anywhere, the incentive structure strongly favors Puerto Rico-sourced income and investments where local economic substance reinforces the principal's tax-residency claim. US mainland investments are possible but must be structured carefully to avoid jeopardizing the Act 60 status or triggering mainland filing obligations.

## Related profiles

- [Tsy Capital](https://altss.com/profile/tsy-capital-limited)
- [The Pitch Fund](https://altss.com/profile/the-pitch-fund-llc)

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Last updated: 2026-07-10T22:55:40.000Z

Canonical page: https://altss.com/profile/alba-financial-llc

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