‘Being correctly suggested will not be a assure of success — nevertheless it reduces the probability of failure…’

DPM Finanzas, based in 2013, is one in every of Spain´s main unbiased monetary advisors (IFAs) which offers monetary advisory providers to firms and household places of work, personal fairness, corporates, and household companies.

DPM Finanzas Administrators Staff

DPM prioritises shoppers’ pursuits, eliminates limitations, and creates long-lasting relationships based mostly on belief, independence, transparency, innovation, and teamwork. The workforce includes itself at depth, making a complete information of shopper wants. This permits DPM Finanzas to arrange tailored funding proposals through which every shopper totally understands the options of their funding — and the dangers concerned.

DPM Finanzas accomplice, director, and CIO Carlos Farrás Fernández was previously head of investments at Barclays Spain. He has collected greater than 20 years of years of expertise in monetary markets. Associate Alfonso Valdivielso shares an analogous historical past; he was beforehand head of personal banking at Barclays Spain and Portugal, and boasts greater than 25 years of expertise in monetary markets.

The institutional agency is multi-disciplined, and to cowl all of the wants of its prospects it has develop into multi-service: it offers ongoing recommendation, monetary planning, monetary stories and company finance. Additionally it is multi-platform — shoppers make choices on financial institution/brokerage/insurance coverage firms — and multi-product (monetary and insurance coverage merchandise), multi-asset (fairness, mounted earnings, commodities), and multi-jurisdiction.

DPM Finanzas’ solely supply of earnings is from commissions charged for providers. It does to not take any rebate or fee on the investments it recommends. Shoppers can relaxation assured that there isn’t any battle of curiosity within the suggestions they obtain.

DPM makes use of the most recent in monetary software program, first-class reporting and digital signature protocols which permit the agency to simplify the funding processes — a major purpose. The institutional agency has signed separate monetary world agreements with main Spanish and worldwide banks and insurance coverage firms. These present DPM shoppers with entry to most popular price situations on financing operations or funding transactions.

DPM Finanzas is happy with its workforce and all that it has achieved on its journey to be recognised as the most effective privately-owned, unbiased monetary advisory agency in Spain. “To realize management within the sector, it’s essential to draw and retain expertise. We attempt to be the place the place each good skilled desires to develop their profession.” The agency follows a easy ethos: “Being correctly suggested will not be a assure of success — nevertheless it reduces the probability of failure.”

Along with a specialised and trusted senior workforce, one in every of DPM’s foremost strengths is the shared perception in transparency in all features of economic recommendation.

In Spain, unbiased monetary recommendation continues to be in its infancy, says Farrás, “though it’s more and more in demand amongst high-net-worth people”. The sector is consistently altering. “Regulation in Europe is pushing for fee-only monetary providers, recognising the determine of unbiased monetary recommendation and the duty to report all implicit commissions of the merchandise.

“The precise regulation is making the execution of the advisory service extra complicated. We attempt to ‘make the complicated easy’ for our shoppers.” The monetary sector is present process a robust transformation and focus because of economies-of-scale and elevated regulation, he provides. “However we see a transparent progress alternative for specialised boutiques like ours.”

DPM has clearly recognized its area of interest and differentiated its providers. It’s presently gathering ESG preferences in a customer-suitability take a look at. “We plan to make use of ESG scores in our portfolio stories,” says Farrás. “We now have been incorporating these standards in each our funding course of and the number of funds or belongings.”

The agency’s moral stance is obvious. “We reside truthfully within the monetary sector because of our independence, the absence of conflicts of curiosity, and whole transparency with the shopper. We offer monetary recommendation as we want it to be offered to us.”

The enterprise mannequin is predicated on belief and serving to shoppers obtain their objectives, so all administration choices are based mostly on each targets. Farrás states that “Excessive-net-worth shoppers have complicated wants, so our assist workforce should make their lives and operations simpler.”

“As a company chief you’ve got a accountability to prospects, staff, the regulator, suppliers and society,” says Farrás. “That’s why we vow, daily, to not fail the belief that has been positioned in us.”