‘Being correctly suggested just isn’t a assure of success — but it surely reduces the chance of failure…’
DPM Finanzas, based in 2013, is considered one of Spain´s main unbiased monetary advisors (IFAs) which supplies monetary advisory providers to firms and household places of work, non-public fairness, corporates, and household companies.
DPM prioritises shoppers’ pursuits, eliminates boundaries, and creates long-lasting relationships based mostly on belief, independence, transparency, innovation, and teamwork. The crew entails itself at depth, making a complete information of shopper wants. This enables DPM Finanzas to organize tailored funding proposals through which every shopper totally understands the options of their funding — and the dangers concerned.
DPM Finanzas companion, director, and CIO Carlos Farrás Fernández was previously head of investments at Barclays Spain. He has amassed greater than 20 years of years of expertise in monetary markets. Companion 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 supplies ongoing recommendation, monetary planning, monetary experiences and company finance. It is usually multi-platform — shoppers make choices on financial institution/brokerage/insurance coverage firms — and multi-product (monetary and insurance coverage merchandise), multi-asset (fairness, fastened 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. Purchasers 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 main objective. The institutional agency has signed separate monetary international agreements with main Spanish and worldwide banks and insurance coverage firms. These present DPM shoppers with entry to most popular price circumstances on financing operations or funding transactions.
DPM Finanzas is happy with its crew and all that it has achieved on its journey to be recognised as the perfect privately-owned, unbiased monetary advisory agency in Spain. “To realize management within the sector, it’s essential to draw and retain expertise. We try to be the place the place each good skilled needs to develop their profession.” The agency follows a easy ethos: “Being correctly suggested just isn’t a assure of success — but it surely reduces the chance of failure.”
Along with a specialised and trusted senior crew, considered one of DPM’s major strengths is the shared perception in transparency in all elements 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 advanced. We attempt to ‘make the advanced easy’ for our shoppers.” The monetary sector is present process a robust transformation and focus on account of economies-of-scale and elevated regulation, he provides. “However we see a transparent development alternative for specialised boutiques like ours.”
DPM has clearly recognized its area of interest and differentiated its providers. It’s at present gathering ESG preferences in a customer-suitability take a look at. “We plan to make use of ESG scores in our portfolio experiences,” says Farrás. “Now we have been incorporating these standards in each our funding course of and the number of funds or property.”
The agency’s moral stance is obvious. “We reside actually within the monetary sector due to our independence, the absence of conflicts of curiosity, and whole transparency with the shopper. We offer monetary recommendation as we want it to be supplied 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 advanced wants, so our help crew should make their lives and operations simpler.”
“As a company chief you will have a accountability to prospects, workers, the regulator, suppliers and society,” says Farrás. “That’s why we vow, on daily basis, to not fail the belief that has been positioned in us.”