Monte Bravo

What Monte Bravo does

Monte Bravo Corretora de Títulos e Valores Mobiliários S.A. is a Brazilian securities brokerage headquartered in São Paulo, founded in 2010 and operating with 251–500 employees. The firm is authorized by Banco Central do Brasil, B3, BSM Supervisão de Mercados, and CVM, and serves both individual and corporate clients across Brazil through a four-tier service model: Digital (R$100K–R$300K), Advisory (R$300K–R$3M), Exclusive (R$3M–R$10M), and Private (above R$10M). The Private tier includes dedicated family office services with wealth planning, exclusive funds, and offshore solutions. Corporate clients are served through dedicated cash management, credit, FX/derivatives, insurance/benefits, consortium, payment methods, M&A advisory, and investment banking offerings.

The platform is built around a digital brokerage infrastructure with iOS/Android mobile apps and a web portal for account opening, order execution, and portfolio monitoring, supplemented by a B3-authorized Retail Liquidity Provider (RLP) mechanism that delivers liquidity for minicontratos (WIN, WDO) and equities via XP Investimentos as the trading participant (PNP). Distribution is sales-led through dedicated investment advisors across tiers, with a Fee-Based remuneration model that allows clients to choose their advisor's compensation structure. The firm also offers investment portability for inbound transfers, international diversification products, and a content-and-community layer (Monte Bravo Cast podcast, Carta Mensal, Carteira de Ações, Mapa de Oportunidades, Radar Monte Bravo WhatsApp community, and Monte Bravo Experience events).

Monte Bravo earns revenue primarily through advisory and brokerage commissions on the distribution of fixed income, equities, investment funds, real estate funds, private pension, insurance, and credit products, augmented by transaction fees from corporate and investment banking engagements. The firm monetizes across both mass-affluent self-service and high-touch advisor-led tiers, with the Fee-Based model creating transparency in advisor remuneration. No revenue figures, AUM, or funding history are publicly disclosed.

Name

Monte Bravo

Legal name

Monte Bravo Corretora de Títulos e Valores Mobiliários S.A.

Website

https://montebravo.com.br

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

251–500 employees

Short description

Monte Bravo is a Brazilian securities brokerage offering tiered investment advisory, wealth management, family office, corporate solutions, and investment banking services to individual and business clients across Brazil, from digital self-service to UHNW wealth planning.

Ownership category

akta.pro rank

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Advisory and brokerage commissions: Monte Bravo operates as a brokerage (Corretora de Títulos e Valores Mobiliários S.A.) authorized by Banco Central do Brasil, earning commissions on investment distribution across fixed income, equities, investment funds, real estate funds, private pension, insurance, and credit products. The Fee-Based model allows clients to choose their advisor's remuneration structure.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Monte Bravo is a Brazilian licensed securities brokerage (Corretora de Títulos e Valores Mobiliários S.A.) authorized by the Banco Central do Brasil, CVM, and B3. It distributes and advises on fixed income, equities, investment funds, real estate funds, private pension, life insurance, credit, FX/derivatives, and corporate solutions through a tiered service model (Digital R$100k–300k, Advisory R$300k–3M, Exclusive R$3M–10M, Private above R$10M), supported by a mobile/web platform and a dedicated advisor network.

Product overview

Monte Bravo is a Brazilian brokerage (Corretora de Títulos e Valores Mobiliários) authorized by the Banco Central do Brasil offering a comprehensive financial services ecosystem. The platform operates on a tiered service model: Digital (R$100K-300K), Advisory (R$300K-3M), Exclusive (R$3M-10M), and Private (R$10M+) tiers. Core investment products include fixed income, stocks, investment funds, real estate funds, international diversification, and credit solutions. Wealth management services encompass life insurance, private pension, and Monte Bravo Private. For ultra-high-net-worth clients, Family Office services include wealth planning, exclusive funds, and offshore solutions. Corporate offerings cover cash management, corporate credit, FX/derivatives, insurance, M&A advisory, and investment banking. Additional services include the Retail Liquidity Provider (RLP) for derivatives trading, investment portability transfers, Radar Monte Bravo (exclusive WhatsApp community), Monte Bravo Cast podcast, monthly letters, stock portfolios, company analyses, and exclusive events (Monte Bravo Experience). The company also offers a mobile app for both iOS and Android platforms.

Differentiator

Problem solved

Functional benefit

Products and services

• Soluções de Investimento (Investment Solutions)
• Soluções Patrimoniais (Wealth Solutions)
• Monte Bravo Private
• Soluções de Crédito (Credit Solutions)
• Diversificação Internacional (International Diversification)
• Câmbio (Currency Exchange)
• Ofertas Públicas (Public Offerings)
• Family Office
• Soluções Corporativas (Corporate Solutions)
• Investment Banking
• Retail Liquidity Provider (RLP)
• Portabilidade de Investimentos (Investment Portability)

Quantifiable outcome

• Since 2018: 500+ tonnes of food donated, 20,000+ people assisted daily through food bank partnerships.
• +1 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• XP InvestimentoscoreChannel Partner/ Reseller/ DistributorXP Investimentos acts as Monte Bravo's Participante de Negociação Pleno (PNP), enabling clients to access the Retail Liquidity Provider (RLP) functionality for trading minicontratos (WIN, WDO) and equities with greater market depth. This is a regulated B3/CVM mechanism integral to service delivery.
• Arquitetos VoluntárioscoreStrategic or Co-development PartnerMonte Bravo partnered with Arquitetos Voluntários, a volunteer architect collective, to fund the reconstruction of 6 non-governmental early childhood education institutions (E.E.I.) and shelters in Rio Grande do Sul affected by flooding. Impact targets over 1,000 children. Deliveries have begun, including E.E.I. Marista Menino Jesus.
• Banco de AlimentosminorOthersMonte Bravo makes monthly donations to Banco de Alimentos, a food bank that fights food waste by collecting surplus food and distributing it to underserved communities. Partner since 2018.
• Mesa Brasil SESCminorOthersMonte Bravo makes monthly donations to Mesa Brasil SESC, a food recovery and distribution program that complements the nutrition of people in vulnerable situations, contributing to food security.
• Amigos do BemminorOthersSince 2025, Monte Bravo supports Amigos do Bem, an organization transforming lives in Brazil's northeastern sertão through education, income generation, and local development projects. Amigos do Bem was recognized among the 100 best NGOs in Brazil by the 2025 Melhores ONGs award.
• Tênis no Bairro (ATC)minorOthersMonte Bravo sponsors Ana Laura Cruz, a young athlete from Santa Maria (RS), who was discovered through the Tênis no Bairro social project run by ATC. Support includes sporting accompaniment and participation in national and international tournaments.

Scale indicators2 records

Recent moves1 record

Expansion highlights6 records

Broad incumbents

• XP Inc. XP is Brazil's largest retail investment platform and ecosystem, operating a multi-tier advisory model (XP, Rico, Modal) with proprietary execution, investment distribution, investment banking, and asset management. Monte Bravo uses XP as its trading participant (PNP) for RLP liquidity, making XP both a partner and the dominant direct competitor across virtually all of Monte Bravo's product lines.
• BTG Pactual Digital: BTG Pactual is Brazil's largest independent investment bank, and its BTG Pactual Digital retail arm offers advisor-led wealth management, multi-asset brokerage, credit, and investment products. Comparable to Monte Bravo's tiered service model but with vastly greater scale, balance-sheet, and IB origination capability.

Direct peers

• Warren Investimentos: Warren is a Brazilian digital brokerage offering fee-based advisory, fixed income, equities, funds, and wealth management for retail and HNW clients. It is one of the closest direct competitors to Monte Bravo on the tiered advisor model, HNW focus, and content-driven acquisition approach.
• Genial Investimentos: Genial is a multi-product Brazilian investment platform offering brokerage, advisory, asset management, investment banking, and corporate solutions. Its mix of retail advisory plus institutional and IB services overlaps directly with Monte Bravo's individual and corporate solutions.
• Rico Investimentos: Rico is a Brazilian retail brokerage and advisory platform offering fixed income, equities, funds, FX and research content. After being acquired by XP, Rico still operates as a separate consumer brand, competing directly with Monte Bravo for tiered individual investors using a content and multi-product playbook.
• Guide Investimentos: Guide is a Brazilian investment platform offering advisory, brokerage, fixed income, equities, and exclusive investment funds to retail and HNW investors. It is a comparable mid-tier advisor-led platform competing in the same R$100K–R$10M segment as Monte Bravo.
• Nuinvest (formerly Easynvest): Nuinvest is Nubank's investment platform, providing self-directed and advisory brokerage services for retail clients in Brazil. It is comparable to Monte Bravo at the entry-level Digital tier, particularly for the R$100K–R$300K segment served through mobile-first tooling.
• Modalmais (Banco Modal): Modalmais is a Brazilian digital brokerage offering equities, fixed income, funds, advisory, and investment banking services, now part of Banco Modal's broader financial group. It directly competes with Monte Bravo across retail advisory, multi-asset distribution, and IB advisory.
• CM Capital Markets: CM Capital is a Brazilian brokerage and investment management firm offering advisory, equities, fixed income, FX, and structured products. It overlaps with Monte Bravo on the retail advisory and distribution model and competes for tiered individual and corporate clients.

Others

• B3 (Brasil, Bolsa, Balcão): B3 is Brazil's stock exchange and one of Monte Bravo's primary regulators; the firm is B3-authorized for the Retail Liquidity Provider (RLP) mechanism and accesses market infrastructure via its PNP. Not a competitor but a critical infrastructure and regulatory counterparty for Monte Bravo's brokerage operations.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/MonteBravo
• Facebookfacebook.com/montebravo
• LinkedInlinkedin.com/company/monte-bravo
• Instagraminstagram.com/montebravocorretora
• Xx.com/montebravo0

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Monte Bravo