GPM

What GPM does

GPM (Gestión de Patrimonios Mobiliarios, Sociedad de Valores, S.A.) is a privately held Spanish securities firm (Sociedad de Valores) headquartered at Calle Serrano 41, Madrid, regulated by the CNMV. The company serves Retail Investors as its primary segment and Qualified Investors as a secondary segment, offering a multi-product platform spanning GPM Broker brokerage services, discretionary portfolio management, alternative investments, funds and Sicav intermediation, and continuous market analysis distributed through website, blog, social media, email, and in-person seminars. The firm maintains a portfolio of sub-brands—GPM Cirene Capital, GPM Gestión Global, and GPM Tendencias Internacional—to segment its discretionary and thematic offerings, and it distributes execution access through at least seven associated brokers (Clicktrade, Renta 4, GVC Gaesco, Selfbank, Bankinter, Andbank, Triodos Bank), avoiding direct ownership of trading infrastructure.

GPM's business model is built on management and advisory fees from discretionary mandates, brokerage commissions intermediated through partner brokers, and distribution fees on third-party structured products such as the Barclays note (8.5-15% potential returns, €1,000 minimum). The firm generates no proprietary technology platform—there is no mobile app or public API—and relies on human-authored research and traditional portfolio management processes. Strategic partnerships, including a tie-up with Treelogic to promote a capital increase, extend thematic reach. No M&A activity, funding rounds, or leadership changes beyond a named customer-service head (Benedicto Jimenez Zurdo) are documented in the available data. Revenue, headcount, and AUM are undisclosed, consistent with a privately held mid-tier Spanish broker competing primarily on retail-segment reach and regulatory positioning rather than scale or technology differentiation.

Name

GPM

Legal name

Gestión de Patrimonios Mobiliarios, Sociedad de Valores, S.A.

Website

https://gpmsv.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

GPM is a privately held, CNMV-regulated Spanish securities firm (Sociedad de Valores) offering brokerage, discretionary portfolio management, and Sicav intermediation to retail and qualified investors, distributing execution via associated brokers and segmented sub-brands.

Ownership category

akta.pro rank

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Discretionary Portfolio Management Fees: Fees collected for managing client portfolios through professional investment models operated by qualified fund managers in Spain.
2. Brokerage Commission: Transaction-based fees from trading through GPM Broker platform across multiple associated brokers with various trading platforms.
3. Alternative Investment Products: Revenue from structured notes, capital increase investments, and alternative investment catalog offerings to existing clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

GPM is a Spanish securities firm (Sociedad de Valores) that sells discretionary portfolio management models operated by qualified fund managers and brokerage trading services through its GPM Broker platform, spanning hundreds of regulated equity and fixed income markets worldwide. The firm also distributes alternative investment products, structured notes, fund/Sicav brokerage, and publishes market analysis and managed investment strategy reports for its retail and qualified investor clients.

Product overview

GPM (Gestion de Patrimonios Mobiliarios SV, S.A.) is a Spanish securities brokerage (Sociedad de Valores) headquartered in Madrid, offering a multi-product financial services platform. The core offering consists of discretionary portfolio management through GPM Gestion de Carteras (featuring multiple investment models managed by qualified Spanish fund managers), the GPM Broker platform for multi-broker trading across regulated global markets, and alternative investments. Additional offerings include fund and Sicav brokerage (GPM Fondos y Sicavs) and market analysis (GPM Analisis). The company also manages branded investment strategies under sub-brands GPM Cirene Capital, GPM Gestion Global, and GPM Tendencias Internacional, each with their own regular investor reports.

Differentiator

Problem solved

Functional benefit

Brands

• Gestión de Carteras: Discretionary portfolio management service offering various investment models operated by professional managers
• GPM Broker
• GPM Gestión Global
• GPM Cirene Capital
• GPM Tendencias Internacional

Products and services

• GPM Gestion de Carteras (Discretionary Portfolio Management)

Quantifiable outcome

• Potential returns of 8.5% to 15% on structured note investments depending on term
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Associated Brokers (Multiple Platforms)coreChannel Partner/ Reseller/ DistributorGPM works with multiple associated brokers to provide trading services through various intuitive platforms, enabling clients to operate through GPM's infrastructure on different trading platforms of the associated brokers.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• Openbank: Digital broker and bank owned by Santander, offering multi-market brokerage, investment funds, and managed portfolios in Spain. Comparable to GPM Broker on global market access and to Gestión de Patrimonios on managed-portfolio offerings, though with deeper parent backing.
• MyInvestor: Spanish digital broker and robo-advisor offering index funds, portfolio management, and brokerage. Competes with GPM Broker on multi-asset trading access and with Gestión de Carteras on low-minimum discretionary offerings in the Spanish retail channel.
• Renta 4 Banco: Spanish-listed broker and wealth manager offering discretionary portfolio management, brokerage, and fund distribution to retail and qualified clients. Closest direct comparable to GPM in product mix, regulatory status (Sociedad de Valores), and Spanish retail/qualified investor focus.
• Tressis: Spanish wealth manager and Sociedad de Valores offering discretionary portfolio management, brokerage, and alternative investments. Closely comparable to GPM's full product set — discretionary management + GPM Broker-style multi-platform execution + alternative catalogue.
• Bestinver: Spanish asset manager and broker offering active mutual funds, discretionary portfolios, and brokerage. Comparable to GPM in combining discretionary management, fund brokering, and active investment strategies targeted at Spanish retail and qualified investors.
• Andbank: Private bank with Spanish operations providing discretionary portfolio management, brokerage, and structured products to high-net-worth clients. Comparable to GPM on the qualified-investor / alternative-investment product lines.
• Indexa Capital: Leading Spanish robo-advisor managing diversified portfolios for retail investors with low minimums. Directly comparable to GPM's Gestión de Carteras service on automated/model-driven portfolio management for Spanish retail clients.
• Singular Bank: Spanish private bank and online broker (formed via acquisition of Selfbank) offering portfolio management, brokerage, and advisory services. Competes with GPM across both discretionary management and multi-platform brokerage in the Spanish market.

Broad incumbents

• Interactive Brokers: Global multi-asset broker with active Spanish client base offering low-cost access to hundreds of regulated markets. Competes with GPM Broker on global market reach and execution pricing, though it does not offer GPM's discretionary model-portfolio service.
• CaixaBank: Largest Spanish retail bank with embedded brokerage, fund distribution, and wealth management services. Competes with GPM across brokerage, fund brokering, and discretionary management — typically with broader product distribution but less specialized portfolio advisory.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/gpmsv
• YouTubeyoutube.com/@gpmsv
• Facebookfacebook.com/gpmsv
• LinkedInlinkedin.com/company/gpmsv
• Instagraminstagram.com/gpmsv

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about GPM