What Global Valores does

Global Valores S.A. is an Argentine broker-dealer and integrated capital-markets intermediary founded in 2004 and headquartered in Buenos Aires. The firm operates four business lines: Sales & Trading (market-making and intermediation in fixed-income, equities, and derivatives across BYMA and ROFEX), Capital Markets (origination, structuring, and placement of negotiable instruments, financial trusts, and IPOs for corporate and public-sector issuers), Asset Management (customized portfolio management and distribution of partner mutual funds), and Research (weekly and monthly macro and sector reports bundled with the relationship). Regulatory footprint is unusually dense for a firm of its size — Alyc AN Integral CNV N° 37, BYMA member N° 59, MAE agent N° 659, AC y DI CNV N° 58, ROFEX agent N° 425, and Financial Trustee registration with CNV — supporting top-tier fixed-income trading rankings on the two main Argentine exchanges.

The underlying technology stack centers on a TradingView-powered market-data and charting widget embedded in the public website and a Home Broker online trading platform (clientes.globalvalores.com.ar) for self-serve securities trading, supplemented by native iOS and Android applications. The firm has not disclosed proprietary technology IP, AI/ML capabilities, or developer-facing APIs, and its technology posture is best characterized as a thin configuration layer over third-party market-data and trading infrastructure rather than a build-from-scratch platform.

Revenue mechanics are multi-stream: transaction fees on brokerage and market-making, advisory and placement commissions on capital-markets transactions (illustrative deals include ARS 500MM for Tarjeta Shopping Series XI/XII in 2017 and USD 10MM for Siembro in 2017), recurring asset management fees, and distribution commissions on partner mutual funds (FIMA, Galileo, Quinquela, Schroders, StoneX). The firm serves institutional clients (insurance, mutual funds, banks, pension plans, foreign investors), corporates, the public sector, and SMEs through a sales-led go-to-market delivered by a lean team that the firm sizes at 11–50 employees, led by founder/President Luis Mornaghi. Revenue and headcount are not publicly disclosed, and the firm is privately held with no parent, subsidiaries, or recent M&A activity.

Name

Global Valores

Legal name

Global Valores S.A.

Website

https://globalvalores.com.ar

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Global Valores S.A. is an Argentine broker-dealer offering integrated sales & trading, capital markets, asset management, and research services to institutional, corporate, public sector, and SME clients across Argentine capital markets.

Ownership category

akta.pro rank

Product category

Investment Banking and Securities Brokerage

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Investment Management Advisory (RIA) (FSAEAAAB)

akta.pro secondary industry

Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC)

Keywords

• Securities brokerage
• Capital markets advisory
• Asset management
• Fixed income trading
• Equity research

Headquarters

HQ city

Tandil

HQ country

Argentina

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Sales & Trading: Brokerage and market-making services for fixed-income instruments, equities, and derivatives. Generates revenue through trading commissions and intermediary transactions in primary and secondary markets.
2. Capital Markets: Origination, structuring, and placement of initial public offerings including negotiable bonds, financial trusts, and shares. Revenue from advisory fees and placement commissions.
3. Asset Management: Portfolio management services for clients, offering all investment products available in local and international markets. Revenue through asset management fees and distribution commissions from mutual fund partnerships.
4. Research: Weekly and monthly reports for clients, specific industry reports, and economic sector analysis. Value-added service bundled with other offerings.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Global Valores S.A. is an Argentine financial services firm that delivers brokerage and market-making in fixed-income, equities and derivatives, advises on and structures capital markets transactions (IPOs, negotiable instruments and financial trusts), manages customized investment portfolios, and produces macroeconomic and sector research. Distribution is supported by a Home Broker web platform, mobile apps and distribution agreements with major mutual fund managers, serving institutional clients, corporates, the public sector, SMEs and individuals in the Argentine capital market.

Product overview

Global Valores S.A. is an Argentine financial services company operating as a unified platform with four integrated core services: Sales & Trading (encompassing fixed-income, equities, and derivatives trading with market maker capabilities), Capital Markets (offering origination, structuring, and placement of securities including IPOs, financial trusts, and SME products), Asset Management (providing customized investment portfolios and mutual funds distribution through partnerships with FIMA, GALILEO, QUINQUELA, SCHRODERS, and StoneX), and Research (delivering macroeconomic analysis and sector-specific reports). The company also provides a Home Broker platform and mobile application for client access. Financial advisory services for valuation, M&A, and corporate finance complement the product suite.

Differentiator

Problem solved

Functional benefit

Products and services

• Sales & Trading Brokerage and market-making services for public and private securities across Argentine exchanges, including primary and secondary market intermediation for institutional, corporate and individual clients.
• Fixed Income Trading Intermediary trading of fixed-income instruments including provincial, sovereign and corporate bonds, with market maker capabilities in Argentine exchanges.
• Equities Trading Trading of stocks, options and bonds through BYMA and index futures, with expertise in emerging-market equities.
• Derivatives Trading Foreign exchange futures and stock-market index futures via ROFEX interconnection, used for hedging and price-volatility positioning.
• Capital Markets Advisory Origination, structuring and placement of initial public offerings, negotiable instruments, financial trusts and shares for companies, the public sector and financial institutions in the Argentine capital market.
• SME Negotiable Bonds (ON Pyme) Capital-market product specifically structured for SMEs to raise financing in the Argentine capital market.
• Mutual Guarantee Checks (SGR) Negotiation of checks guaranteed by mutual guarantee associations (SGR) used as an SME financing instrument.
• Financial Trusts Structuring Structuring and placement of financial trust vehicles, including structured products such as Sicom Credits Financial Trust and Prever Financial Trust.
• Asset Management Design and management of customized investment portfolios based on client profitability and risk objectives, providing access to local and international investment products in pesos and dollars.
• Mutual Funds Distribution Distribution of third-party mutual funds from partner asset managers — FIMA, Galileo, Quinquela, Schroders and StoneX — accessible through the Global Valores platform without separate accounts.
• Macroeconomic and Sector Research Weekly and monthly macro research, sector-specific industry reports and analysis of Argentine and regional markets, debt issuers and publicly traded companies.
• Financial Advisory (M&A and Valuation) Advisory services covering business valuation, mergers and acquisitions, and corporate finance for corporate, SME and public-sector clients.
• Home Broker Online Trading Platform Online trading platform for clients to execute securities trades and manage accounts, integrated with TradingView for real-time market data and charting.
• Global Valores Mobile Application Native iOS and Android application enabling Global Valores clients to trade securities and manage accounts from mobile devices.

Named customers7 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

Five partnerships are on record, tiered core.

• FIMAcoreChannel Partner/ Reseller/ DistributorFondo Común de Inversión FIMA - Global Valores is registered as a Distribution Agent for FIMA mutual funds, allowing clients to invest in FIMA products through the Global Valores platform without requiring a separate account with FIMA.
• GalileocoreChannel Partner/ Reseller/ DistributorGalileo asset management - Partnership for mutual fund distribution, enabling clients to access Galileo investment products through Global Valores platform.
• QuinquelacoreChannel Partner/ Reseller/ DistributorQuinquela investment funds - Mutual fund distribution partnership allowing access to Quinquela products via Global Valores platform.
• SchroderscoreChannel Partner/ Reseller/ DistributorSchroders asset management - International mutual fund distribution partnership, providing clients access to Schroders global investment products.
• StoneXcoreChannel Partner/ Reseller/ DistributorStoneX financial services - Partnership for distribution of StoneX investment products and services.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Peers

• Banco Galicia (Inversiones y Valores / ALyC):

Direct peers

• SBS Grupo: Argentine broker-dealer and asset manager with research, trading, and corporate advisory services. Competes directly in fixed-income market making and institutional sales & trading in Argentina.
• Bull Market Brokers: Online Argentine broker-dealer focused on retail and institutional securities trading via digital platforms. Comparable in self-serve trading execution and BYMA membership.
• Puente (Puente Hnos.): Argentine broker-dealer providing equities, fixed-income trading, corporate advisory, and asset management through its own platform. Comparable multi-product offering for institutional and corporate clients in BYMA and MAE.
• Balanz Capital: Argentine broker-dealer and asset manager offering online trading, mutual funds, and fixed-income products to retail and institutional clients. Direct competitor in Sales & Trading and Asset Management with similar multi-channel platform strategy.

Emerging players

• AdCap Securities Argentina: Latin American-focused broker with Argentine operations providing fixed-income sales/trading and corporate advisory. Comparable in cross-border capital markets capabilities, though smaller and more emerging.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/equity_global
• Facebookfacebook.com/Globalvaloresok
• LinkedInlinkedin.com/company/global-equity

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

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 Global Valores