What Diaphanum Valores does

Diaphanum Valores S.V. S.A.U. is a Madrid-headquartered, CNMV-registered (registration number 265) independent financial advisory firm founded in 2016, operating under the legal form Sociedad de Valores (Securities Brokerage) - Sociedad Anónima Unipersonal. The firm provides holistic wealth advisory services — including discretionary portfolio management, financial planning, estate and succession planning, real estate advisory, and reporting — exclusively on a fee-only basis, explicitly renouncing third-party commissions and product incentives. Its target segments are high net worth individuals, family offices and family businesses, and foundations and endowments, with growing institutional exposure.

The firm's core technology is a proprietary multi-custodian portfolio aggregation platform that consolidates client positions across multiple banks and jurisdictions (Spain, Luxembourg, Switzerland, and the United Kingdom) into a single advisor-facing and client-facing view, supported by a real-time client portal (Liquid Investments and Illiquid Investments interfaces) and risk analysis tooling used by the in-house investment team. Seven product pillars comprise the offering: Liquid Investments, Illiquid Investments (private equity, private debt, real assets), Real Estate, Financial Planning, Consolidation & Aggregation, Foundations & Endowments, and Financial Consulting.

Diaphanum monetizes through recurring advisory fees, with pricing disclosed ex-ante and ex-post via a published Tariff Brochure. Distribution is achieved through a combination of 9 company-owned offices across Spain (Madrid HQ, Barcelona, Bilbao, Alicante, Murcia, Burgos, Vigo, Vitoria) plus a Miami office covering Central America and the Southern Cone, alongside an agency network (red agencial) of independent financial agents under commercial contract. Reported scale includes approximately €4,000M in assets under advisement, roughly 2,500 client households, 80-100 professionals, and 32% year-over-year revenue growth in 2023.

Name

Diaphanum Valores

Legal name

Diaphanum Valores, SV, S.A.U.

Website

https://diaphanum.es

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Diaphanum Valores is a Madrid-based, CNMV-registered independent financial advisory firm serving high net worth individuals, family offices, and foundations in Spain through fee-only, multi-custodian wealth management using a proprietary portfolio aggregation platform across European jurisdictions.

Ownership category

akta.pro rank

Product category

Wealth Management Services

NAICS

Portfolio Management and Investment Advice (523940), Trust, Fiduciary, and Custody Activities (523991), Trusts, Estates, and Agency Accounts (52592)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)

akta.pro primary industry

Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)

akta.pro secondary industries

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA), Private Banking & UHNW Wealth Advisory (FSAEABAC), Trust & Fiduciary Advisory for HNW/UHNW (Trust Structuring & Trustee Oversight) (FSAAABAF), Estate, Gift & Trust Valuation (BPAHANAL)

Keywords

• Independent financial advisory
• Wealth management services
• Portfolio consolidation
• Multi-custodian advisory
• Financial planning advisory

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices9 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Financial Advisory Fees: Diaphanum charges advisory fees for its independent financial advisory services. The company explicitly does not accept any type of incentive, commission, or other monetary or non-monetary benefits from third parties in relation to the provision of independent advisory services. This fee-only model eliminates conflicts of interest inherent in commission-based advisory.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Diaphanum Valores provides independent, fee-only financial advisory and wealth management services to high net worth individuals, family offices, family businesses, and foundations/endowments. The firm delivers holistic patrimonial advisory across liquid investments (fixed income, equities, treasury, liquid alternatives), illiquid investments (private equity, private debt, real assets), real estate, financial planning, and portfolio consolidation, supported by a proprietary technology platform that enables multi-custodian aggregation and real-time reporting across Spain, Luxembourg, Switzerland, and the United Kingdom.

Product overview

Diaphanum Valores is an independent financial advisory firm operating as a single unified service model focused on holistic wealth management. The core offering centers on independent financial advisory without conflicts of interest, encompassing seven main service lines: Liquid Investments (fixed income, equities, treasury, liquid alternatives), Illiquid Investments (private equity, private debt, real assets), Real Estate, Financial Planning, Consolidation & Aggregation, Foundations & Endowments, and Financial Consulting. The firm supports these services with a proprietary technology platform including a client portal for real-time portfolio monitoring and reporting. All services are delivered through an open architecture model with multi-custodian and multi-jurisdiction capabilities across Spain, Luxembourg, Switzerland, and the United Kingdom.

Differentiator

Problem solved

Functional benefit

Products and services

• Liquid Investments (Inversiones Líquidas) Advisory service covering liquid financial assets including government and private fixed income bonds, equities, treasury products, and liquid alternative investments such as gold and catastrophe bonds. Targeted at clients seeking transparent, conflict-free selection across public and liquid alternative markets.
• Illiquid Investments (Inversiones Ilíquidas) Advisory service for private equity, private debt (senior, junior, and distressed), and real assets including infrastructure and real estate investment strategies. Targeted at sophisticated clients and institutions building exposure to alternative, illiquid asset classes.
• Real Estate Advisory service covering real estate investments, including value generation strategies, opportunistic approaches, and stabilized rental properties. Targeted at clients seeking dedicated real estate investment advisory integrated into their overall wealth plan.
• Financial Planning Comprehensive financial planning service including savings and investment plans, retirement planning, tax optimization, and wealth succession planning. Targeted at individuals and families needing long-term holistic planning beyond investment selection.
• Consolidation & Aggregation Portfolio consolidation and aggregation service providing a unified view of client assets across multiple financial institutions and custodian banks. Targeted at clients whose wealth is spread across several banks and who want a single, transparent overview with consistent reporting.
• Foundations & Endowments Specialized advisory service for foundations and endowments, managing their endowment portfolios and investment strategies with focus on long-term preservation and returns. Targeted at foundations and endowments that need conflict-free, multi-asset-class investment management.
• Financial Consulting General financial consulting services providing holistic wealth management advisory for high-net-worth clients, including bespoke analysis and strategic recommendations on complex wealth situations. Targeted at high-net-worth individuals and family principals requiring ad hoc strategic consulting.

Quantifiable outcome

• 32% year-over-year growth in 2023
• +1 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered minor.

• IronIA FintechminorChannel Partner/ Reseller/ DistributorIronIA Fintech is listed as a financial agent (Agent Financer) in Diaphanum's agency network. It is described as a Spanish fintech company offering an innovative investment platform to help people save and invest more intelligently. The partnership provides an additional channel for reaching clients through technology-enabled advisory services.
• Beta CapitalminorChannel Partner/ Reseller/ DistributorListed as a financial agent in Diaphanum's agency network in Madrid.
• Famly Enterprise PartnersminorChannel Partner/ Reseller/ DistributorListed as a financial agent in Diaphanum's agency network in Madrid.
• Four Trees WMminorChannel Partner/ Reseller/ DistributorListed as a financial agent in Diaphanum's agency network in Madrid, represented by Juan Aguirre Fernández.
• ITACA AdvisorsminorChannel Partner/ Reseller/ DistributorListed as a wealth management partner (Gestió de Patrimonis - Soci) in Diaphanum's agency network in Madrid.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• MyInvestor: Spanish digital wealth manager offering automated and advised portfolios at lower fee points; represents the emerging digital/robo-advisory threat to traditional fee-only advisors like Diaphanum in the broader HNW-adjacent segment.
• Open Value Capital: Spanish independent wealth advisory firm serving HNW and family office clients with open-architecture portfolios; overlaps with Diaphanum's positioning in the Spanish independent advisory market.

Direct peers

• Renta 4 Banco: Spanish independent bank specializing in asset management, brokerage, and wealth advisory for retail and HNW clients; competes head-to-head with Diaphanum in Spanish independent wealth advisory and securities services.
• A&G Banca Privada: Independent Spanish private bank serving HNW/UHNW clients with discretionary management and advisory; competes with Diaphanum for the same Spanish HNW segment using a similar fee-based, open-architecture approach.
• Singular Bank: Independent private bank in Spain offering wealth advisory, asset management, and execution services to HNW clients; closely overlaps with Diaphanum's positioning as an alternative to traditional private banking.
• Consulnor: Spanish independent financial advisory firm with offices in Bilbao, Madrid, Barcelona, and Vitoria; multiple Diaphanum partners (Lecanda, Barrenechea, Armentia) are alumni, and the firm competes in the same HNW advisory niche in northern Spain.
• Tressis: Madrid-headquartered independent wealth management firm in Spain offering discretionary portfolio management and advisory to HNW clients through a multi-channel model — directly comparable to Diaphanum's independent, multi-custodian offering.

Others

• EFA Finance (EFPA Spain members / EAF firms): Industry association and ecosystem of Spanish EAF (Empresas de Asesoramiento Financiero) firms that share Diaphanum's independent advisory regulatory model; represents the broader competitive set of CNMV-registered independent advisors in Spain.

Broad incumbents

• Andbank (Spain): Andorra-headquartered private banking group with a large Spanish operation offering wealth advisory and discretionary management to HNW/UHNW clients — a broader incumbent alternative to Diaphanum in the same Spanish market.
• Creand Wealth (Spain): Andorra-based private bank with Spanish wealth management operations serving HNW families; competes with Diaphanum for cross-border Spanish wealth, particularly with international structuring needs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/diaphanum_sv
• Facebookfacebook.com/diaphanum.valores
• LinkedInlinkedin.com/company/diaphanum-valores-s.v.

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 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 Diaphanum Valores