ACapital
ACapital BB Agencia de Valores, SA is a CNMV-regulated Spanish securities agency offering independent fee-based wealth management, investment advisory, and fund distribution to high-net-worth individuals, families, SICAVs, and corporate entities.
- Company typePrivate
- Founded2016
- HeadquartersBarcelona, Spain
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
ACapital firmographics
Firmographics- Name
- ACapital
- Legal name
- ACapital BB Agencia de Valores, SA
- Website
- https://acapital.es
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- ACapital BB Agencia de Valores, SA is a CNMV-regulated Spanish securities agency offering independent fee-based wealth management, investment advisory, and fund distribution to high-net-worth individuals, families, SICAVs, and corporate entities.
- Ownership category
- akta.pro rank
ACapital industry classification
Industry- Product category
- Wealth Management and Investment Advisory
- NAICS
- Portfolio Management and Investment Advice (523940), Investment Banking and Securities Intermediation (523150), Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)
- akta.pro primary industry
- Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)
- akta.pro secondary industry
- Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)
Keywords
Where ACapital is headquartered
LocationHeadquarters
- HQ city
- Barcelona
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
ACapital business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Advisory Fees: Revenue is generated solely through fees charged for investment advisory services. ACapital does not sell proprietary products, ensuring full independence in recommendations. The firm also negotiates with financial entities on behalf of clients to secure preferential financing conditions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Fee-based advisory services — no proprietary product commissions |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
ACapital product offering
Product offeringCore offering
ACapital BB Agencia de Valores is an independent Spanish securities agency (CNMV registration 270) providing fee-based wealth management and investment advisory services. Its core offering spans three pillars: (1) investment fund distribution (Comercialización de IIC) providing access to SICAVs, mutual funds, equities, fixed income, and mixed-asset funds from major international managers; (2) financial advisory (Asesoramiento) including tactical asset allocation, investment selection, risk control, alternative investments (VC, PE, real estate), and patrimonial restructuring; and (3) intermediation through the BlackTrader/Blackbird Trading Experience platform for order transmission, real-time portfolio valuation, and customized reporting.
Product overview
ACapital BB Agencia de Valores is an independent wealth management and investment advisory firm regulated by the CNMV (registration number 270). The company operates a platform-plus-services model consisting of three core components: (1) Comercialización — a fund distribution service offering access to over 30 investment funds (SICAVs, mutual funds) across global equities, US equities, European equities, fixed income, and mixed asset categories from major managers like BlackRock, JP Morgan, PIMCO, and Vanguard; (2) Asesoramiento — an independent financial advisory service covering tactical asset allocation, investment selection, risk control, cost monitoring, and alternative investments including venture capital and private equity; and (3) BlackTrader/Blackbird Trading Experience — the company's proprietary trading and reporting platform enabling order transmission, real-time portfolio valuation, and customized reporting. Additional services include corporate advisory on capital structure and M&A, investment report preparation, and negotiation with financial institutions for preferential terms.
Differentiator
Problem solved
Functional benefit
Brands
- Blackbird Trading Experience: A registered brand of ACapital BB, Agencia de Valores, S.A. providing trading services, including BlackTrader platform and Mesa trading services.
- Blackbird
Products and services
- Financial Advisory (Asesoramiento Financiero) Independent financial advisory service for individuals and legal entities covering tactical asset allocation, investment selection (stocks, bonds, funds), risk control, cost monitoring, and wealth restructuring with alternative solutions such as venture capital and private equity.
- Investment Funds Distribution (Comercialización de IIC) Distribution of Investment Institutions (IICs) including SICAVs, mutual funds, and alternative investments across global equities, US equities, European equities, sectoral equities, mixed-asset funds, and fixed income, from managers including BlackRock, JP Morgan, PIMCO, Vanguard, Goldman Sachs, Schroders, BNY Mellon, Morgan Stanley, Franklin Templeton, Allianz, Capital Group, and others.
- BlackTrader / Blackbird Trading Experience Proprietary trading platform brand providing order reception and transmission, real-time portfolio valuation, and customized reporting through an integrated web interface, along with associated Mesa execution services.
- Corporate Advisory Services Advisory services for corporate clients on capital structures, industrial strategy, and mergers and acquisitions, including general investment recommendations for legal entities.
- Investment Report Preparation (Elaboración de Informes de Inversión) Investment report preparation and financial analysis services, including general recommendations on financial instruments for client decision-making.
Companies that use ACapital
Customer profileSegments2 records
Ideal customer profiles2 records
ACapital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
ACapital partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Interactive BrokerscoreInteractive Brokers provides trade execution, settlement, and custody services to ACapital and its clients. ACapital delegates custody and administration of deposits to Interactive Brokers, ensuring clients benefit from a regulated, professional execution and clearing infrastructure. Interactive Brokers is a globally recognized online brokerage firm.
- Inversis BancocoreInversis Banco provides custody, administration, and settlement services for ACapital clients. ACapital delegates custody and administration functions to Inversis Banco, which is a regulated Spanish financial institution. Inversis also provides access to third-party investment funds through its platform.
- Blackbird Trading Experience (Blackbird)coreBlackbird Trading Experience is a registered brand of ACapital BB Agencia de Valores, S.A., operating as the trading platform brand. It is regulated and supervised by the CNMV with registration number 270 and adherida al FOGAIN. Blackbird provides online trading services including BlackTrader (self-directed trading platform) and Mesa (execution services), with associated fee schedules.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
ACapital competitors and assessment
Company assessmentDirect peers
- GVC Gaesco: GVC Gaesco is a Spanish broker-dealer group offering securities brokerage, asset management (Gaesco), and advisory across institutional and retail channels. Comparable on intermediation (brokerage), fund distribution via proprietary and third-party vehicles, and CNMV-regulated presence in Spain.
- Abante Asesores: Abante is a Spanish independent advisory group (Abante Asesores and Mutuactivos-affiliated) focused on discretionary portfolio management and advisory for affluent families. Comparable on independence positioning, multi-vehicle offering (mutual funds, SICAVs, alternatives), and family-office-style client service in Spain.
- Renta 4 Banco: Renta 4 is a Spain-listed independent broker and wealth manager with a strong fund distribution platform (Renta 4 Gestora, Renta 4 Pensiones) and online trading. Directly comparable for the trading/distribution platform, fund shelf breadth, and target HNW/affluent clients, though at much larger scale.
- Andbank (Spain desk): Andbank is an Andorran private bank with a growing Spanish wealth management presence offering independent advisory, fund distribution, and discretionary portfolios to HNW individuals. Comparable on independent advisory positioning, multi-custodian fund access, and HNW client base via direct advisor relationships.
- Singular Bank: Singular Bank (formerly SELF Bank, now owned by Mutua Madrileña/Aviva) is a tech-enabled Spanish wealth manager and private bank serving affluent and HNW clients with advisory plus execution. Comparable on HNW advisory, digital execution, and curated product shelf targeting Spanish households.
- EBN Banco de Negocios: EBN Banco is a Spanish independent bank specialized in treasury, brokerage, and wealth solutions for professional and HNW clients, operating a regulated plataforma de fondos. Comparable on CNMV-regulated status, fund distribution platform, and corporate advisory (capital markets, M&A) offerings in Spain.
- Tressis Gestión: Tressis is a Spanish independent wealth manager offering multi-manager fund portfolios, advisory, and execution to affluent and HNW clients. Closely comparable to ACapital in target segment (Spanish HNW), product style (third-party fund selection, no proprietary manufacturing), and reliance on advisory/platform revenue.
Emerging players
- Myinvestor: Myinvestor is a Spanish digital wealth and broker platform (backed by Andbank, El Corte Inglés Seguros, AXA, etc.) offering index funds, managed portfolios, and execution at low fees. Comparable as an emerging low-cost alternative in the Spanish HNW/affluent segment, but focused on self-directed and robo-portfolios rather than bespoke advisory.
Broad incumbents
- Openbank: Openbank is the digital bank of Santander Group, offering investment funds, brokerage, and advisory-adjacent services digitally in Spain and Europe. Comparable on digital execution platform and Spanish retail/HNW wealth products, but as part of a much wider incumbent retail bank portfolio rather than a specialist.
Regional players
- Caser Asesores Financieros: Caser Asesores Financieros is the wealth advisory arm of Spanish insurer Caser, providing financial planning, fund selection, and portfolio advisory to retail and HNW clients in Spain. Comparable on Spanish advisory-led model for families and individuals, but anchored to an insurance parent rather than purely independent.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
ACapital social profiles
Digital presenceACapital compliance and trust
Trust signalCompliance3 records
ACapital financial estimates
Financial estimateRevenue estimate
Valuation estimate
ACapital leadership team
Management profileNumber of profiles
ACapital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ACapital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ACapital
What does ACapital do?
ACapital BB Agencia de Valores is an independent Spanish securities agency (CNMV registration 270) providing fee-based wealth management and investment advisory services. Its core offering spans three pillars: (1) investment fund distribution (Comercialización de IIC) providing access to SICAVs, mutual funds, equities, fixed income, and mixed-asset funds from major international managers; (2) financial advisory (Asesoramiento) including tactical asset allocation, investment selection, risk control, alternative investments (VC, PE, real estate), and patrimonial restructuring; and (3) intermediation through the BlackTrader/Blackbird Trading Experience platform for order transmission, real-time portfolio valuation, and customized reporting.
Is ACapital a public or private company?
ACapital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was ACapital founded?
ACapital was founded in 2016. It employs 1 to 10 people.
Where is ACapital based?
ACapital is headquartered in Barcelona, Spain, in the Europe region.
How does ACapital make money?
One revenue line is on record: advisory Fees.
Who are ACapital's main competitors?
Direct peers on record are GVC Gaesco, Abante Asesores, Renta 4 Banco, Andbank (Spain desk), Singular Bank, EBN Banco de Negocios and Tressis Gestión. Myinvestor is listed as an emerging player. Openbank is listed as a broad incumbent. Caser Asesores Financieros is listed as a regional player.
Does ACapital have an API?
No public API is recorded for ACapital.
What industry is ACapital in?
ACapital's product category is Wealth Management and Investment Advisory. Its primary akta.pro industry code is FSAAABAD, Advisory Portfolio Management (Non-Discretionary), with a secondary code of BPAHAOAL, Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory). Its NAICS code is 523940 and its SIC code is 6211.