Portfolio Investment

What Portfolio Investment does

Portfolio Investment S.A. (dba PISA) is an Argentine financial services firm founded in 1993, licensed by the Comisión Nacional de Valores (CNV) as Agente de Liquidación y Compensación Integral N° 282 and Agente de Colocación y Distribución Integral N° 130. The company operates a full-service brokerage and capital markets intermediation platform built around four pillars: Sales & Trading for institutional execution, Capital Markets for corporate and PyME financing structuring, Asset Management for treasury and liquidity strategies, and Wealth Management for individual portfolio advisory. Its product suite spans investment products (Fondos/FCIS, CEDEARs, Cauciones Colocadoras, Dólar Mep) and financing instruments (CPD, Echeqs, FCE, Fideicomisos Financieros, Pagarés, Obligaciones Negociables, SGR-backed letters of credit), distributed via direct specialist advisory, a producer-agent network, and self-serve digital channels (web DMA platform and mobile onboarding app).

The firm serves a horizontally segmented client base spanning Corporativos, PyMEs, Institucionales, Individuos (high-net-worth and retail), and Sector Público. Revenue is generated through three streams: transaction and brokerage commissions on capital markets execution, fees from financing structuring for corporates and PyMEs, and recurring advisory/management fees on managed portfolios. Pricing is not publicly tiered; an Aranceles fee schedule is hosted on the company's website.

Portfolio Investment is privately held, headquartered at Carlos Pellegrini 855, 9th Floor in Buenos Aires, with a regional office at the Polo Científico y Tecnológico de Neuquén serving the Vaca Muerta Oil & Gas sector. Leadership comprises President Alejandro Teran, Vice President Andrés Jardón, and executive team member Nicolás Rosenfeld. In 2025 the firm executed a rebrand and geographic expansion to Neuquén, signaling reinvestment in both brand equity and energy-sector penetration. The company is FATCA-compliant as a Foreign Financial Institution and operates with a lean headcount of 11–50 employees.

Name

Portfolio Investment

Legal name

Portfolio Investment S.A.

Website

https://portfolioinvestment.com.ar

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

51–100 employees

Short description

Argentine licensed broker-dealer (CNV ALyC N°282, AND N°130) founded in 1993, offering sales & trading, capital markets financing, asset management, and wealth management to corporates, PyMEs, institutional clients, and individuals, with offices in Buenos Aires and Neuquén.

Ownership category

akta.pro rank

Product category

Brokerage and Capital Markets Services

NAICS

Portfolio Management and Investment Advice (523940), Investment Banking and Securities Intermediation (523150)

SIC

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

akta.pro primary industry

Portfolio Construction & Asset Allocation Advisory (FSAEAAAC)

akta.pro secondary industries

Execution-Only / Self-Directed Investing Platforms (FSAAAAAI), Corporate Finance & Capital Advisory (BPAHADAB)

Keywords

• Asset management services
• Wealth management advisory
• Capital markets brokerage
• Sales and trading
• Corporate financing solutions

Headquarters

HQ city

Buenos Aires

HQ country

Argentina

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Transaction and brokerage fees: Revenue generated from executing trades and operations in the Argentine capital markets, including sales & trading services for institutional clients, and brokerage on investment products such as funds, CEDEARs, Cauciones Colocadoras, Echeqs, and other instruments.
2. Capital markets financing structuring: Fees from structuring and facilitating financing solutions for corporates and PyMEs, including Cheques de Pago Diferido (CPD), Echeqs, Factura de Crédito Electrónico (FCE), Fideicomisos Financieros, Pagarés, Obligaciones Negociables (ONs), and Cauciones y pases.
3. Asset and wealth management advisory: Advisory and management fees from asset management (treasury administration, financial risk hedging, liquidity strategies) and wealth management services (portfolio advisory and administration for individuals).

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Portfolio Investment is a CNV-licensed Argentine broker-dealer that provides integrated investment and financing solutions across four service pillars: Sales & Trading for institutional execution, Capital Markets for corporate and PyME financing structuring, Asset Management for treasury and liquidity strategies, and Wealth Management for individual portfolio advisory. The firm distributes a set of Argentine capital markets instruments — including Fondos, CEDEARs, Cauciones Colocadoras, Cheques de Pago Diferido, Echeqs, Factura de Crédito Electrónico, Fideicomisos Financieros, Pagarés, Obligaciones Negociables, and Dólar MEP — through a Direct Market Access web platform, a mobile application, and direct specialist advisory.

Product overview

Portfolio Investment S.A. is a financial services company operating as an ALyC (Agent of Liquidation and Compensation) and AND (Agent of Placement and Distribution) registered with the Argentine National Securities Commission (CNV). The company offers a comprehensive suite of services organized around four core pillars: (1) Sales & Trading and DMA platform for institutional client execution; (2) Capital Markets for corporate and PyME financing through instruments including CPD, Echeqs, FCE, Financial Trusts, and Negotiable Obligations; (3) Asset Management for treasury and liquidity strategies; and (4) Wealth Management for individual investors. Investment products include Fondos (FCIS), Cedears, Cauciones Colocadores, and Dólar Mep. The offering is a service-based model without a unified software platform, combining advisory services with direct market access through proprietary web and mobile applications.

Differentiator

Problem solved

Functional benefit

Products and services

• Sales & Trading Differentiated execution service for institutional clients that identifies investment opportunities and operates trades in the Argentine capital markets, supported by the firm's CNV ALyC licensing.
• Capital Markets
• Asset Management
• Wealth Management
• Fondos (FCIS) Investment in Argentine financial investment funds (FCIS) offering returns similar to fixed-term deposits with flexible peso withdrawals, distributed through Portfolio Investment's investment platform.
• CEDEARs
• Cauciones Colocadoras
• Dólar MEP
• Cheques de Pago Diferido (CPD)
• Echeqs
• Factura de Crédito Electrónico (FCE)
• Fideicomisos Financieros (FF)
• Pagarés y Obligaciones Negociables (ONs)
• Cauciones y Pases
• Acceso a SGR y Gestión de Avales
• DMA (Direct Market Access) Trading Platform
• Cuenta Online App

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves6 records

Expansion highlights6 records

Regional players

• XP Investimentos: Leading Brazilian broker with open-finance, fixed income, funds, and wealth management offerings; relevant as a regional comparable for the digital-first, advisory-led model Portfolio Investment is building.

Direct peers

• Cohen Sociedad de Bolsa: Argentine broker specializing in capital markets, fixed income, and wealth management, with comparable target segments including corporates and high-net-worth individuals.
• Portfolio Personal de Inversiones (PPI): Argentine retail and HNW broker with self-directed digital platform plus advisory services, comparable to Portfolio Investment's Cuenta Online App and wealth management offering.
• Allaria Ledesma & Cía. Argentine full-service broker-dealer providing trading, corporate finance, fixed income, and wealth management — a direct peer to Portfolio Investment's integrated capital markets and advisory franchise.
• CNV-registered Agentes de Liquidación peers (SBS, Tavelli): Other long-tenured Argentine ALyC brokers (e.g., SBS Trading, Tavelli) offering comparable sales & trading and corporate capital markets services within the same CNV regulatory perimeter.
• IEB (Invertir en Bolsa): Long-standing Argentine ALyC broker offering trading, corporate financing, and investment advisory to institutional and individual clients in the same product universe as Portfolio Investment.
• Balanz Capital: Argentine ALyC broker offering sales & trading, asset management, wealth management, and corporate capital markets services — directly overlapping Portfolio Investment's four-pillar offering in the same domestic market.

Broad incumbents

• Interactive Brokers: Global multi-asset broker with a self-directed platform and broad market access; competes indirectly with Portfolio Investment's DMA platform for Argentine retail and institutional clients seeking foreign-market execution.
• Banco Galicia (brokerage arm): Large Argentine commercial bank with an in-house brokerage and asset management division; competes with Portfolio Investment across retail trading, corporate finance, and wealth management, but as part of a much broader banking franchise.

Emerging players

• Balanz Asset Management: Argentine fund manager (FCI) offering money-market and fixed-income funds similar to Portfolio Investment's Fondos (FCIS) product line; partial overlap on the asset management pillar.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/portfolioinvestment
• Instagraminstagram.com/portfolioinvestment_ar
• Facebookfacebook.com/PortfolioInvestment.ar

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Portfolio Investment