MB Associados

What MB Associados does

MB Associados is a privately held Brazilian macroeconomic research and consulting firm headquartered in São Paulo, founded in 1978 and operating with 11-50 employees. The company delivers subscription-based economic intelligence focused primarily on the Brazilian economy, with incremental international coverage. Its research output is produced by a small, named team of senior economists — José Roberto Mendonça de Barros, Maria Cristina Mendonça de Barros, and Sergio Vale — whose commentary anchors the firm's brand and content cadence.

The firm's product portfolio is delivered through a gated subscription website and consists of complementary content services: Comentário Macroeconômico and Comentário Político for regular written analysis, Informe Semanal and Informe Diário for periodic indicator coverage, Notas e Alertas for time-sensitive notifications, a Banco de Dados aggregating macroeconomic series from primary Brazilian and international sources (IBGE, FGV, Banco Central do Brasil, SRF, BEA, University of Michigan, European Commission), audio podcasts with archives extending back to 2012, video presentations, and monthly Macroeconomic Outlook presentations. The underlying technology stack is a conventional CMS-backed content platform; no AI/ML, API, or SDK capabilities are disclosed.

MB Associados generates revenue primarily through recurring subscription fees paid by clients accessing exclusive analysis. Its customer base targets a horizontal B2B audience — Brazilian businesses, financial institutions, investors, and government entities — requiring macroeconomic intelligence and political scenario assessment. The go-to-market motion is sales-led and direct, with prospects reaching the firm via a São Paulo phone line (+55(11) 3195-1820) and an online registration flow, supplemented by organic presence on Facebook and LinkedIn. Pricing is not publicly disclosed, and the firm has no external investors, parent company, or disclosed funding rounds.

Name

MB Associados

Legal name

MB Associados

Website

https://mbassociados.com.br

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

MB Associados is a São Paulo-based macroeconomic research firm providing subscription-based Brazilian economic intelligence — including commentary, reports, a curated database, podcasts, and presentations — to businesses, financial institutions, investors, and government entities.

Ownership category

akta.pro rank

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Subscription Services: MB Associados generates revenue primarily through subscription services, offering exclusive macroeconomic analysis, political commentary, and economic reports to clients. The subscription model provides recurring revenue with clients paying for access to premium content including weekly reports, daily updates, podcasts, and macroeconomic presentations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

MB Associados is a Brazilian macroeconomic research and consulting firm that delivers subscription-based economic intelligence for Brazil and global markets. Its offerings include macroeconomic and political commentaries, weekly and daily informes, real-time notes and alerts, an economic database sourced from IBGE, FGV, Banco Central do Brasil, BEA, and others, multimedia podcasts and videos, and monthly macroeconomic outlook presentations covering GDP, inflation, interest rates, and exchange rates.

Product overview

MB Associados is a Brazilian macroeconomic research and consulting firm offering a subscription-based content platform. The portfolio consists of multiple complementary services including macroeconomic and political commentary, periodic reports (weekly and daily informes), alerts, a comprehensive economic database, multimedia content (podcasts and videos), and periodic Macroeconomic Outlook presentations. The core offering centers on economic intelligence and forecasts for Brazil, with products serving subscribers who pay for exclusive access to analysis.

Differentiator

Problem solved

Functional benefit

Products and services

• Comentário Macroeconômico
• Comentário Político
• Informe Semanal
• Informe Diário
• Notas e Alertas
• Banco de Dados
• Podcasts
• Vídeos
• Macroeconomic Outlook Presentations

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves1 record

Expansion highlights3 records

Direct peers

• LCA Consultores: Brazilian economic consulting firm producing macroeconomic analysis, sectoral studies, and policy commentary for institutional clients. Closely overlapping with MB Associados in service offering and customer base.
• TS Lombard: Global macro research firm offering subscription-based economic and political analysis to institutional investors. Directly comparable subscription macro product targeting the same institutional audience.
• Capital Economics: Independent macroeconomic research provider covering global economies, including emerging markets like Brazil. Comparable in delivering subscription-based macro content to financial and corporate subscribers.
• Tendências Consultoria Integrada: Leading Brazilian macroeconomic consultancy providing scenarios, forecasts, and market intelligence to corporate and financial clients. Directly comparable to MB Associados in product, customer type, and Brazil-only scope.
• BCA Research: Global independent investment research firm focused on macroeconomic strategy and asset allocation insights. Comparable in subscription-driven macro research delivered to institutional investors.
• GO Associados: Brazilian macroeconomic consultancy offering economic scenarios and forecasts to corporate and financial clients. Directly competitive with MB Associados in the Brazil-focused institutional research niche.
• Gavekal Research: Independent research firm specializing in Asian and emerging-market macroeconomic analysis delivered via subscription. Comparable in macro subscription model and emerging-market focus that extends into Brazil-relevant global analysis.

Broad incumbents

• Bradesco BBI Research: Research and investment banking division of Bradesco offering macroeconomic analysis and market intelligence. Comparable in Brazil macro research coverage but operates inside a large banking group.
• Itaú BBA Research: Research arm of one of Brazil's largest banks, producing macroeconomic and sectoral analysis for institutional clients. Overlaps with MB Associados in Brazil-focused macro research but is part of a much broader financial services franchise.

Emerging players

• Variant Perception: Subscription macro research service focused on disinflationary and structural global themes. Comparable in subscription macro research delivery model, with some overlap in emerging-market macro coverage relevant to Brazil.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/mbassociados
• LinkedInlinkedin.com/company/mb-associados
• Xx.com/MBAssociados1

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 MB Associados