Brazilian Family Office

What Brazilian Family Office does

TURIM is a private Multi-Family Office based in Brazil, positioned as the pioneer of the multi-family office model in the country. Founded in 2001, the firm serves high-net-worth families and institutional investors with three interconnected service pillars: (i) Global Asset Management (Gestão Global de Recursos), encompassing risk management, investor profiling, tactical and structural allocation, private equity and venture capital programs, and impact investing; (ii) Wealth Solutions, covering wealth planning and coordination, accounting coordination, offshore compliance, family governance and next-generation planning, and philanthropic planning; and (iii) Reports & Information Consolidation, delivered through an exclusive application providing global portfolio visibility and consolidated reporting. The firm operates from offices in Rio de Janeiro, São Paulo, and London (Turim UK), with a relationship-management-led GTM targeting affluent families and institutional clients seeking independent governance free from bank-affiliated conflicts of interest.

The underlying technology is centered on a proprietary consolidated reporting application that supports cross-asset portfolio monitoring and consolidated client reporting across multiple custodians and jurisdictions. Beyond this application, the firm does not disclose a broader technology platform, API layer, or SDK; integrations are not enumerated. Revenue is generated through AUM-based management fees and performance fees typical of multi-family office structures, though specific pricing is not publicly disclosed. The firm is structured as a private, partner-led entity led by its "Nossos Sócios" (partners), with no disclosed parent company, external institutional investors, or M&A activity. It maintains ANBIMA certification and UN PRI signatory status, has earned Euromoney recognition (Latin America's Best for Family Office Services 2025 and National Winners 2026 Brazil) and Leaders League recognition (2026), and publishes regular market insights through Cartas Turim letters, monthly economic reports, and Insights content.

Name

Brazilian Family Office

Legal name

TURIM

Website

https://turimbr.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

TURIM is a Brazilian private Multi-Family Office, founded in 2001, serving high-net-worth families and institutional investors with global asset management, wealth planning, and consolidated portfolio reporting through offices in Rio de Janeiro, São Paulo, and London.

Ownership category

akta.pro rank

Product category

Multi-Family Office Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Trust, Fiduciary, and Custody Activities (523991), Trusts, Estates, and Agency Accounts (525920)

SIC

Investment Advice (6282)

akta.pro primary industry

Estate Planning, Trust Structuring & Governance (FSAAADAF)

akta.pro secondary industries

Risk Management & Insurance Advisory for Families (FSAAADAK), Family Office Trust & Fiduciary Services (FSAEAKAF), Trust & Estate Tax Planning & Compliance (FSAEAKAE)

Keywords

• Multi-family office
• Wealth management
• Asset management
• Private equity
• Wealth planning

Headquarters

HQ city

Gastão Vidigal

HQ country

Brazil

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Wealth Management Fees: As a Multi-Family Office, TURIM likely generates revenue through AUM-based management fees and performance fees, though specific fee structures are not publicly disclosed.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

TURIM operates as a Multi-Family Office delivering three integrated service pillars for wealthy families: (1) Global Asset Management covering risk management, investor profiling, tactical and structural allocation, plus Private Equity, Venture Capital and Impact Investing programs; (2) Wealth Solutions including wealth planning, accounting coordination, offshore compliance, family governance and philanthropic planning; and (3) Reports & Information Consolidation with an exclusive application for portfolio monitoring. For institutional clients it provides independent governance and investment management with expertise in illiquid assets.

Product overview

TURIM operates as a Multi-Family Office platform in Brazil, offering a unified portfolio of services for wealthy families and institutional investors. The core offering consists of three interconnected service pillars: Global Asset Management (Gestão Global de Recursos) covering risk management, investment strategy, and alternative investments; Wealth Solutions encompassing financial planning, accounting coordination, compliance, and family governance; and Reports & Information Consolidation providing comprehensive portfolio reporting through an exclusive application. For institutional clients, TURIM provides independent governance and investment management with expertise in illiquid assets. The company also publishes regular market insights through its Cartas (letters), Reports, and Insights content series.

Differentiator

Problem solved

Functional benefit

Products and services

• Global Asset Management (Gestão Global de Recursos)

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor.

• ANBIMAminorOthersDisplayed as certification partner - ANBIMA is the Brazilian financial and capital markets association. TURIM maintains certification and compliance standards aligned with ANBIMA regulations.
• United Nations Principles for Responsible Investment (UN PRI)minorOthersOfficial signatory to UN PRI, demonstrating commitment to responsible investment practices and ESG integration in portfolio management.
• EuromoneyminorOthersEuromoney recognition through Private Banking Awards - an independent industry recognition that validates TURIM's position as a leading family office provider.

Recent moves6 records

Expansion highlights4 records

Direct peers

• Gávea Investimentos: Brazilian independent asset manager and wealth advisory firm with institutional and family-office clients. Highly comparable business model focused on independent governance and alternative-asset expertise.
• Glenmede: Independent U.S. multi-family office and investment manager serving wealthy families and institutional clients. Comparable independent-governance, fee-based, conflict-free model to TURIM.
• Bessemer Trust: U.S. multi-family office serving ultra-high-net-worth families with investment management, trust, and family-office services. Functionally analogous to TURIM at global benchmark scale.
• Mauá Capital: Brazilian independent wealth management and family office platform serving HNW families and institutions. Comparable independent, multi-asset advisory model to TURIM in the same market.
• Concord Family Office: Brazilian Multi-Family Office providing integrated wealth management to high-net-worth families. Directly comparable to TURIM in target customer, service breadth, and Brazil-centric model.

Broad incumbents

• Itaú Private Bank: Bank-owned private banking arm of Itaú Unibanco serving ultra-high-net-worth clients in Brazil. Competes directly with TURIM for HNW wealth but operates inside a universal bank distribution model.
• BTG Pactual Wealth Management: Largest Brazilian independent investment bank with a sizable wealth management and private banking arm. Competes for the same HNW and institutional clients but offers a much broader product set.
• XP Wealth (XP Inc.): Brazilian retail-and-affluent wealth platform with growing high-net-worth segment. Overlaps with TURIM in wealth management and advisory but operates at much larger scale with a different GTM.
• Pictet Wealth Management: Swiss-headquartered private bank and wealth manager serving HNW families globally. Overlaps with TURIM in cross-border wealth structuring and reporting but operates at much greater scale.

Emerging players

• StoneX Wealth Solutions: Global wealth advisory and family-office services provider with multi-jurisdictional footprint. Comparable to TURIM in cross-border wealth reporting and consolidated-portfolio capability.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/turimmfo

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Brazilian Family Office