Etti Partners

What Etti Partners does

Etti Partners is a Brazilian independent investment management firm headquartered at Rua Joaquim Floriano 72, Itaim-Bibi, São Paulo, with additional presence in Minas Gerais. Founded in 2023, the firm operates as a partnership of 8 sócios (partners), two of whom are publicly detailed: Luiz Carlos S. Aires, with 20 years of financial markets experience and a background spanning Morgan Stanley, Deutsche Bank, J.Safra, and co-founder of RPS Capital (which raised R$4 billion with leading Brazilian family offices); and Ricardo M. Modé, with 33 years of experience in fixed income and currencies, formerly of Santander, CreditLyonnais, JGP Asset, Banco Votorantim, and founding partner of Panamby Capital. The firm positions itself as an "independent global intelligence center" leveraging 25+ years of collective partner experience to analyze cross-border investment opportunities for its co-investors.

The firm operates three integrated service pillars: Gestão de Recursos (core asset management, recurring management fees), Investment Solutions (customized advisory and structuring, recurring fees), and Placement Agent (capital placement and fundraising intermediation, transaction fees). Underlying technology is described as an investment intelligence platform, though no proprietary AI, ML, or data features are disclosed. The go-to-market is direct, sales-led, and highly relationship-driven: all partners engage with each client, outreach is conducted via WhatsApp and personalized meeting requests, and pricing is quote-based rather than publicly disclosed. Target segments are Brazilian family offices and high-net-worth individuals seeking capital preservation, legacy perpetuation, and international access.

The business is CVM-registered and operates under a comprehensive governance stack covering ethics, risk management, KYC/AML (PLDFT), order allocation, asset selection, pricing, and internal controls. The firm is privately held by its partners, with no disclosed parent, institutional investor, or external funding. No revenue, AUM, client count, or growth metrics are publicly disclosed.

Name

Etti Partners

Legal name

Etti Partners

Website

https://ettipartners.com.br

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Etti Partners is a São Paulo–based independent investment management partnership serving Brazilian high-net-worth individuals and family offices through asset management, investment advisory, and capital placement services.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Miscellaneous Intermediation (52391)

SIC

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

akta.pro primary industry

Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC)

akta.pro secondary industry

Financial Planning–Led RIAs (FSAAACAB)

Keywords

• Wealth management services
• Asset management
• Investment advisory
• Family office services
• Capital placement

Headquarters

HQ city

São Paulo, SP

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Gestão de Recursos (Asset Management): Core asset management services providing investment intelligence and portfolio management to clients
2. Investment Solutions: Customized investment advisory and solutions for clients
3. Placement Agent: Capital raising and placement services for investment opportunities

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Etti Partners is an independent investment management firm offering personalized asset management (Gestão de Recursos), customized investment advisory and structuring (Investment Solutions), and capital placement services (Placement Agent) to high-net-worth individuals and family offices in Brazil. The firm positions itself as a global intelligence center that analyzes cross-border investment opportunities for its co-investors, supported by a robust governance and compliance framework registered with the CVM.

Product overview

Etti Partners operates as a unified platform offering three integrated service pillars: Gestão de Recursos (core asset management), Investment Solutions (advisory and strategy), and Placement Agent (capital placement). The services work together to provide comprehensive, personalized wealth management from investment analysis through execution and ongoing portfolio stewardship.

Differentiator

Problem solved

Functional benefit

Products and services

• Gestão de Recursos (Asset Management)

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Vinci Partners: Large Brazilian independent alternative investment and wealth management platform with private equity, credit, and asset management; broader incumbent that overlaps with Etti in HNW/family office wealth management.
• BTG Pactual (Wealth Management & Asset Management): Largest independent investment bank in Latin America with extensive asset management and private banking offerings for HNW and family offices; the dominant scaled incumbent against which Etti positions itself.
• XP Inc. (XP Private / Wealth Management): Brazilian financial services platform with a large private banking / wealth management arm serving HNW clients; broad incumbent that competes for the same family office wallet as Etti.

Direct peers

• Squadra Investimentos: Brazilian wealth and asset management firm targeting HNW individuals and family offices with multi-strategy portfolios; comparable target customer and distribution model.
• Verde Asset Management: Brazilian independent asset manager offering long-only and hedge strategies to HNW and institutional clients; comparable independent multi-strategy manager targeting similar allocator base as Etti Partners.
• Ibiuna Investimentos: Brazilian independent manager running macro and credit strategies for HNW and family office clients; comparable as a boutique Brazilian manager with strong institutional/HNW focus.
• JGP Asset Management: Brazilian independent multi-strategy asset manager (macro, equities, credit) serving HNW and institutional clients; comparable in mandate breadth and target client base, and notably a prior employer of one of Etti's partners.
• Capitânia Investimentos: Brazilian independent asset manager with fixed income, credit, and structured credit strategies for HNW and institutional clients; directly comparable in product scope and family office client focus.
• ARX Capital: Brazilian independent investment manager focused on long-term value strategies for institutional and HNW clients; directly comparable as an independent Brazilian manager serving family offices with discretionary portfolios.
• Panamby Capital: Brazilian independent fixed income and credit manager; directly relevant because Sócio Ricardo Modé was a founding partner, and the firm targets a similar institutional/HNW allocator base.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/ettipartners
• Facebookfacebook.com/ettipartners

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Etti Partners