Avante Financial Group

What Avante Financial Group does

Avante Financial Group is a Santiago, Chile-based multifamily office and alternative-investments firm founded in 2008 by Juan Ignacio Correa and Álvaro Pérez Uribe to deliver independent, non-discretionary wealth management advisory to high-net-worth families across Chile and Colombia. Over time, the firm expanded into institutional advisory (global custody, fund distribution, Luxembourg-domiciled fund structuring) and alternative investments — most notably real estate — and now operates from offices in Santiago and Bogotá, with real-asset deployments across Chile, Colombia, the United States, and Switzerland.

The firm generates revenue across five streams: recurring wealth-management advisory fees to HNW families, real-estate fund management fees and carried interest (including the Avante FCP real estate capital fund managed since 2020), structured-debt advisory on real-estate-backed financing, transaction fees from development and income-property equity investments, and managed-services/platform fees for institutional custody and cross-border fund distribution. Real-asset execution is operated through a curated operating-partner model — Acalis for Chilean senior living residences, a Chicago operating company for Lincolnshire Commons, and additional partners for Nashville, Cleveland, and Boise multifamily developments — with cumulative real estate assets invested exceeding US$ 1 billion across senior living, single-tenant retail, shopping-medical centers, and Class A multifamily developments.

The business is regulated in Chile through Avante Administradora General de Fondos S.A., a fund management entity supervised by the Comisión para el Mercado Financiero (CMF) created in 2020. The technology stack is not proprietary and is not a strategic differentiator; the firm relies on a bilingual corporate website (avantefg.com), a client dashboard (dashboard-avante.fintree.cl), and direct relationship-based distribution via the senior partner network rather than scalable digital channels. Go-to-market is sales-led and referral-driven, with the founding partners and a team of ~25 investment, legal, compliance, and operations professionals executing direct advisory engagements with institutional and family-office clients.

Name

Avante Financial Group

Legal name

Avante Financial Group

Website

https://avantefg.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Avante Financial Group is a Chile-based multifamily office and alternative-investments manager founded in 2008, providing independent wealth advisory to high-net-worth families in Chile and Colombia and managing US$ 1B+ in real estate investments across Chile, the United States, and Europe through its CMF-regulated fund management subsidiary.

Ownership category

akta.pro rank

Product category

Wealth Management and Real Estate Investment Advisory

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

akta.pro secondary industry

Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA)

Keywords

• Wealth management advisory
• Multifamily office services
• Real estate investment management
• Institutional asset management
• Investment fund management

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Wealth Management Advisory: Independent, non-discretionary advisory services on wealth management in Chile and Colombia, focused on high-net-worth families. Provides peace of mind through time, patience, and discipline in financial investments.
2. Real Estate Investment Fund Management: Management of investment funds including co-investment with clients, dedicated and transparent management, direct involvement in management, monitoring and control of investments. Revenue generated through fund management fees and carried interest.
3. Real Estate Development and Income Investments: Investments in real estate development and income-producing properties across commercial and residential segments. Revenue generated through financing with guarantee and equity investments.
4. Structured Debt Advisory: Advisory on structured debt with real estate guarantee, providing secured medium-term financing to development projects.
5. Institutional Services: Global custody services, access to investment platforms and systems for institutional clients. Platform distribution services for Chilean investment funds in international markets.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Avante Financial Group operates as a multifamily office providing independent, non-discretionary wealth management advisory services to high-net-worth families in Chile and Colombia. The firm manages real estate investment funds and direct investments across senior living, multifamily, retail, and commercial real estate segments in Chile, Colombia, the United States, and Europe. It also delivers institutional services including global custody, investment platform access, and structuring of Luxembourg-domiciled funds for international distribution.

Product overview

Avante Financial Group operates as a multifamily office and alternative investments firm specializing in investment management and advisory to institutional investors and high-net-worth clients. The company offers three core service pillars: (1) Multifamily Office Services for wealth management, (2) Real Estate Investment Management across development and income-producing properties, and (3) Advisory to Institutional Investors including global custody services. The product portfolio includes a diverse range of real estate investments spanning Senior Living Residences (Los Domínicos, Las Tranqueras, Montemar, Montahue), retail properties (Single Tenant Retail Lipo, Shopping-Medical Center Lincolnshire Commons, Discount Shopping Center Ellsworth Place), multifamily assets (Centric Apartments), and real estate developments (Lincoln Park Apartment Development, Boise Apartments Development, Parke West). The company also provides structured debt advisory services and manages the Avante FCP Real Estate Fund through its regulated subsidiary Avante Administradora General de Fondos S.A. Operations span Chile, Colombia, United States, and Europe.

Differentiator

Problem solved

Functional benefit

Brands

• Avante AGF: Fund management entity referenced at avanteagf.com

Quantifiable outcome

• US$ 1B+ in Real Estate Assets Invested
• +3 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• Avante FCP (Fund Structure)coreOthers · 1 January 2020Avante established itself as the manager of the Avante FCP real estate capital fund in 2020. This represents the company's regulated fund management platform for real estate investments, providing a structured vehicle for investor participation.
• Operating Partners in USA and ChilecoreStrategic or Co-development Partner · 1 January 2017Avante began real estate project development and operation agreements with managers in the United States and Chile in 2017. These partnerships enable the company to execute on its real estate investment strategy across multiple geographies, with local operating partners managing day-to-day property operations while Avante handles investment management and capital allocation.
• Chicago Operating Company (Lincolnshire Commons)coreStrategic or Co-development Partner · 1 January 2017For the Lincolnshire Commons shopping-medical center investment in Chicago, Avante partnered with an operating company specialized in managing real estate properties in that market. The operating partner serves as both co-investor and property manager, bringing local market expertise and operational capabilities.
• AcaliscoreStrategic or Co-development Partner · 1 January 2015Acalis is the operating partner for Avante's senior living residence investments in Chile. Since 2015, Avante has been investing in a portfolio of senior residences (Montemar, Las Tranqueras, Los Domínicos, Montahue) operated by Acalis, contributing to the development of the senior living sector in Chile. The partnership combines Avante's real estate investment expertise with Acalis's specialized senior care operations.

Scale indicators3 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Larraín Vial: Chile's largest independent wealth manager and RIA, offering wealth management, asset management, and corporate advisory to HNW families and institutions across LatAm. Directly comparable multifamily office / RIA model with deeper AUM, providing the most relevant local benchmark for Avante.
• Whittier Trust: US multifamily office and trust company providing investment management, trust services, and real estate investment solutions to HNW families. Comparable multifamily office structure with similar real estate investment and fiduciary offerings.
• Bel Air Investment Advisors: US-based multifamily office and RIA serving HNW families with discretionary portfolio management, alternative investments (including real estate), and direct deal co-investment—closely comparable independent multifamily office model.
• Vector Capital (Chile): Chilean independent wealth manager focused on HNW families and family offices with discretionary and advisory portfolio management including alternative investments. Comparable multifamily office / RIA model in Chile.
• BICE Inversiones: Chilean wealth management and asset management firm affiliated with BICE bank group, serving institutional and HNW clients with diversified portfolios including real assets. Comparable RIA/wealth advisory model in the same Chilean market.
• Compass Group Chile (Asset Management): Chilean wealth and asset management firm serving HNW individuals, family offices, and institutions with diversified investment solutions. Closely comparable independent advisory model targeting the same Chilean HNW segment.

Broad incumbents

• Sura Asset Management: Major LatAm asset manager with significant presence in Chile, Colombia, Mexico, and Peru, offering wealth management, pension, and institutional investment products. A larger regional incumbent operating in Avante's two home markets with overlapping HNW and institutional client bases.
• Itú Asset Management Chile: Wealth and asset management arm of Itaú in Chile, providing mutual funds, portfolio management, and institutional advisory. A larger, bank-affiliated incumbent with overlapping RIA and institutional services.
• Banco de Crédito e Inversiones (BCI) Wealth Management: BCI's wealth management division serves HNW and institutional clients in Chile with portfolio management, advisory, and structured products. Larger incumbent competitor in the same HNW segment as Avante.
• BTG Pactual (Chile / Latam Wealth): LatAm-focused investment bank and wealth manager with strong Chilean operations (including the former Celfin Capital). Serves HNW and institutional clients with diversified products including real estate funds—a broader incumbent offering overlapping services with Avante.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

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 Avante Financial Group