Abante positions itself as a comprehensive financial advisory firm, focusing on a fund-of-fund vehicle that encompasses good roots and active alternatives. This approach allows you to address a broader spectrum of clients, including families of entrepreneurs. Santiago Satrústegui, president of the company, together with some of its founding partners, has a clear vision: to double the assets under management, currently amounting to 9,000 million euros, in the next five years.
Organic growth and integration strategy
Satrústegui highlighted that the projected growth will be mainly organic, despite acquisitions in recent years, such as Eaf Navarra, C2 Asesores, 360 CorA, Dux and Welzia. The entry of Mapfre with a 20% capital has strengthened its position, but does not prevent new significant acquisitions in the short market.
Constitution of Dux
With the acquisition of Dux, Abante has not only expanded its management capacity, but has also inherited a strong technology platform for fund operational consulting, managing €500 million. The intent is to maintain the Dux brand in this segment, focusing on small and medium-sized companies, so that they can continue to offer independence along with the support of Abante.
New opportunities and background
The company seeks to strengthen its platform for smaller consultancies that require operational help, especially in a context where costs have increased due to regulation. Satrústegui emphasized that Abante does not seek to compete on price, but attracts professionals who seek an environment that is worth their independence.
Possible future acquisitions
Despite the organic strategy, Satrústegui does not rule out future acquisitions, especially companies with volumes between 300 and 500 million euros. However, he recognizes that the expertise for larger operations is increasingly complex.
Innovation and use of artificial intelligence
One of Abante's priorities is the integration of artificial intelligence (AI) tools to automate processes and increase efficiency. He emphasized that, although AI can optimize management, the relationship with customers will continue to be artisanal. The goal is to dedicate more time to “emotional conversations” and help customers relate to their money in a more meaningful way.
Focus on the customer's life project
Leaving the center to help clients maintain focus on their life project, beyond just their assets. Comprehensive planning for the future is essential for the company, which seeks to offer personalized support in financial management.
Abandoned in a solid growth trajectory, it has benefited from a careful integration strategy and a focus on innovation. The compromise with independence and personal relationship with customers are pillars that support their trading model, preparing to face the challenges of the future in the financial sector.
