Bbva Privanza Banco, Sa (Madrid)

Name: Bbva Privanza Banco, Sa
Address: 17 Padilla, Madrid, 28006
Telephone: 341-374-8700

Bbva Privanza Banco, Sa is a large advisory firm based in Madrid. It manages $13.12 billion of regulatory assets for 12,682 client accounts. It has been registered with the SEC as an adviser since 2001.

Bbva Privanza Ban provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Bbva Privanza Ban: assets under management

The assets under management (AUM) of Bbva Privanza Banco, Sa is $13.12 billion. The firm's AUM has grown by 55% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.08 billion in discretionary accounts and $8.04 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.69 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $830.94 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Bbva Privanza Banco, Sa for their services and products based on a percentage of assets under management and commissions. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Bbva Privanza Banco, Sa

Louis Javier Bastida has been acting as President since 1 Jun 1989. Tomas Blasco joined the executive team most recently as the Director And Chief Executive.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Banco Bilbao Vizcaya Argentaria S.A.	Ownership	1 Jul 1984	75% - 100%	n/a
Louis Javier Bastida	Director	1 Jun 1989	Other	4449238
Eduardo Aguirre	President board	1 Apr 1993	Other	4448659
Jose Madina	Director	1 Oct 1993	Other	4449032
Carlos Delclaux	Director	1 May 1994	Other	4449239
Jose Ramon Guerediaga	Director	1 Dec 1995	Other	4449022
Nuria Rodriquez Miranda	Chief legal and compliance	1 Jan 2001	Other	4449248
Adolfo Prada	Chief financial and operations	1 Apr 2001	Other	4449244
Tomas Blasco	Director and chief executive	1 Jul 2001	Other	4449039
Jose Sainz	Director	1 Jul 2001	Other	4449038
Julio Juan Lopez	Director	1 Jul 2001	Other	4449036

Based in Madrid

The principal office where Bbva Privanza Banco, Sa performs its advisory services is located at 17 Padilla, Madrid, 28006, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 341-374-8700 or by fax 341-576-8394. The normal business hours are 9am-2pm / 4pm - 7 pm on Monday - Friday. You can find more information about the New York firm at www.bbvaprivanza.es.