Santander Central Hispano Carteras, S.A., S.G.C (Madrid)

Santander Central Hispano Carteras, S.A., S.G.C is a large advisory firm based in Madrid. It manages $1.98 billion of regulatory assets for 59 client accounts. It has been registered with the SEC as an adviser since 2001.

Santander Central Hispano Carteras, S.A., S.G.C provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Santander Central Hispano Carteras, S.A., S.G.C: assets under management

The assets under management (AUM) of Santander Central Hispano Carteras, S.A., S.G.C is $1.98 billion. The firm's AUM has grown by 116% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.27 billion in discretionary accounts and $704.61 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $23.6 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $140.92 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Santander Central Hispano Carteras, S.A., S.G.C for their services and products based on a percentage of assets under management. 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 Santander Central Hispano Carteras, S.A., S.G.C

Jose Mercado Garcia has been acting as President since 1 Jul 2001. Ricardo Gutierrez Acero joined the executive team most recently as the President & Chairman.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
S.L. Santander Asset Management	Shareholder	1 Dec 1997	75% - 100%	foreign entity
Casto De La Mora Mata	Director	1 Mar 1998	Other	4450688
Jose Salgado Fuertes De Villavicencio	Director	1 Mar 1998	Other	4450708
Teresa Saenz Diez Rojas	Secretary & director	1 Mar 1998	Other	4450713
Santiago Rubio De Casas	President & director	1 Sep 1998	Other	4450679
Jose Mercado Garcia	Director	1 Jul 2001	Other	4450685
Ricardo Gutierrez Acero	President & chairman	1 Nov 2002	Other	4619228
Susana Rodriguez Arranz	Vice secretary	1 Nov 2002	Other	4619458
Pedro De La Esperanza Rodriguez	Secretary	1 Nov 2002	Other	4619462
Picon Garcia De Leaniz Ismael	Chief executive officer	1 Nov 2002	Other	4619463
Miguel Primo De Rivera Y Urquijo	Director	1 Nov 2002	Other	4619464

Based in Madrid

The principal office where Santander Central Hispano Carteras, S.A., S.G.C performs its advisory services is located at Marques De Villamejor, 5, Madrid, 28006, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.