XP Inc. is a Brazilian
investment management
Investment management is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institut ...
company. The company offers fixed income,
equities,
investment funds, and
private pension
A private pension is a plan into which individuals contribute from their earnings, which then will pay them a private pension after retirement. It is an alternative to the state pension. Usually, individuals invest funds into saving schemes or mut ...
products, as well as offers wealth management and other financial services. XP serves customers in
Brazil and has offices in
São Paulo,
Rio de Janeiro,
New York
New York most commonly refers to:
* New York City, the most populous city in the United States, located in the state of New York
* New York (state), a state in the northeastern United States
New York may also refer to:
Film and television
* '' ...
,
Miami,
London and
Geneva.
History
In 2001, Guilherme Benchimol and Marcelo Maisonnave created XP Investimentos CCTVM S.A., in
Porto Alegre, as a company of independent investment agents.
In 2005, XP Resource Management, a resource management company, was created. With the incorporation of Americainvest CCTVM Ltda. In 2007, XP Investimentos became a broker. Currently, the company has more than 3 million active customers and more than $130 billion in custody. It operates in several countries, mainly in Brazil and the
United States. It has over 8,000 investment advisors spread across 800 offices.
In 2011, XP announced the acquisition of Interfloat and Senso Corretora. In addition, in October 2011, the company also formalized the purchase of Infomoney.
In 2012, XP announced the joining of forces with Prime Corretora.
In July 2014, it announced the purchase of Clear Corretora for $90 million.
In December 2016, XP Investimentos announced that it had acquired the Rico Corretora de Valores.
In November 2022,
Aston Martin F1 Team
Aston Martin is a British car manufacturer that has participated in Formula One in various forms. The company first participated in Formula One during the 1959 season where they debuted the DBR4 chassis using their own engine but it failed t ...
announced a partnership with XP as the team's official global financial services partner at the
2022 São Paulo Grand Prix
The 2022 São Paulo Grand Prix (officially known as the Formula 1 Heineken Grande Prêmio de São Paulo 2022) was a Formula One motor race that was held on 13 November 2022 at the Interlagos Circuit in São Paulo, Brazil. Mercedes F1, Mercedes d ...
.
References
External links
*
{{NASDAQ Financial-100
Companies based in São Paulo
Companies listed on the Nasdaq
Brazilian brands
Brazilian companies established in 2001
Investment banks
Banks established in 2001
Financial services companies established in 2001
2019 initial public offerings