What has CFI seen in DPM Finanzas?
According to the report provided by the jury, DPM Finanzas is a company that stands out for five fundamental pillars:
1. Focus on their client’s needs
DPM Finanzas is distinguished by its deep involvement with its clients and a comprehensive knowledge of them.
This allows them to make fully customized investment proposals, adapted to the needs, knowledge and objectives of each single client.
They offer their clients the possibility of choosing freely with which financial institutions (either national or international) they want to carry out the recommendations and deposit their investments, benefiting from the global agreements signed with many of them, which reduce their operational costs significantly.
All of this based on transparency and the total absence of conflicts of interest.
DPM Finanzas has set itself the goal of becoming a benchmark in Spain as a trusted independent advisor to family groups, companies and religious institutions, elite athletes, endowments and mutual insurance companies.
2. The value of Independence
DPM does not accept any incentives or commissions for the referrals or investments it recommends (fee only service)
Their income solely comes from the fees it explicitly and transparently charges for its services.
The firm’s ethical stance is clear, as Carlos Farrás states:
“We live honestly in the financial sector thanks to our independence, the absence of conflicts of interest and total transparency with the client. We provide financial advice to our clients as we would like it to be given to us.”
DPM Finanzas does not seek quick profits, they are committed to sustainable growth based on trust.
Its work consists of selecting and recommending the best products, managers and strategies to encourage its clients boost their investments in the most efficient way, controlling risks, reducing costs and protecting their wealth.
This philosophy and way of proceeding entirely oriented in the interest of their clients has allowed them to achieve an annual growth of 20 to 30% during the last 8 years.
4. Innovative sustainability projects
CFI also highlights one of the most challenging ongoing projects being carried out by the DPM team: the implementation and analysis of ESG criteria in its recommendations.
Nowadays, sustainable investment and ESG criteria are becoming increasingly important in the market.
Investors are not only looking for returns, they also want to contribute to sustainability.
What is ESG?
ESG is the acronym for Environmental, Social and Governance:
- The E for Environmental encompasses the impact that companies’ activities have on the environment, in more or less directly manner.
- The S for Social refers to the effect or scope that a company has on its social environment, on the community.
- The G for Governance moves into the area of shareholders and company management: whether there is diversity on boards of directors, transparency policies or codes of conduct, for instance.
Thereupon, the economy is evolving towards a socially responsible investment model.
Consequently, the independent financial advisor must be prepared to offer portfolio proposals in accordance with ESG criteria.
In this sense, DPM Finanzas incorporates these criteria in its investment process, fund or asset selection, and is developing a new periodic report format for its clients which includes these valuations.
CFI highlights the involvement of DPM Finanzas in an innovative project that seeks to transform the economy into a sustainable model and channel private investment towards companies that have a positive impact on the environment, society and its governance.
Hence, they are incorporating these criteria in their investment processes as well as in the selection of funds and assets.
5. A high performance team
DPM Finanzas attributes its success to a highly talented, committed, disciplined, competent and empathetic team with a broad background in the financial sector.
Let’s meet them below.