Clients
BTG Pactual Asset Management US serves 616 clients, 139 of them high-net-worth individuals. The average client has about $49 million with the firm, and high-net-worth clients hold 4% of its $30.1 billion in assets.
- High-net-worth individuals139 clients4%
- Pooled investment vehicles57 clients67%
- Sovereign wealth funds and foreign official institutions24%
- Corporations and other businesses343 clients6%
- Individuals77 clients0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 77 | $34,617,400 | 0.1% | $450K |
| High-net-worth individuals | 139 | $1,098,196,044 | 3.6% | $7.90M |
| Pooled investment vehicles | 57 | $20,033,083,302 | 66.5% | $351.5M |
| Sovereign wealth funds and foreign official institutions | Not reported | $7,267,712,093 | 24.1% | — |
| Corporations and other businesses | 343 | $1,674,280,624 | 5.6% | $4.88M |
| Total | 616 | $30,107,889,463 | 100% | $48.9M |
- Clients
- 77
- Regulatory AUM
- $34,617,400
- Share
- 0.1%
- Avg. per client
- $450K
- Clients
- 139
- Regulatory AUM
- $1,098,196,044
- Share
- 3.6%
- Avg. per client
- $7.90M
- Clients
- 57
- Regulatory AUM
- $20,033,083,302
- Share
- 66.5%
- Avg. per client
- $351.5M
- Clients
- Not reported
- Regulatory AUM
- $7,267,712,093
- Share
- 24.1%
- Avg. per client
- —
- Clients
- 343
- Regulatory AUM
- $1,674,280,624
- Share
- 5.6%
- Avg. per client
- $4.88M
Total
- Clients
- 616
- Regulatory AUM
- $30,107,889,463
- Share
- 100%
- Avg. per client
- $48.9M
What it does
BTG Pactual Asset Management US provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers and other activities. It is paid through a percentage of assets, fixed fees, commissions, performance-based fees and other arrangements.
BTG Pactual Asset Management US advises 35 private funds.
98.7% of assets ($29.72B across 563 accounts) are managed with discretion; $390.5M across 58 accounts are not. $95.4M sits in a wrap fee program the firm both sponsors and manages. 83% of clients are outside the U.S., and 18 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks2%
- Funds14%
- Pooled vehicles10%
- Registered funds4%
- Bonds81%
- U.S. government and agency bonds75%
- Investment grade corporate bonds4%
- High-yield corporate bonds2%
- Cash2%
Filed values cover 99%. The neutral 1% gap has no reported category.
Custodians
BTG Pactual Asset Management US ’s client accounts are held mainly at CF Secured, with 21% of managed assets, and Pershing, with 3%. BTG Pactual Asset Management US has custody of $19.50B for 51 clients.
- PershingPershing LLC · Jersey City, NJ · $878.0M3%
- CF SecuredCF Secured, LLC · New York, NY · $6.20B21%
- All other custodians$23.03B76%
Ownership and leadership
BTG Pactual Bancorp LLC owns 75% or more of BTG Pactual Asset Management US .
- Owns 75% or more of BTG Pactual Asset Management US , LLC
BTG Pactual Bancorp LLC
Control person · since January 2026
- Owns 75% or more of BTG Pactual Bancorp LLC
Banco BTG Pactual S.A.
Control person · since July 2011
- Owns 50% to 75% of Banco BTG Pactual S.A.
BTG Pactual Holding Financeira Ltda.
Control person · since May 2017
- Owns 75% or more of BTG Pactual Holding Financeira Ltda.
BTG Pactual Holding S.A.
Control person · since May 2017
- Owns 25% to 50% of BTG Pactual Holding S.A.
BTG Pactual G7 Holding S.A.
Control person · since November 2012
- Owns 50% to 75% of BTG Pactual G7 Holding S.A.
Andre Esteves
Control person · since June 2009
Leadership
- Alexis MaronChief Financial Officer
- William RoseChief Operating Officer
- Dagmara FrankowskaChief Compliance Officer
- Carolina Ribeiro CuryChief Legal Officer
- John FathManaging Partner
Staff
- 180 employees
- 108 in advisory functions
- 68 state-registered reps
- 60 broker-dealer reps
- 23 soliciting firms
Reported holdings
BTG Pactual Asset Management US ’s reported 13F holdings total $1.61B across 461 positions, and the ten largest make up 33.2% of it.
- $1.61B
- Reported 13F value
- 461
- Positions
- 33.2%
- In the 10 largest
- +39.2%
- Value vs. prior quarter
- Vanguard Index Fds · S&P 500 ETF Shs8.1%
- iShares TR · Rus 1000 Grw ETF5.4%
- State Str SPDR S&P 500 ETF T · TR UnitPut4.9%
- Vanguard World FD · Mega Grwth Ind2.8%
- Nvidia Corporation2.5%
- Amazon Com Inc.2.1%
- Vanguard World FD · Mega Cap Val ETF2.1%
- Taiwan Semiconductor Manufac · Sponsored ADS1.9%
- Vanguard Intl Equity Index F · FTSE Europe ETF1.6%
- Alphabet Inc. · Cap Stk CL C1.6%
Together, the ten largest are 33.2% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $1.61B is not its $30.11B in regulatory assets and does not represent any individual client's portfolio.
Fees
BTG Pactual Asset Management US is paid through a percentage of assets under management, fixed fees (other than subscription fees), commissions, performance-based fees and other.
BTG Pactual Asset Management US ’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, BTG Pactual Asset Management US has 10 offices (2 private residences, listed without an address), with 9 listed addresses across 7 states.
Florida · 2 listed addresses
- 200 S. Biscayne BLVD, Southeast Financial Center, Miami
- 477 S. Rosemary Avenue, West Palm Beach
Georgia · 2 listed addresses
- 1180 Peachtree ST Ne, Atlanta
- 7920 Macon Highway, Watkinsville
Connecticut · 1 listed address
- 400 Atlantic Street, Stamford
Illinois · 1 listed address
- 922 Davis ST, Evanston
Montana · 1 listed address
- 120 Hickory ST., Missoula
New York · 1 listed address
- 601 Lexington Avenue, 57th Floor, New YorkHQ
Washington · 1 listed address
- 5325 Ballard Ave NW, Seattle
Other business names
BTG Pactual Asset Management US has reported 5 other business names to the SEC.
- BTG Pactual Family Office
- BTG Pactual Global Alternatives
- BTG Pactual Strategic Capital
- BTG Pactual Timberland Investment Group, LLC
- BTG Pactual U.S. Private Credit Investments
Registration details
- Legal name
- BTG Pactual Asset Management US , LLC
- Headquarters
- 601 Lexington Avenue, 57th Floor, New York, NY 10022
- Phone
- 212-293-4600
- Website
- www.btgpactual.com
- SEC file
- 801-71004
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does BTG Pactual Asset Management US have?
BTG Pactual Asset Management US has 616 clients and manages $30.1 billion for them, as of September 2026. They include 343 corporations and other businesses, 139 high-net-worth individuals and 77 other individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 18 September 2026
What services does BTG Pactual Asset Management US offer?
BTG Pactual Asset Management US provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers and other activities.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does BTG Pactual Asset Management US use?
BTG Pactual Asset Management US ’s separately managed account assets are held at CF Secured, LLC (New York, NY), with $6,202,933,332 and Pershing LLC (Jersey City, NJ), with $878,039,196. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 September 2026
How many financial advisors does BTG Pactual Asset Management US have?
BTG Pactual Asset Management US has 68 investment adviser representatives registered with state securities authorities, out of 180 employees, and 108 perform investment advisory functions. 60 are registered representatives of a broker-dealer and 0 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does BTG Pactual Asset Management US invest in?
At the end of its last fiscal year, BTG Pactual Asset Management US ’s separately managed accounts held 75% U.S. government and agency bonds, 10% pooled vehicles (private funds and similar), 4% investment grade corporate bonds, 4% registered funds (mutual funds, ETFs, BDCs), 2% exchange-traded equities, 2% high-yield corporate bonds and 2% cash and equivalents. It advises 35 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns BTG Pactual Asset Management US ?
BTG Pactual Asset Management US is owned through a chain of holding companies by Andre Esteves. Its direct owner is BTG Pactual Bancorp LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 18 September 2026
How does BTG Pactual Asset Management US get paid?
BTG Pactual Asset Management US is paid through a percentage of assets under management, fixed fees, commissions, performance-based fees and other arrangements.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file