Abante and Atl Capital are moving forward with the integration process agreed last July, after receiving authorization from the Spanish National Securities Market Commission (CNMV) in January. The operation brings together two independent reference firms in financial advisory in Spain, sharing a common origin in AB Asesores, a aligned corporate culture, and more than two decades of convergent, client-focused experience.
The integration, which will be implemented progressively over the next 18 months, creates a group with over €13 billion in assets under management and more than €18 billion in total managed and advised wealth, based on figures as of December 2025. Over the past year, the Abante group has increased its assets under management by more than €4 billion, consolidating its position as the largest independent financial advisory and asset management group in Spain.
The resulting entity serves more than 17,000 clients and has a team of over 400 professionals, of whom nearly 200 are directly dedicated to investor advisory, one of the strategic pillars of the group’s model.
From a geographic perspective, the operation allows Abante to expand its presence with a new office in A Coruña and strengthen its offices in Madrid, Valencia, and Zaragoza. After the integration, the group will have a presence in Madrid, Barcelona, Bilbao, Pamplona, Logroño, Málaga, Seville, Valencia, Zaragoza, A Coruña, and Valladolid, consolidating nationwide coverage with strong local roots.
The transaction comes at a strategic moment for the joint project, reinforcing its product and service offering while maintaining the principles of independence and specialization, which have been core to both firms since their origins.
Jorge Sanz, Chairman of Atl Capital, stated: “This integration is the natural outcome of a shared history and a common approach to financial advisory, based on independence, client proximity, and a long-term vision. We join Abante with the conviction that together we can provide better service to our clients and ensure continuity for the Atl Capital team within a larger structure with greater capacity.”
Santiago Satrústegui, Chairman of Abante, added: “With CNMV authorization, we begin a new stage to build together a project with greater capabilities and the scale needed to face an increasingly demanding technological and regulatory environment. This allows us to offer the best service to our clients, starting from understanding their life projects and selecting the most suitable investment alternatives to support them, across traditional financial assets, alternatives, and real estate. We also support business families in their family and corporate projects and companies in their corporate development.”
The integration of the Atl Capital team into Abante’s partnership structure ensures continuity of the team and opens new professional development opportunities for its members, in an initiative that combines capabilities and talent to further develop the group’s advisory model for the benefit of clients. Abante currently has 36 partners, to which 15 Atl Capital partners will be added upon completion of the integration.
Finally, Santiago Satrústegui added: “In 2027 we will celebrate 25 years, and one of the things we are most proud of on this journey is that we will celebrate it together with partners and professionals from other firms who have joined the project over time to build an independent financial advisory alternative that offers investors a different way of relating to money, understanding it as a means to serve their life projects.”
cloud technology axon
SEG is an independent manufacturer of medium-voltage protection relays...
