Investment One seeks niche in busy Brazilian finance space

Bernardo Parnes opens IB and wealth management boutique; consultancy aims to differentiate by seniority of advisers.

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From left: Investment One’s Raphael Zagury, Bernardo Parnes and Fabio Jung

Bernardo Parnes, co-founder and CEO of financial boutique Investment One Partners, says there is “clearly space” in the Brazilian market for independent consultancies such as his, which opened its doors at the beginning of this year.

Parnes, who was CEO of Deutsche Bank’s Latin American investment banking franchise until the German bank decided on wholesale withdrawal from the region, decided to establish his own firm after leaving in August.

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