Private banking awards national winners 2026: Brazil

Best private bank: BTG Pactual

Brazil’s private banking market has been reshaped by rapid consolidation and rising client demand for global diversification. BTG Pactual has emerged as a central force in this shift, expanding its platform through landmark acquisitions and a clearer strategic focus on scale and international reach. 

The bank absorbed Julius Baer’s Brazilian wealth unit, adding roughly R$60 billion in advised assets, and later acquired JGP’s wealth management arm, bringing another R$18 billion and pushing its combined multi-family‑office platform above R$100 billion while its broader wealth division surpassed R$1 trillion in assets.

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