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Swiss UBS buys remaining 40% stake in Brazil’s Consenso family office

RIO DE JANEIRO, BRAZIL - UBS has bought the remaining 40% stake in Brazilian multi-family office Consenso Investimentos and is reorganizing the business to double the number of investment advisors.

"The integration of Consenso is complete now, with a new technology platform, so we are ready to grow aggressively," said Bruno Barino, co-chairman of UBS Consenso, a position he shares with Consenso founding partner Luiz Borges.

UBS bought 60% of Consenso in 2017 and no senior partner of the multi-family office has left the bank, said Barino, who is also global co-head of wealth management at UBS . . .

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