No commissions. No pass-through payments.
We do not receive payments from banks, brokers or managers that could compromise our independence and objectivity.
Commercial model
We do not sell products. We provide a service.
An advisory relationship begins when compensation, responsibilities and boundaries are clear.
Cashback to the client.
Any commission that may be generated by third parties is returned in full to the client as a direct credit to the client's account.
Complete transparency.
You know exactly how much you pay and what you pay for. No hidden product costs and no money concealed in the transaction.
The difference in practice
Why advisory is neither a bank nor a brokerage.
Three service models. Only one works exclusively for you.
ModelBanksTraditional modelBrokeragesCommission-based adviceGulfstreamIndependent advisory
Service
Relationship manager · view limited to the bank account
Advisor · view limited to the brokerage account
Consultant · comprehensive view of family and wealth context
Platforms
Closed platform · higher costs · limited choice
Open platform · brokerage-product breadth
Multiple open platforms · competition in the client's interest · best available product
Compensation
Conflict of interest · sales targets · bank products
Paid by the brokerage · potential conflicts
Retained by the client · transparent fee · commission cashback · no conflict
The cost of conflict
Conflicts of interest have a cost.
A 2024 Vanguard study of 1,000 professionals serving 200,000 investors in Europe found that average total investment costs are higher in the commission model.
Source: Vanguard Research · 202448% higher
This is the average annual cost of the commission model compared with direct, client-paid fee compensation.
Next step
Ready to begin?
By-appointment service. An initial conversation is complimentary and helps determine whether it makes sense to proceed.
Gulfstream Capital Ltda. · CNPJ 64.772.107/0001-30 · Código CVM 004558-6