CaixaBank Private Banking surpasses €50 billion under independent advisory, consolidating its leadership in Europe

• CaixaBank's independent advisory model, a pioneer in Spain, has nearly 14,500 clients, also a historic high.

• The service, launched seven years ago with the creation of the Wealth segment and reinforced three years ago with the Independent Advisory segment, offers a comprehensive range of products and services with explicit fees. It represents around 33% of CaixaBank Private Banking's total assets.

CaixaBank Private Banking has surpassed €50 billion in assets managed under independent advisory contracts for the first time (€50.47 billion as of June 2025). This milestone consolidates the entity's leadership in Europe and represents a 12.4% increase compared to June 2024. It accounts for around 33% of CaixaBank Private Banking's total assets.

The service now has nearly 14,500 clients (14,496, a 15.7% increase compared to June 2024), also a historic high for the service.

CaixaBank's independent advisory model offers a comprehensive range of products and services with an explicit advisory fee. With this service, a pioneer in Spain, the entity responded seven years ago to the need to anticipate new trends driven by the European MIFID II regulation in favor of greater cost transparency, as well as the pursuit of excellence in private banking customer service.

Belén Martín, director of CaixaBank Private Banking, highlights: “Reaching 50 billion euros in independent advisory is an unprecedented achievement in the European financial sector. It reflects our clients' trust and our teams' commitment to offering a transparent, personalized, and high-quality service.”

CaixaBank Private Banking's independent advisory service was launched in 2018 with the Wealth segment, focused on clients with very high net worth, and was reinforced in 2022 with the creation of the Independent Advisory segment, for clients with assets starting from 1 million euros.

Of the €50.4 billion in independent advisory at CaixaBank Private Banking, €28.7 billion correspond to the Wealth service (+12.8% compared to June 2024), while Independent Advisory contributes €21.77 billion (+19.7% compared to June 2024).

CaixaBank's independent advisory model is supported by a team of 272 specialized managers, all trained on the GPS (Global Portfolio Strategy) platform, which integrates BlackRock's Aladdin Wealth™ technology, allowing managers to offer agile, precise, and personalized advisory and management tailored to each profile.

This milestone consolidates CaixaBank as a benchmark in private banking, recognized by Euromoney as the Best Private Banking Entity in Spain in 2025, and reinforces its leadership in services for UHNW clients, discretionary management, and family offices.

Wealth, a pioneering service

In 2018, CaixaBank Private Banking's Wealth service was launched as a pioneering model that championed independence, transparency, and service excellence, becoming a sector benchmark. In these seven years, Wealth has reached €28.7 billion in assets under independent advisory contracts and 2,693 clients (+10.7% compared to June 2024), with a highly personalized value proposition, managed by experts with advanced training and supported by cutting-edge technology. The service is supported by a solid and specialized structure, with 11 exclusive Wealth centers and a network of 91 accredited managers, with an average experience of 15 years, and a maximum of 35 clients per manager, ensuring close and highly qualified service.

Independent Advisory, strengthening the model

Since its launch in June 2022, CaixaBank Private Banking's Independent Advisory service has been a strategic commitment to extend the independent advisory model to new client segments, in this case, clients with assets starting from one million euros.

With an initial goal of reaching 9,000 clients in two years, the target was surpassed in February 2025, and today the service already has 11,803 clients (+18.4% compared to June 2024), managing a volume of €21.77 billion in assets under contract. This growth has been possible thanks to a team of 181 specialized managers, compared to 161 at the end of June 2024.

Each manager serves a maximum of 70 clients, ensuring a highly personalized, transparent, and quality service. Additionally, all Private Banking centers have at least one independent advisory manager, whose portfolio is completely separate from that of non-independent managers, thus reinforcing the independence of the model.

CaixaBank Private Banking

CaixaBank's private banking model consists of a team of more than 1,100 accredited specialized managers, with an average experience of 15 years, and with 75 exclusive private banking centers and 11 exclusive Wealth centers, ensuring that clients always receive close attention.

In 2025, CaixaBank was chosen for the third consecutive year as the ‘Best Private Banking Entity in Spain’ at the Global Private Banking Awards by the British magazine Euromoney, which recognizes excellence and best practices in private banking internationally. Additionally, CaixaBank Private Banking was named ‘Best Private Banking Entity for UHNW clients in Spain 2025’ and ‘Best Private Banking Entity for family office services in Spain 2025’, awards that CaixaBank receives for the second consecutive year.

CaixaBank Private Banking's value proposition offers different service models to adapt to each client's needs and preferences, from those seeking a global advisory service, whether independent or not, to those who manage their wealth independently through a platform with global investment capabilities in securities, funds, savings insurance, and other management products.