Aqua Wealth Management S.A.

Overview

Its SEC Form ADV filing describes Aqua Wealth Management S.A. as a multi family office regulated by the Central Bank of Uruguay as an investment adviser.¹ Aqua’s website describes support for families’ financial administration, asset protection and long term growth.⁵ The firm says its team includes economists, financial advisers and financial analysts with experience in Latin American and global markets.⁸ LinkedIn lists the company as privately held, headquartered in São Paulo and founded in 2009, with an employee range of 11 to 50.²¹

History

LinkedIn lists Aqua as founded in 2009.²¹ SEC Form ADV states that Aqua Advisors LLC has a consulting agreement with Aqua Wealth Management S.A.²

Leadership

SEC Form ADV identifies Milagros Varela and Jose Pedro Varela as members of Aqua Advisors LLC.³ The filing identifies Jose Pedro Varela as a principal and indirect shareholder of Aqua Wealth Management S.A.⁴

Services

Investment management: Aqua describes portfolio management organized around clients’ life goals and total assets, including investment vehicle selection, customized strategies, risk management, alternative investments, income distribution planning and investment consolidation reports.^10111214

Wealth planning and tax: The firm lists financial management based on each client’s lifestyle, needs and short, medium and long term financial goals, together with planning for foreign investments, real estate and other assets, including aims related to asset protection, resource management efficiency and tax minimization.¹⁰¹³

Governance and family education: Aqua offers family financial education, family governance support and economics research through an in house research area.¹⁵¹⁶ It also lists succession planning and assistance with family conflicts.¹⁷

Reporting and administration: Aqua describes financial administration and investment consolidation reporting as part of its work with families.⁵¹⁴ Its investment analysis process draws on research to propose tactical changes among asset classes that fit client investment policies, with governance provided through product and investment committees.¹⁸¹⁹

What the firm offers

• Investment management
• Financial planning
• Tax planning
• Estate planning
• Family governance and education
• Administration and bill pay
• Risk and insurance
• Private and alternative investments

Client focus

Aqua describes its clients as families seeking organized financial administration, asset protection and growth.⁵ Its website identifies professionalism, experience, confidentiality, transparency and ethics as pillars of its work with families.²⁰

Investment philosophy and approach

The firm says it operates independently and aims to help clients pursue and preserve their stated goals.⁶ Aqua says its investment analysis uses research to recommend tactical asset class movements that fit each client’s investment policy.¹⁸ The firm says product and investment committees provide governance for this analysis.¹⁹

FAQs

Related resources

• LocationMultifamily offices in Sao Paulo

  The São Paulo multifamily offices page gives a regional reference point for a family considering Aqua Wealth Management S.A., which has an office in São Paulo alongside Montevideo and Miami. Use it to compare how firms serving Brazilian and cross-border families describe investment management, planning, administration, and family support.

• GuideMultifamily office services

  The multifamily office services page outlines the types of support families and business owners may seek, from investment management and financial, tax, and estate planning to bill pay, insurance, alternatives, and family education. It can help readers organize questions about which needs should be coordinated across countries and generations.

• Network siteFamilyOffices.com

  FamilyOffices.com offers resources and a community focused on single family offices and wealthy families. Readers considering a multi family office can use that broader perspective to think through governance, education, succession, investment oversight, and the practical differences between managing affairs in Uruguay, Brazil, the United States, or elsewhere.

• DataMFOs by decade founded

  The MFOs by decade founded page provides a way to review firms by their stated founding period. For a family assessing Aqua Wealth Management S.A., this can add historical context to conversations about continuity, experience, ownership, and how a firm's development may relate to its services across Montevideo, São Paulo, and Miami.

• Similar firmsVidal Consultoria
  BRS PAR
  Capri Family Office

  Profiles for Vidal Consultoria, BRS PAR, and Capri Family Office give readers additional firms to examine alongside Aqua Wealth Management S.A. Comparing their stated services, locations, and client focus can help a wealthy family or business owner prepare more specific questions about planning, governance, administration, and private investments.

Sources

1. SEC Form ADV filing 285399, accessed 2026-10-23
2. SEC Form ADV filing 285399, accessed 2026-10-23
3. SEC Form ADV filing 285399, accessed 2026-10-23
4. SEC Form ADV filing 285399, accessed 2026-10-23
5. Aqua Wealth Management, accessed 2026-10-23
6. Aqua Wealth Management, accessed 2026-10-23
7. Aqua Wealth Management, accessed 2026-10-23
8. Aqua Wealth Management, accessed 2026-10-23
9. Aqua Wealth Management, accessed 2026-10-23
10. Aqua Wealth Management services, accessed 2026-10-23
11. Aqua Wealth Management services, accessed 2026-10-23
12. Aqua Wealth Management services, accessed 2026-10-23
13. Aqua Wealth Management services, accessed 2026-10-23
14. Aqua Wealth Management services, accessed 2026-10-23
15. Aqua Wealth Management services, accessed 2026-10-23
16. Aqua Wealth Management services, accessed 2026-10-23
17. Aqua Wealth Management services, accessed 2026-10-23
18. Aqua Wealth Management services, accessed 2026-10-23
19. Aqua Wealth Management services, accessed 2026-10-23
20. Aqua Wealth Management services, accessed 2026-10-23
21. Aqua Wealth Management LinkedIn, accessed 2026-10-23
22. Aqua Wealth Management LinkedIn, accessed 2026-10-23
23. Aqua Wealth Management LinkedIn, accessed 2026-10-23

Claim or correct this profile

This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.