Eleva Invest

Overview

The firm’s legal entity is Eleva Consultoria de Valores Mobiliários Ltda. EPP.² Its website identifies the company as ELEVA CONSULTORIA DE VALORES MOBILIARIOS LTDA. and gives CNPJ 23.670.302/0001-72.¹ The website lists São Paulo as its office location.¹

The firm says it works across multiple banks, brokers, and domestic and international platforms.¹ Its listed ecosystem partners include XP Investimentos, XP Internacional, EFG Bank Switzerland and Miami, CIG, BTG Pactual, Avenue, Inter, Safra Invest, Santander, and Julius Bär.³

History

An Eleva Code of Ethics search result states that the firm was founded in 2016 to adopt an active approach in securities consulting.⁴ The firm’s historical filing states that it was not yet conducting securities consulting activities in 2020 and expected consulting to begin in January 2021.² That filing describes a historical reporting period and does not establish the firm’s current operating status.²

The filing identifies two partners and one employee as of its 31 December reference position.² It also identifies Armando Moura Costa Neto as the registered CVM securities consultant acting exclusively as the company’s representative, employee, or partner.²

Timeline

1. 2016An Eleva Code of Ethics search result states that the firm was founded in 2016 to adopt an active approach in securities consulting.
2. 2020The firm’s historical filing states that it was not yet conducting securities consulting activities in 2020 and expected consulting to begin in January 2021.

Leadership

The website names Armando Costa as a founding partner.³ His stated education includes business administration and finance credentials from Ibmec SP.³ The biography describes him as a CVM-registered securities consultant with more than 18 years of international financial-market experience.³ It names Banco ABN AMRO and Santander among his prior employers and says he lived and worked in Amsterdam, London, and the Cayman Islands.³ He is responsible for Eleva’s B2B area.³ The Formulário de Referência identifies Armando Moura Costa Neto as Director of Consulting and Suitability.²

The website names Guilherme Arana as a founding partner with economics and finance credentials from Ibmec SP.³ His biography cites experience in treasury, controllership, and foreign-exchange markets, including roles at Gradiente, Usinas Itamaraty, and Camargo Corrêa.³ He is responsible for operations and compliance.³

The website names Gabriel Cintra as a founding partner with economics credentials from Ibmec SP and an international-relations specialization from Columbia University New York.³ His biography cites experience in investments, credit, and M&A at Banco Votorantim and Banco Indusval.³ He is described as an angel investor in startups and as responsible for the private area.³

Services

Eleva describes its compensation model as fee-based, using a fixed fee rather than commissions tied to product distribution.³ The firm says its operating philosophy centers on client alignment, long-term wealth building, transparency, and reduced product-distribution conflicts.³

The firm offers partnership formats called “Especialistas” and “Money Manager.”³ Under the Especialistas format, recommendation and client service remain with regulated consultants or firms.³ Under the Money Manager format, Eleva assigns investment recommendations and operations.³

Back-office support includes account opening, invoice distribution, operational-order processing, reports, and statements.¹ Technology support includes Portal Eleva and SplitC, which the firm describes as a proprietary system for training, onboarding, and unified revenue consolidation across platforms.³ The website also lists offshore investments, life insurance, health, consórcios, and credit among its broader solution areas.³

What the firm offers

• Risk and insurance
• Cross-border planning

Client focus

The firm’s partnership descriptions show a service model for regulated consultants or firms that retain recommendation and client-service responsibilities, as well as arrangements in which Eleva provides investment recommendations and operations.³ The website also describes support across banks, brokers, and domestic and international platforms.¹

Investment philosophy and approach

The firm says its approach is based on client alignment, long-term wealth building, transparency, and reducing conflicts associated with product distribution.³ It says the fixed-fee model avoids compensation tied to product distribution.³ Eleva also says it operates across multiple platforms and includes domestic and international providers in its ecosystem.¹³

FAQs

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Sources

1. accessed 2026-10-23
2. accessed 2026-10-23
3. accessed 2026-10-23
4. 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.