TERA Capital

Overview

TERA Capital says its purpose is to combine high-quality service with consistent wealth-management performance while supporting clients’ freedom, balance, and legacy continuity.²

History

TERA Investimentos Ltda. was established in 2018 as a multi-family office using investment funds and managed portfolios for wealth-management activities, according to its Brazilian Securities and Exchange Commission filing.³

Leadership

The firm lists Luiz O. Magalhães as Chairman, Fabio Vidigal as CEO, André Penalva for International Affairs, and João Paulo Vaz, CFA, as CIO.⁴

Services

TERA’s family-office advisory uses an “Outside-In” perspective that considers each family’s strategic objectives and wealth structure when designing advice. Support can include financial planning, succession planning, jurisdictional transitions, accounting coordination, art curation, and connections with other specialists.⁵

Its Investment Office serves single-family-office CIOs and endowments with asset-allocation discussions, customized portfolio implementation, global manager access, and in-house reporting.⁶

Wealth planning covers succession structures, domestic and cross-border investment structures, legal and regulatory changes, tax-residency moves, and consolidated global views of family wealth.⁷

What the firm offers

• Financial planning
• Tax planning
• Estate planning
• Cross-border planning

Client Focus

TERA serves business-owning families and also works with single-family-office CIOs and endowments through its Investment Office.¹⁶

Approach

TERA says its global wealth-management team combines macroeconomic analysis with experience across asset classes. The team includes professionals with CFA, CQF, and finance PhD credentials.⁸

The firm reports that 85% of its assets are allocated internationally, mainly across developed markets and multiple asset classes.⁹ TERA also says it is a signatory to the Principles for Responsible Investment.¹⁰

Assets and Minimums

TERA reports 29 professionals, including 6 investment professionals, with 9 professionals holding certifications and 14 certifications overall. The firm also lists 10 proprietary strategies.¹¹

The firm reports managing R$400 million in assets in VRB funds and donating the management fee to support Viva Rio’s social-inclusion mission.¹²

FAQs

Related resources

• LocationMultifamily offices in Sao Paulo

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• Network siteOffshoreTrusts.com

  These guides explain how offshore and international trusts can relate to cross-border asset planning. A family with business interests, investments, or beneficiaries in several countries can use the material to prepare questions about ownership, tax coordination, estate structures, and reporting responsibilities.

• Network siteFamilyOffices.com

  FamilyOffices.com offers background for wealthy families considering a family office model. Its resources and community can help readers understand how family-office advisory, wealth management, governance, and planning needs may differ between a single family office and an independent multi-family office.

• GuideOutsourced CIO vs multifamily office

  This comparison outlines differences between an outsourced chief investment officer and a multi-family office. A business owner can use it to separate investment oversight from financial, tax, estate, and cross-border planning when deciding which type of external support matches the family's needs.

• Similar firmsVêneto Family Office
  Verus
  Aqua Wealth Management S.A.

  Profiles of Vêneto Family Office, Verus, and Aqua Wealth Management S.A. provide similar reference points for comparing service descriptions and client focus. Reviewing these firms alongside TERA Capital can help a family identify questions about planning scope, international needs, and support for business-owning households.

Sources

1. TERA Capital
2. TERA Capital
3. CVM Formulário de Referência
4. TERA Capital
5. Trusted Advisor
6. Trusted Advisor
7. Wealth Planning
8. Global Wealth Management
9. Global Wealth Management
10. TERA Capital
11. TERA Capital
12. TERA Capital

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.