Vector Casa de Bolsa Aims to Surpass US$16 Billion in Assets by 2025

At the end of 2023, their net income increased by 10%

Date: 24 Jun 2024 · 17:21

Vector Casa de Bolsa continues to consolidate its position in the Mexican market. The institution recently celebrated its first 50 years of existence and continues to do so with good news for its shareholders and, of course, its clients

Vector is the only 100% Mexican financial company with a global presence, and according to figures from the National Banking and Securities Commission (CNBV), it reported a net operating income of 3.517 billion pesos at the end of 2023

In fact, over the past five years, the brokerage firm led by Edgardo Cantú has achieved a sustained annual growth of 10% between Vector Casa de Bolsa and VectorGlobal, its international arm

Vector Casa de Bolsa announced that, according to figures from the National Banking and Securities Commission (CNBV), at the end of 2023, it reported a net operating income of 3.517 billion pesos ($195.38 million), which compares favorably with the same figure from the previous year, when it registered 3.201 billion pesos ($177.83 million), showing an almost 10% year-on-year increase. Looking ahead, the entity aims to reach 300 billion pesos ($16.667 billion) in assets under custody by 2025.

In fact, over the past five years, the brokerage firm led by Edgardo Cantú has achieved sustained annual growth of 10% between Vector Casa de Bolsa and VectorGlobal, its international arm. Recently, the company reported that it surpassed 251 billion pesos ($13.944 billion) in consolidated assets under custody at the end of 2023.

To achieve its goals, the Mexican firm will focus on three strategic pillars:

Asset Management (funds and asset management): It will consolidate its process of managing and supervising its portfolios of financial assets, such as stocks, bonds, investment funds, and other assets.
Internationalization: Vector is the only independent Mexican brokerage firm with a global presence, operating in 11 countries through its subsidiary VectorGlobal. This year, the strategy of geographic diversification will continue to strengthen its presence in international markets, particularly in Canada, Colombia, Chile, Ecuador, the United States, Peru, Venezuela, Brazil, Uruguay, and Panama. It will also continue exploring other markets.
Innovation and Digital Transformation: Vector has always been at the forefront of technological innovation, adopting new technologies to improve its services and provide a superior user experience. The company has made significant investments in cutting-edge platforms and applications that provide market data, trading tools, and real-time investment analysis, allowing users to make informed decisions and manage their portfolios effectively.

“Our strategic plan and vision for the future aim to drive our growth with a focus on investors and the evolution and strengthening of our core business. We are very proud to position ourselves as leaders thanks to our net operating income, a result of our commitment and efforts,” said Edgardo Cantú.”

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