Bank trusts are essential players in the wealth management space. Acting as fiduciaries, these institutions support families, individuals, and organizations with estate planning, asset protection, and long-term wealth preservation strategies.
For investment managers, identifying the right bank trust relationships (especially across international markets) can be complex. These firms often operate behind the scenes, with limited public visibility. Dakota Marketplace helps simplify the search by offering verified data, allocator context, and direct contact information, all in one place.
In this article, we are giving you a list of the top 10 bank trusts in Spain. To see the full list, you can view it in Dakota Marketplace.
AUM: $799.43B
Metro: Madrid
Banco Bilbao Vizcaya Argentaria, S.A., commonly known as BBVA, operates as a Bank. The institution is headquartered at Plaza San Nicolás, 4, Bilbao, Spain, and is associated with the Madrid metro area. BBVA is recognized as one of the largest financial institutions globally, with a significant presence in Spain, South America, North America, Turkey, and Romania.
BBVA manages an AUM of approximately $799.43 billion. This extensive financial scope underscores the bank's robust operational capacity and its influential role within the global financial services sector.
2. Cecabank
AUM: $310B
Metro: Madrid
Cecabank is a Bank that operates in the Madrid metro area. The institution focuses on facilitating resource allocation for activities related to environmental and social sustainability, offering financial services that incorporate sustainability considerations while engaging with various stakeholders through its business operations.
Cecabank reports a total AUM of €310 billion. Its Treasury Department conducts transactions in national and international markets, including fixed income, currencies, equities, and derivatives. This department is responsible for managing liquidity and solvency, as well as providing financing for venture capital fund capital calls and long-term funding for credit institutions.
3. Santander Spain
AUM: $226B
Metro: Madrid
Santander Spain is a Bank operating in Madrid. Located at Banco Santander, S.A. Paseo de Pereda, 9-12, Santander. The bank's website offers a wide range of banking services, including accounts, cards, savings, investments, mortgages, loans, and insurance, with a focus on online banking and mobile payment options. Santander Spain provides access to a large ATM network, tools like mortgage and loan simulators, and special programs like Santander SMusic and scholarships.
Santander Spain manages an AUM of $226B. The bank offers a comprehensive range of investment services, including mutual funds, pension plans, fixed-income products, and equity investments. They provide personalized investment advisory services, educational resources, and investment simulators to assist clients in making informed decisions. Additionally, Santander offers sustainable and responsible investment options, aligning investments with environmental, social, and governance criteria.
4. Allfunds
AUM: $150B
Metro: Madrid
Allfunds, a Bank organization, is headquartered at Calle de los padres Dominicos 7, Madrid. Established in 2000, Allfunds is a prominent wealthtech and fund distribution company with assets under administration nearing €1.5 trillion. Operating in over 60 countries, the firm offers a wide range of services, including data & analytics, portfolio & reporting tools, research, and regulatory services. Allfunds has partnerships with over 2000 fund groups and access to 1500 distributors, with a local presence in various global financial hubs such as Bogotá, Dubai, Hong Kong, London, Luxembourg, Miami, and more.
Allfunds manages a substantial AUM of $150 billion. The firm's strategic focus lies in providing comprehensive wealth management and fund distribution services globally. With a strong presence in Madrid, Allfunds continues to expand its reach and offerings, positioning itself as a key player in the wealthtech and fund distribution industry.
5. Santander Asset Management SA
AUM: $74.75B
Metro: Madrid
Santander Asset Management SA operates as a Bank and is located at Edificio Arrecife Pl. 2, Boadilla del Monte, Madrid. The firm is part of the Santander Group and provides savings and investment solutions with a strong local presence in Europe and Latin America. It serves a diverse client base by offering mutual funds and pension plans tailored to align with various investor risk profiles and time horizons.
Santander Asset Management SA manages an AUM of approximately €74.75B. The firm employs a combination of technology and experience to research, build, and manage its investment products. Clients can access information about available funds and products through the firm's website and contact channels.
Many of the firms listed here can be explored further in Dakota Marketplace, including key contacts and allocator insights.
6. CAJAMAR
AUM: $62B
Metro: Valencia
CAJAMAR operates as a Bank within Spain's cooperative banking sector. Headquartered at Caja Rural de Villar, C/ Las Cruces, 33 in Villar del Arzobispo, it serves the Valencia metro area. The Cajamar Cooperative Group is recognized as an institutional protection system by the Bank of Spain and consists of 19 entities, including Banco de Crédito Cooperativo and Cajamar Caja Rural. The group focuses on providing financial services primarily to the agri-food sector and small to medium-sized enterprises, emphasizing financial accessibility.
CAJAMAR reports total assets of €62 billion and a managed business volume of €104.1 billion as of December 31, 2024. The organization maintains a solvency ratio of 16.1%, classifying it among Spain’s ten significant financial entities. Its product offerings include savings and current accounts, discretionary portfolio management, investment funds, pension plans, and various other investment options, supported by resources for regulatory compliance and investment planning.
7. BMW Bank GmbH
AUM: $28B
Metro: Madrid
BMW Bank GmbH operates as a Bank, with its headquarters located at 133 Avenida De Burgos, Madrid. The firm is associated with the Madrid metro area. BMW Financial Services provides financing and leasing options tailored to various payment structures, accommodating different financial preferences.
BMW Bank GmbH manages an AUM of $28 billion. The company offers multiple financing plans, including options for lower monthly installments with a final payment or fixed monthly payments, reflecting its commitment to meet diverse customer needs.
8. MoraBanc
AUM: $21.64B
Metro: Madrid
BMW Bank GmbH operates as a Bank, with its headquarters located at 133 Avenida De Burgos, Madrid. The firm is associated with the Madrid metro area. BMW Financial Services provides financing and leasing options tailored to various payment structures, accommodating different financial preferences.
BMW Bank GmbH manages an AUM of $28 billion. The company offers multiple financing plans, including options for lower monthly installments with a final payment or fixed monthly payments, reflecting its commitment to meet diverse customer needs.
9. AZ Capital
AUM: $10B
Metro: Madrid
AZ Capital, a Bank based in Madrid, provides independent corporate finance advisory services to companies, shareholders, institutional investors, and management teams. The firm specializes in financial structuring, transaction execution, and strategic planning to assist clients in achieving their strategic and financial goals.
AZ Capital manages an AUM of $10B and offers tailored corporate finance solutions by combining technical expertise, agility, innovation, and sector-specific knowledge. The firm advises clients on key business decisions in the global economy, emphasizing personalized approaches to address various financial challenges and opportunities.
10. Popular Banca Privada SGIIC
AUM: $2.37B
Metro: Madrid
Popular Banca Privada SGIIC operates as a Bank and is based in Madrid. The firm is a Spanish asset management company that focuses on collective investment management and is supervised by the CNMV, Spain’s securities markets regulator. It provides investment management services to private banking and wealth clients under the Popular brand.
The firm reports total AUM of €2.37B. Popular Banca Privada SGIIC structures and manages regulated collective investment vehicles in accordance with Spanish law, offering discretionary portfolio management and investment advisory services aligned with client risk profiles and objectives. The governance, reporting, and risk controls are in compliance with CNMV requirements and fund documentation.
To view more bank trusts in Spain or other countries, book a demo of Dakota Marketplace.
