Santander Wealth Management & Insurance | Banco Santander

440 billion euros.

Overall wealth being supervised.

30 %.

Total fees generated as a percentage of the Group’s overall fees.

€ 819 million.

Underlying profit that can be attributed.

€ 1,637 million.

Overall contribution to the profit of the Group.

440 billion euros.

Overall wealth being supervised.

30 %.

Total fees generated as a percentage of the Group’s overall fees.

€ 819 million.

Underlying profit that can be attributed.

€ 1,637 million.

Overall contribution to the profit of the Group.

Our history and information about who we are.

Santander Insurance & Wealth Management is the global division of Santander Group that integrates the businesses of Santander Insurance and Wealth Management, aiming to become the best Manager of Protection & Wealth in the Americas and Europe. It has grown in double digits in the last few years and was created in 2017. The division is driven by the trust of our customers and their families, and we strive to act responsibly while earning their trust.

  • Our geographic reach and size, which have allowed us to establish a genuine worldwide service platform;.
  • A comprehensive understanding of the local area combined with the worldwide capacities that we provide to all of our clients; and.
  • As a prominent financial conglomerate, our abilities are utilized by an ever-enhancing proposition that is more inclusive and well-equipped for the present circumstances.
  • SANTANDER WEALTH MANAGEMENT.

    Wealth, also known as high net worth individuals, offers a range of global solutions to its customers. In addition to lending and ESG investing, we have also focused on thematic and alternative investments, strengthening our investment portfolio. Over the past few years, we have expanded our value proposition and enhanced our product offerings to cater to both domestic and international customers. With a highly specialized team of professionals, we provide top-tier service to our customers through a global platform. Santander Private Banking, a global business of Banco Santander (SPB), has a significant presence in 11 markets across the Americas and Europe, serving over 114,000 customers.

    Our efforts have earned us several awards as recognition by the magazine Euromoney, noting that we are the top 3 best private global banking institution. This recognition applies to our private banking services in six of our markets, reflecting our commitment to providing the best possible service.

    *Clients with assets under management totaling up to $250 million.

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    Santander Asset Management is a global asset manager with strong local roots in Latin America and Europe. It has also developed new investment strategies to respond to the shifting paradigm in the markets, leveraging systematic management and fundamental analysis to provide optimal solutions to clients. In recent years, the company has undergone a transformation process, unifying its worldwide operating platform. With a presence in 10 main countries, it manages assets for intermediaries, corporate clients, and individuals.

    Europe and Latin America are notable for their responsible and sustainable investment leadership. The exceptional performance of their wide range of investment themes and broad investment strategies in alternative assets is remarkable.

    +11 %.

    Gross written premium volume compared to year-on-year/interannual growth.

    +11 %.

    Gross written premium volume compared to year-on-year/interannual growth.

    SANTANDER INSURANCE.

    Santander Insurance is dedicated to becoming the preferred insurance provider for Group customers by offering a comprehensive range of services and ensuring exceptional customer satisfaction through both in-person and digital communication channels.

    Involving external resources, the client determines the utilization of the amenities – in the domains of automobiles, residences, animals, and bicycles, presenting additional aids, HelpS, the fully digital assistance service of Santander Brasil, has been launched, along with novel and inventive merchandise. Robust expansion has been achieved in the automotive and small and medium enterprise sectors, alongside the non-loan proposition in recent times, in addition to the life insurance sector.

    Adhesion.

    From SAM to Net Zero Asset Managers.

    Adhesion.

    From SAM to Net Zero Asset Managers.

    Acting responsibly.

    The division of Insurance & Wealth Management firm stands committed to socially responsible investment (SRI), and it uses an analysis methodology that enables the assessment of opportunities and risks arising from ESG factors. This methodology supports decision-making by providing portfolio management and advisory services, as well as analyzing and over-analyzing processes for companies and 190 governments.

    As part of its climate change commitment, SAM has undertaken the initiative called Managers’ Asset Zero Net, which aims to reach net zero greenhouse gas emissions by 2050. Santander Asset Management joined this global initiative in 2021.

  • Maintain our position as the preferred financial partner for our retail network.
  • Establish yourself as a significant participant in the Alternatives industry.
  • Thrive in the Institutional and Private Banking sectors.
  • Facilitate the implementation of a digital investment platform in every nation.
  • Strive to be the preferred insurance company for our clients.
  • Emphasize enhancing customer lifetime worth and user satisfaction through inventive initiatives.
  • Utilize data analysis to provide improved service to our clients.
  • Keep developing our worldwide platform by utilizing the interconnectedness of our teams.
  • Continuously enhance a more advanced value proposition.
  • Foster our PB sectors, with a worldwide service assisting international clients in Private Wealth.
  • By the year 2025, we aim to reach €100bn in Sustainable and Responsible Investment Assets under Management (SRI AuMs) through our dedication to Environmental, Social, and Governance (ESG) principles.


  • Víctor Matarranz.

    The Head of Wealth Management & Insurance and Senior Executive Vice President.

    Non-IFRS and alternate measures of performance.

    Addition, the most recent quarterly Financial Report of Banco Santander, as well as the Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission, can be found on Santander’s website (www.Santander.Com). Please refer to the annex section of Santander’s website to see the consolidated financial statements presented under IFRS, which include the relevant financial data and management indicators. Furthermore, for further details on the Measures Non-IFRS and APMs used by Banco Santander, including their definition and any applicable reconciliation or comparative information, please refer to the supplemental information provided. It should be noted that these measures may be calculated or used differently by other companies in our industry, and should be considered as supplemental measures when evaluating our business. While these measures have not been reviewed or audited by our auditors, we believe that they provide useful information in addition to the financial information derived from our financial statements prepared in accordance with International Financial Reporting Standards (IFRS).

    The results of operations and trends displayed for the business areas of the Santander Group may vary significantly from those of its subsidiaries. The documentation of the Santander Group encompasses the business areas that align with the business areas specified in terms of name or geographical description. Certain publicly listed subsidiaries are part of this group. The financial information prepared and disclosed separately by these subsidiaries may diverge from the businesses included in each primary segment of the Santander Group and the accounting principles utilized to present their results in such documents.