Chilean Broker dealer

Larraín Vial S.A. Corredora de Bolsa is regulated by the Financial Market Commission (CMF) and is backed by its 90 years of history and the work of over 800 professionals.

Guillermo Undurraga

Guillermo Undurraga

Position: Director

Guillermo Undurraga is Commercial Director of LarrainVial. He joined the company in 1980 as a desk trader and later became a floor trader. He was appointed to his current position in 1985. Prior to joining the company, he worked at Banco Colocadora Nacional de Valores and Banco Continental.

Claudio Larraín

Claudio Larraín

Position: Director

Claudio Larraín is Institutional Distribution Manager of LarrainVial Corredora de Bolsa. He joined the company in 1994. He is also an executive director of LarrainVial Securities US LLC. Claudio holds a degree in Business Administration from Universidad de Chile and an MBA from the University of Miami.

Gonzalo Córdova

Gonzalo Córdova

Position: Director

Gonzalo Córdova is General Manager of Wealth Management. He joined LarrainVial in 2002, assuming roles in the high-net-worth clients department. Previously he worked at BCI, Black & Decker (in the US), and was the Finance and Administration Manager of Textiles America y Litco Co. Gonzalo holds a degree in Business Administration from Universidad Diego Portales and an MBA and MSF from Loyola University Maryland.

Felipe Porzio

Felipe Porzio

Position: Director

Felipe Porzio is Director of Corporate Finance at LarrainVial. Before joining the company in 1997, he worked at Consorcio Nacional de Seguros. Felipe holds a degree in Business Administration from Universidad Católica de Chile and a MSc in Management from Stanford University.

Andres Trivelli

Andres Trivelli

Position: CEO

Andres Trivelli is the CEO of LarrainVial Corredora de Bolsa. He joined LarrainVial in 2004. Prior to his appointment as CEO, he was the firm’s Institutional Distribution Manager. Previously, he worked in the commercial operations of Compañía Minera Doña Inés de Collahuasi. Andrés is a Civil Industrial Engineer from Universidad de Chile and holds an MBA from Cornell University.

Our Team

Portfolio management

Global solution providing diverse investment strategies, encompassing the full spectrum of alternatives in Chile and abroad. We provide clients with risk-return optimized portfolios that best fit their investment profile.

APV, Voluntary Pension Savings

Savings vehicle that complements the mandatory individual capitalization accounts held with Pension Fund Managers (AFPs).

Financial advisory

Advisory service for clients providing them access to the local and international portfolios offered by the strategy team.

FX trading

Foreign currency trading in accordance with instructions in the Financial Market Commission’s Circular 1046.

Repurchase agreements (repos)

Spot sales and subsequent repurchases of financial instruments, conducted jointly and simultaneously with forward sales and repurchases of the same or other equivalent instruments, which the parties have agreed are substitutes of the former.

Financial intermediation

Purchase and sale of financial assets like stocks, bonds, investment funds, among others.

Derivatives and forwards

Contracts whereby two parties agree to buy or sell a given asset, or a price index on a given asset, at a predetermined price at a future date.

Mutual funds

An investment vehicle that pools contributions from many retail investors who aim to invest in several types of securities. They are managed by a team of experts who invest in financial instruments in various countries, sectors and currencies, thus building a diversified portfolio of assets.

Investments in foreign markets

Investment opportunities in global markets, equities, fixed income, currencies, through the opening of an account abroad.

Margin trading

Financial transaction consisting of the purchase or sale of securities with the commitment to repurchase or resell them in the short term.

Short selling

Borrowing shares, to sell and repurchase them on a pre-determined date. This is a risky investment strategy.