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Andbanc Advisory
Andbanc Advisory steers US investments for the Cerqueda and Ribas families, founders of Andorran private bank Andbank.
Andbanc Advisory
Andbanc Advisory, LLC acts as the US nexus for the wealth generated by the Andbank Group, a private banking institution established in Andorra by the Cerqueda and Ribas families. The entity functions less as a standalone office and more as a transatlantic conduit, directing European balance-sheet capital toward American investment opportunities while maintaining regulatory and operational symbiosis with the parent bank. The firm's known investment activities suggest a mandate that blends private market allocations with tangible asset acquisition. Its portfolio includes direct real estate holdings spread across Andorra, Spain, and the United States under the Andbank Group banner. The office also maintains interests in collector-grade physical assets, evidenced by a Ferrari 360 Challenge held within its scope. Its strategic alignment with Miami-based Boreal Capital Management LLC points to a preference for co-resourced structures over fully insourced US teams. Operational scale remains entirely private; no personnel headcount or total deployment figures are publicly available. Andbanc Advisory's US posture relies on shared management and resources with Boreal Capital Management LLC, an affiliate that mirrors its cross-border function. Philanthropic activities route through commitments to the Fero Cancer Research Foundation and the Pasqual Maragall Foundation, and the firm's corporate citizenship extends to memberships in the European Venture Philanthropy Association (EVPA) and Barcelona Global. Its structural differentiator lies in the parent bank's sovereignty over the family office. Rather than managing exogenous client assets or raising third-party funds, Andbanc Advisory exists to steward and invest the owners' proprietary capital generated by the Andbank franchise—a model where the private bank is the wealth origin, not merely a service provider to the family office.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
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Country
—
City
—
Corporate office
—
Principals
Cerqueda Family
Founder, Owner of Andbank Group
Ribas Family
Founder, Owner of Andbank Group
Sector focus
Frequently asked questions
How is Andbanc Advisory related to Andbank?
Andbanc Advisory, LLC is the US-based investment entity for the Cerqueda and Ribas families, who founded and own the Andbank Group. Rather than a client of the bank, the family office is the direct owner of the underlying wealth-generating banking franchise based in Andorra.
What does Andbanc Advisory invest in?
Its known portfolio spans direct real estate across global markets including Andorra, Spain, and the United States, along with specific tangible assets like a Ferrari 360 Challenge. The office collaborates closely with Miami-based Boreal Capital Management LLC, suggesting a shared-resource approach to US alternative investments.
Is Andbanc Advisory a multi-family office that accepts outside capital?
No. It operates specifically for the Cerqueda and Ribas families, the owners of the Andbank Group. There is no public evidence that it invests on behalf of external clients or functions as a multi-family office.
Does Andbanc Advisory have a philanthropic focus?
Yes, it directs philanthropic capital toward medical research and social causes. Documented support includes the Fero Cancer Research Foundation and the Pasqual Maragall Foundation, and the firm participates in professional networks such as the European Venture Philanthropy Association.
Who manages day-to-day investments for Andbanc Advisory?
The names of the firm's investment committee members or managing directors are not publicly disclosed. Its operational structure relies on shared management with affiliates like Boreal Capital Management LLC, rather than a highly visible, standalone US leadership team.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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