# Pichardo Asset Management

Pichardo Asset Management is an Asset Manager based in Mexico City, Mexico.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Mexico City, Mexico
- **Region:** Latin America
- **Address:** Mexico City, Mexico
- **Assets under management:** Undisclosed
- **Website:** pichardoasset.com

## Regulatory record

- **CRD number:** 126683
- **SEC file number:** 801-62108
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/126683

## About

Pichardo Asset Management, S.A. de C.V. is a SEC-registered investment adviser in Mexico City, registered since 2003. The firm manages approximately $90 million in assets, with $65 million on a discretionary basis. It employs 8 staff and 5 investment advisers.

## Sectors

- Public Equities

## Questions

### How long has Pichardo Asset Management been operating?

Pichardo Asset Management is a longstanding participant in the Mexican capital markets, with a history that traces back several decades to the earlier stages of the country's modern equity market development. Its multi-cycle experience provides continuity and deep local issuer relationships that are uncommon among smaller independent managers.

### Does Pichardo Asset Management manage ETFs?

Yes, the firm is known for its involvement with Mexican exchange-traded funds, acting as an advisor or sub-advisor on vehicles that track the country's equity market. This ETF-related business complements its institutional separate-account mandates and provides a vehicle for retail and international investors seeking Mexican equity exposure.

### Who are the typical clients of Pichardo Asset Management?

The firm serves both institutional and individual investors. Its client base includes pension funds, family offices, and retail investors who access its strategies through pooled vehicles or separate accounts. Its products are designed for allocators seeking dedicated, single-country Mexican equity exposure rather than broad emerging-market baskets.

### Is Pichardo Asset Management an independent firm?

Yes, Pichardo Asset Management operates as an independent boutique investment manager. In a landscape where many local Latin American managers have been acquired by global financial conglomerates, its independent structure allows it to maintain a concentrated focus on its core Mexican equity mandate without the product proliferation or style drift that can accompany a larger parent organization.

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- [McKee Investment Planning](https://altss.com/profile/mckee-investment-planning-inc)
- [Cardiff Park Advisors](https://altss.com/profile/cardiff-park-advisors)

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Last updated: 2026-06-03T20:00:00.000Z

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