For the 2026 Brazil Local Broker results, Extel received responses from over 714 investment professionals at 440 institutions.
To create the Local Broker results, Brazil research is aggregated with Brazil sales, corporate access, and trading & execution to create the overall Best Overall Brazil Local Broker results.
The individuals surveyed are kept confidential to ensure continuing cooperation. Voters must meet eligibility requirements, and winners must achieve a minimum vote count.
August 4, 2026
A group of domestic firms are have been recognized by the Extel’s 2026 Brazil Local Broker results based on responses from more than 714 investment professionals at 440 institutions.
To create the Local Broker results, Brazil research is aggregated with Brazil sales, corporate access, and trading & execution to create the overall Best Overall Brazil Local Broker results.
"This year has been particularly challenging for investors in Brazil, with both country-specific and external factors driving market movements,” observed Adam Cherry, global head of Institutional Equity Sales at Itaú BBA. “Our Sales Team, based across Europe, São Paulo, and New York, operates as a cohesive unit, leveraging our collective local expertise to deliver unique, value-added insights to clients globally."
Brazil Is at a Crossroads. These Local Firms Are a Beacon. August 4, 2026
Methodology summary
Survey Information 