BTG Pactual is a public company run by a meritocratic partnership model, currently with 64 partners and 175 associates, in a flat and open management structure, encouraging the exchange of ideas and teamwork.
We consider people to be our most valuable asset. It is our culture and partnership structure that allows us to attract, retain and motivate highly talented professionals. Our recruiting strategy and training are aimed at producing future partners. The culture is centered on the recognition of individual merit and a competitive compensation system that rewards teamwork, an entrepreneurial spirit and initiative. Our most valuable professionals become partners.
Every year, the stockholdings of each partner are reviewed according to the performance in the period. We believe this model (i) fosters a culture of teamwork, talent development, entrepreneurship, meritocracy and long-term commitment, (ii) strongly enhances the integration of our business units and maximizes cross-selling of our products, (iii) increases our ability to attract the best available talent, and (iv) facilitates a lean and cost efficient organizational structure.
With the exception of the Board of Directors, which includes non-executive members, all the other Directors and main executives of BTG Pactual are partners with a full-time commitment to the bank.