Tavelli & Cía. S.A. adopts a transparent fee structure tailored to its array of services:
Private Securities: Fees range from 1.3068% to a minimum of $605 for purchase/sale transactions. Dividend taxation varies: 2.42% for AR$, 0.35% (converted) for USD and EURO. Subscriptions are charged at 2.42% with a minimum fee of $484.
Sovereign Bonds: Purchase/sale fees vary from 0.51% to 1.51%, with a minimum of $500. An income fee of 0.85% applies. For LETES (USD-denominated Treasury Bills), the fee at maturity is 0.125%, and repayment incurs a 0.35% fee, with a minimum fee of $484.
Securities Pledges: Underwriter fees stand at 0.287%, while borrower fees are 0.413%, both with a minimum of $484. Income withholding rates are 3% for registered and 10% for non-registered securities.
Deferred Payment Checks: Purchase fees are 0.39%, with income tax withholding rates of 3% for registered and 10% for non-registered checks.
Investment Mutual Funds: Management company fees range from 0.62% to 2.02%, while depository company fees are fixed at 0.18%. Different funds such as Tavelli Mix, Tavelli Plus, Tavelli Renta, Tavelli Pymes, and Tavelli Global each have their own fee structures.
Options: Purchase/sale transactions incur fees of 2.015%, with a minimum of $484.
Other: Account maintenance costs $726. Account opening and stock exchange advice are free. Mutual fund fees include no front-end, back-end, or maintenance costs, with the annual fee incorporated into each share's price.
For more detailed information about fees for each product, you can visit https://tavelli.com.ar/en/comisiones-y-aranceles.
Customer Service
Tavelli ensures accessible customer service through various channels. Clients can reach out via email to clientes@tavelli.com.ar for general inquiries, fondos@tavelli.com.ar for mutual fund-related queries, andbolsa@tavelli.com.ar for brokerage matters.
Tavelli's physical address, located at 25 de Mayo 267 7th floor, (C1002ABE) Buenos Aires, Argentine Republic, provides a central location for in-person inquiries and correspondence.
Alternatively, individuals can contact them directly via telephone at +54911 4343 7966.
For added convenience, Tavelli offers a “Contact Us” form on their website, enabling users to submit inquiries electronically.
Additionally, clients can engage with Tavelli through social media platforms such as Facebook, LinkedIn, and Twitter, where they can receive updates, news, and engage in direct communication.
Furthermore, a comprehensive FAQ section on their website provides answers to common queries, offering another avenue for self-service assistance.
Conclusion
In summary, Tavelli emerges as a venerable institution in the Argentine securities market, boasting a lineage dating back to 1942. With a wide spectrum of investment products ranging from equity and government securities to deferred payment checks and trust services, Tavelli meets the varied needs of investors.
Operating as its own Clearing and Settlement Agent and Managing Agent of Collective Investment Products, it offers mutual funds without front-end, back-end, or maintenance costs, making investing more accessible.
However, despite its robust offerings, Tavelli's lack of regulatory oversight raises concerns regarding consumer protection and financial security, prompting interested clients to weigh their options carefully.
Frequently Asked Questions (FAQs)
Is Tavelli regulated by any financial authority?
No, Tavelli operates without regulatory oversight, which raises concerns regarding consumer protection and financial security.
What types of securities can I invest in with Tavelli?
Tavelli offers a diverse range of securities for investment, including equity, government securities, deferred payment checks, trust services, and more.
What are the fees offered by Tavelli?
Tavelli's fees vary depending on the type of transaction and service. For example, fees for private securities transactions range from 1.3068% to a minimum of $605 for purchase/sale transactions.
Is Tavelli suitable for beginners?
No, Tavelli is not suitable for beginners due to its lack of regulatory oversight, which poses additional risks and complexities for novice investors.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.