AIs Livres

AIs Livres is a Brazilian association representing and advocating for investment advisers, with a focus on strengthening the profession and contributing to the capital markets. Founded on March 21, 2019, the organization describes itself as independent of brokerage firms and works to defend advisers’ professional interests through ethical, impartial, and proactive advocacy. Its stated achievements include helping secure an 80% reduction in a CVM fee, ending exclusivity requirements, enabling non-adviser partners, and allowing advisory firms to hire individual advisers through outsourcing or employment arrangements while retaining partnership options.

The association shares information and resources through publications, articles, assembly minutes, petitions, notifications, events, study materials, and a professional code of ethics. It also promotes educational initiatives and invites advisers to join or sponsor its work. Current priorities include education-based alternatives to recurring qualification requirements, communicating advisers’ rights and role, and advocating for expanded client and product access. AIs Livres aims to develop, credential, and oversee investment advisers while adding value for members and Brazil’s capital markets.