Introduction to Jalisco’s Investment Landscape
Guadalajara, Jalisco, is home to 723,000 investment accounts and 598,000 clients, making it the third most dynamic state in Mexico’s investment market after the State of Mexico and the City of Mexico, according to Eduardo Yglesias Aspe, Director of Advisor Development at Grupo Bursátil Mexicano (GBM).
Growth and Opportunities
Despite this growth, Yglesias Aspe highlighted a significant gap between the expanding investor base and the limited number of investment advisors available.
“There is a shortage of investment advisors, and at GBM, we aim to professionalize and empower this role so that more Mexicans can benefit from the value it brings,” he explained.
Yglesias Aspe emphasized that working with a specialist leads to better performance, diversified portfolios tailored to individual investors’ needs.
Economic Performance and Potential
According to data from the National Institute of Statistics and Geography, as well as Jalisco’s Institute of Statistical and Geographical Information, Yglesias Aspe noted that Jalisco accounted for 7.4% of Mexico’s national GDP in 2022 and experienced a real annual growth rate of 5%.
Moreover, with over four million economically active individuals in Jalisco, the Director of Advisor Development sees a substantial opportunity to further expand financial literacy in the region.
“Four million economically active individuals in Jalisco signify the state’s immense potential. This is why we want to be closer and help stimulate investment,” he added.
GBM’s Approach to Investment Accessibility
GBM seeks to democratize access to various investment instruments for the population through technology and professional guidance, according to Yglesias Aspe.
“We don’t require a minimum amount; the investment value desired by the client is what we need.”
Key Questions and Answers
- What is Jalisco’s position in Mexico’s investment market? Jalisco ranks third, with 723,000 investment accounts and 598,000 clients, following the State of Mexico and the City of Mexico.
- What challenges does Jalisco face in its investment market? There is a significant gap between the growing investor base and the limited number of investment advisors available.
- How does GBM aim to address this challenge? GBM seeks to professionalize and empower investment advisors to benefit more Mexicans.
- What is Jalisco’s contribution to Mexico’s economy? Jalisco accounted for 7.4% of Mexico’s national GDP in 2022 and experienced a real annual growth rate of 5%.
- What is the potential of Jalisco’s economically active population? With over four million economically active individuals, Jalisco presents a substantial opportunity for expanding financial literacy.
- How does GBM ensure accessibility to investment instruments? GBM utilizes technology and professional guidance to make various investment options available to the general public, regardless of minimum investment amounts.
