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Stock impact report

XP Inc. signals accelerating retail net new money to BRL 20B per quarter while advancing fee-based model [Seeking Alpha]

XP Inc. - Class A (XP) 
Company Research Source: Seeking Alpha
CEO Thiago Maffra highlighted 2025 as a pivotal year for XP, citing "significant progress on our agenda of excellence," including a "new way to attend and serve clients," an upgraded app, and a new credit card Quick Insights Management acknowledges fixed income revenue compression and margin pressures as challenges, stating activities like shorter duration products and client mix are contributing factors. However, they express confidence in ongoing technology and business initiatives to help sustain growth, though with some caution around macro volatility and take rate pressure. XP Inc. emphasizes growing its fee-based model (now 21% of retail AUC) and upgrading client services as sources of sustained competitive advantage, aiming to democratize high-quality wealth planning across client segments and drive cross-sell growth. Key risks include low credit spreads, anticipated election-year volatility, regulatory changes, and potential challenges in executing their asset warehou Show less Read more
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