Overview
M&H, based in Buenos Aires, Argentina, operates as an unregulated broker offering a range of financial services, including investments, financing, and expert advice. Notably, there is no specified minimum investment amount, making it accessible to a wide range of investors. The company provides customer support through phone, fax, its website, and social media channels, ensuring clients have multiple avenues for assistance. However, it's important to note that M&H's unregulated status may be a point of concern for potential investors, as it lacks oversight from financial regulatory authorities. Therefore, individuals are advised to exercise caution and conduct thorough research when considering transactions with this company.
Regulation
M&H is an unregulated broker, which means it operates without oversight from any financial regulatory authority. This lack of regulation can pose significant risks to investors, as there are no safeguards in place to protect their interests. Unregulated brokers may engage in unethical or fraudulent practices, potentially leading to financial losses for their clients. Additionally, investors may have limited recourse in case of disputes or issues with M&H, as they won't have the backing of a regulatory body to turn to for assistance. It is advisable for individuals to exercise caution and thoroughly research any unregulated broker before considering any financial transactions with them.
Pros and Cons
M&H offers a range of financial services, including investments, financing, and expert advice, but it operates as an unregulated broker, which can pose risks to investors. Here's an overview of the pros and cons:
Overall, M&H offers a comprehensive suite of financial services, but its unregulated status may be a concern for some investors. While they provide a variety of investment options and expert guidance, potential risks exist due to the lack of regulatory oversight. Therefore, investors should exercise caution and conduct thorough research when dealing with this unregulated broker.
Services
M&H provides a comprehensive suite of financial services to meet the diverse needs of their clients. These services are organized into four main categories: Investments, Obtaining Financing, Advice, and Additional Benefits.
Investments: M&H offers a wide range of investment opportunities, including shares, bonds in both pesos and foreign currency, debt securities, participation certificates issued by financial trusts, options (calls and puts), deferred payment checks, Letes, Lebac, negotiable obligations, and pass and bond operations. This diverse portfolio allows clients to tailor their investments to their specific preferences and risk profiles.
Obtaining Financing: M&H assists clients in obtaining financing through two primary avenues. In the realm of corporate finance, they actively participate in the issuance of negotiable obligations and financial trusts. M&H has a strategic operating agreement with Banco de Valores SA, a leader in the issuance of financial trusts in the consumer sector. For SME financing, clients can leverage the stock market to negotiate deferred payment checks issued by themselves or third parties. M&H collaborates with Reciprocal Guarantee Companies (SGR) to facilitate these operations and maintain liquidity.
Advice: M&H prides itself on offering expert advice in various financial domains. They assist clients in setting up hedge strategies using indices and options. Additionally, they provide individual finance guidance by conducting risk analyses based on factors such as age, income, expected investment horizon, and risk tolerance. For legal entities, M&H offers financial advice in both corporate finance and SME finance. They also provide market opinions on stock trading, fixed income instruments, and options trading. Collaborating with clients' tax advisors, they help analyze the tax implications of each financial operation, ensuring clients make informed decisions.
Additional Benefits: M&H goes the extra mile to provide clients with valuable additional benefits. They furnish clients with detailed information on their operations, including quarterly holding statements from Caja de Valores SA. Real-time operation updates are available through various channels, including phone, email, or encrypted website queries. Transparency is a top priority, with all operations executed in the institutional market in real time through SINAC. Clients have the option to monitor orders and market conditions instantly via the Stock Exchange website or M&H terminals. Furthermore, M&H ensures the security and support of operations through their association with the Buenos Aires Stock Market. They guarantee the principal, provide direct deposit options, and facilitate asset transfers to clients' personal accounts at Caja de Valores SA. Speed and precision in execution are maintained through a team of operators, both on the “floor” and through SINAC. M&H offers competitive tariffs to optimize investment returns while maintaining the utmost confidentiality and professionalism in all their operations and data access.
How to open an account？
To open a client account with M&H, you will need to follow these steps and provide the required documentation:
For Physical Persons:
Photocopy of DNI/Le/Lc (Ci only for foreigners): Provide a photocopy of your national identity card (DNI), passport (for foreigners), or other identification documents as specified.
Photocopy Cuit/Cuil: Include a photocopy of your CUIT (Clave Única de Identificación Tributaria) or CUIL (Clave Única de Identificación Laboral), which are tax identification numbers in Argentina.
Request for Funds: Prepare a request for funds, which may include proof of income such as your last three income or billing receipts, as applicable. If your funds come from property sales, inheritances, or other sources, provide proof of the origin of funds.
Income Tax Declaration (if applicable): If applicable, submit your income tax declaration documents.
Declaration of Personal Assets (if applicable): If required, provide a declaration of your personal assets.
For Legal Persons:
Signature Record: Maintain a record of authorized signatures for the legal entity.
Statute / Social Contract: Include a copy of the statute or social contract of the legal entity.
Board Appointment Minutes: Provide minutes documenting the appointment of the board of directors.
Appointment of Positions Minutes: Include minutes that confirm the appointment of key positions within the organization.
Powers: Submit relevant documents granting powers to act on behalf of the legal entity.
Branch Details: Provide details about the legal entity's branches, if applicable.
Proof of Tax Registration: Include proof of tax registration for the legal entity.
Latest Balance: Submit the legal entity's latest balance sheet.
Affidavit of Earnings: Prepare an affidavit of earnings for the legal entity.
Declaration of Legality of Funds: Provide a declaration confirming the legality of the funds being used for investment.
Registration in AFIP: Include documentation confirming the legal entity's registration with AFIP (Administración Federal de Ingresos Públicos), the tax agency in Argentina.
Regarding the minimum investment amount, M&H does not require a specific minimum amount to open and operate an account. However, it is advisable to consider certain amounts for specific investment instruments to potentially achieve higher profitability.
Please note that requirements may vary or change over time, so it's essential to verify the most up-to-date account opening requirements by contacting M&H directly or visiting their official website for any updates or additional information.
Funding
Funding your stock account with M&H is a straightforward process, and you can follow these steps to transfer both pesos and dollars:
To Transfer Pesos:
Bank Transfer: Initiate a bank transfer from your existing bank account to M&H's checking account at Banco de Valores SA.
Bank: Banco de Valores SA
Account Number: 3 /001/ 0000000127/ 0
CBU (Clave Bancaria Uniforme): 1980001730000000012701
CUIT (Clave Única de Identificación Tributaria): 30-56136274-9
Send Proof: It is important to send proof of your bank transfer to the email address: adavila@maestroyhuerres.com for accreditation. This step ensures that your funds are correctly credited to your stock account.
MEP Operations: If you are engaging in MEP (Mercado Electrónico de Pagos) operations, make sure that the MEP receiving account matches your MEP affiliation data.
To Transfer Dollars:
Bank Transfer in Dollars: Transfer funds in dollars from your bank to M&H's dollar savings account at Banco de Valores SA.
Bank: Banco de Valores SA
Account Number: 9-001-0000010256-0
CBU (Clave Bancaria Uniforme): 1980001790000001025603
CUIT (Clave Única de Identificación Tributaria): 30-56136274-9
Send Proof: Similar to the peso transfer, send proof of your dollar bank transfer to the email address: adavila@maestroyhuerres.com for accreditation.
MEP Operations: If you are involved in MEP operations, ensure that the MEP receiving account aligns with your MEP affiliation data.
Important Notes:
All funds, whether in pesos or dollars, must be credited through a bank transfer and not in the form of a deposit.
If you have any questions or require assistance before making the transfer, you can contact M&H by using the contact form located at the bottom of their webpage or by calling them at 4394-7212.
Following these steps will allow you to successfully fund your stock account with M&H, ensuring that your funds are securely transferred and credited to your account for investment purposes.
Customer Support
M&H provides accessible and responsive customer support to its clients through various channels. Clients can reach their customer support team via phone at (011) 4394-7212, which includes rotating lines for efficient assistance. Additionally, they offer fax communication at (011) 4394-8307. For online inquiries and updates, clients can connect with M&H through their official website and social media presence on platforms like Facebook (/maestroyhuerres) and Twitter (@maestroyhuerres). This multi-channel approach ensures that clients can easily access support and stay informed about their financial and investment activities.
Summary
M&H is an unregulated broker that offers a comprehensive range of financial services, including investments, obtaining financing, and expert advice across various financial domains. They provide clients with a diverse portfolio of investment opportunities and prioritize transparency and security in their operations. Opening an account requires specific documentation, and there is no specified minimum investment amount. Clients can conveniently fund their accounts by initiating bank transfers for both pesos and dollars. The company maintains accessible customer support through phone, fax, and online channels, ensuring clients have multiple options for assistance and information access.
FAQs
Q1: Is M&H regulated by financial authorities？
A1: No, M&H is an unregulated broker, operating without oversight from financial regulatory authorities.
Q2: What services does M&H offer？
A2: M&H provides a wide range of financial services, including investments, obtaining financing, expert advice, and additional benefits.
Q3: Is there a minimum amount required to open an account with M&H？
A3: No, there is no specific minimum investment amount required to open and operate an account with M&H.
Q4: How can I fund my stock account with M&H？
A4: You can fund your account by initiating bank transfers in pesos or dollars to the specified Banco de Valores SA accounts, and you should send proof of the transfer for accreditation.
Q5: How can I contact M&H's customer support？
A5: You can reach M&H's customer support team by calling (011) 4394-7212, or you can use fax at (011) 4394-8307. They also maintain an online presence on their website, Facebook, and Twitter for inquiries and updates.
