# Federico Lleonart

Source: https://firmaadvisory.com/federico-lleonart
Last updated: 2026-10-01

TYPE html>         Federico Lleonart, Treasury Consultant | FIRMA Advisory                            [Skip to main content](#main)

Founder, Head of Treasury Advisory at FIRMA Advisory

Federico Lleonart is the founder of FIRMA Advisory and its Head of Treasury Advisory. He advises CFOs, private equity firms and their portfolio companies on treasury, banking, liquidity, FX and cross-border structure. His clients have USD 50M to 2B in revenue across the United States, Europe and Latin America. He previously worked in cash management at J.P. Morgan and Barclays.

## Cash management and transaction banking

A banking career at J.P. Morgan and Barclays, from 2018 to 2026.

1.  J.P. Morgan · Brussels and Amsterdam
    
    ### Analyst to Vice President, Cash Management and Treasury Services
    
    Client segment: subsidiaries of multinational groups with cross-border banking needs.
    
    Products: cash management, liquidity, FX, credit and cross-border transaction banking.
    
2.  Barclays · Amsterdam
    
    ### Vice President, Cash Management Sales
    
    Client segment: subsidiaries of multinational groups with cross-border banking needs.
    
    Products: cash management, liquidity, FX, credit and cross-border transaction banking.
    
3.  FIRMA Advisory · Orlando, Florida
    
    ### Founder, Head of Treasury Advisory
    
    Independent treasury and banking consulting for CFOs, private equity firms and their portfolio companies.
    
    No bank affiliation, no products to sell and no client funds held.
    

## Areas of practice

-   [Independent financial advisory](https://firmaadvisory.com/cfo-advisory-services)
-   [Cash management advisory](https://firmaadvisory.com/treasury-liquidity-strategy)
-   [Treasury optimization](https://firmaadvisory.com/treasury-liquidity-strategy)
-   [Interest rate management](https://firmaadvisory.com/treasury-liquidity-strategy)
-   [Banking fee negotiation and bank cost reduction](https://firmaadvisory.com/banking-cost-reduction)
-   [Private equity treasury and post-acquisition cost reduction](https://firmaadvisory.com/private-equity-treasury-advisory)
-   [Liquidity management](https://firmaadvisory.com/treasury-liquidity-strategy)
-   [Credit facility advisory](https://firmaadvisory.com/banking-financial-strategy)
-   [Trade finance advisory](https://firmaadvisory.com/banking-financial-strategy)
-   [FX cost optimization](https://firmaadvisory.com/fx-cost-optimization)
-   [Transactional banking advisory](https://firmaadvisory.com/financial-infrastructure-implementation)
-   [Bank account structuring and cash pooling](https://firmaadvisory.com/cross-border-financial-structuring)
-   [Banking relationship management and bank panel optimization](https://firmaadvisory.com/banking-financial-strategy)
-   [Treasury advisory for US-headquartered companies](https://firmaadvisory.com/cross-border-financial-structuring)

### Languages

English, Spanish, Portuguese, Italian and French.

### Regions

United States, Europe and Latin America, for companies with USD 50M to 2B in revenue.

## Why an independent former banker

Inside a bank, cash management is priced relationship by relationship. Transaction fees, balance terms, FX margins and credit are priced together, and the client rarely sees the full picture.

Federico sat on that side of the table at J.P. Morgan and Barclays. He knows how a bank builds a proposal and which requests a relationship team can take back for approval.

FIRMA Advisory is not a bank, broker, asset manager or investment adviser, and it never holds client funds. Federico has no product to sell. He now sits on the client’s side of the table.

## Insights by Federico Lleonart

[Federico Lleonart on LinkedIn](https://www.linkedin.com/in/federico-lleonart/)

### [Managing corporate banking relationships](https://firmaadvisory.com/insights/banking-relationships-2026)

The most under-managed financial asset.

### [Corporate cash management in 2026](https://firmaadvisory.com/insights/cash-management-2026)

From visibility to deployment.

### [EU vs US interest rates in 2026](https://firmaadvisory.com/insights/rates-eu-us-2026)

Implications for corporate treasury.

## Speak with Federico directly.

A short, confidential call is the fastest way to see whether an independent review fits your situation.

[Book a 30 minute call](https://firmaadvisory.com/contact) [contact@firmaadvisory.com](mailto:contact@firmaadvisory.com)