The author describes the historical pathway trailed by a psychoanalytical institution (Círculo Psicanalítico de Minas Gerais) in a developing country (Brazil) and the structural consequences to this institution. As this institution was founded according to Igor Caruso's non-orthodox proposals, it has been destined to be a pluralistic society, composed of members who follow multiple theoretical orientations. As all of these members are united in the same institution, they all have the same hierarchical rights. The author discusses the difficulties encountered in maintaining this sort of institution.