Andy Sieg, current head of Merrill's Global Wealth and Retirement Solutions division, will succeed John Thiel as head of Merrill Lynch Wealth Management, effective January 1, 2017. Thiel will still serve as vice chairman of ML Global Wealth and Investment Management.
Citi Private Bank continues to build out Latin American team
September 29, 2016 by
As newly named head of the Latin American multi-asset trading & advisory team, Nicolas Schmidt-Urzua will be responsible for providing complex trading solutions to the firm’s most sophisticated capital markets clients, including active traders.
HSBC Private Bank appoints US head of investment services and product solutions
September 29, 2016 by
Russell Schofield-Bezer will be responsible for the development and delivery of investment services and offerings to clients, the performance of discretionary and advisory mandates in the region, and the development of new initiatives and product ideas for local distribution.
Lombard International opens new office in Miami
September 28, 2016 by
“The Miami office serves as a gateway for us to engage with and educate advisors of the Latin American high-net-worth community,” said Helmer Arizmendy, senior managing director and Latin America region head for Lombard International.
Scotia Wealth in Mexico allocates USD 650 million to third parties
September 15, 2016 by
Open architecture allows newly branded Scotia Wealth Management to offer the best solutions to its affluent Mexican clients, said VP Jaime Montemayor.
Moneda taps Rojas to head its HNW segment
August 28, 2016 by
Traditionally an institutional manager, Moneda has been making inroads into the private-client segment, in response to demand from wealthy Chileans and the need to diversify the composition of its investor base and product lines.
Fidelity uncovers what drives millionaires to recommend their advisors
August 23, 2016 by
“We have entered a ‘referral economy’ – where we, as consumers, thrive on sharing the people and things we value with those in our social and professional networks,” says Fidelity's Bob Oros.
Morgan Stanley opens third Miami office dedicated to Latin American wealth management
June 23, 2016 by
James Jesse, head of International Wealth Management, said he considers the "meeting the offshore-wealth-management needs of Latin American clients" to be a significant growth opportunity. Most of the 22 advisors at the new office are former Credit Suisse employees.
Deutsche hires Patrick Campion as head of Americas wealth management
May 18, 2016 by
Campion, a managing director, will report to Fabrizio Campelli, global head of Deutsche Bank Wealth Management and will become a member of the Wealth Management Executive Committee.
Sura Mexico makes larger play for affluent business
April 15, 2016 by
Sura's "High-Net-Worth Plus" segment aims to attract clients based in part on personalized attention and access to international strategies, says Luis Ortiz, CEO of the voluntary business at Sura Mexico.
