"At the individual level alone, savings of around USD 8 billion have left Peru,” Roberto Montero, manager of BanBif's wealth banking division, told Fund Pro Latin America.
Citi signs sale agreement with Insigneo
December 20, 2021 by
Upon completion of the announced sale, Citi would be absent from the Latam offshore market, while maintaining an important presence in Miami.
Chilean platform Sherpa Wealth exceeding growth plans, negotiating with additional managers
August 4, 2021 by
Two years after its creation, the firm already has 80 independent financial advisors as associates and has closed agreements with some 20 local fund providers.
Local advisors witness asset shift abroad amid Chilean unrest
February 5, 2020 by
Multi-family offices and the HNW segments of local banks have followed large family offices in moving wealth outside the country, advisors told Fund Pro Latin America.
Portfolios of Mexico-based family offices are surprisingly diversified
July 3, 2019 by
Young but ambitious, the 50+ family offices operating in Mexico are stocked with alternatives. Investments in general are divided 50-50 between local and international, says Amexcap's Jaime García.
Renta4 to expand its offering of foreign funds and launch AGF
May 27, 2019 by
Renta4, a subsidiary of the Spanish bank of the same name, has begun to diversify its business model, adding fixed-income and high-net-worth services and a third-party fund platform to its equity-brokerage business.
Vontobel Wealth Management adds staff to target wealthy clients in Mexico and Brazil
May 22, 2019 by
Vontobel is seeking to hire bankers with Mexican client books for its Zurich office by year-end, according to published reports. But it has not ruled out opening a rep office in Mexico.
Ex-Principal Chile execs build USD 80 million book advising affluent clients
October 3, 2019 by
Value Advice's Rodrigo González says the firm targets affluent investors that are not receiving the level of service they deserve.
Sura eyes bigger slice of wealth segment in Mexico
February 26, 2018 by
With the idea of competing in the high-net-worth and private-banking segments, Grupo Sura is now seeking an agreement with a local brokerage firm, Pablo Sprenger, Sura's country CEO, said.
Headstrong millennials take financial planning into their own hands
December 13, 2017 by
“As we observe how Americans look at their financial future, younger generations continue to rewrite the rules for the rest of us,” said Aron Levine, head of Merrill Edge
