It is estimated that multifamily offices manage about USD 3 billion, approximately 10% of the amounts managed by traditional single family offices, belonging to the richest families in Chile.
Carlyle names Jeff Holland head of Private Client Group
April 14, 2014 by
Holland's group will in part focus on arrangements with bank feeder funds and other financial advisors through which high-net-worth and other qualified individuals may gain access to a range of Carlyle alternative asset products.
Santander said to scoop up BNP’s Miami-based wealth unit
April 2, 2014 by
In a move sure to further boltster its standing as a major player in the Latin American wealth-management segment, Banco Santander is said to have purchased the USD 3 billion Miami private-banking portfolio of BNP Paribas.
BTG Pactual hires Jaime Maluk for new annuity unit
April 1, 2014 by
Jaime Maluk (photo), a well-known executive in the Chilean financial sector and former CEO of the local brokerage firms Euroamérica and Cruz del Sur, will lead BTG into the Chilean insurance market.
Chilean wealth management clients optimistic
July 3, 2012 by
A survey reveals that in the global crisis, Chileans are relying more on local investment instruments. Most investors are guided by newspapers and magazines when taking decisions, against 39% who use financial advisors.
