Key Questions:
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Why did BBVA decide to open BBVA Global Wealth Advisors in Miami?
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What specific investment solutions will this new service integrate?
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How will this initiative benefit high net worth Latin American clients?
IN Tips:
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BBVA Global Wealth Advisors targets non-resident Latin American clients in the USA with assets exceeding $500,000.
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Services offered include non-discretionary portfolio management and advisory accounts with comprehensive fees.
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Jaime Lázaro, director of BBVA Asset Management & Global Wealth, highlights the importance of combining local and global capabilities to provide added value to clients.
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Murat Kalkan, director of BBVA Global Wealth Advisors, emphasizes the service's critical role in meeting the growing demand from high net worth clients across various regions.
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The opening of BBVA Global Wealth Advisors strengthens BBVA's position in the wealth management sector, demonstrating its commitment to innovation and excellence in customer service.
IN Summary:
BBVA has inaugurated BBVA Global Wealth Advisors in Miami, Florida, to offer investment advisory services to Latin American high net worth clients. This initiative complements the group's international wealth management offering, aiming to provide international investment solutions to a select clientele.
IN Dossier:
In this initial phase, the service will primarily target Latin American clients interested in accessing international investment solutions in the USA. It will focus especially on non-resident clients in the USA with assets under management exceeding $500,000.
BBVA Global Wealth Advisors will offer a wide range of services, including non-discretionary portfolio management and advisory accounts with comprehensive fees. Clients will have the opportunity to access personalized attention tailored to their specific investment needs.
Jaime Lázaro, director of BBVA Asset Management & Global Wealth, underscores the importance of this initiative, stating: "The opening of BBVA Global Wealth Advisors in Miami will allow us to merge BBVA's local and global wealth management capabilities to offer greater value to our Latin American clients."
Murat Kalkan, director of BBVA Global Wealth Advisors, highlights: "Establishing our own investment advisory service in the USA for high net worth clients is a fundamental aspect of our value proposition. The launch of this service in the world's largest wealth management market will significantly complement the group's global offering and meet the growing demand from our clients across various regions."
BBVA Asset Management & Global Wealth is the unit responsible for coordinating BBVA's asset managers, investment advisors, and private banking services worldwide. With this new opening in Miami, the group strengthens its presence in the wealth management sector, reaffirming its commitment to offering innovative solutions tailored to the needs of its clients worldwide.