Miami-based SupraBrokers created its Supra Wealth Management division to offer new investment opportunities and enhanced financial planning solutions for its clients.
To support the launch of the new Wealth Management division, the company signed an agreement with StoneX, a global financial services platform, expanding its product and solutions offerings for businesses, organizations and investors.
SupraBrokers, with presence in the US, Mexico, Guatemala, Ecuador, Argentina and Uruguay, has Juan Camilo Vargas as Managing Partner of the Wealth Management operation, together with a “team of professionals and specialists in capital markets”, says the company’s press release accessed by Funds Society.
Supra Wealth Management will be the division specialized in wealth management, investments, planning and financial solutions, and is designed to meet the challenges of access to global markets through customized products according to the needs of its clients. It is a registered and supervised entity by the Central Bank of Uruguay with an active license as a Portfolio Manager.
StoneX Group, formerly known as INTL FCStone, connects clients to global markets by offering them access to a wide range of investment solutions and products.
It begins “a new stage with great challenges, but we are sure that our more than 30 years of experience are a guarantee of quality and added value for our entire network,” said Vargas.
On the other hand, SupraBrokers CEO, Robert Parra spoke about the new bet on the Wealth Management division that “is a game changer for us and allows our distribution partners to broaden their horizons by offering their high-level clients a competitive private banking platform, as well as professional investment advice”.
SupraBrokers defines itself as a leading insurance and investment broker in Latin America, with more than 30 years in the industry. It is headquartered in Miami and has offices in Mexico City, Buenos Aires, Montevideo, Guatemala, Quito and Guayaquil.
Through its platform, it connects agents and insurers “in a transparent ecosystem that allows all parties to work efficiently, guaranteeing the well-being of individuals and corporate clients,” the company explains.