Insigneo announced the appointment of Michael Averett as Chief Revenue Officer (CRO). This newly created role, based in Miami, will be reporting to Javier Rivero, President & COO of Insigneo.
As CRO, Averett will be overseeing the firm’s revenue-generating facets and actively driving the company’s organic growth strategy, the firm said.
Averett brings to Insigneo more than two decades of experience in financial services, concentrated in the United States as well as in Latin America. He has held leadership roles at Citigroup and led teams that delivered annual revenues of more than $150 million and, most recently, as Head of Business Development for Bolton Global Capital.
His expertise spans all functional areas of Global Wealth Management, including Cross-Border Team Leadership, Securities Industry Regulatory Environment, Business Strategy and P&L Management, showcasing a robust and proven track record in the financial services space.
He holds a Master of International Management from the Thunderbird School of Global Management and has his Series 7, 9, 10, 24 and 66 investment licenses.
During his career at Citi, Averett, who is fluent in Spanish, lived in Mexico and Colombia, where he gained valuable insights and experiences that contribute to his global perspective.
“We are delighted to welcome Michael to our growing Insigneo family; we are confident that his experience and background will complement our senior management team to contribute greatly to the future development and success of the firm and our clients,” mentioned Rivero.
The addition of Michael Averett to Insigneo’s leadership team highlights the company’s continued momentum to attract top industry talent, reinforcing its commitment to growth and excellence. With this incorporation, the company is poised for continued success by providing an exceptional experience to its network of investment professionals and positioning Insigneo as a leader, concluded the statement.