The AMCS Group, a Miami and Montevideo-based third-party distribution firm, announced the appointment of Carlos Aldavero as Head of Northeast US Offshore Sales.
“Aldavero joins the firm at an exciting time, as the business is seeking to significantly grow the market presence of its three asset management partners, AXA Investment Managers, Jupiter Asset Management and Man Group, while continuing to explore further expansion in areas such as alternative investments”, the press released said.
He will report to Chris Stapleton, co-founder and managing partner, who is based in Miami.
Aldavero core focus will be growing the presence of Jupiter Asset Management and Man Group funds with major wirehouse and global bank platforms, while also looking to capitalize on the growth of independent broker dealers that has been a burgeoning trend in the US non-resident wealth channel.
Aldavero was most recently President at Dominari Financial, a wealth management rollup private equity venture, where he built all enterprise infrastructure by sourcing and executing M&A deals, focused on the RIA/BD sector.
Prior to Dominari, he also spent almost a decade at Morgan Stanley Wealth Management, where he served as Associate Complex Manager to the largest Complex in the country, supervising and managing approximately 245 advisors, including more than 100 Internationally focused Advisors, servicing more than 40 countries globally.
Prior to Morgan Stanley, he held various senior leadership roles in New York at Merrill Lynch, Copernicus Institutional Advisors, Deutsche Bank Securities and Bear Stearns, with over 25 years of experience and deep knowledge of all aspects of financial services business.
Chris Stapleton, co-founder and managing partner, the AMCS Group, commented: “We are delighted to have Carlos join the AMCS Group. His experience with all aspects of the wealth management sector in the greater New York metro area and large network of international advisor relationships will help us to significantly enhance our footprint in the northeast and raise assets for our asset management partners. We recognize that, in the post pandemic era, an on-the-ground presence in New York to opportunistically connect with advisors is essential.”
On the other hand, Aldavero said: “I’m very excited to have joined the AMCS Group at such a pivotal time. The extremely strong and market leading lineup of funds across Jupiter and Man differentiates the group from others, making it a unique opportunity for growth within the US offshore market. I look forward to partnering with such a talented team and expand the firm’s business and presence in New York and the wider Northeast region.”
The AMCS Group team details:
Chris Stapleton, co-founder and managing partner, oversees global key account relationships across the region, as well as advisor relationships in the Northeast and West Coast.
Andres Munho, co-founder and managing partner, oversees all advisory and private banking relationships in South Florida, as well as firms located in the Northern Cone of LatAm, including Colombia and Mexico.
Santiago Sacias, managing partner, based in Montevideo, leads sales efforts in the Southern Cone region, which includes Argentina, Uruguay, Chile, Brazil and Peru. Alvaro Palenga, sales director, is responsible for select advisory and private banking relationships in greater Miami and the US Southwest.
Alfonso Penasco, head of marketing and product, leads AMCS’s marketing and events engine from Montevideo, as well as coordinating product and client strategy across the group.
The team is supported by Sebastián Araujo, sales associate and Virginia Gabilondo, client services manager.
