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Citi moves Chilean wealth biz to Miami as advisors exit


Citi moves Chilean wealth biz to Miami as advisors exit
29 Apr, 2021
Citi is closing its wealth management office in Santiago, Chile and will now cater to Chilean clients from its hub in Miami as part of the firm’s latest efforts to restructure its business in Latin America under new global wealth CEO Jim O’Donnell.
The firm’s Chilean wealth management business, which catered to local clients through a joint venture with Banco do Chile, provided wealth advisory and investment services to customers across the country. 
Following the office’s closure, Citi said its Chilean wealth accounts would now be run from its existing brokerage platform in Miami. ....

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