Wealth manager BiscayneCapital has opened a new office in Montevideo, UY, as part of its growth strategy.
Ignacio Sienra will manage the new wealth management office, which is located in Uruguay's World Trade Center, within the Buceo district. The new office is the firm's second in Uruguay and will serve ultra high net worth clients.
BiscayneCapital, in a bid to reinforce its development plans, is also set on hiring additional financial advisors, as well as establishing more satellite offices in key markets within Latin America, the firm said.
Founded in 2005, BiscayneCapital's global headquarters are based in Miami, FL. The firm already has numerous satellite office across Latin America.