Amerant Investments is bolstering its commitment to the Latin American wealth management market with a strategy that extends beyond expanding its product offerings: it is recruiting executives with extensive experience from top U.S. wealth management platforms into its ranks.
The firm, a subsidiary of Amerant Bank, announced the hiring of Jorge Morasso as Vice President and Wealth Management Advisor, following a career of more than 25 years serving high-net-worth international clients, particularly from Latin America. Morasso worked as a financial advisor at Citi and previously spent over a decade at Morgan Stanley.
Based in Coral Gables, Florida, his new responsibilities will focus on serving individuals, families, entrepreneurs, and business owners across Latin America, with specialized expertise in clients connected to Venezuela.
The move carries added significance when viewed alongside another recent key hire. In July, Amerant Investments appointed Ricardo Sucre, who also brings experience from Morgan Stanley, as Head of Business Development for International Wealth Management. Sucre joined with over two decades of experience serving international clients and an explicit mandate to expand the business and attract experienced financial advisors.
Rather than two isolated moves, these hires point toward a platform-building strategy: Amerant seeks to combine the investment capabilities of its broker-dealer with the banking and credit infrastructure of Amerant Bank to compete for a share of Latin American wealth managed from the United States.
The company itself has defined its platform as an integrated model to serve Latin American clients, while its corporate strategy includes selective investments in business development and wealth management talent.
A Florida Bank Focused on Latin American Wealth
The strategic push also has a clear quantitative dimension. Amerant Bancorp closed 2025 with approximately $3.3 billion in assets under management and custody. By the second quarter of 2026, that figure reached $3.37 billion, according to its financial results.
The bank also reported $10.3 billion in total assets and $8.4 billion in deposits at the end of June 2026, demonstrating that the wealth management platform is part of a larger-scale banking operation.
There is another particularly telling detail for the Latin American market: in the first quarter of 2026, Amerant reported approximately $2.006 billion in deposits from clients domiciled in Venezuela, compared to around $705 million from other foreign clients.
This figure explains why Venezuela explicitly features in the firm’s international strategy, even though Amerant’s stated target is regional, encompassing clients throughout Latin America.
Amerant’s move occurs in a market where U.S. financial institutions compete not only to capture assets, but also to recruit advisors who maintain long-standing relationships with Latin American families.
This logic is especially critical in the offshore business, where the advisor serves as the entry point for wealth requiring simultaneous investment, credit, banking, estate planning, and structures across multiple jurisdictions.
In this context, Amerant’s narrative places the integration of banking and investments at the center of its value proposition. The firm offers personalized wealth management and a platform that combines investments, banking, and financial planning, with access to products such as funds, ETFs, fixed income, structured products, and alternatives.
Morasso’s arrival thus reinforces a strategy aimed at more than organic growth; at its core, it seeks to integrate relationships, expertise, and deep understanding of the Latin American client to accelerate the expansion of its international wealth management business.
For Amerant, the challenge will be translating this platform and new talent from major global firms into greater Latin American wealth capture. For established competitors in Miami, the signal is distinct yet equally clear: the international business continues to attract capital—and with it, a renewed battle for the advisors capable of managing it.
