Taking another step in a career that has already spanned more than two decades in wealth management—including just over two years at Itaú—private banker Cristián Ruiz has moved to a new company. He has joined AMM Capital, a Chile-based wealth management boutique, which recruited him for the role of Managing Director.
Ruiz announced the move on his LinkedIn professional network, expressing gratitude to the professionals who have accompanied him. “I’m grateful for the trust placed in me to take on this new challenge, which represents a valuable opportunity to continue developing in the financial world and to contribute my experience in a dynamic and demanding environment,” he stated in his post.
When consulted by Funds Society, the private banker explained that he will report directly to AMM’s CEO, Francisca Tampier, and that his main responsibilities will involve designing and developing investment strategies for high-net-worth clients in Chile and abroad.
For Ruiz, this move is another step in his journey through the investment world—a passion he has held since adolescence—and wealth management. “After growing professionally in banks, I made the decision to join a great multi-family office to have more freedom and be able to offer clients investment solutions with an open architecture,” the executive commented.
According to his professional profile, he worked at Itaú Chile from March 2023 to May of this year, serving as leader of Itaú Advisors. In that role, he headed the investment banking team for high-net-worth clients at the firm. The bulk of his career, however, was at Banco de Chile, where he spent 19 and a half years and reached the position of Wealth Management Manager at Banchile Inversiones.
AMM Capital is a financial advisory and private investment fund management company focused on clients with over $2 billion in investable liquid assets. In addition to the Chilean market, it also has a presence in Argentina, Panama, and the United States.