Stonex International Securities appoints Everardo Vidaurri as its new CEO based in Miami, according to a post by the appointee on LinkedIn.
“I’m pleased to share that I’m starting a new position as CEO at Stonex International Securities!” wrote Vidaurri on the social network that connects professionals.
Stonex acquired the wealth management units of Intercam in the United States—namely Intercam Advisors and Intercam Securities—after having announced its intent to purchase last June. The transaction is part of Stonex’s expansion strategy in wealth management in Latin America, which will allow the company to offer clients in the region greater access to markets and investment products.
The acquisition of Intercam “fits perfectly with Stonex’s strategy to expand its global presence in wealth management, especially in Latin America, and to provide clients with broader access to markets and investment products,” stated Jay Carter, executive director of Stonex Wealth Management, when the firm announced its purchase intentions.
Stonex Wealth Management oversees more than $18 billion in client assets in the United States and Latin America, according to information released by the company. With more than 500 financial professionals operating in 44 states, the firm offers financial solutions for individuals, families, and businesses, with a full range of financial planning services, investment advisory, and brokerage tailored to clients’ needs.
Since October 2009, Vidaurri had served as CEO at Intercam Securities, while for the six years prior he was VP at BNP Paribas, according to his own profile on LinkedIn.
