Information Release - May 16, 2017
Bolton Global Capital is pleased to announce that Euclides Moreno has joined the firm’s Miami office. Mr. Moreno held the position of Managing Director with Merrill Lynch where he worked for the past 17 years. He has built a successful international wealth management practice with $650 million in client assets and $6.4 million in annual revenues. He was among the top producers in Merrill Lynch’s international wealth management complex in Miami.
Mr. Moreno will be operating his business under the name: The Moreno Wealth Management Group Client accounts will be held and maintained through BNY Mellon Pershing, the world’s largest clearing firm. BNY Mellon is the oldest banking institution in the US founded by Alexander Hamilton in 1784 and is the world’ largest custodian with more than $30 trillion in assets held in custody. Through the BNY Mellon Pershing platform, The Moreno Wealth Management Group will have access to markets and exchanges in more than 65 countries and can service their clients on a global basis.
Bolton will provide back office, compliance and technical support to the Moreno team. Through Bolton’s independent business model, financial advisors acquire better ownership and control of their book and are provided with turnkey solutions to set-up, brand and run their businesses with all of the capabilities, services and products of the major wirehouses and private banks. Financial advisors also capture a substantially higher share of the revenues generated from their businesses. Many of the largest teams at the major banks and wirehouses have transitioned to the independent business model over the last few years. Nine teams from the major firms with over $1.5 billion in client assets transitioned to Bolton last year.
“We are proud to have such a top notch professional affiliate with our organization and we look forward to supporting the continued growth of his business.” stated Ray Grenier, CEO of Bolton. Mr. Moreno is a graduate of Babson College in Wellesley Massachusetts. He holds the CIMA designation, awarded by IMCA in conjunction with the Wharton School at the University of Pennsylvania. Prior to joining Merrill Lynch in 2000, he worked in his family’s banking business in Venezuela. He lives Cocoplum with wife Sandra, sons Carlos Alfredo, Juan Diego and daughter Silvana.
Bolton Global Capital has been a broker dealer and FINRA member firm for 32 years with over $6 billion in client assets and 40 branch offices across the US. The firm’s SEC Registered Investment Advisor operates under the name Bolton Global Asset Management.
Bolton Global Capital
579 Main Street
Bolton, MA 01740