Information Release - August 28, 2017
Bolton Global Capital is pleased to announce that the team of Ruben Lerner and Manuel Uranga have joined the firm. They have been affiliated with Morgan Stanley as managing directors since 2008 and currently manage a book of $550 million.
Their new firm, A Plus Capital, is headquartered in New York City at 515 Madison Avenue and will have an office in Miami. With over 30 years in combined industry experience with Morgan Stanley, Smith Barney and Citigroup Global Markets, the partners will continue to service high net worth clients in Europe, Latin America and the US, offering a broad range of investment solutions. Their junior partner Ariel Materin, formerly of Morgan Stanley, will also be joining A Plus Capital to manage client acquisition, as well as investment strategy.
Custody of client assets will be held through BNY Mellon Pershing, the world’s largest clearing firm. BNY Mellon is oldest US banking institution and the largest global custodian with over $30 trillion in assets, doing business in more than 60 countries. Bolton will be providing compliance, back office, and marketing support as well as the wealth management and trading technologies for the A Plus Capital team.
Mr. Uranga holds a Masters in Economics and Business Administration from CUNEF (Colegio Universitario de Estudios Financieros) in Spain. Mr. Lerner holds a Masters in Business Administration from Boston University and a Bachelor of Finance degree from Universidad Metropolitan in Venezuela. Mr. Materin graduated from Drexel University with a Bachelor in Business Administration.
The addition of the Lerner Uranga team represents a continued expansion by Bolton into the New York City market. The firm expects to add more than $850 million in client assets managed by teams recruited this year in New York City market.