Independent broker-dealer Bolton Global Capital has hired Ricardo Quiros from Merrill Lynch’s Weston, Florida office.
Quiros, who left Merrill Lynch on Friday, managed $220 million in assets for ultra-high net worth clients based in the US, Latin America and Europe and generated $2 million in annual revenues.
He joins Bolton with Luisa Filardo Oropeza, a client service associate at Merrill Lynch, who will be managing back office and client service operations for the team. He and Filardo will temporarily join Bolton’s downtown Miami office until they set up an office in Weston.
According to a statement from Bolton, Quiros specializes in servicing financial institutions and family offices and throughout his career has had a strong track record of success in acquiring new client assets.
Merrill declined to comment on the exits.
Quiros was a senior vice president and senior international financial advisor with Merrill for six years, joining in July 2012 with a team of advisors from Morgan Stanley. He began his career in 2005 with Citigroup Global Markets before joining Morgan Stanley in 2009.
Bolton has attracted a number of international teams from wirehouses over the last two and a half years. Most recently it’s been building up its base in New York, hiring two ex-RBC advisors in January with over $315 million in client assets.
The Bolton, Massachusetts-owned firm has a total of $8 billion in assets under management, with $5 billion of that attributed to non-US resident clients.
