NEW YORK--(BUSINESS WIRE)--One of the leading global financial advisors, Miguel Sosa, a seasoned Merrill Lynch Private Bank and Investment Group advisor with previous responsibility for managing over $400 million in client assets, announced that he has left Merrill Lynch and is partnering with Dynasty Financial Partners to launch a new firm, Premia Global Advisors LLC.
Based in Coral Gables, Florida, Premia Global Advisors is an independent advisory firm focused on working with high net worth families and institutions from around the world.
Joining Mr. Sosa at Premia are Juan Landivar, Manager of Financial Planning and Eddy Park, Client Relationship Manager - all from Merrill Lynch. Vivian Velazquez has joined the firm as Chief Compliance Officer.
“At Premia Global Advisors, we look forward to partnering with Dynasty to bring comprehensive wealth management services to our clients around the world. Our network of families and institutions require sophisticated investment management and financial planning services. As an independent firm, we are now in a position to simplify their financial lives by offering one of the most advanced platform of services, research and products available. We believe there is tremendous potential for broadening our existing relationships and developing new ones,” said Mr. Sosa.
“Miguel and his team have a strong track record working with institutions and families in Latin America, Europe and around the world on a broad array of complex financial issues. Now, as an independent financial advisory firm, they are well-positioned for success in the future as they build out their business. At Dynasty, we are delighted to be partnering with Premia Global Advisors in expanding our LatAm and international business,” said Shirl Penney, President and CEO of Dynasty.
Premia has selected Fidelity Investments, a leading provider of trading, custody and brokerage services to registered independent advisory firms, to custody their advisory assets.
Dynasty Financial Partners Expands International Business: Hires Javier Rivero, Opens New Florida Office
In addition, Dynasty Financial Partners announced today that Javier Rivero is joining the firm as Senior Vice President, International Division, reporting to Ed Friedman, Dynasty’s Director of Strategic Relationships. Mr. Rivero will be based in Dynasty’s new office in Coral Gables, Florida.
In this position, Mr. Rivero will oversee all matters related to the international business which includes working with Dynasty’s existing Network Advisors on international opportunities, collaborating with the business development team for profiling new teams joining the platform and overseeing transition and relationship management for all teams with a focus on international business. He will also evaluate and build out partnerships with key resource partners to support Dynasty’s advisors with international opportunities.
Dynasty has entered into an agreement with Global Investor Services, L.C. (“GIS”) in Miami, Florida to provide broker-dealer services for its partner firms which include custody (through its clearing agreement with Pershing, LLC, a Bank of New York subsidiary), back office and trading solutions.
Mr. Sosa, Mr. Landivar and Mr. Park are all registered representatives of GIS and work out of the GIS Branch in Coral Gables, Florida.
According to Mr. Penney, “Javier is a seasoned wealth management executive who is well-positioned to lead our new international business. He will work with our Network Advisors on international opportunities as well as focus on expanding our business providing support and infrastructure to international financial advisors who want complete independence.”
Mr. Rivero has a diverse background across a number of fronts including operations, compliance, and sales. He is joining Dynasty after serving as President of Brickell Global Markets, a bank-owned broker dealer working with clients in Latin America and the U.S. Prior to that, from 2011-2014, he was a Vice President, Complex Administrative Manager at Merrill Lynch Wealth Management in Miami, supervising daily operations for the entire complex of 145 Financial Advisors.
“I am very excited to be joining Dynasty Financial Partners. I believe Dynasty and their community of advisors represent the future of the industry. I am also thrilled to be able to help lead the continued build out of Dynasty’s international platform,” said Mr. Rivero. “Based in South Florida and in partnership with GIS, we expect we will be able to thoughtfully continue to build out our Latin American business. In addition, with our unique partnership with Richardson GMP, we plan to continue to develop our cross border business into Canada in support of our advisors with Canadian clients.”
Dynasty Financial Partners has an existing international business: since 2013, Dynasty has successfully partnered with Richardson GMP, one of Canada’s largest independent advisory firms. This relationship provides both Dynasty Network advisors and Richardson GMP advisors the ability to access capabilities to serve the needs of clients resident in either the U.S. or Canada.
Premia Global Advisors
Premia Global Advisors is a wealth management team that works closely with affluent business owners, entrepreneurs, executives, and global families. Based in Florida, the firm serves clients from a range of industries and backgrounds. Some clients are U.S.-focused in their business, family, and community priorities. Others are more global, with family members, business interests, or philanthropic concerns that are international. Whatever their source of wealth or geographic framework, clients turn to Premia for guidance, strategy, and experience in navigating the complexities of wealth. The firm emphasizes that money is a tool to pursue what is most important to a person or family. Premia works closely with clients to determine and define their priorities so that together, they can pursue a deliberate and integrated wealth management strategy. For more information, please visit: www.premiaglobaladvisors.com.
Premia Global Advisors, LLC is an SEC registered independent advisory Firm that conducts investment advisory activities. Securities and other brokerage products are offered through the U.S. broker-dealer, Global Investor Services, L.C. (“GIS”) Member FINRA/SIPC). www.sipc.org; www.finra.org.
Miguel Sosa, CIMA(r)
Founding Partner, Premia Global Advisors
Miguel Sosa is Founding Partner at Premia Global Advisors, an independent advisory firm based in Coral Gables, Florida and focused on working with clients around the world. Previously, Mr. Sosa was a Private Wealth Advisor within the Private Banking and Investment Group at Merrill Lynch. He obtained his Global Institutional Consulting (GIC) Designation in September 2013. He has spent more than thirty years working with affluent clients to address a range of financial needs. He joined Merrill Lynch in 1982.
Prior to joining Merrill Lynch, Mr. Sosa was a member of the U.S. Air Force. During his time of service, he received two Air Force Commendation medals. He earned his B.A. from the University of Maryland, College Park. He holds the Certified Investment Management Analyst(r) (CIMA(r)) designation.
Mr. Sosa is a very active member of the community. He currently sits on the board of the Archdiocese of Miami Catholic Community Foundation and is a member of its Investment Committee. He served on the board of trustees of St. Philips Episcopal School for six years and was its Chairman for three. He also served as a board member for a local hospital, Pan American. He is past President of the local chapter of Legatus, a Catholic lay organization of business leaders in the South Florida community.
Investment Management Consultants Association (IMCA(r)) is the owner of the certification marks CIMA(r) and Certified Investment Management Analyst(r). Use of CIMA(r) and Certified Investment Management Analyst(r) signifies that the user has successfully completed IMCA's initial and ongoing credentialing requirements for investment management consultants.
Miguel Sosa, CIMA(r) is registered to do business in: AK, CA, CT, DC, DE, FL, GA, IL, MA, MD, MI, MN, MO, NC, NJ, NY, OH, TX, and VA.
About Dynasty Financial Partners
Dynasty Financial Partners develops, sources and integrates management capabilities for some of the industry’s leading independent investment advisor firms and offers registered investment advisory services. Dynasty’s integrated platform services delivery chassis offers a customized, open-architecture wealth management solutions and technology platform supporting advisors as they protect and grow their clients’ wealth. Dynasty’s core principle is “objectivity without compromise,” and the firm is committed to crafting solutions that allow investment advisors to act as true fiduciaries to their clients.
Dynasty Financial Partners has corporate offices in New York City, Chicago, Coral Gables, Florida and San Francisco. Visit our website for more information: www.dynastyfinancialpartners.com.
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