A local office in Miami will enable GAM to be closer to its client base and meet increasing demand, with the goal of supporting both the US and Latin American markets, along with coordinated efforts from its New York office and other representation in Montevideo and Santiago de Chile.

The firm highlighted how its relationships and commitment to its US business has grown since its initial New York office was established in 1989, and it looks forward to GAM’s Miami office serving its clients further.

As Florida's economy and cohort of HNW residents has expanded in recent years - the state doesn't have a local income tax - it has drawn in more attention from North America's wealth management sector. 

Moves and arrivals

Moreno, has relocated to South Florida to establish the Miami office, and lead GAM’s US international clients distribution team based there, the firm added. “Miami’s financial district has become an important hub for Latin American, European and US financial institutions serving international clients,” the firm continued.

Charissa Pal is also joining GAM as a business development manager in the Miami office. With 20 years of experience in the asset management sector, she is joining GAM from Alliance Bernstein, bringing knowledge and understanding of international clients and their needs.

"Miami is a strategic location for us, as it allows us to be closer to our clients and provide them with tailored solutions and excellent service. We have a strong and experienced team in place, led by Alejandro Moreno, who has been instrumental in growing our US International business,” Rossen Djounov, global head of client solutions, said. “We are also excited to welcome Charissa Pal, who brings a wealth of expertise and knowledge to our team. We believe that our unique investment offering, combined with our local presence and global reach, will enable us to deliver value and performance to our clients." 

Headquartered in Zurich, GAM has total assets under management of SFr19.0 billion , with offices in 14 countries, and clients in almost every continent.

This news service is hosting its Second Annual Miami Family Wealth Report Awards incorporating Latin America and the Caribbean 2025, on Jan 16, in Miami.