Name: Armando A. Urena
Firm: Snowden Lane Partners
Location: Miami, Florida
AUM: $358 Million
Forbes Ranking: Best-In-State Wealth Advisors
Background: After A tour for a professional from the U.S. Army, Urena began his professional life as a foreign service officer in a variety of embassies in Latin America together with the State Department. He’d go to work in Lehman Brothers and invest over a decade in Wells Fargo WFC -1.5percent before going to Snowden Lane Partners, a New York-based RIA handling over $3 billion in funds, before this season.
Investment Philosophy/Strategy: Urena’s customer base was overwhelmingly worldwide while in Wells Fargo, together with his publication comprising roughly 60% global customers and 40% national customers. Most of the global population is focused on Latin America, with a few other people in Europe and Israel. That specialization has been an outgrowth of his expertise in foreign affairs. When he was hired in his first job in financial services in Lehman Brothers, he was especially put at the Miami office due to his skill set.
The transition in the wirehouse world into an RIA came about As Urena started to feel that bigger companies were fighting with the global customer base, a considerable portion of the enterprise. This was particularly pronounced in his former employer, together with Wells Fargo announcing earlier this year that it might shut its global wealth management firm.
The transition in the wirehouse world into an RIA came about As Urena started to feel that bigger companies were fighting with the global customer base, a considerable portion of the enterprise. This was particularly pronounced at his previous company, together with Wells Fargo announcing earlier this year that it would shut its own global wealth management company.
Instead seems to allow his worth and ability to represent him. That is having been said, and he had been on the federal diversity council to the wealth management department while in Wells Fargo and quite involved in promoting diversity within the company and the company. He wished to ensure others who came had somebody they can talk to, appear to which he can mentor.
Largest Client Misunderstanding: Since he changes to a different firm after almost 15 years in Wells Fargo, he’s needed to communicate with customers amidst the death of a massive brand into a smaller store. “There’s A misconception that a little firm is insecure or means fewer funds,” he states.
What Keeps You Up at Night?: at this time, Urena is in the middle of finishing his transition into Snowden Lane Partners and states it’s him obsessed with rebuilding and rebranding his small business.
Favourite Book/Movie: Favorite Attempts to read novels can make him better at his job, and you stand out is “The 1 Thing” by Gary Keller and Jay Papasan. Better outcomes by focusing on what’s critical.