Report: Miami’s Klosters, Chile’s Capital Advisors Team Up on LatAm HNW

Miami-based multi-family RIA Klosters Capital and Chilean independent advisory Capital Advisors have agreed to partner in an effort to expand support for the Latin American wealth management market from Miami, according to an October 4 report by Funds Society.

The strategic alliance would “consolidate [Capital Advisors] presence in the United States by supporting [its] clients through Klosters Capital’s platform,” Capital Advisors Partner Pablo Solari told Funds Society. Meanwhile, Klosters hopes to bolster its presence through the agreement with Capital Advisors’ client network in South America, particularly in Chile, Peru, and Argentina. Klosters mainly services clients in the US and Latin America, but also operates an office in Madrid, Spain.

Both Klosters and Capital Advisors are multi-family offices. As of February 16, Klosters oversees nearly $400M in client assets, primarily for high-net-worth individuals, per the RIA’s latest Form ADV filing.

Source: https://www.fundssociety.com/en/news/private-banking/klosters-capital-and-capital-advisors-finalize-an-agreement-to-serve-the-latin-american-wealth-management-market/