Swiss Asset Manager Opens Second US Office

The Swiss asset manager GAM is expanding its reach to international clients by opening a new office in Miami. This location is intended to serve as a strategic hub connecting North and Latin America.

With this Miami office—GAM's second U.S. location—the firm positions itself in a city that has become a vital bridgehead for banks doing business with Latin American clients.

According to a statement on Wednesday, the company wants to  meet the growing demand of international customers with the new office.

The new office will be headed by Alejandro Moreno, who has worked at GAM in New York since 2022. He has been instrumental in the growth of the international US business. Now Moreno is to drive forward the expansion of the investment business in cooperation with international financial institutions in Miami, it is said.

New Addidtion from Alliance Bernstein

In addition, Charissa Pal will take on an important role at the new location as Business Development Manager. She has more than 20 years of experience in the asset management industry and joins GAM from Alliance Bernstein. She brings extensive expertise and understanding of international customers and their needs and has built strong relationships with key distribution partners in the region, the company continues.

Hub for International Customers

The office will work with GAM in New York and other offices in Montevideo (Uruguay) and Santiago de Chile to support both the US and Latin American markets.

Miami's financial district has evolved into a significant hub for Latin American, European, and U.S. financial institutions focused on international clients.

UBS and Vontobel, for example, also have branches here.