CityWire Americas - December 20, 2017
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Two veteran RBC advisors have joined independent broker-dealer Bolton Global Capital following a brief spell with Safra National Bank of New York.
Michael Dejana and Adelfa Rosario launched AiM Fidelis Wealth Solutions and joined Bolton earlier this month, a spokesman from the broker-dealer confirmed.
The duo brings over $315 million in assets under management, two thirds of which is from international clients mainly in Argentina, Colombia and Italy, the spokesman added.
The remaining business is US domestic based. The duo will be based in New York at 555 Madison Ave.
Rosario and Dejana joined Safra in 2015 following an agreement between the firm and RBC Wealth Management, which closed its international business in February that year.
Dejana, according to the Aim Fidelis website, was the CIO and chairman of the investment committee at RBC International Wealth Management and was key in establishing the firm’s $2 billion international discretionary investment platform. He has over 35 years’ experience in the investment world.
According to the Aim Fidelis website, Rosario has been in the international private banking business since 1983 and worked within Citibank and Barclays until its acquisition by RBC in 2002.
This is Bolton’s third international team hire in New York City, over shooting the firm’s initial goal to acquire more than $850 million in clients assets in the market before the end of 2017.
It entered the region in May when former HSBC private banker Ethan Assouline joined the broker-dealer and brought on ex-Morgan Stanley duo Ruben Lerner and Manuel Uranga.
Over the last two years Bolton had been targeting advisors in Miami, adding international teams that had left wirehouses and private banks due to internal policy changes during that period. As of August, the firm had over $4 billion in assets under management from non-US resident clients.