Scotiabank has launched Scotia Private Client Group in Miami, Florida, the tenth in a series of announcements. It is likely to serve as a hub for the bank’s expanding wealth management services in the Caribbean and Latin America. It intends to include US-based private banking solutions for high net worth clientele.
Additionally, the bank has plans to introduce Scotia Private Client Group centers in Chile, Costa Rica, Mexico and Panama.
Dan Wright, Senior Vice-President, International Wealth Management, Scotiabank, said: “Scotia Private Client Group draws on its worldwide network of experts to provide individual guidance tailored to individual needs, and we are pleased that this network now encompasses access to the US banking system.”
Alan Jenkins, Center Director of the Miami office, said: “We consider the launch of this Scotia Private Client Group Center paramount to deepening our customer relationships and an important addition to our global platform. This office will allow for convenience and ease of access to the US banking system for our Latin American and Caribbean clientele and allow us to remain competitive in the market.
