RBC Wealth Management, part of Royal Bank of Canada (RY on TSX and NYSE), on Monday (17) announced the appointment of Fernando Cugliari as an Investment Advisor in RBC Wealth Management’s Caribbean Investments team.

In his new role, Mr Cugliari will focus on delivering RBC Wealth Management’s international investment advisory services to high net worth individuals, families and corporate clients in South and Central America, as well as the Caribbean. He will be based in Grand Cayman, Cayman Islands and report to John D’Amato, Manager, Investments Services, Caribbean.

Deanna Bidwell, Head of Caribbean, RBC Wealth Management commented, “Fernando’s experience and in-depth understanding of our target regions, combined with his fluency in Spanish, Italian, and Portuguese, make him an excellent addition to our team. He is a passionate professional with a proven track record in providing advice to high net worth individuals and corporates, and I am very pleased to welcome him onboard as we look to deepen our presence in the Caribbean and Latin American markets.”

Mr Cugliari, who has moved to Grand Cayman from Toronto, Canada previously serviced the Latin American and Caribbean-based investment advisory business for a major Canadian financial institution.  He is a licensed Canadian lawyer with extensive international trust and taxation experience. Prior to becoming an Investment Advisor, he was a founding and Managing Partner of a full-service law firm catering to Spanish-speaking domestic and international clients in Toronto, Canada.

RBC is celebrating 40 years on the Island, having provided offshore banking and wealth management services to Cayman residents and international clients in Cayman since 1972. Its George Town office is home to a large team of professionals with access to a complete range of wealth management services through RBC Wealth Management’s global network of offices. RBC Wealth Management is one of the world’s top 10 largest wealth managers.

About RBC Wealth Management

RBC Wealth Management is one of the world’s top 10 largest wealth managers. RBC Wealth Management directly serves affluent, high-net-worth and ultra high net worth clients in Canada, the United States, Latin America, Europe, the Middle East, Africa and Asia with a full suite of banking, investment, trust and other wealth management solutions. The business also provides asset management products and services directly and through RBC and third-party distributors to institutional and individual clients, through its RBC Global Asset Management business (which includes BlueBay Asset Management). RBC Wealth Management has more than C$562 billion of assets under administration, more than C$324 billion of assets under management and approximately 4,300 financial consultants, advisors, private bankers and trust officers.

ABOUT RBC

Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries operate under the master brand name RBC. We are Canada’s largest bank as measured by assets and market capitalization, and are among the largest banks in the world, based on market capitalization. We are one of North America’s leading diversified financial services companies, and provide personal and commercial banking, wealth management services, insurance, corporate and investment banking and investor services on a global basis. We employ approximately 80,000 full- and part-time employees who serve more than 15 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 51 other countries. For more information, please visit rbc.com.