THERE ARE ENDLESS POSSIBILITIES
THE REASON WHY
There are many reasons why setting up Turicum Consultoría makes sense, but at the root is the desire to ensure that wealthy individuals, families and hhhhhhhhtions invest their capital in solutions that provide them attractive returns consistent with their goals and targets.
Potential higher returns
The professionalization of asset management activities combined with local presence in Latin American markets, may be more likely to achieve higher returns than continuing to work with a financial advisor whose real exposure to emerging markets is limited to a few trips a year to the region.
Market knowledge and local presence
Investing in emerging markets, while being incredibly profitable it also implies a series of risks that need to be taken seriously if clients want to secure their investments. Turicum Consultoría can accompany clients in this process and guide them through the best practices.
A consulting management company such as Turicum Consultoría could provide governance and management structures that could deal with the complexities of wealthy clients, among other things, helping them to avoid conflicts, plan successions or handle tax issues.
Our Office
Turicum Consultoría would open its first office in Bogotá, Colombia by the end of January 2018. In order for a financial services company to be taken seriously on the Latin American market, it should have offices in Panama, Mexico and Zurich, Switzerland.
Zurich, Switzerland
The fact that Swiss Bank Secrecy doesn’t exist anymore, doesn’t mean that Zurich has lost any of its shine as the World’s capital of the wealth management business. Having a Swiss name (Turicummeans Zurich in Latin) and a Swiss Private Banker together with a descendant of Swiss citizens as its main shareholder, opening an office in Switzerland would make totally sense.
Panama City, Panama
An office in Panama City should be opened as soon as possible in order to have a presence on the largest financial hub of the region. Having access to clients and service providers in Panama would be excellent for the image of the Turicum Consultoría.
Bogotá - Colombia
The success of the first office will open the doors for future offices. With it’s 50 million people and a stable economy and political system (compared to its neighbors), Colombia is the third largest economy in Latin America, after Mexico and Brazil, and before Argentina or Chile. Wealth creation in Colombia has been steady and foreign direct investments have increased as a result of the peace process with the guerrillas.
Mexico City, Mexico
A natural market because of my Mexican background, Mexico is not only one of the fifteen largest economies of the World, it’s also home to a large community of high net worth individuals always ready to protect their investments outside the country.