Snowden Lane Partners announced today that it has added a former Wells Fargo private wealth advisor and managing director in Miami to beef up its international wealth advisory business, a key focus area for the independent advisor-owned wealth advisory firm.
Armando A. Ureña, who managed $360 million in client assets, will form the Ureña Wealth Management Group and serve as senior partner and managing director. He will be joined by vice president and financial advisor Huston A. Lorenzo, who joins from Axio Financial; and investment and planning analyst Johanna Haza, and senior operations associate, Omar J. Macias, both of whom join from Wells Fargo. They will be based in the Coral Gables, Fla., office.
Ureña began his financial services career in 2001 at Lehman Brothers' private investment management division, serving international high-net-worth and institutional clients, according to Snowden Lane. In 2006, he moved to Wells Fargo. Prior to entering the financial services industry, Ureña served as a foreign service officer with the State Department. He also spent three years with the U.S. Army.
“Having built relationships with clients and their families over a 20-year career, I felt the need to be in a place where I can provide services and advice on a myriad of financial matters, not just those that were the focus of my previous firm,” Ureña said in a statement.
Richard Ganter, managing director of the Southeast division for Snowden Lane, said, “In my 25-plus years of experience, I can say Armando is the consummate professional, centered around a fundamental belief that clients always come first. As a highly successful advisor, he has earned impressive designations year after year, and as a highly decorated advisor, he built lasting client relationships with families in the U.S. and Latin America and his team’s client assets of $360 million reflect a blend of both,” he said.
New York City-based Snowden Lane Partners, a hybrid registered investment advisor and broker-dealer, has offices in Pasadena and San Diego, Calif.; New Haven, Conn.; Coral Gables, Fla. Chicago; Pittsburgh; Baltimore, Salisbury and Bethesda, Md.; San Antonio, Texas; and Buffalo, N.Y.