Park Sutton Advisors, LLC announced today the launch of a new wealth management boutique offering multi-family office services to high-net-worth individuals and families from Latin America.
Under the leadership of the firms founding partners, Jaime Carvallo and Steven Levitt, Park Suttons team collectively counts over 50 years of expertise in areas such as private banking, investment banking, institutional brokerage, and corporate banking for a variety of U.S. and international firms.
The new firm is a joint venture company with Meeschaert, a privately owned independent French bank.
Carvallo and Levitt are joined in founding the new firm by COO Loic Lamoureux, two additional bankers and an operations manager.
“Our practice is about providing unbiased advice, tailor-made with our clients best interest and wealth management goals in mind,” Carvallo said. “Most Latin American clients today work with global private banks where they lack an advisor providing objective advice and transparency of information especially fees. The key differentiator for Park Sutton is bringing a unified and global approach to our families wealth management needs, providing a sound framework to make strategic, long-term investment decisions.”