MIAMI, FL (March 2, 2016) – G. Frederick Reinhardt, Chairman and CEO, announces that Javier Rivero is departing his position as head of wealth management at Brickell Bank®, effective March 11, 2016. Mr. Rivero, who joined Brickell Bank® in 2014, has decided to pursue other interests.
“We want to express our gratitude for Mr. Rivero’s valuable contributions. It was a pleasure to work with him, a dedicated team leader and a valued member of our senior executive team. We wish him much success with his new endeavors,” says G. Frederick Reinhardt.
A comprehensive search is underway for a new head of wealth management. “Wealth management business will continue as usual at Brickell Global Markets® and Brickell Bank® and all its subsidiaries continue to provide services without interruption, including our new insurance division, Brickell Global Insurance®. Client service is our number one priority,” continues Reinhardt.
As the first quarter of 2016 nears a close, the bank maintains a favorable business outlook, and will continue to place an emphasis on augmenting core business areas such as trade finance. To that end, Brickell Bank® has signed a loan purchase agreement to acquire the trade loan portfolio of INTL FCStone Inc. (Nasdaq: INTL), a Fortune 500 Company with roots going back to 1924. The transaction is expected to close in March 2016.
Brickell Bank® is also moving in a positive direction with its ongoing commitment to support the cultural and educational organizations in the Miami community. In this regard, Brickell Bank® has entered a new partnership with Pérez Art Museum Miami as sponsor of the upcoming exhibition, Project Gallery: Matthew Ronay. Recently, the bank has participated in National Job Shadow Day, and the 2016 Habitat for Humanity Blitz Build.
Brickell Bank®, Florida chartered since 1973, is dedicated to its core strategy of providing wealth management, personal and corporate banking services, residential and commercial real estate lending, insurance, and trade finance services to domestic and international individuals, institutions and corporations. Brickell Bank® offers Wealth Management services to its Private Banking clients through its broker/dealer, Brickell Global Markets, Inc.® (Member of FINRA/SIPC), investment advisory services through Brickell Global Advisory, Inc.®, a Florida registered investment advisor and insurance solutions through Brickell Global Insurance, Inc.®. For additional information, please visit www.brickellbankmiami.com.