IPG SECURITIES IPG SECURITIES
PROFILES

CARLOS J. MOLINA
PARTNER
carlos@igsam.ch

 

Prior to founding IPG Securities Asset Management SA, Mr. Molina worked for Acciones y Valores de Mexico for 3 years as an equity analyst. At the end of their collaboration, he was their senior analyst for Mexican conglomerates.

Starting 2000, Mr. Molina became a Vice President-Investments at Merrill Lynch & Co. in New York. After the second year, he became a million dollar producer. Mr. Molina built and managed a portfolio of US $230 million in assets of Mexican Clients with a seven year net revenues of over US $10 million. Mr. Molina became an exclusive member of Merrill Lynch Chairman´s Club after only 3 years in production.

In 2007, Mr. Molina was hired by Morgan Stanley & Co. in New York as an Executive Director of the Private Wealth Management Group to grow the Latin America business where he started his close collaboration with Mr. Carreras. Mr. Molina & Mr. Carreras built and managed a portfolio of over US $700 million in assets with a four year net revenues of US $35 million. During their last year at Morgan Stanley, they were the largest team covering Latin America with over US $10 million in annual production.

In May 2011, Mr. Molina & Mr. Carreras were recruited by Barclays Bank in New York with one of the largest deal ever made to recruit a Latin America team. At the end of their career at Barclays, their team represented almost 50% of Barclay´s revenues in private Banking for Latin America.

Mr. Molina & Mr. Carreras are now the founders and partners of IPG Securities Asset Management SA, an investment management Company incorporated in Geneva, Switzerland.

Mr. Molina holds a Bachelor in Science with a Major in Economics from the Instituto Tecnológico Autónomo de México and a Master in Buisness Administration from the HEC Paris, France and the UCLA Anderson School of Business. Mr. Molina is fluent in Spanish, English and French.

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JORGE A. CARRERAS
MANAGING PARTNER
jorge.carreras@igsam.ch

 

Mr. Carreras has spent more than 30 years in Private Banking and Private Wealth Management. Prior to founding IPG Securities Asset Management SA, Mr. Carreras worked for the Republic National Bank of New York from 1984 to 1989 as an Assistant Treasurer. He quickly became responsible for managing the relationships with Argentina, Colombia and Central America.

In March 1989, Mr. Carreras started working for Lloyds Bank LPC in New York as an Executive Officer-Group Head where he was responsible for HNWI for Argentina and Chile. Mr. Carreras increased the assets under management by US $14 million to US $145 million and generated net revenues of US $1.5 million.

In May 1990, Mr. Carreras moved to Citibank N.A. in New York where he worked as an Assistant Vice President-Unit Manager for the International Private Banking Group. Mr. Carreras was responsible for Management and New Business Development for Argentina, Paraguay & Uruguay. He increased assets under management by US $30 million to US $225 million and increased the client net revenue by 45% to US $3.4 million.

At the end of 1991, Mr. Carreras became First Vice President-Investments of Merrill Lynch & Co. in New York. He built and managed a portfolio of US $230 million in assets and a ten year net revenues of over US $20 million. Mr. Carreras became a member of Merrill Lynch Circle of Excellence and Charles E. Merrill Circle.

In 2007, Mr. Carreras was hired by Morgan Stanley & Co. in New York as an Executive Director of the Private Wealth Management Group to grow the Latin America business where he started his close collaboration with Mr. Molina. Mr. Carreras and Mr. Molina built and managed a portfolio of over US $700 million in assets with a four year net revenues of US $35 million. During their last year at Morgan Stanley, they were the largest team covering Latin America with over US $10 million in production.

In May 2011, Mr. Carreras and Mr. Molina were recruited by Barclays Bank in New York with one of the largest deal ever made to recruit a Latin America team. At the end of their career at Barclays, their team represented almost 50% of Barclay´s revenues in private Banking for Latin America.

Mr. Carreras & Mr. Molina are now the founders and partners of IPG Securities Asset Management SA, an investment management Company incorporated in Geneva, Switzerland. Mr. Carreras is also the Managing Director.

Mr. Carreras holds a Bachelor in Business Administration from the Isenberg School of Management at University of Massachusetts at Amherst and is currently attending the Executive Master of Business Administration at IMD - International Institute of Management Development in Lausanne, Switzerland. Mr. Carreras is fluent in Spanish and English.

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