The Italian subsidiary of the Maltese manager Gamma Capital Markets continues expanding its financial advisory network with two more appointments.
The manager has appointed Bernardo Calini and Michele Zilio as financial advisers to be responsible for further developing the firm's clients network.
The double hire enables the firm to expand the business in the country, which now counts with offices in Milan, Turin, Bologna, Genoa, Lodi, and Bassano del Grappa.
Thanks to their long experience and client services training at major banking and advisory firms, the two professionals will contribute to strengthening the fee-only consultancy model on which Gamma Capital Markets is based, the company said in a statement.
Bernardo Calini, who has developed a financial advisory career gathered at various financial institutions, will be at his new role focusing mainly on portfolio analysis in relation to investments, social security, loans for private customers, and consultancy on investment planning and treasury management for institutional clients.
Michele Zilio, specialized in affluent customers, has developed his career in wealth consulting and succession planning.
"We chose Gamma because we will be able to further improve the quality of the service offered to customers thanks to the company's know-how. The possibility of offering niche services and the possibility of having direct contact with managers will be a further enrichment in terms of skills ", underline Calini and Zilio.
The firm hired three financial advisers in February this year. Paolo Manara, Giovanna Matarese and Marco Riccaboni joined Gamma's financial advisory team in Italy to be responsible for expanding the firm's clients network in the country. The trio brought long experience in the asset management industry developed mainly in the Italian regions of Liguria and Lombardy.
Gamma Capital launched in Italy in May 2018 opening offices in Milan and Turin with the aim to fill a gap the company felt was still relatively empty in the country.
Although the manager's launch had been considered two decades before in light of the opportunities that trading online and managed accounts were offering to professional investors, it was not up to 2010 when it first launched in Malta.
Tallying around €1bn in assets under management from European clients only, Gamma's business is 70% institutional and 30% retail, and exposure of the firm's client portfolios accounts for 70% to alternatives, 15% to equity and the remaining 15% to fixed income (data as of February 2019).