Glovista Investments has hired Enrique Figueroa as managing director to oversee global wealth management on the West Coast in the US and Mexico. Managing a new San Francisco Bay area office, he will also support chief investment officer Carlos Asilis with equity research for the firm's institutional emerging market equities asset management division.

Figueroa joins Glovista from Merrill Lynch, where he was an international wealth advisor in the private banking and investment group. Previously, he was chief investment officer, senior wealth manager and an executive committee member at Sand Hill Advisors, overseeing over $1 billion in assets and directly managing more than $250 million in assets for high net worth, foundation and non-profit clients.

Before relocating to the San Francisco Bay area from New York Figueroa worked in equity research and was ranked the top Latin American food and beverage analyst by Greenwich Associates and a runner up by Institutional Investor magazine. He was has also worked at Oppenheimer & Co. and HSBC James Capel.