Capco, the financial services consultancy firm which works with industries including wealth management, has reinforced its North American presence with the launch of its first office in Chicago.

The new office is led by Michael Pugliese, Capco partner and region leader, along with partner TJ Campbell, who heads the emerging clients initiative for Capco North America.

Capco said the office will serve as a hub for its North American practice, establishing a "permanent physical presence in the Midwest region."

Pugliese and Campbell are responsible for providing support and value to clients across North America, reporting to Ismail Amla, chief executive for North America.

The Chicago office also serves as the headquarters for Capco partners Jamie Garza, Nick Hufford and Madhav Goparaju.