Family Office

Holdun MFO Breaks Ground In Florida

Jackie Bennion Deputy Editor July 24, 2019

Holdun MFO Breaks Ground In Florida

Miami is chosen as gateway for Canadian MFO's US expansion plans.

The Canadian-held Holdun Family Office, with offices in Montreal, the Bahamas and the Cayman Islands, is opening a presence in Miami, Florida, as part of a major US expansion for the firm.

The Miami team will include Michael Blank as president, Giuseppe Mazzeo as chief investment officer, Marc Bonorino as head of global compliance, and Ileana Torruella and Adilia Lugo as senior relationship managers. Between them they bring a combined experience of more than a hundred years, the firm said.

“Our extensive family history has served us well in managing our client relationships worldwide. We are looking forward to working in partnership with our new US families and bringing our expertise to the domestic US market,” global CEO Brendan Holt Dunn said.

The MFO, which traces its roots to building the Canadian Pacific Railway and spans five generations of the Holt industrialist family, provides trust, wealth management, and corporate and concierge services, as well as a digital platform under the Holt brand. Group president Michael Blank has a long history in Florida's wealth belt, having previously set up banking for Julius Baer in Palm Beach and operations for Credit Suisse Private Advisors in Miami.

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