Insigneo Financial Group, an independent broker/dealer and registered investment advisor, has signed an agreement to acquire the accounts of VectorGlobal Wealth Management Group and its RIA. The deal will add over $4 billion in client assets to Insigneo, bringing its total assets to nearly $35 billion.
Terms of the deal, expected to close in the first quarter 2026, were not disclosed.
VectorGlobal is a wholly owned subsidiary of Vectormex International, which was a division of the Mexican broker/dealer Vector Casa de Bolsa, a recent U.S. target for alleged money laundering, according to published reports. Vector recently dismantled and transferred its assets to Finamex.
As part of the deal, VectorGlobal accounts in Chile, Mexico, Colombia, Ecuador, Peru, Venezuela, the U.S. and Canada would transfer over to Insigneo’s platform. Insigneo will offer positions to VectorGlobal’s advisors and select support staff. The deal also includes a three-year referral agreement between Insigneo and Finamex Casa de Bolsa.
“For more than 30 years, VectorGlobal has proudly served Latin American investors through a culture of excellence, ethics and trust,” said Edgardo Cantu, member of the board of VectorGlobal, in a statement. “We are confident that this transition will further strengthen the opportunities available to our clients and teams, under an institution that shares the same values and long-term vision.”
Insigneo has been growing through acquisition over the last several years. In 2022, the firm bought Citi’s international personal bank business in Puerto Rico and Uruguay. In 2023, it acquired the Latin American consumer brokerage and investment accounts of PNC Investments, PNC Managed Account Solutions and PNC Bank.
The firm has about 280 advisors serving more than 32,000 clients globally.
