Bank of the West, part of BNP Paribas’ global wealth management business, has opened a new wealth management centre in Albuquerque to expands its presence in New Mexico.

The new centre will provide wealth management products and services to high-net-worth individuals (HNWIs), affluent families and business owners in Albuquerque and surrounding areas.

It will employ nine dedicated wealth management professionals with an average of 15-20 years’ experience.

The center will be managed by Andres Casas, vice president and market leader.

Bank of the West head of Wealth Management Group Pierre Ramadier said: "This new wealth centre demonstrates our commitment to the community, the growth this market has experienced, and our understanding of what clients in the this area need and want.

"We will work closely with our clients to bring together solutions from throughout the bank that meet their personal needs – whether its retail banking, wealth management, or small and medium-sized business banking."

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By GlobalData