Jorge Aroche is an experienced financial professional with over 35 years of experience in managing money as a registered representative in the financial services industry. He began his career in the commodities business in the 1980s and later shifted his focus to the securities markets in the 1990s.
During his time at BAC Corp Securities, an important regional player in Latin America, Jorge managed operations and helped the firm and its institutional clients execute sophisticated investment strategies, including interest rate hedging. He guided clients through significant economic events such as the bond market meltdown of 1994, the Mexican Peso collapse known as the tequila effect, the Asian currency crisis in 1997, and the collapse and bailout of Long-Term Capital. The decade concluded with the Russian default and ruble collapse.
Jorge then moved to larger players in the United States, working with First Union Securities, a subsidiary of First Union Bank (later becoming Wachovia and eventually Wells Fargo Bank and Wells Fargo Advisors). He joined the International Private Bank of the organization, focusing on South America. During the 2000s, he witnessed major events like the Enron bankruptcy, which led to the downfall of its auditor, Arthur Andersen, and the Dot Com Bubble, characterized by three consecutive years of negative stock market returns. The financial crisis of 2008 marked the end of the decade.
In 2010, Jorge decided to establish Globalinvest Financial Services Inc., a Registered Investment Advisor based in Florida. Serving as the Managing Partner, he sought to provide a more personal touch to his clients’ financial needs. Globalinvest Financial Services received regulatory approval to operate at the beginning of 2011.
At Globalinvest, Jorge specializes in portfolio management, utilizing the lessons he learned while navigating the financial markets. He has managed portfolios through significant events such as the Federal Reserve ending their quantitative easing program, the COVID-19 pandemic, and the recent aggressive rise in interest rates by the Federal Reserve to combat inflation. Jorge believes in the importance of a strong diversified portfolio and emphasizes the role of patience in building wealth over time and achieving financial goals.