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Este informe no está disponible en español. CARIBBEAN BUSINESS R-G Investments Making Swift Strides Aiming To Serve R-G’s Overall Client Base Of 200,000-Plus By KEN OLIVER-MENDEZ March 20, 2003 R-G Investments, the new kid on the block in Puerto Rico’s investment & brokerage sector, is picking up the pace of activities aimed at offering a variety of highly sought fixed-income and other investment products to the market, particularly the more than 200,000 clients of sister subsidiaries R-G Mortgage and R-G Premier Bank. R-G Investments President Ramiro Colon III says R-G Investments is in a privileged position to offer clients a full range of products, including local mutual funds from UBS PaineWebber, Santander Securities, and Popular Securities. "We maintain excellent relations with all three, and what drives us is being able to help our clients determine what’s best for them in their particular situation, according to their needs and interests," said Colon, who assumed his post at R-G Investments two months ago. Before joining R-G, Colon was treasurer of Puerto Rico Telephone. He is also a former Popular Securities vice president and sales manager. R-G Investment’s early successes include its entry into the Commonwealth Bond syndicate and its partnership with JPMorgan Chase, the third largest securities underwriter in the world. It has also partnered with Lockwood Financial Advisers for the development of its account management platform. Colon, accompanied by R-G Premier Bank President Mario Ruiz, said R-G Investments also had significant participation in February’s Popular Inc. preferred-stock issue, with nearly $12 million in sales in a two-week period. Ruiz noted that with corporate clients that have retirement accounts, R-G Investments works in tandem with sister subsidiary R-G Trust. Colon and Ruiz said they’re focused on making R-G Investment’s offerings a part of the portfolio of a steadily increasing number of R-G Mortgage and R-G Premier Bank clients. "We have more than 200,000 clients who have chosen and entrusted to R-G the single most important financial transaction of their lives--the purchase of their homes," noted Ruiz. "Now they can add to that primary investment other excellent investment options, all under the same roof." To that end, R-G Investments has been integrated into R&G Financial Centers in Hato Rey, Plaza Las Americas, San Patricio, and Arecibo. R-G Investments is slated to become a fixture this year at branches elsewhere in the network, including in Ponce and Mayaguez, and will join the institution’s Internet banking platform, RGonline. "The consolidated account access that we offer online has proved to be a big hit," said Ruiz. This Caribbean Business article appears courtesy of Casiano Communications.
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