ANALYSIS-Real estate bouncing back from investor pariah status
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Mora Wealth Management raises Miami profile in new office
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From his offices high above Miami’s Brickell Avenue, Eli Butnaru oversees Mora Wealth Management’s daily operations while working with clients to help create customized investments for their assets.

Butnaru, chief executive of Mora Wealth Management USA, joined the company last August, prior to opening the Miami office in October.

He brings more than two decades of experience in international banking, having held senior management positions with Citibank, and most recently, leading the Palm Beach and Miami practices of UBS-AG.

We met Butnaru in his offices on the 29th floor of 1450 Brickell, and then he responded via email to these questions:

Q. Mora Wealth Management is relatively new to the Miami scene. Please tell us about the company, its history, ownership, and size, including assets under management.

A. Mora Wealth Management belongs to the MoraBanc group. Founded in 1952, the group has preserved a strong tradition in the field of private banking. Its Andorran shareholding is in the hands of the entity’s founding families.

Professional service, quality and financial strength are the foundations of MoraBanc group, which has about 6.3 billion euros (nearly $ 8 billion) under management as of December 31, 2011.

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