StateTrust Capital

StateTrust Capital

StateTrust Capital was founded in 2000 by four principals — Daniel Chamorro, Santiago Bueno, Marcelo Claure, and Michael Gantcher — to serve high-net-worth individuals and families with cross-border financial needs. The firm's early identity took shape around a private-banking model that combined wealth management with brokerage, FX, and lending services. From its headquarters in Boca Raton, StateTrust positioned itself to address the financial complexities of internationally mobile clients, with a specific focus on succession and trust structures. The firm's strategy blends traditional wealth advisory with direct access to capital markets. Core asset classes span equities, mutual funds, ETFs, sovereign bonds, corporate bonds, and municipals. StateTrust also allocates to alternative investments and private credit, while offering in-house lending, cash management, and premium checking. The geographic footprint extends across the United States and Latin America, with a service model built around multi-currency capability. Clients include individual HNWIs, personal holding companies, and international trusts, reflecting the firm's origin as a LatAm-facing private bank. StateTrust has maintained a low public profile — it discloses neither headcount nor aggregate assets under management. Its executive structure is not publicly detailed. The firm's operational record in the last 24 months includes the continued expansion of its electronic platform, which supports internet trading, electronic monthly statements, and multi-browser access. The absence of named outside managers or co-investors in the public domain is consistent with a firm that prioritizes direct, in-house management for a limited client base. What structurally sets StateTrust apart is its insistence on combining U.S.-based advisory and brokerage services with a private-banking front end designed for non-U.S. persons and families. The platform's transactional capability — equity trading, bond execution, and FX — sits alongside estate administration and trust services, making it operationally closer to a European-style universal private bank than a typical U.S. registered investment advisor. The four-person founding group, none of whom have publicly separated from the firm, suggests a continuity of control unusual in the independent wealth management segment.