Previous FinTech Startups: 3
Amilcar Chavarria, CEO
Amilcar Chavarria is a serial financial technology (FinTech) entrepreneur with expertise in crowdfunding, personal finance, fixed income and risk management. He was most recently the Founder and CEO of FinTech Associates where he led a major FinTech player to launch the world's first Wealth Management Cloud, a robust set of Apps & APIs that power Robo Advisors & Digital Wealth Management Platforms. Prior to that, Amilcar was on the leadership team of a venture-backed startup that launched the leading payments and compliance engine for crowdfunding portals. As the Product's General Manager, he increased client growth by 300%. Amilcar was also the Founder & CEO of BuckSprout, a FinTech company focused on automating the financial advisory process and one of the earliest Digital Financial Advisors. Amilcar serves as a mentor, advisor and/or board member in several companies including Apple Pie Capital, Crowdismo, Sounding Board and CommonBond during their early stages.
Prior to becoming a full-time entrepreneur in Silicon Valley, he served as the US Head of Product Control for BlackRock’s Fixed Income Model based business and had risk management, financial control and operations oversight responsibilities for over $280Bn in assets across 170+ funds and ETFs.
Amilcar also worked on Wall Street where he held a variety of senior management roles in trading & risk management technology, trading operations & finance and investment analytics at Tier 1 investment banks like Goldman Sachs, Morgan Stanley and Merrill Lynch. As a Financial Advisor, Amilcar built relationships with High Net Worth Individuals and managed over $20MM in assets.
Amilcar holds a B.S. degree in Biomedical Engineering (honors) and an MBA from The Wharton School of the University of Pennsylvania with a concentration in Entrepreneurial Management. Amilcar previously held series 7, 31, 63 & 65 securities licenses. He's also a Level II Candidate in the CFA program. He enjoys traveling and hiking and has visited over 30 countries and completed Mt. Everest’s Base Camp Trek in 2013.
Business Development Highlights
As Director of Business Development, Marketing & Sales. I led a channel pivot beyond crowdfunding portals:
• 1st Foundation – Calvert Foundation.
• 1st Hedge Fund (s) – Asset Alliance, Lexstone.
• 1st Private Equity Client – Carlton Group listing $1Bn in deals.
• 1st Clean Tech Client (s) – Collective Sun, Ecova, Palmetto, Spark Fund.
• 1st Investment Bank (s) – LM2Network, Helvetica Group.
• 1st P2P / P2B Lending Platform – Daric, Lendoor
• 1st Accelerator -- StartEngine
As Founder & CEO leading a Robo-Advisor Startup
Built A+ Team
I headed all of the recruiting efforts and successfully on-boarded 4 full-stack engineers (CalTech, IIT, Stanford, Berkeley), 5 advisors (2 of which are billionaires) and 2 interns (strategy and marketing). I had to create partnerships with data providers (Intuit and Yodlee) in addition to developing an online customer acquisition strategy. Also 2 Top MBA grads as well but those aren't hard to get ;-)