Fineco (UniCredit) to hire 100 advisers by year-end

Finecobank, part of Italy’s UniCredit, has appointed five financial advisers to its national network, headed by Alessandro Foti and Mauro Albanese.

Graziano Pastore and Domenico Luigi Fregola joined Fineco from Banca Mps, Donato Mauro joined from UBI Banca Private, and Giacomo Franchi and Fabrizio Gaudino joined from Banca Network.

Fineco has set a strong growth target for its network of advisers in 2012. A spokeperson at the bank said that about 40 professionals have already joined in 2012 and 100 appointments are expected to be completed by the end of the year.

 Since the beginning of the year Fineco reported net inflows for €1bn.

The group has 2300 advisers with an average portfolio of €13m. 

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