Punta del Este in Uruguay: a magnet for financial events targeting millionaire investors

Investment banks from the United States and Switzerland have invited current and potential clients to breakfasts, lunches, and dinners such as at the Narbonne Estancia with economists and political scientists who are paid up to USD 4,300 for lecturing one hour about finance and the economy. They seek to find the ‘high net worth individuals which have from USD 1 million in liquids funds or family offices of ‘ultra high net worth’, which have from USD 10 million in liquid funds to invest. As…