ETF issuance firm Metaurus Advisors has appointed Rick Silva as a partner and member of the firm’s management team.
Prior to Metaurus, Silva spent 13 years at Wells Fargo Securities in several senior-level positions including, Global Co-Head of Equities and Investment Solutions, where he was responsible for the firm’s Cash Equity and Equity Derivatives sales and trading business as well as the firm’s multi-asset class structured notes platform. Silva also served as President of Wells Fargo Portfolio Risk Advisors (an SEC-registered investment advisor) specialising in the design and management of equity-derivative portfolio overlay strategies for institutional clients of the firm.
Prior to joining Metaurus Advisors and Wells Fargo, Silva was a Managing Director with Morgan Stanley in the Equity Structured Products business, and prior to that worked as an equity-index derivatives trader at Merrill Lynch. Silva started his career in Corporate Finance at Dean Witter Reynolds 28 years ago, after earning a BA in Economics from Washington & Lee University. Rick also holds a CFA designation.
During Silva’s 28 years of investment banking industry experience, he worked with Metaurus Advisors’ Co-CEOs Rick Sandulli and Jamie Greenwald at both Morgan Stanley and Merrill Lynch, and was instrumental in the creation and build-out of those firms’ global equity structured notes businesses, including new product innovation and development, and education of the retail distribution platforms for the products. Rick is an experienced manager and a veteran structured products expert with experience across asset classes and geographies.
Silva will be involved in all aspects of the Metaurus Advisors ETF business, focusing on managing the trading desk, helping further the development of our distribution channels and broadening our product and patent portfolios.
“We are delighted to have such an experienced and talented senior professional from a major Wall Street firm join our asset management business at the most impactful time for our firm’s growth,” says Jamie Greenwald.
“Rick is one of the most talented financial engineers in the business today, and our business and our investors will all benefit greatly from his management experience and execution talents,” says Rick Sandulli.
Silva says: “I am very excited to join Metaurus Advisors and its incredibly talented team. Of course, I have known and worked with Rick and Jamie for many years. Both are tremendously creative and have proven track records developing innovative products and businesses that are both impactful and useful in helping investors across the spectrum achieve their portfolio goals. I look forward to contributing to the success of the mission at Metaurus.”