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Vector to Transfer Client Accounts to Finamex as Finamex Buys Vector Fondos

The carve‑out seeks to preserve client service under U.S. sanctions pressure, with completion contingent on regulatory approval.

Overview

  • Vector and Finamex agreed to move eligible client accounts to Finamex and for Finamex to acquire Vector Fondos, which manages 21 investment funds.
  • Both firms said the move is not a merger or a takeover of Vector’s license but a limited transfer of client portfolios and assets.
  • Vector said client‑facing promoters and advisors will join Finamex so service levels remain consistent through the transition.
  • The companies stated that closing requires certain conditions to be met, including approvals from Mexican regulatory authorities.
  • The deal follows U.S. Treasury actions that flagged Vector for alleged cartel‑linked money laundering and illicit chemical procurement, after which Mexican authorities intervened, with timing described as near the end of a sanctions extension.