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Financial company Mirador will create hundreds of jobs in Stamford

STAMFORD – Financial services company Mirador LLC announced on Monday that it plans to move its headquarters from Darien to Stamford and add approximately 250 positions over the next three years – the latest of several companies over the past year. to qualify for state funding to support significant job growth.

Mirador plans to open its under-construction offices covering more than 20,000 square feet on the fourth floor of 850 Canal St. in the southern neighborhood of Stamford by the end of this summer. It will relocate from 10 Corbin Drive in downtown Darien, where its main offices have been based since its founding in 2015.

The move will increase the head office footprint of a company that employs around 100 people and specializes in managed services for the wealth management industry by almost 50%.

“We have grown from a small office to 14 separate offices in Corbin Drive, with 23 doors. So, unfortunately, we are going to have to say goodbye to Darien, but we will always consider it our birthplace, ”said Joseph Larizza, founder and managing partner of Mirador, during a press conference at 850 Canal, joined on Monday. by a number of his colleagues and local and state officials, including Governor Ned Lamont.

“That brings us to what we have here, which is a place that’s really going to be able to command us to get high paying career jobs for people in the industry. We’re looking forward to our next chapter.

To support Mirador’s growth, the state’s Department of Economic and Community Development will provide a grant of up to approximately $3.24 million. The maximum amount depends on the company creating and maintaining 250 full-time jobs. If it creates fewer positions, then Mirador could receive a smaller subsidy.

“We had to reinvent and rethink what the state of Connecticut was going to be — and that’s the next generation of jobs,” Lamont said. “Here at Stamford, I think you see the next generation of fintech.”

Larizza said the support of officials such as Lamont, Stamford Mayor Caroline Simmons, DECD Commissioner David Lehman and Peter Denious, CEO of the non-profit organization AdvanceCT focused on economic development, was instrumental in the Mirador’s decision to stay in Connecticut. The company also considered potential headquarters in other states like New York, New Jersey and Rhode Island before moving to Stamford, according to Larizza.

“We have met the governor three times now; we are not even in our (new) space. We were Mayor Simmons’ first meeting after she had her baby,” Larizza said. “We really appreciate the responsiveness Connecticut has given us. … We are truly excited about the state’s efforts to bring manufacturing, financial services and fintech back to our state.

Simmons expressed similar enthusiasm.

“Thank you for staying in Connecticut and choosing Stamford to bring your incredibly innovative, growing business and all of these great, well-paying jobs to our city,” Simmons said.

In addition to more than 90 professionals working in Darien, Mirador also has employees based in Chicago; Jacksonville, Florida; Salt Lake City, Utah; and Dublin, Ireland.

Its services include financial reporting, middle-office and “expert” services, an advisor technology platform and an advisor-client portal. Her clients include wealthy families and family offices, wealth managers, endowments and foundations.

Mirador represents the latest of several companies that last year announced plans to expand into southwestern Connecticut, backed by government employment grants. These other companies include financial services companies Digital Currency Group, iCapital, Hudson Bay Capital and Tomo Networks and technology services manufacturer and provider ITT.

Tobacco giant Philip Morris International, which plans to open a new headquarters in downtown Stamford later this year after relocating from Manhattan, is not receiving state funding.

DCG, ITT, iCapital, PMI and Tomo together plan to create several hundred jobs in the state over the next few years.

“To use that overused word ‘ecosystem,’ we have one here in fintech,” Denious said. “I think it has huge potential to continue to attract more businesses and help those that are already there grow, à la Mirador.”

pschott@stamfordadvocate.com; twitter: @paulschott

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