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Luis Corrales
Co-Founder & Managing Partner at COPE CORRALES
Professional Background
Luis Corrales is a dynamic and driven entrepreneur serving as the Co-Founder and Managing Partner of a boutique family office wealth management firm. His firm specializes in providing wealth management solutions tailored specifically for successful business owners and high net worth families. Under his leadership, the firm has established a proven methodology centered around 'work optional' planning—a forward-thinking approach that enables clients to accumulate wealth utilizing tax-efficient tools while also designing precise charitable gifting strategies to enhance their legacy. One of the hallmarks of Corrales’ expertise is the proprietary '7 Step Exit Planning Process' he developed, which empowers entrepreneurs and business owners to transition their ownership interests effectively, ensuring they choose their successors, timing, and achieve maximum value for their business.
Education and Achievements
Luis's educational journey commenced with a Bachelor of Science in International Finance from American University’s Kogod School of Business, where he not only honed his academic expertise in finance and business management but also met his wife, Mary Aileen—a treasured partnership that has flourished both personally and professionally. His thirst for knowledge and innovation led him to Stanford University, where he successfully completed an Executive Education program with a focus on Entrepreneurship/Entrepreneurial Studies. This prestigious program enriched his understanding of scaling businesses, with a specific focus on supporting Latino business owners.
Corrales has also engaged in further educational opportunities, including a Business Summer Program at Georgetown University’s McDonough School of Business, continually broadening his insight into various business strategies and practices.
Community Involvement
Luis Corrales is not only focused on his personal career but is also deeply committed to giving back to his community. His involvement as a Board member of the Latino Student Fund illustrates his dedication to educational equity for Latino youth, providing them with resources and support to succeed academically. Additionally, he has served on the Advisory Board of John Marshall Bank, where he contributed his insights into community banking and finance.
His firm is proud to be associated with reputable organizations such as SECAF, the Greater Washington Board of Trade, and the CEO/Business group Accelerent, showcasing his commitment to networking and collaboration with other industry leaders for the betterment of the business community.
Personal Life
Luis Corrales currently resides in Washington, D.C., with his loving wife, Mary Aileen, their spirited son, Oliver, and their loyal dog, Otis. Amidst his professional pursuits, Corrales enjoys a variety of leisure activities, including playing golf, where he often participates in local tournaments, as well as indulging in reading and traveling with his family. His hobbies reflect his well-rounded character and drive for personal development, underlining the importance of work-life balance as he navigates his roles as a family man and a successful entrepreneur.