All North American clients of Vontobel Wealth Management are now under one roof
- Successful closing of legal merger of the two Switzerland-based Vontobel entities serving US clients, effective April 3, 2023
- Vontobel Swiss Wealth Advisors to be integrated into Vontobel SFA
Since April 3, 2023, all clients of the two Switzerland-based Vontobel US entities have been brought together under one roof within Vontobel SFA. Vontobel has thus become the largest Swiss-domiciled wealth manager for North American clients who are seeking international diversification for their assets and want them to be booked in Switzerland. The assets under management of the combined unit total around CHF 10 billion.
As a result of the legal merger, all clients of the “new” SEC-registered US entity will be able to access the comprehensive services and global investment expertise offered by Vontobel SFA. Following the integration, Vontobel SFA has more than 100 employees in Zurich, Geneva, New York and Miami, including 30 client advisors and an expanded Investment Management & Advisory team with around 25 employees. In addition, UBS will continue to refer US clients seeking regional diversification to Vontobel SFA.
The CEO of the “new” Vontobel SFA is Peter Romanzina, with Jürgen Wegner serving as Deputy CEO. The Chairman of the Board of Directors of Vontobel SFA is Georg Schubiger, Head Wealth Management at Vontobel, and Jacqueline Hess is Vice Chair of the Board of Directors of Vontobel SFA, as already announced at end-2022.
“We are very pleased that we can now offer all our North American clients our global investment expertise and investment services from a single source. Vontobel has already been active in the US for around 40 years. Our numerous discussions with clients have shown that they count on Vontobel and on our global expertise, which provides them with additional benefits,” said Peter Romanzina, CEO Vontobel SFA.
North America counts as one of Vontobel’s focus markets. At its last Investor Day, the investment firm emphasized that in the future, it will place an even stronger focus on large, established markets such as the US with substantial numbers of sophisticated clients whom Vontobel can help to realize their objectives – drawing on its global investment expertise.
“Building on this broader basis, we want to continue to successfully grow and to further consolidate our position as a leading Swiss wealth manager for US clients, in line with our strategy. The legal merger is an important step on the way towards making Vontobel SFA one of the partners of choice for discerning US clients who want to diversify their wealth globally,” added Georg Schubiger, Chairman of the Board of Directors of Vontobel SFA and Head Wealth Management at Vontobel.
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At Vontobel, we actively shape the future. We create and pursue opportunities with determination. We master what we do – and we only do what we master. This is how we get our clients ahead. As a globally active investment manager with Swiss roots, we specialize in wealth management, active asset management and investment solutions. We harness the power of technology to deliver a high-quality, individual client experience and to deploy our investment expertise across multiple platforms and ecosystems. We empower our employees to take ownership of their work and bring opportunities to life. We do so based on the conviction that successful investing begins with the assumption of personal responsibility. We continuously scrutinize our achievements as we strive to exceed the expectations of our clients. The registered shares of the Vontobel Holding AG are listed on the SIX Swiss Exchange. The Vontobel families' close ties to the company guarantee our entrepreneurial independence. We consider the resulting freedom as an obligation to also assume our social responsibility. As of December 31, 2022, Vontobel held CHF 254.6 billion of total client assets. Around the world and in our home market, we serve our clients from 26 locations.
This press release is provided purely for informational purposes and is expressly not directed at persons whose nationality or place of residence prohibits access to such information on account of existing legislation. The information and views contained in it do not constitute a request, offer, or recommendation to use a service, to buy or sell investment instruments, or to conduct other transactions. Forward-looking statements, by their nature, involve general and specific risks and uncertainties. It should be noted that there is a risk that forecasts, predictions, projections, and results described or implied in forward-looking statements may not prove to be correct.