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All North American clients of Vontobel Wealth Management are now under one roof

Media release

Published on 03.04.2023 CEST

  • 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.