Swiss investment bank Vontobel has bolstered its range of wealth management products for high net worth clients with the unveiling of its latest digital offering.
The app is called Volt and Vontobel says it will give wealthy clients digital access to the investment expertise of a global active wealth and asset manager.
In the future, clients will be able to use the app on their smartphones to invest in actively managed financial investments and to individually customise their personal portfolio.
Georg Schubiger, head of wealth management at Vontobel, said: “Vontobel Volt adds a new digital dimension to our successful active wealth management offering.
“The technology allows our wealthy clients to make direct, individual use of our investment expertise from any location at any time and to customise their portfolio.”
Investments
Volt clients can invest in themes such as broad diversification, medium- and long-term investments and the use of short-term market opportunities via selected individual stocks.
The digital solution informs clients about current market events, attractive new investment themes and changes in their portfolio.
It also provides full transparency about individual investment products and their performance at all times.
From 4 June, it will be available to existing Vontobel clients in Switzerland in addition to the current wealth management offering and is also aimed at new portfolio management clients in Switzerland.
Partners
The firm is also making Volt’s platform and technology expertise available to other financial services providers.
Vontobel’s strategic partner Raiffeisen Switzerland will be the first partner to offer its own digital wealth management solution based on the platform.
The banking group’s offering is due to be launched in spring 2020 and will be tailored for its clients.
Heinz Huber, chierf executive of Raiffeisen Switzerland, said: “With an attractive portfolio management mandate, we can give our broad clientele access to highly professional investment know how.
“As a cooperative banking group, we consider it very important to support as many Swiss as possible in their wealth planning and to give them long-term savings opportunities with securities.”
