Skip to content
International Adviser
  • Contact
  • Subscribe
  • Regions
    • United Kingdom
    • Middle East
    • Europe
    • Asia
    • Africa
    • North America
    • Latin America
  • Industry
    • Tax & Regulation
    • Products
    • Life
    • Health & Protection
    • People Moves
    • Companies
    • Offshore Bonds
    • Retirement
    • Technology
    • Platforms
  • Investment
    • Equities
    • Fixed Income
    • Alternatives
    • Multi Asset
    • Property
    • Macro Views
    • Structured Products
    • Emerging Markets
    • Commodities
  • IA 100
  • Best Practice
    • Best Practice News
    • Best Practice Awards
  • Media
    • Video
    • Podcast
  • Directory
  • My IA
    • Events
    • IA Tax Panel
    • IA Intermediary Panel
    • About IA

ANNOUNCEMENT: Read more financial articles on our partner site, click here to read more.

Julius Baer sells Swiss wealth business

By Robbie Lawther, 6 Jun 22

Companies will maintain a partnership after the deal

Global private banking group Julius Baer has sold Geneva-based Fransad Gestion SA to the management team of the independent wealth manager for an undisclosed sum.

The team have completed the buyout to pursue their own growth strategy.

As a result of the transaction, Fransad will no longer belong to the Julius Baer Group, however, both parties “will maintain a partnership going beyond traditional custodian services”.

Founded in 2010 in Geneva, Fransad manages around CHF1.5bn (£1.24bn, $1.56bn, €1.45bn) of assets.

The firm employs around 20 people, including 10 relationship managers.

Tags: Julius Baer | Switzerland

Share this article
Follow by Email
Facebook
fb-share-icon
X (Twitter)
Post on X
LinkedIn
Share

Related Stories

  • Companies

    VIDEO: II’s The Breakfast Briefing EP 2 – Sam Instone, CEO, AES International

    Heather Hopkins

    Industry

    MPS assets surge 32% to £190bn as adviser usage grows

  • Hamid

    Industry

    Former Invesco head launches EM investment platform

    Industry

    Finance firms could face FOS complaints for unsuitable targeted support


NEWSLETTER

Sign Up for International
Adviser Daily Newsletter

subscribe

  • View site map
  • Privacy Policy
  • Terms and Conditions
  • Contact

Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.