The Swiss Life Group has launched Swiss Life Wealth Managers in Zurich to offer private clients advisory and individual asset management services.
The newly-established operation will allows private clients to benefit directly from its asset management arm Swiss Life Asset Managers.
The services offered by Swiss Life Wealth Managers include asset management, financial planning, tax and retirement.
The office in Zurich will be the first of many as the firm looks to expand its offering to other regions in Switzerland in the coming years. The firm said that there will “shortly be a second location in Winterthur”.
Demand in market
Markus Leibundgut, member of the corporate executive board of the Swiss Life Group and chief executive of Switzerland, said: “We see an increasing need for comprehensive advice and tailored investment opportunities in the growing affluent market segment.
“Swiss Life Wealth Managers helps private individuals tailor their financial planning to their individual needs. In this way we make a decisive contribution to the self-determination of our customers.”
Stefan Mächler, chief investment officer of the Swiss Life Group, added: “For the first time, our investment experts are now also offering private individuals individually tailored asset management that was previously reserved for institutional investors.
“Besides long-term earnings targets, this service also comprises tailored risk management and offers our customers financial confidence in all aspects.”
The Swiss Life Group is a Europe-based life and pensions, and financial solutions provider. It is the parent group of UK financial advice firm Chase de Vere.