Geneva-headquartered Decisive Capital Management has acquired the Swiss operations of UK firm Artorius Wealth for an undisclosed sum.
The transaction closed on 21 January 2022.
The deal will strengthen Decisive’s wealth platform and its footprint in Zurich.
James Phillips, managing director and founding member of Artorius, is joining Decisive as senior partner and head of northern Europe.
Ian Marsh, executive chairman of Artorius, said: “I am delighted to be able to announce Artorius’s agreement with Decisive.
“When working with the Decisive team over the last few months it has been evident Artorius and Decisive share a client-centered philosophy and ethos.
“Artorius is focused on regional growth opportunities in the UK and our agreement with Decisive means we will continue to offer Artorius’s resident non-domiciled clients a platform in Switzerland from which they can conduct their international affairs.”
A spokesperson for Decisive said in a statement: “This first acquisition marks an important step in enhancing our wealth and asset management ecosystem. This deal fits our growth strategy and cements our ambition to be a trusted advisor to our clients. We look forward to welcoming the Artorius Zurich team into our investment discovery platform, focused on Smart Capital.”
Decisive calls itself an “independent next-generation adviser” and works with ultra-high net worth individuals, their families, entrepreneurs, and corporates. The financial platform has offices in Geneva, Zurich, and London.