2023-09-08 09:32:04
Published on September 8, 2023 at 11:32. Modified on September 8, 2023 at 12:43.
It is a rapprochement between extremes carried out by the management companies Pleion and Finstoy. The first, founded in 1980, is one of the major independent wealth managers in Geneva, with just over 3 billion assets under management and around sixty employees. The second, launched in 2011, has three employees and approximately 150 million francs under management. With a particularity: the ability to manage via a robo-advisor. Enough to offer an additional investment solution and have the means to develop it within the new group, in which the two brands will be retained. This merger is also a response to the new regulatory requirements which concern independent managers (IMF), particularly since the start of the year.
Read also: Independent managers rarely merge. For now
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