Vontobel wealth management arm opens office in New York

Vontobel Swiss Wealth Advisors, part of Zurich-based  Vontobel Holding’s Wealth Management division, has opened an office in New York.

The wealth manager started looking after US investors out of its offices in Switzerland in 2010 and, in 2013, opened an office in Dallas.

The new office is located on Broadway near Times Square.

Named to head up the New York office, as senior wealth management adviser, is Peter Little, who joined Vontobel in March. Most recently he had been director of international strategy at LLBH Private Wealth Management, LLC, and before that, was with the Royal Bank of Canada.

Also based in the new New York office, in the role of wealth management adviser, is Urs Weber, who joined VSWA as executive director in October 2016; and Franck Litzler, who joined last month as wealth management adviser and associate director.

Vontobel Swiss Wealth Advisors chief executive Deepak Soni noted that Vontobel had “quickly established ourselves as a leading Swiss-based private wealth manager for US clients” ever since first opening its doors to them.

“The New York location is an important milestone in our growth strategy,” he added, “and ensures a growing base of US and Canadian investors can access our highly experienced team of advisers and tailored investment solutions.”

Vontobel Swiss Wealth Advisors is a Registered Investment Advisor with the US Securities & Exchange Commission, and is an exempt international advisor in the provinces of Alberta, British Columbia, Ontario and Québec.

Vontobel is a Swiss private bank that dates back to 1924, and is listed on the Six Swiss Exchange. Vontobel Group had AuM of around CHF195bn (€151.7bn) at the end of last year.

As reported,  Vontobel earlier this year entered into what it called a  “strategic cooperation agreement” with the Bank of Singapore that it said was aimed at enabling the Singapore institution’s ultra-high and high-net-worth to book their assets in Vontobel’s Zurich facilities.

Close Window
View the Magazine

You need to fill all required fields!