Julius Baer sells Swiss independent wealth management arm

clock • 1 min read
Julius Baer sells Swiss independent wealth management arm

Julius Baer is to sell Zurich-based Wergen & Partner Wealth Management to the management of Wergen & Partner. In a group statement on 3 January, it said the parties had signed a corresponding agreement, according to which the transaction shall be completed in Q1 2022. The deal follows a review of the group's "strategic participations" and the conclusion that Wergen & Partner Wealth Management can develop best under the ownership of the existing and future management team. Julius Baer acquired...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login