Citywire - For Professional Investors

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Pfäffikon adviser hires ex-UBS WM vice chair for board

Pfäffikon adviser hires ex-UBS WM vice chair for board

Reuss Private Group has a appointed new member of its board, the Pfäffikon-based firm has announced.

Carlo Grigioni was most recently divisional vice chairman of UBS Wealth Management. He also played a key role in establishing the Asian division at UBS during the 1980s.

Felix Brem, CEO of the firm, said the new hire will contribute to the expansion of the group's Asian business.

Commenting on his new position, Grigioni said: ‘I am happy to be able to support Reuss Private with my many years of experience and thus to contribute to further growth, especially in the growing Asian markets.’

Armouring for regulations

Reuss Private Group is set to launch an education programme offering asset managers and client advisers information on money laundering, suitability and cross-border advice.

The initiative will be called Reuss Academy and will officially be launched in the second half of 2017.

This is part of the firm’s objective to help wealth managers to stay independent and benefit from economies of scale required to tackle regulation.

Growth perspectives

Elsewhere, the group also reported a 19% increase in assets to CHF 2 billion. The total of managed and administered assets expanded to CHF 17 billion, marking a 25% boost.

‘We are very happy with our growth. It shows that our business model is working and we will continue to invest extensively,’ Brem said. 

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Events
  • Citywire DACH 2016

    Citywire DACH 2016

  • Citywire Switzerland 2016

    Citywire Switzerland 2016

  • Citywire Zurich Alt Ucits 2016

    Citywire Zurich Alt Ucits 2016

  • Citywire Zurich Alt Ucits 2016

    Citywire Zurich Alt Ucits 2016

  • Citywire Zurich Alt Ucits 2016

    Citywire Zurich Alt Ucits 2016

  • Citywire Montreux 2016

    Citywire Montreux 2016

  • Citywire Montreux 2016

    Citywire Montreux 2016

  • Citywire Montreux 2016

    Citywire Montreux 2016

  • Citywire Zurich 2016

    Citywire Zurich 2016

  • Citywire Zurich 2016

    Citywire Zurich 2016

  • Citywire Zurich 2016

    Citywire Zurich 2016

  • Citywire Switzerland 2015, Gstaad

    Citywire Switzerland 2015, Gstaad

  • Zurich Forum 2015

    Zurich Forum 2015

  • Zurich Forum 2015

    Zurich Forum 2015

  • Geneva Roundtable 2015

    Geneva Roundtable 2015

  • Geneva Forum 2015

    Geneva Forum 2015

  • Geneva Forum 2015

    Geneva Forum 2015

  • Citywire Gstaad 2014

    Citywire Gstaad 2014