Pending approval from the Swiss Financial Market Supervisory Authority, Alpadis said that the acquisition aligns with their strategic vision to expand its footprint and enhance its service portfolio to meet the needs of an evolving landscape for their clients. 

Based in Erlenbach, Switzerland, EOS Trust and Consulting are known for their expertise in international tax consulting, domestic tax advice, relocation of natural persons, corporate administration, philanthropy and Swiss trustee services.  

To read more on this topic, visit: Exploring the complexities of global wealth management for high-net-worth clients

Elena Arlotta, trust manager and tax advisor at EOS Trust and Consulting, will join Alpadis Group as a board member of Alpadis Group Holding and director of Alpadis Trust (Switzerland).

She said: “Joining forces with Alpadis Group is a significant milestone for us. It not only elevates the level of service we can offer to our clients but also expands the horizons for our team. We look forward to contributing our expertise to Alpadis’ diversified portfolio, especially in the Italian and South American markets.”

“We are thrilled to welcome EOS Trust and Consulting to the Alpadis Group family,” commented Alain Esseiva, CEO of Alpadis.  

“The addition of Elena Arlotta and her team underscores our commitment to delivering unparalleled service quality and expertise to our clients globally. This acquisition, our fourth in Zurich, is a strategic move to consolidate our position in Switzerland, extend our geographical reach and grow our tax and succession capabilities further.” 

These new locations have extended Pantheon’s footprint into two important private wealth hubs and supports its ongoing expansion in the private wealth channel.

The Singapore office will be a hub for its activities in Southeast Asia and across the wider Asia-Pacific region serving a client base that includes a number of blue-chip institutional investors and national pension funds.

It will be led by Brian Lim, Pantheon partner and head of the firm’s investment activities across Asia and emerging markets.

To read more on this topic, visit: Global wealth set to reach $629trn by 2027

While the Geneva office will extend the firms presence in continental Europe and will be led by Carlos Arias, Principal in the firm’s European Investor Relations team, who provide broader coverage for the firm’s institutional and private wealth clients in French speaking markets as well as Spain and Italy.

Pantheon’s private wealth platform offers a range of evergreen fund solutions with a combined $5.8bn (£4.7bn, €5.5bn) in assets under management (AuM).

Susan Long McAndrews partner and global head of business development, said: “ Our strategic focus is on building our presence in key growth markets and client channels, offering our investment acumen and commitment to service excellence to more investors, while growing our investment capacity and reach.

“We are pleased to bring our global expertise to local markets in Singapore and Geneva, where we have generated significant momentum and where we see substantial opportunities for further growth.”

The licence will allow both the firm and the network appointed representatives to advise Swiss domiciled and resident individuals, and expats resident in Switzerland.

Mark Hopcroft, managing partner of PCC Wealth Network, said: “This is brilliant news for the group as we believe the opportunities in Switzerland are significant and as it is increasingly evident the Swiss regulators are taking a keen interest in the retail market it is critical that advisers who wish to work in this market have the necessary permissions and are correctly authorised.”

Andy Oliver, chief executive of PCC, added: “This is a great testament to our team who have worked diligently with the Swiss regulators. Looking forwards then with our fully scalable and compliant technology processes, we are ideally placed to explore opportunities in other markets where we can see significant growth.

“We are currently actively looking at two further markets with huge growth potential that will add significantly to the footprint of the regions where we will operate.”

The team will be led by Marco Arnold, who has worked in the banking sector for more than 30 years and was head of entrepreneurs and executives at Credit Suisse Zug for the last 15 years.

The bank said that Zug is a “key business location, with an increasing demand for bespoke wealth management services”. Clients in Zug will have access to Lombard Odier’s investment solutions and independent advice.

Gérard Felley, limited partner and head of Swiss and Francophone private client markets at Lombard Odier, said: “Switzerland is our home market, hence our desire to constantly strengthen our presence and grow our client base. We have continued to invest in the Swiss-German market in recent years, a strategic growth area for Lombard Odier.

“With the hiring of Marco Arnold and his team, and the opening of an office in Zug, we are well positioned to pursue our growth ambition and to best serve our clients’ interests.”

GMG, which was established in Geneva in 2000, provides international wealth management structuring and management expertise. It has a cross-border licence in South Africa and offices in the UAE.

Quaestor Coach specialises in the acquisition and development of wealth and asset management firms. Quaestor Coach has made nine acquisitions to date – seven in Benelux and two in Switzerland. Its Swiss acquisitions include Zurich-based independent wealth managers Diem Client Partners in 2021 and Investarit in 2022.

The investment will see the firms’ focus on acquiring independent asset managers and wealth managers. The firms said that their intention is to create a “leading asset and wealth management platform in Switzerland” and become a prominent player in the ongoing consolidation phase in the Swiss wealth management market.

Dave Elzas, founder and chief executive of GMG said that the collaboration would provide GMG with the “optimal resources to grow its platform and attract portfolio managers, asset managers and bankers, through acquisitions”.

Mathias Vandermeeren, acquisition manager at Quaestor Coach, added: “We are confident that our joint expertise can help Dave and his team accelerate their projected growth.”