M and A
Deals Of The Day: The Latest In Wealth Management M&A – Lagom Family Advisors, Ceresio
The latest mergers, acquisitions and other corporate actions in the wealth management sector.
Lagom
Family Advisors, a business based in Chiasso, southern
Switzerland and founded in 2017, has been acquired by Swiss group
Ceresio
Investors.
A report (finews.ch) said that Ceresio, owned by the
Italian-Swiss Foglia family, had conducted the transaction
through parent firm Banca del Ceresio in Lugano.
WealthBriefing emailed Ceresio for comment; it had not
received a reply at the point of going to press.
The LFA website, meanwhile, said that it had been “part of
Ceresio Investors since October 2024.”
“We are confident that this partnership will not only enhance our
ability to deliver high-quality, personalised services and care
to the families that place their trust in us, but [will] also
significantly expand our solutions, expertise, and technical and
professional capabilities,” Severino Pugliesi, partner and CEO,
Lagom Family Advisors, told this news service, reiterating an
earlier comment. The firm is declining further comment.