Decisive said the acquisition will strengthen its footprint in Zurich.

Geneva-based Decisive Capital Management has bought the Swiss operations of Artorius Wealth Switzerland in Zurich (Artorius). It bought the business from Manchester, UK-based Artorius.

The financial details of the transaction, which closed last Friday, were not disclosed. 

“The acquisition will strengthen Decisive’s wealth platform, its footprint in Zurich and support the firm in delivering long-term value to its clients,” Decisive said in a statement late last week.  

Founded six years ago, Decisive,which supervises more than SFr6 billion on behalf of clients, specialises in offering its clients “smart capital” opportunities to invest in disruptive industries.

"This first acquisition marks an important step in enhancing our wealth and asset management ecosystem,” Decisive said. “This deal fits our growth strategy and cements our ambition to be a trusted advisor to our clients. We look forward to welcoming the Artorius Zurich team into our investment discovery platform.”

James Phillips, managing director and founding member at Artorius, is joining Decisive as senior partner and head of Northern Europe.

“I am delighted to be able to announce Artorius’s agreement with Decisive,” Ian Marsh, executive chairman of Artorius, said. “When working with the Decisive team over the last few months it has been evident Artorius and Decisive share a client-centred philosophy and ethos. Artorius is focused on regional growth opportunities in the UK and our agreement with Decisive means we will continue to offer Artorius’s resident non-domiciled clients a platform in Switzerland from which they can conduct their international affairs.”

In 2021, Decisive won Wealthbriefing Swiss EAM “Direct Investment Program” category. It was established in Geneva in 2016 and works with more than 90 professionals with a global network. 

Artorius, which was founded in 2015, advises clients across the UK from its offices in Manchester and London. It manages £1.5 billion in assets and is owned by management, employees, and a small group of individual shareholders.