The Paris-based investment bank is expanding its wealth management presence in German-speaking Switzerland.
Rothschild & Co has hired six new relationship managers in its Zurich office this week, creating an additional onshore wealth management team to accelerate growth in the region.
The move follows Andreas Feller joining Rothschild & Co as head of Swiss Onshore Zurich and deputy head of Private Banking Zurich earlier this year, the firm said in a statement.
It also follows the acquisition of Banque Pâris Bertrand last year, which strengthened Rothschild & Co’s position in the French-speaking Swiss wealth management market, the firm continued.
Under the move, Aaron Keller, who is joining Rothschild & Co as head of the new Swiss Onshore Zurich Executive & Entrepreneurs team, will focus on high net worth family executives and entrepreneurs in the greater Zurich area, Rothschild said.
Most recently, he was head of Entrepreneurs & Executives at Credit Suisse, leading the Greater Zurich region. Prior to that, he was a client advisor at both Rahn + Bodmer Co and UBS.
He is joined by Philippe Neher, a lawyer and notary public who previously advised very wealthy clients at Zürcher Kantonalbank, and Jürg Kramis and Jonas Kessler, both of whom were client advisors at Credit Suisse in the Lake Zurich region, the firm said.
Emanuel Grauwiler, who advised families with complex wealth situations at the multi-family office Swiss 5 Group and the private bank Hauck & Aufhäuser, will also be joining the team.
In addition, Ueli Gnos is joining another of Rothschild & Co's existing Swiss Onshore Zurich Wealth Management teams. He was previously a senior relationship manager at Bergos Private Bank, the bank continued.
Welcoming them to the firm, Feller said: "We are pursuing a clear growth strategy in Zurich. These new hires will help us to better position our distinctive offering in the market and significantly expand our presence.”
“The new team will also work closely with our Global Advisory and Merchant Banking divisions to provide high net worth individuals with access to business succession, financing, private equity and M&A services,” he continued.
Based in Paris, Rothschild & Co, Wealth and Asset Management serves a diverse client base from its European offices in France, the UK and Channel Islands, Switzerland, Germany, Belgium, Italy, Spain, Luxembourg and Monaco as well as from its New York office, with €100 billion ($106 billion) assets under management.