WSP signed its largest customer, a private bank

We are delighted to announce that, after a thorough due diligence, Wealth Solutions Partners has been selected by a Geneva-based high performing Private Bank, in front of larger, more established contender to fully manage its long-only funds selection list to serve their advisory, as well as discretionary services.

It is indeed a great achievement for us, and we are proud to have signed a service agreement that allows us to partner with a private bank managing more than CHF 35bn of assets, and awarded for the quality of its services. It represents a strong recognition by a well-established player in the Swiss wealth management market of our expertise and ability to deliver with quality, consistency and independence.

According to the bank’s representative, the main factor that led us being retained is that we have been recognised the most knowledgeable, well experienced specialists able to deliver cost effective services tailored to the needs of a private bank willing to stay connected to the best fund managers.

Interestingly, it demonstrates that a trend is in place in the use of outsourcing for tasks linked to investments which may have been triggered by the forthcoming implementation of Mifid II. We aim to position Wealth Solutions Partners ahead of that trend by offering services highly tailored to the private banking market in Switzerland and elswhere.

We look forward to work closely with this bank, establishing a long-lasting relationship, and helping them to grow their business successfully.