Genvil Wealth Management and Consulting offers both discretionary and advisory management for clients.
A group of experienced wealth managers launched a new independent asset manager in Geneva today.
François Savary and Cédric Mondada unveiled Genvil Wealth Management and Consulting, where the two will serve as co-founders. The firm also counts Natalia Souto as a partner.
All three previously worked for fellow independent asset manager Prime Partners. Savary joined as chief investment officer in 2016 following eight years at Reyl, while Mondada was an executive committee member; he joined in 2014 following a stint in wealth management at UBP, as per his LinkedIn profile.
Genvil, which is already authorised by Finma, offers both discretionary and advisory management for clients.
Its banking partners include Julius Baer, Pictet, UBS and Lombard Odier. It also works with Silex for financial research and the regulatory and compliance specialist Compliance Angels.
Prime Partners featured in Citywire’s 2024 Top 50 Independent Asset Managers publication, at which point it had CHF 3.6bn in Swiss assets under management.
Prime Partners announced that Mondada was stepping down from its executive committee last month. Its refreshed executive committee is made up of CEO Sébastien Capt and partners Hugo Antunes and Nicolas Meynet.