Media Releases

3 November 2015 ~ Julius Baer Group Ltd. has acquired the Swiss independent wealth manager Fransad Gestion SA. The transaction strengthens Julius Baer’s leading position in the Swiss independent wealth management market and in French-speaking Switzerland.

Julius Baer Group Ltd. (‘Julius Baer’), the leading Swiss private banking group, has announced today that it has acquired Fransad Gestion SA (‘Fransad’), an independent Swiss wealth manager, for an undisclosed amount. Fransad started its activities in 2010, is based in Geneva and employs 19 people. In the past years, the company’s profitable business has enjoyed healthy growth. 

In a first phase, Fransad will continue to operate under the existing brand. The founders will remain on the Board and continue to provide their support to the company and its management. The management team will also remain in place and lead the company with the same client-focused strategy post transaction. Julius Baer will be represented on the Board of Fransad.