The Swiss Financial Market Supervisory Authority (FINMA) and the Luxembourg Financial Sector Supervisory Commission (CSSF) have approved REYL & Cie's acquisition of a 40% stake in 1875 Finance Holding ("1875 Finance"). This strategic partnership will enable both companies to increase their combined market share in the independent wealth management segment in Switzerland.
The Swiss Financial Market Supervisory Authority (FINMA) and the Luxembourg Financial Sector Supervisory Commission (CSSF) approved the strategic partnership between REYL & Cie, the Swiss diversified banking group held in part since May 2021 by Fideuram - Intesa Sanpaolo Private Banking, and 1875 Finance, a multi-family office and independent asset manager based in Geneva dedicated to private clients, through which REYL & Cie acquires a 40% stake in 1875 Finance.
This partnership will create transversal revenue and development opportunities for both REYL & Cie and 1875 Finance. Both companies intend to play an active role in accelerating the consolidation process of the Swiss independent wealth management sector, offering new growth prospects in the short and medium term.
The transaction enables REYL to strengthen its wealth management activities both in Switzerland and internationally, and to continue to play a meaningful role in the reshaping of the Swiss financial marketplace. It will also reinforce 1875 Finance’s position as a leading player in the Swiss multi-custodian independent wealth management segment.
Clients of 1875 Finance will benefit directly from REYL's Corporate Finance team, whose expertise notably covers the specialised areas of mergers and acquisitions, structured financing, and equity and debt capital market transactions, as well as art financing.
Co-founders Olivier Bizon, Paul Kohler, Aksel Azrac and Jacques-Antoine Ormond jointly retain control of 60% of 1875 Finance and remain fully committed to its long-term development.