Yves Mirabaud is an asset management and financial advisory firm that sat down with Finews to discuss the future of wealth management and the outlook for 2020. He is a partner of Mirabaud, a financial management firm. The firm is based in Geneva, Switzerland. They have offices in Paris, London, New York, and Hong Kong. Yves Mirabaud was founded in 1945 by Yves Mirabaud and his son Marc. The company has over 170 employees, including 98 financial advisors, and they manage over $21 billion worth of assets.
Yves Mirabaud speaks on the wealth management landscape in the five coming years. He states that it will be more diversified, and clients will expect more from their managers. The industry’s rules, regulations, and culture will continue to evolve with the emergence of new types of managers, such as private banks or wealth funds. We anticipate continued growth in the development of technological solutions for managing money and assets and greater use of information systems to support decision-making for clients. Finally, we also see a growing need for better protection and security measures beyond traditional bank vaults.
Yves Mirabaud thoughts on blockchain technology are that it is certainly something that we could use to develop new products or services. It’s important to remember that it’s not just about cryptocurrencies anymore, but an entire range of different applications. We are closely following developments in this area.
He claims that the Swiss banking sector is one of the most stable and globally respected. Although Switzerland has had to overcome some challenges, such as the recent UBS tax evasion scandal, it is still a country with very high levels of trust and integrity. He believes that there are opportunities for banks to continue to develop their businesses here in Switzerland, even though some clients have moved their assets elsewhere over the past few years. Refer to this article to learn more.
Find more information about Mirabaud on https://www.mirabaud-libre-passage.com/de/freizuegigkeitsstiftung/governance