Wealth Management

What is a Family Office?

A set of clues suggests that their number has been growing recently: articles and books dedicated to them are published almost every week, associations representing them and specialized events ...

18 September 2016

A set of clues suggests that their number has been growing recently: articles and books dedicated to them are published almost every week, associations representing them and specialized events are popping up all around the world. However, family offices remain hard to delineate. For a good reason: these private firms are shaped to meet the specific needs of the family they serve. So it’s useless to look for a standard!

However, according to our Head of Family Offices & Institutional Coverage, Emile Salawi, they share a common purpose: to smoothly transfer the family’s wealth to the next generation. That’s why most of their resources are dedicated to strategic investment and asset management activities with a view to preserving capital.

A study by Campden research reveals that, in 2015, the average family office had 806 million USD in assets under management. Alternative investments, such as private equity and real estate, represent the main share – 49% – in this average portfolio.

Family offices can also manage legal matters, philanthropy, estate planning, household staff and more. Family Offices are always on the lookout for new investment ideas and themes, are often very keen to exchange views with peers and sometimes even invest together.

 

Wealth Management

WM University, a skills certification programme for Private Bankers

BNP Paribas (Suisse) SA reveals one of its strategic priorities: to be the reference in Wealth Management in terms of expertise and service quality for private clients. Faced with ever expanding ...

25 July 2016

BNP Paribas (Suisse) SA reveals one of its strategic priorities: to be the reference in Wealth Management in terms of expertise and service quality for private clients. Faced with ever expanding customer requirements in terms of expertise, and a financial market in constant evolution, the Wealth Management business line has decided to invest in the professional expertise of its Relationship Managers, and has launched the Wealth Management University, a skills certification programme for all of its private bankers. The initiative consists in a training course that will enable them to hone their private banking skills. This certification programme is perfectly in line with the technical skills objectives as determined by the new Swiss regulations, by the regulatory authorities (FINMA) and by the relevant professional bodies (SAB, FGPF). It includes standard training modules as well as locally specific modules. It consists of fourteen days of training over a seven month period. The contents of the training course and its examination procedures are subject to the approval of an external partner, locally selected and recognized: the ISFB, (l’Institut Supérieur de Formation Bancaire) who authenticates the entire certification process in place. At the end of the six training modules, employees must pass an “oral exam” before a jury composed of at least three people, one of whom will be a representative assigned to give ISFB validation. The latter will award those having successfully passed all the tests, the external reference certificate LSfin Readytm; these award winners will be able to carry the title of Certified Wealth Management Advisor. On 6th July, sixteen Relationship Managers already passed the test with flying colours and obtained certification. More than a hundred Relationship Managers are concerned by the programme and intend to obtain certification before the end of 2017.

Wealth Management

Euromoney Private Banking Awards : BNP Paribas Wealth Management ranked 5th Best global

Euromoney's Private Banking Awards: BNP Paribas Wealth Management ranked 5th "Best global Private bank" and honoured in 16 categories BNP Paribas Wealth Management received 16 recognitions ...

24 February 2016

PB 2016 Euromoney’s Private Banking Awards: BNP Paribas Wealth Management ranked 5th “Best global Private bank” and honoured in 16 categories BNP Paribas Wealth Management received 16 recognitions at the ceremony for the 2016 Private Banking Survey organised by Euromoney ranking “5th Best Global Private Banking Services Overall” and “Best Private Banking Services overall in France”. To know how BNP Paribas Wealth Management ranks locally please click here : PR_WM_Euromoney_240216  

Wealth Management

Double awards for BNP PARIBAS Wealth Management!

BNP PARIBAS WEALTH MANAGEMENT  WINS 2 AWARDS "BEST WEALTH PLANNING TEAM" & "FAMILY OFFICE OFFERING" AT THE WEALTHBRIEFING SWISS AWARDS 2016 Showcase 'best of breed' providers in the global ...

19 February 2016

BNPParibas_WPTBNPParibas_FOOBNP PARIBAS WEALTH MANAGEMENT  WINS 2 AWARDS “BEST WEALTH PLANNING TEAM” & “FAMILY OFFICE OFFERING” AT THE WEALTHBRIEFING SWISS AWARDS 2016
Showcase ‘best of breed’ providers in the global private banking, wealth management and trusted advisor communities, the awards were designed to recognise companies, teams and individuals which the prestigious panel of judges deemed to have ‘demonstrated innovation and excellence during 2015’.

Wealth Management

BNP Paribas Wealth Management 2016 Investment Strategy

BNP Paribas Wealth Management has identified ten 'Investment Themes' to guide investors in search of a stable income and those wishing to invest in more dynamic products or new ...

15 January 2016

BNP Paribas Wealth Management has identified ten ‘Investment Themes’ to guide investors in search of a stable income and those wishing to invest in more dynamic products or new developments. Please find more details in the press release hereafter : PR_Invest_WM_140116

Wealth Management

European markets continue to decline – Interview with Roger Keller

European markets continue to decline Interview with Roger Keller - Chief Investment Advisor BNP Paribas (Suisse) SA - in 'L'actualité des marchés' - RTS - Thursday, June 13, ...

13 June 2013

European markets continue to decline

Interview with Roger Keller – Chief Investment Advisor BNP Paribas (Suisse) SA – in ‘L’actualité des marchés’ – RTS – Thursday, June 13, 2013

Wealth Management

Soft landing and slight recovery at the end of the year according to Roger Keller, CIA BNP Paribas Wealth Management, reasonably optimistic in l’Agefi of May 16, 2013

In an interview with Nicolette de Joncaire in l'Agefi, Roger Keller, Chief Investment Advisor for Wealth Management at BNP Paribas (Suisse) SA, delivered his analysis of the markets. From ...

16 May 2013

Roger Keller - Chief Investment Advisor - Wealth Management - BNP Paribas (Suisse) SA

In an interview with Nicolette de Joncaire in l’Agefi, Roger Keller, Chief Investment Advisor for Wealth Management at BNP Paribas (Suisse) SA, delivered his analysis of the markets.

From automatic American budget cuts to austerity packages in Europe and metamorphoses of the BRIC economic models, it should be considered, at best, two lethargic quarters and should be expected a renewed dynamism only in the end of the year, estimated Roger Keller, CIA BNP Paribas Wealth Management Switzerland.

Read this article in French on the Agefi website.

Wealth Management

Read Roger Keller’s analysis on the equity markets

In an interview with Le Temps, Roger Keller, Chief Investment Advisor for Wealth Management at BNP Paribas (Suisse) SA, has given his analysis of the equity markets. Thus: "The latest ...

1 February 2013

Roger Keller - Chief Investment Advisor - Wealth Management - BNP Paribas (Suisse) SA In an interview with Le Temps, Roger Keller, Chief Investment Advisor for Wealth Management at BNP Paribas (Suisse) SA, has given his analysis of the equity markets. Thus: “The latest indicators published in the United States and also in other countries, point to an improvement in world growth.” As proof of this, Le Temps cites the increase in the American S&P 500 index, which passed the 1500-point mark last week. Another argument in favour of the increase continuing: “Most investors are still under-invested in shares. Their return will push the markets upwards.” Read the article on the Le Temps website.