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11/26/2015

Flornoy & Associés Gestion announces the acquisition of Swiss wealth manager FINASMA

FINASMA is a Geneva-based independent investment manager that is part of the great tradition of Swiss wealth management. Its founder and current President, Mr Bernard Verbaet, comes from a family of former Belgian stockbrokers.

As of today, FINASMA becomes Flornoy & Associés Gestion - Geneva. In permanent connection to Paris, the Geneva office will retain its autonomy of management and client coverage.

This acquisition enables Flornoy & Associés Gestion to strengthen its position in the Swiss, Belgian and French markets and ignite its international expansion.

It also helps to strengthen the range of services with a reinforced team and the same investment philosophy: a patrimonial, personalized, active and long term approach.

The amount of assets under management is now close to 600 million euros.

Flornoy & Associés Gestion is an affiliate to NewAlpha AM through a minority equity participation.

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