Private wealth manager Highmount Capital has opened an office in Zurich, the firm's second office in Europe. The firm, a registered investment advisor with its U.S base in New York, noted in its announcement that this will help "broaden" its European multifamily office services.
Two new Highmount Capital partners, George Schlagmüller and Thomas von Rohr, will head the Zurich office. Both had been with Julius Baer Private Bank and had advised Highmount clients for eight years.
"They embody the client focus and entrepreneurial spirit of the Highmount culture, and further strengthen our transatlantic presence," Highmount Partner Steven Hoch stated in the release. "We were thrilled to find another team who share and understand the Highmount commitment to providing trusted, independent financial services to individuals and families on a global scale. They are off to a very strong start, adding significant client assets and investment capabilities."