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Vontobel expands advisory coverage to Australia HNWIs, with new Zurich-based team

huGO-BildID: 30766902 epa03672654 The headquarters of the Swiss bank Vontobel in Zurich, Switzerland, 22 April 2013. According to media reports on 21 April 2013, German soccer club FC Bayern Munich, President, Uli Hoeness, who is under investigation for alleged tax evasion after a voluntary declaration, is alleged to have cash in Swiss bank Vontobel. EPA/STEFFEN SCHMIDT +++(c) dpa – Bildfunk+++

Vontobel Private Banking has extended its advisory and individual investment solution offerings to Australia’s high net worth segment, although the newly-assembled team will be based in Zurich. In media release release, the Swiss bank noted that Australia’s wealth management market has grown at an impressive rate of 5% over the past four years, and thus offers “excellent opportunities” for on-the-ground…

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