Singapore wealth manager Marcuard Heritage hires a former UBS private banker with over 30 years of experience.
Marcuard Heritage (Singapore), a wealth management firm based in Singapore, hired Philipp Michel (pictured below) as the company's new managing director, finews.asia has learned.
He joins the firm with over 30 years of experience in the financial industry and has been in Asia for the past 23 years. He previously served as a senior client advisor (Executive Director) at UBS Singapore, specializing in catering to the needs of global ultra-high net worth (UHNW) and high net worth (HNW) clients.
Five Years in Hong Kong
Philipp Michel (Image: MH)
Before his time in Singapore, he spent five years at UBS Hong Kong, further bolstering his expertise and understanding of the Asian market. A spokesperson of Marcuard Heritage confirmed the move.
Marcuard Heritage in Singapore is a subsidiary of Marcuard Heritage Group, an international wealth management company founded in Switzerland in 2003. With over 5 billion francs ($5.5 billion) in assets under management, the group has established itself as a trusted partner for wealthy individuals globally.
Holistic Wealth Management
In addition to its presence in Switzerland and Singapore, the group also operates offices in Cyprus. Notably, the Marcuard Heritage Group extends its services through Alpinum Investment Management, its own institutional asset management company licensed by Swiss watchdog Finma. It offers fiduciary services through Marcuard Heritage Trust (Singapore).
With Philipp Michel's appointment as Managing Director, Marcuard Heritage in Singapore aims to strengthen its position further as a leading holistic wealth management services provider, the spokesperson added.
Clients Worldwide
Marcuard Heritage (Singapore) is a CMS-licensed Singapore-based wealth management firm that offers financial services to ultra-high-net-worth individuals and families. As part of the Marcuard Heritage Group, the firm provides personalized investment services, wealth planning, and asset management solutions to clients worldwide.
«Client-servicing is at the very heart of our platform. We offer dedicated veterans like Philipp Michel to continue doing their best, acting in the client's best interest with a truly independent approach,» Sinan Bodmer, CEO of Marcuard Heritage (Singapore) said to finews.asia.
