Singapore-based multi-family office Wealth Management Alliance has appointed an industry veteran as managing partner.
Steve Knabl has joined Wealth Management Alliance (WMA) as a managing partner, according to a LinkedIn post. WMA is a Singapore-based multi-family office founded by ex-UBP Asia CEO Stephan Repkow.
«A big thank you to Stephan Repkow and the rest of the WMA team for giving me the opportunity to build and thrive in a strong and focused company that is committed to providing bespoke, high-quality solutions to clients,» Knabl said.
«From investment and structuring to advice on building robust businesses, we find creative solutions and work with a wide range of banks and financial institutions to offer a breadth of products and tailored solutions.»
Swiss-Asia Experience
Knabl was previously working at independent asset manager Swiss-Asia Financial Services for 16 years, most recently as its chief operating officer and managing partner.
Earlier this year, the Monetary Authority of Singapore imposed a penalty of S$2.5 million ($1.9 million) on Swiss-Asia over breaches of anti-money laundering and counter-financing of terrorism (AML/CFT) requirements. The regulator also issued a reprimand to Knabl as well as Swiss-Asia CEO Olivier Pascal Mivelaz for failing to discharge their duties and functions of ensuring compliance with the AML/CFT requirements.
