Rothschild & Co Wealth Management Switzerland acquires Zurich-headquartered Swiss advisory firm Tenalis AG

The acquisition expands Rothschild & Co's portfolio of services for Swiss Wealth Management clients across succession planning, taxation services and real estate consulting. The existing management of Tenalis AG remains in place.

Rothschild & Co is delighted to announce that its Swiss Wealth Management business, Rothschild & Co Bank AG, has acquired Zurich-based Tenalis AG.

Tenalis AG is an independent Swiss advisory firm based in Zurich, specialising in inheritance law and related legal areas. It focuses on succession planning, the execution of wills, estate divisions, advance care directives, as well as real estate and taxation, and serves Swiss clients. Tenalis AG continues to be an independent subsidiary of Rothschild & Co Bank AG. The founder and former CEO of Tenalis AG, Jacqueline Schwarz Mattes, will continue to lead the company as Managing Director. The Tenalis brand and current employees are being retained, ensuring continuity.

Laurent Gagnebin, CEO of Rothschild & Co’s Wealth Management business in Switzerland, says: "This acquisition will enable us to provide even more comprehensive advice to our clients and better position us in this growth field. Comprehensive and early retirement and succession planning is an excellent fit with our investment approach, which is always geared towards the long term. We are confident that this expansion of our Wealth Management offering perfectly supports our growth ambitions in Switzerland.”

Andreas Feller, Head of Private Banking Zurich at Rothschild & Co’s Wealth Management business in Switzerland, adds: "Tenalis AG has a strong foothold in the Swiss domestic market and has built an outstanding name over the years. Its expertise and reputation complement our strengths and I look forward to working to open up new opportunities for sustainable growth.”

Jacqueline Schwarz-Mattes, founder and Managing Director of Tenalis AG, states: “The Tenalis AG team is very much looking forward to the future collaboration with Rothschild & Co Bank AG and to supporting its clients. As an independent subsidiary, we will remain autonomous and to focus specifically on our areas of expertise, which we will continue to develop. This partnership creates real added value — both for our existing clients and for Rothschild & Co’s Swiss Wealth Management clients. We are excited about the future together.”

Demand for succession and wealth planning solutions in Switzerland is rising sharply, with over CHF 90 bn assets a year passing from one generation to the next, creating growth potential. Rothschild & Co’s Swiss Wealth Management business has successfully provided pension solutions tailored to the wealth management and private banking industry since 2022 and the addition of Tenalis AG’s expertise in succession planning and tax consulting continue to strengthen our offering.

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For further information:

Media Contact: Switzerland
Kilian Borter
Tel: +41 (0)44 295 90 73
kilian.borter@open-up.ch

About Rothschild & Co, Wealth and Asset Management

Rothschild & Co is family-controlled and independent and has been at the centre of the world’s financial markets for over 200 years. With a team of c.4,600 talented financial services specialists on the ground in over 40 countries, Rothschild & Co’s integrated global network of trusted professionals provide in-depth market intelligence and effective long-term solutions for our clients in Global Advisory, Wealth & Asset Management, and Five Arrows, its alternative assets arm.

Wealth Management offers its clients an objective long-term perspective on investing, structuring and safeguarding assets, to help them preserve and grow their wealth. Asset Management offers innovative investment solutions in a variety of asset classes, designed around the needs of each and every client. We serve a diverse client base from our offices in France (Paris, Marseille, Lyon, Bordeaux, Toulouse, Aix-en-Provence), United Kingdom and Channel Islands (London, Guernsey, Manchester, Birmingham, Leeds), Switzerland (Zurich, Geneva), Germany (Frankfurt, Düsseldorf, Hamburg), Belgium (Brussels), Italy (Milan), Israel (Tel Aviv), United Arab Emirates (Dubai), Spain (Madrid), Luxembourg and Monaco. Wealth and Asset Management assets total some €124 billion.

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Rothschild & Co Wealth Management Switzerland acquires Zurich-headquartered Swiss advisory firm Tenalis AG (PDF).