Swiss wealth manager Lombard Odier is expanding its existing footprint in central Switzerland with the opening of an office in Zug.
The team will be led by Marco Arnold, who has worked in the banking sector for more than 30 years and was head of entrepreneurs and executives at Credit Suisse Zug for the last 15 years.
The bank said that Zug is a “key business location, with an increasing demand for bespoke wealth management services”. Clients in Zug will have access to Lombard Odier’s investment solutions and independent advice.
Gérard Felley, limited partner and head of Swiss and Francophone private client markets at Lombard Odier, said: “Switzerland is our home market, hence our desire to constantly strengthen our presence and grow our client base. We have continued to invest in the Swiss-German market in recent years, a strategic growth area for Lombard Odier.
“With the hiring of Marco Arnold and his team, and the opening of an office in Zug, we are well positioned to pursue our growth ambition and to best serve our clients’ interests.”