Bank Vontobel is an international investment management firm with Swiss roots, providing investment services to private and institutional clients since 1924. Headquartered in
Zurich
Zurich (; ) is the list of cities in Switzerland, largest city in Switzerland and the capital of the canton of Zurich. It is in north-central Switzerland, at the northwestern tip of Lake Zurich. , the municipality had 448,664 inhabitants. The ...
, Switzerland, the firm is present across 28 locations world-wide.
Vontobel Holding AG shares are listed on the
SIX Swiss Exchange
SIX Swiss Exchange (formerly SWX Swiss Exchange), based in Zürich, is Switzerland's principal stock exchange (the other being BX Swiss). SIX Swiss Exchange also trades other security (finance), securities such as Swiss government bonds and deriv ...
and majority owned by the founding family.
Structure
Vontobel specializes in servicing Private Clients and Institutional Clients.
History
Friedrich Emil Haeberli founded the brokerage firm Haeberli & Cie 1924. After Haeberli's death Jakob Vontobel took over the brokerage firm 1936 and established the limited partnership J. Vontobel & Co. The son of Jakob Vontobel, Dr.
Hans Vontobel
Hans Jakob Vontobel (December 4, 1916 - January 3, 2016) was a Swiss private banker and philanthropist. He was the former president of Vontobel between 1984 and 1994 and honorary president until his death. He held approximately 20% of controlling ...
(1916–2016), joined the bank 1943. Jakob Vontobel's grandson, Hans-Dieter Vontobel, started working for the bank in 1972.
The Bank J. Vontobel & Co. was transformed into a limited liability company in 1983. Vontobel Holding AG was listed on the
Swiss Stock Exchange
SIX Swiss Exchange (formerly SWX Swiss Exchange), based in Zürich, is Switzerland's principal stock exchange (the other being BX Swiss). SIX Swiss Exchange also trades other securities such as Swiss government bonds and derivatives such as sto ...
in 1986, the introduction of the standard
registered share followed in 2001.
In 1984, Vontobel expanded into the US and founded Vontobel USA Inc. Other locations abroad followed later.
Raiffeisen Switzerland acquired a 12.5 percent stake in Vontobel Holding AG in 2004. The Vontobel family and the charitable Vontobel Foundation retained the majority of the share capital. In 2016 Vontobel strengthened its collaboration with Raiffeisen acquiring former Raiffeisen subsidiary Vescore AG. In 2009 Vontobel took over the Commerzbank (Schweiz) AG in Zurich.
Vontobel acquired a majority stake in TwentyFour Asset Management LLP in
London
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...
, completed in 2021, when Vontobel acquired the remaining 40%. In the same year Bank Finter was purchased, this was followed in 2018 by the takeover of Notenstein La Roche from
Raiffeisen Switzerland and in 2022 by the acquisition of the
UBS
UBS Group AG (stylized simply as UBS) is a multinational investment bank and financial services firm founded and based in Switzerland, with headquarters in both Zurich and Basel. It holds a strong foothold in all major financial centres as the ...
Swiss Financial Advisers. The acquisition of a significant minority stake in the private infrastructure manager Ancala Partners LLP, London, marks a milestone in delivering on the firm's strategy to enter
private markets
A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, raw materials and precious metals, which are known in the financial markets ...
.
Shareholder structure
The majority of the share capital is held by the Vontobel family and the Vontobel Foundation in the form of a pooling agreement. Two fourth-generation family members are represented on the Vontobel Board of Directors.
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See also
*
Twentyfour Income Fund, a large investment fund managed by Vontobel
References
{{Authority control
Financial services companies established in 1924
Companies listed on the SIX Swiss Exchange
Banks based in Zurich
Private banks
Swiss brands