Swiss Life, Switzerland’s leading provider of complete life and pensions and financial solutions, has announced the acquisition of two Wealth, a Swiss consulting company for asset management. This move aligns with Swiss Life’s strategy to expand its offerings and strengthen its position in the market.
Key Points of the Acquisition:
Table of Contents
- Founding and Growth:
– Two Wealth was founded in 2014 by Klaus Wellershoff and Patrick Müller.
– The company specializes in asset management and offers an open platform that connects over 500 banks, asset, and wealth managers.- As of now, Two Wealth manages Assets Under Control (AUC) of around CHF 3.5 billion.
- continuity and Leadership:
– the acquisition ensures that both the offer and the brand of two Wealth will continue unchanged.- Klaus Wellershoff, a co-founder, will remain on the Board of Directors of Two Wealth.- Patrick Müller, the other co-founder and managing director, will continue to lead the company and will report directly to Roman Stein, the CEO of Swiss Life Switzerland. Müller will also take a seat in the relevant sales bodies of Swiss Life Switzerland.
- Roman Stein will become the President of the Board of Directors of Two Wealth.
- Immediate Effect:
– The takeover is effective instantly, even though the purchase price has not been disclosed.
Additional Details:
- Swiss Life’s Market Position:
Swiss Life is trusted by 1.4 million private customers and over 40,000 companies with over 600,000 employees, leveraging over 160 years of experience in the industry [1[1[1[1].
- Investor Relations:
for more detailed financial reports and investor information, visit the Swiss Life Group’s investor relations page [2[2[2[2].
- Media Releases:
For the latest media releases and comprehensive archives, refer to the investor section of the swiss Life Group website [3[3[3[3].
This acquisition underscores Swiss life’s commitment to expanding its services and maintaining its leadership in the financial solutions market.
Swiss Life Expands Asset Management with Acquisition of Two Wealth
Swiss Life, Switzerland’s leading provider of complete life and pensions and financial solutions, has announced the acquisition of two Wealth, a Swiss consulting company for asset management. This strategic move aligns with Swiss Life’s goal to expand its offerings and strengthen its position in the financial market.
Interview with Financial Analyst Dr. Emily Thompson
We had the opportunity to speak with Dr. Emily Thompson, a renowned financial analyst and expert on the Swiss financial sector, about the recent acquisition by Swiss Life and its implications.
Founding and Growth
Senior Editor (SE):
Can you provide some insights into the background and growth of Two Wealth since its founding in 2014?
Dr. Emily Thompson (ET):
Certainly. Two Wealth was founded by Klaus Wellershoff and Patrick Müller in 2014 with a vision to offer a robust asset management platform. The company quickly established itself as a key player in the Swiss financial market, specializing in asset management and providing an open platform that connects over 500 banks, asset, and wealth managers. As of now,Two Wealth manages Assets Under Control (AUC) of around CHF 3.5 billion, which is a testament to its growth and reliability.
Continuity and Leadership
SE:
How does the acquisition impact the continuity and leadership of Two Wealth?
ET:
The acquisition ensures that both the offer and the brand of Two Wealth will continue unchanged.Klaus Wellershoff, a co-founder, will remain on the Board of Directors, and Patrick Müller, the other co-founder and managing director, will continue to lead the company. Müller will report directly to Roman Stein, the CEO of Swiss Life switzerland, and will also take a seat in the relevant sales bodies of Swiss life Switzerland. Roman Stein will become the President of the Board of Directors of Two Wealth, ensuring a seamless transition and continuity in leadership.
Immediate Effect
SE:
What are the immediate effects of this acquisition?
ET:
The takeover is effective immediately, even though the purchase price has not been disclosed. This move allows Swiss Life to integrate Two Wealth’s expertise and platform into its existing services, enhancing its asset management capabilities right away.
Swiss Life’s Market Position
SE:
How does this acquisition impact Swiss Life’s market position?
ET:
Swiss life is already a trusted entity by 1.4 million private customers and over 40,000 companies with over 600,000 employees,leveraging over 160 years of experience in the industry.This acquisition further solidifies its leadership in the financial solutions market by expanding its asset management services and strengthening its competitive edge.
Investor Relations
SE:
What information can investors expect to see regarding this acquisition?
ET:
Investors can visit the Swiss Life Group’s investor relations page for detailed financial reports and investor information. This includes updates on the integration of Two Wealth and its impact on Swiss Life’s financial performance.
Media Releases
SE:
Where can readers find the latest media releases and extensive archives related to this acquisition?
ET:
For the latest media releases and comprehensive archives, readers can refer to the investor section of the Swiss Life Group website.
Conclusion
This acquisition by Swiss Life underscores its commitment to expanding its services and maintaining its leadership in the financial solutions market. By integrating Two Wealth’s expertise and platform,Swiss Life is poised to offer even more comprehensive asset management solutions,further solidifying its position in the competitive financial landscape.
