New Office
New Swiss Wealth Manager Takes Flight
The wealth manager was founded by François Savary and Cédric Mondada, two experts in Geneva's financial centre.
Genvil Wealth Management and Consulting, a new Swiss asset management company, was launched this week in Geneva.
Registered as a public limited company incorporated under Swiss law, Genvil is an independent asset management company dedicated to helping its clients manage their financial assets, based in Geneva.
François Savary and Cédric Mondada have experience in asset allocation, financial analysis and portfolio management for both Swiss and international clients, the firm said in a statement. Previously, Savary was at Geneva-based investment firm Prime Partners, where he was a partner and head of investments since early 2016. Prior to that, he was chief investment officer at the Geneva-based private bank Reyl. Mondada worked at Union Bancaire Privée (UBP) before joining Prime Partners.
After over seven years of collaboration as associates in Geneva, they decided to pool their shared expertise to create Genvil. Their goal is to offer an independent, personalised and high-quality service to their clients. Natalia Souto, a partner at Genvil, completes the team. She brings her skills in management assistance and client relations, acquired over the last two decades working with various financial institutions in Geneva, the firm added.
In June 2024, Genvil Wealth Management and Consulting was authorised by the Swiss Financial Market Supervisory Authority (FINMA) to conduct asset management activities. This approval demonstrates standards regarding compliance and service quality.
"Genvil SA is more than a business for us; it is the embodiment of our vision of asset management based on transparency and the alignment of interests with our clients,” Savary said.
"Genvil SA was created as part of our desire to offer a truly independent and personalised approach to asset management. We set up this company to offer our customers a local service, combining expertise and personalisation within a framework of total trust,” Mondada added.
