The firm has has brought an expert from the desk for independent wealth managers into its own ranks.

Switzerland’s Marcuard Heritage, which says it is enhancing its partner banking relationships, has appointed Sascha Steinmann to drive this process. Steinmann will also join the management team. 

Steinmann brings 20 years of experience in the field of independent wealth managers, Marcuard Heritage said in a statement this week. He has served in leadership roles at Julius Baer, LGT, and VP Bank, where he was closely involved in running and acquiring external asset managers. Most recently, he served as lead business development intermediaries at VP Bank.

“Banks are essential partners for independent asset managers. These partnerships need not only to be nurtured but also strategically developed further. With Sascha Steinmann, we have gained an expert with the ideal profile for this task,” Patrick Stauber, CEO of Marcuard Heritage, said. “We are confident that his experience and network will significantly contribute to the further development of our company.”

Marcuard Heritage, which was founded in 2003, has about 60 staff in Zurich, Singapore and Limassol.

In November, as reported here, the firm opened its new office in Abu Dhabi.