Mirabaud's wealth management business took the lion's share of assets, accounting for three quarters, or SFr24.2 billion, of the total, while its asset management arm reached SFr8.5 billion. Mirabaud provided no figures for 2013 as a comparison but said results were in line with expectations.

“They reflect investments in our various business lines in Switzerland and abroad as we pursue our active growth strategy,” said Mirabaud Group's senior partner, Yves Mirabaud, in the results statement.

Mirabaud Group is the latest Swiss private financial entity to adhere to public disclosure requirements of a limited liability model. Swiss private banks Pictet and Lombard Odier recently divulged their full-year financial results for the first time.

Serving somewhat as a guide for year-on-year performance, Mirabaud's half-year results statement, published in August, posted SFr26 billion in managed or administered assets during the first six months of 2013.

The group generated an operating profit of SFr40.796 million over 2014 while consolidated net income was SFr32.2 million. Its tier one capital ratio stands at 21 per cent.

It was a busy year for the group, during which it won licences in France and Spain for branches of its Luxembourg-based entity, Mirabaud & Cie. Meanwhile, it expanded teams in Switzerland, the UK, Spain and Dubai.

Mirabaud addressed the Swiss National Bank's decision to axe the cap on the Swiss franc/euro rate, which sent shockwaves through the country's financial industry in January.

“Although the Swiss National Bank’s decisions to abandon its exchange-rate floor and adopt negative interest rates are affecting Switzerland as a financial centre, Mirabaud Group intends to maintain its long-term strategy, capitalise on its investments and strengthen its structure in order to continue providing an excellent service to its clients,” the company said.