Heritage purchases majority stake in Meridian Wealth Management
Geneva headquartered Banque Heritage has purchased a majority stake in Swiss boutique Meridian Wealth Management based in Lausanne.
Financial details of the transaction have not been disclosed.
Established in 2013, Meridian Wealth Management has CHF80m (€72m) of assets under management.
In November 2015, Banque Heritage purchased a book of portfolio business from Banque Hottinger & Cie.