New provider in the wealth management and financial planning sector:
KPMG Private to operate as Kendris private AG
Zurich, 31.03.2005
Effective April 1, 2005, KPMG Private will operate as Kendris private Ltd. Following a management buy-out (MBO), the former subsidiary of KPMG Switzerland will conduct its business independently. The shareholders consist of nine founding members and management staff. Kendris private Ltd. is the leading independent Swiss wealth management and financial planning firm. Dr Rudolf Roth, formerly chairman of KPMG Switzerland, was appointed chairman and CEO of the newly formed company.
With around 80 employees and numerous international partnerships,
Kendris private Ltd. is Switzerland?s leading bank-independent advisor
in the wealth management sector. The company aims to further expand its
services in the field of financial planning over the coming years.
?I am convinced that Kendris will successfully hold its ground as an
independent company due to the high quality of its employees?, says
Rudolf Roth. Through a cooperation with its former parent company KPMG
Switzerland, Kendris continues to have access to proven KPMG experts
worldwide.
Kendris? services to high-net-worth individuals (HNI),
either directly or via intermediaries such as private banks, firms of
lawyers or family offices, includes Trust and Corporate Administration,
Trusteeships and Directorships, Tax and Estate Planning, and Family
Office Services.
Kendris? roots reach back nearly 100 years to Fides
Treuhand-Gesellschaft, which was incorporated in Zurich in 1912. The
origin of the name Kendris goes back even further. It is deduced from
the Latin word ?candidus? (pure, white) and evokes such values as
?transparency? and ?independence?.
The MBO was implemented by nine
founding partners: Rudolf Roth (chairman and CEO), Adrian Escher
(deputy CEO), Roger Frick, Thomas Huber, Hans Rainer Künzle, St?ane
Masson, Andr?pörri, Jean-Pierre Wespi and Anne Z?Graggen. Further
management employees complete the circle of shareholders.
Kendris
private Ltd., which will continue to employ all former members of
staff, has its headquarters in Zurich and runs five branch offices in
Aarau, Basel, Geneva, Lausanne and Lucerne.
For further information please contact:
Dr Rudolf Roth
CEO, Kendris private Ltd.
phone +41 (0)58 450 52 51
e-mail