Multi-family office model suits Asia: Julius Baer

Earlier this year, Grégoire Imfeld, senior relationship manager for family offices at Swiss private bank Pictet, argued that multi-family offices are unlikely to gain as much traction as their single-family counterparts in Asia. The Geneva-based executive cited a number of reasons for this, such as concerns over confidentiality, centralising of data and high staff turnover in the region’s wealth management sector. But Dave Reymond, Asia head of independent asset managers at riva…