Former Credit Suisse veteran launches wealth management firm Aquarius Financial in London

Aquarius Financial, the new boutique financial services firm backed by Crescendo Group, today announces its London launch in a major vote of confidence for London and the wider UK economy.

Founded by ex-Credit Suisse executive, Leonardo Brummas Carvalho, who will also be the CEO, Aquarius promises to transform Financial Services for ultra-high net worth individuals (UHNWIs) by breaking up the industry’s “closed shop” to deliver massive value for both individuals and Institutional clients.

Aquarius provides a range of wealth management and corporate services using best-in-class technology and innovative solutions, combined with a commitment to proposing new industry standards for Financial Services. These services include investment strategy and asset allocation, portfolio risk management and consolidation, arranging asset financing and many more, delivered both as in-house services and in partnership with external partners.

Leveraging experience, networking, and economies of scale to give private clients access to prices and services typically enjoyed only by large institutions, Aquarius Financial delivers enhanced value also for financial institutions by providing them with access to a large and growing volume of unique, sophisticated, and fully qualified leads.

Aquarius is backed by Crescendo Group, the international investment boutique with headquarters in Geneva, known for its sophisticated and innovative products and services.

Jacques Diwan, CEO and Co-Founder of Crescendo Group, said, “We are delighted to partner with Leonardo and his team. Crescendo Group knows London very well, and we share Leonardo’s confidence in the UK’s growth prospects. Leonardo is the perfect person to lead this project; he brings almost a quarter of a century’s experience in the industry. He is passionate about harnessing new technologies and he is unconditionally committed to deliver an un-parallel attention to clients and the quality of service.

“Many people have been quick to write off the UK as an investment destination following Brexit, and after the coronavirus hit the country harder than any other major economy,” added Carvalho. “We believe that this view is incredibly short-sighted. Everything that made London one of the world’s two most important financial capitals remains: the infrastructure, rule of law, lifestyle, pool of talent, stable government, reasonable taxation, and time zone, as well as access to a huge concentration of high-net worth individuals.

“In many countries, including the UK, wealth management has been a closed shop only for few, with the banking sector suffering from a lack of transparency over the value it provides,” he continued. “We know there is just as much frustration within the industry as there is among its clientele and there is enormous demand to improve the value, accountability, and service delivered to its customers. Our strategy is simple: we seek to change people’s expectations about the value wealth managers should bring, and to change investment behaviours by delivering great opportunities and services to everyone, from clients to our industry partners. We all representing the financial industry need to contribute to regain the trust of the people”.

Aquarius Financial is currently opening their headquarters in London’s Mayfair, and plans to expand to other jurisdictions including Switzerland, Monaco, Dubai, and Singapore.