In selecting the best candidates in the category "Best private banks and wealth managers", the representatives of 123 banks and financial companies, endowed with an amount of $150 billion received from Russian clients, were interviewed. Independent Russian and international companies, which provide services of private wealth management: wealth management и family office, joined the ranks of the most effective management companies.
1. UFG Wealth Management.
Ranking scores: 78.
Year of foundation: 2005.
Head office: Moscow.
Management: Oksana Kuchura and Dmitry Klenov.
Offices abroad: Cyprus, Luxembourg.
Entry threshold: $10 million.
The UFG Wealth Management company represents itself as the first independent family office in Russia. It was founded in 2005 by Oksana Kuchura as a department of family assets management as a part of UFG Asset Management. In 2006, Dmitry Klenov responsible for legal support joined the company. Currently, $750 million of assets are managed by it.
2. Aton.
Ranking scores: 74.
Year of foundation: 1991.
Head office: Moscow.
Management: Andrey Zvezdochkin.
Offices abroad: Switzerland, Cyprus, Netherlands.
Entry threshold: $0,5 million.
Aton is an experienced Russian investment company. Its main activity is assets management. Another focus area – private wealth management - has been operating since 2009. Target clients, owners of the assets up to $20 million can consult on the organization of funds, international taxation and inheritance. By 2015, the amount of client assets exceeded $2 billion.
3. Oracle Capital Group / Third Rome.
Ranking scores: 63.
Year of foundation: 2002.
Head office: Luxemburg.
Management: Yuri Gantman.
Offices abroad: Switzerland, Great Britain, Cyprus, Bahamas.
Entry threshold: $1 million.
The multi-family office with Russian-Kazakh roots, which has a European board of directors, including the former Minister of the government Tony Blair, operates with clients from Russia and the CIS countries. In 2013, it merged with the Russian company "Third Rome" founded in 2009.
4. Ronin Partners.
Ranking scores: 44.
Year of foundation: 2008.
Head office: Moscow.
Management: Andrey Gaek.
Offices abroad: Cyprus.
Entry threshold: $1 million.
The group of companies was founded by the top managers of the NOMOS-BANK investment department and the ICT Group of billionare Alexander Nesis. Later, his share was bought by Andrey Gaek, the controlling shareholder. His company specializes in brokerage, bond strategies and direct investments and possesses $1.2 billion of funds from private clients.
5. General Invest.
Ranking scores: 40.
Year of foundation: 2009.
Head office: Moscow.
Management: Andrey Nikituk.
Offices abroad: Switzerland, Great Britain, Italy.
Entry threshold: is not disclosed.
The company's founder Vincenzo Trani came to Moscow in 2001, and in 8 years he established General Invest. The company provides private wealth management services, operates as a family office and a broker in international markets.
6. Arbat Capital.
Ranking scores: 28.
Year of foundation: 2007.
Head office: Moscow.
Management: Alexey Golubovich.
Offices abroad: Great Britain, Latvia.
Entry threshold: is not disclosed.
Arbat Capital has grown from a family office of Alexey Golubovich, the former Chief of the investment department of Menatep Bank and the Director of the Strategic Planning and Corporate Financing of the Yukos company. At the moment the focus area of the company is investment strategies for wealthy people and hedge funds in the markets of Europe, America and developing countries. The assets in consulting exceed $500 million.
7. Veles Capital.
Ranking scores: 18.
Year of foundation: 1995.
Head office: Moscow.
Management: Dmitry Bugaenko, Alexei Gnedovsky.
Offices abroad: Cyprus.
Entry threshold: $0,1 million.
Veles Capital is the oldest investment group in the Russian Federation. Its total assests are 21 billion rubles. The company is engaged in brokerage operations, organization of bill transactions and direct investments. The department of private wealth management has been operating since 2006. The company offers brokerage services, asset management, trust and fiduciary services to important clients with the assets ranging from $500,000 to $20 million.
8. Axioma Wealth Management.
Ranking scores: 16.
Year of foundation: 2009.
Head office: Zurich, Switzerland.
Management: Josef Meyer.
Offices abroad: Switzerland.
Entry threshold: is not disclosed.
The founder of Axioma Wealth Management began its activity in Russia in the 1990s. At that time, it started to provide services of consulting regional enterprises on the issues of export financing and asset management. Today the company directs private capital totalling approximately $500 million and offers services of the family office.
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