Julius Baer expands its presence in Italy with the opening of an office in Rome

Julius Baer, the leading Swiss private banking group, has opened a new office in Rome. It is the next step after the opening of its Milan office and further strengthens the presence of the Julius Baer Group in Italy. The focus of the new location, which will be headed by Andrea Torlonia, will be similar to the one in Milan, namely on providing investment advice and wealth management.

The opening of the Rome office marks another important step in the growth strategy of Julius Baer and reflects the Group’s firm commitment to the Italian market. The new location will enable Julius Baer to strengthen its ties with the Italian capital and to be closer to the investors from the centre and south of the country.

Fabrizio Rindi, Chairman of Julius Baer SIM, commented: “The Group is a model of unparalleled solidity within the international banking sector and boasts one of the highest core capital ratios in the world. We have one sole focus: to manage our clients’ assets. The Group firmly believes in the Italian market which it regards, within the European context, as one of the markets with the highest potential for growth in the wealth management industry.”

Gian Paolo Bardelli, CEO of Julius Baer SIM, explains: “We want to continue the Group’s expansion in Italy, providing consultancy services which are highly specialised and tailored to the clients’ needs. I believe it is impossible to offer an excellent service without the permanent presence of our relationship managers on site. The opening of our Rome office will allow us to be even closer to our clients, and to reinforce our bond with them.”

The head of the new Rome office will be Andrea Torlonia. He joins from Duemme Sgr (Banca Esperia), where he was head of institutional client management during the last eight years.

The new office is based at Via Ludovisi 35.