(Boursier.com) — ANDESIA joins the CYRUS Group, thus consolidating its position as the independent leader in private wealth management in France.
ANDESIA is a group of two firms, founded in 2004 and 2005, which support families and entrepreneurs at every stage of their life through a proven methodology and excellent know-how in wealth advice. In order to support the strong development of their firm and in the interest of their clients, Bruno Becuwe and Michaël de Saint Léon, the partners, wanted to work with a benchmark player in wealth management consulting.
The ANDESIA firm manages 230 million euros in assets on behalf of 140 families. The merger project between ANDESIA and the CYRUS Group is part of the common desire to strengthen the positioning of the CYRUS Group in the Private Wealth Management business. ANDESIA’s clients will thus benefit from the complementary expertise of the CYRUS Group while preserving the quality of the close relationship with their usual advisers.
Bruno Becuwe and Michaël de Saint Léon will join the CYRUS Group as partners to participate in the development of the new entity.
Since the arrival of Bridgepoint Development Capital alongside its management team in 2020, the CYRUS Group has acquired a total of €4.2 billion in assets.
For Bruno Becuwe and Michaël de Saint Léon: “This merger, the result of careful consideration, is a very promising new impetus. We are convinced that we have chosen the right actor. We share a passion for the profession and are driven by the same values. Strengthened by this common DNA, we want to continue to progress together to best serve the interests of our customers.”
Meyer Azogui, President of the CYRUS Group, explains: “This operation is part of our development strategy to create a reflex brand in private management. It is, once again, a human encounter with professionals who share our values and our high standards. I am delighted to welcome them to Cyrus.”