Swiss news portal Finews.ch recently reported about the launch of a new multi family office in Basel: Ex-private-banker Mathis Büttiker is the founder of the new “BTK21” family office.
Foundation of new multi family office follows La Roche-Notenstein acquisition
In 2018, Swiss bank Vontobel acquired private bank La Roche-Notenstein for CHF 700M. At this point, the private bank had CHF 16BN assets under management. Three partners of La-Roche were hired by the Basel-based bank E. Gutzwiller. Mathis Büttiker – another partner and shareholder – is now working on the launch of his own multi family office “BTK21”. The name BTK is based on Büttiker’s name. The new multi family office with just a few employees will be focused on law, tax and wealth consulting for high net worth families.
First customers for Basel-based “BTK21”
Büttiker already managed to acquire the first customers through his own network. The new family office will be targeting entrepreneurial families from the Basel area. The ex-private banker calls himself as “Consigliere”. It means that he and his firm want to serve as independent advisor for wealthy families. Büttiker wants to fully launch the new family office in 2020. So far, the company is already registered as BTK21 AG, but – for example – the website is still under construction. BTK will complement other already existing family offices in Basel, like Univest or ATAG.
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