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Matthias Knab, Opalesque: Swiss wealth manager Decisive Capital Management SA, also known as Decisive Wealth, has officially entered bankruptcy and liquidation proceedings.
Key Developments
- Bankruptcy Declared: By Geneva Civil Court
- Liquidators Appointed: Yasmine Sabeti Lange (Sabeti I Legal) and Nicolas Jeandin (Fontanet et Associes), contact email: contact@faillitedecisive.ch
Company Background & Decline
- Rapid Growth Then Collapse: Between 2016 and 2022, the firm expanded quickly, peaking at around 100 employees, and acquired Artorius Wealth's Swiss operations in Zurich in 2022, aiming for broader market reach.
- License Gaps: The company notably lacked a FINMA asset management license, operating without formal regulatory oversight.
- Operations Ceased: Public reports from early 2024 indicate the company's website and offices vanished; staff were dismissed, and its premises left vacated, suggesting a sudden collapse.
Background
Founded in 2016 by Elie Chamat, Decisive Capital Management rapidly grew to serve ultra-high-net-worth clients globally. The firm was known for co-investment strategies and a client-centric model. In 2022, it acquired the Swiss operations of Artorius Wealth to expand in Zurich. Positioned as a "next-generation wealth advisor," Decisive served ultra-high-net...................... To view our full article Click here
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