Novum Capital Partners has ventured into Zurich, marking a significant expansion of its independent multi-family office framework in Switzerland’s leading wealth management center.
The Geneva-based wealth manager, recently crowned “Best Wealth Manager in Switzerland” by Euromoney, aims to connect more closely with the German-speaking regions of Switzerland and engage with its vibrant community of entrepreneurial families. The new Zurich office officially opened its doors in early June and will initially be staffed by three dedicated professionals, including Sebastian Jeck, a former UBS banker who will spearhead the local operations as a Partner and member of the Executive Committee.
Founded in 2018 by Gabriele Gallotti, a former J.P. Morgan private banker, Novum Capital Partners has witnessed impressive growth, currently managing over 5 billion Swiss francs in assets. What sets Novum apart is its commitment to providing unbiased advice; the firm avoids retrocessions, never sells proprietary products, and embraces a stringent one-to-one client service model. Clients are charged only a management fee, a refreshing departure from traditional practices.
Sebastian Jeck with Founder Gabriele Gallotti. (Image: Courtesy)
“We offer personalized advisory services with bespoke solutions that extend far beyond conventional products,” Jeck explained. “Our clients enjoy unique access to institutional co-investments and benefit from our global expertise in tax structuring, succession planning, and alternative investments.” Notably, Novum is one of the few Swiss multi-family offices with a Finma license for local operations, complemented by an independently managed, U.S. SEC-registered entity, Envisage GmbH, which targets American clients—enhancing both compliance and global outreach.
When asked about the potential for acquisitions to boost the firm’s growth in Zurich, Jeck maintained a thoughtful perspective. “Our primary focus is on organic growth. We believe in expanding with quality—surrounding ourselves with advisors who align with our values. An acquisition would be contemplated only if it culturally and qualitatively suits us. Many firms operate under a different model, which simply doesn’t fit our vision.” Jeck’s confidence in Zurich and the broader German-speaking Swiss market is palpable. “We see vast potential here. Numerous entrepreneurial families crave a genuine alternative to the traditional banking model. With our specialized approach, we’re perfectly positioned to offer sustainable solutions for multi-generational wealth preservation.” The firm’s ambition is clear: to redefine the wealth management landscape in Switzerland and beyond, proving that financial security can be a delightful adventure.
What is Novum Capital Partners?
Novum Capital Partners is a Geneva-based wealth management firm specializing in independent multi-family office services, recently expanding to Zurich.
Who will lead the new Zurich office?
Sebastian Jeck, a former UBS banker and Partner at Novum, will lead the Zurich office as part of its strategic expansion into the German-speaking regions of Switzerland.
What is Novum’s approach to client service?
Novum Capital Partners prides itself on offering unbiased, personalized advice through a one-to-one service model, ensuring clients enjoy exclusive access to investment opportunities without the conflicts often seen in traditional banking.
