Credit Suisse veteran launches financial services firm in London

Mixing up “closed shop” sector, according to CEO

clock • 2 min read
Former Credit Suisse executive Leonardo Brummas Carvalho

Former Credit Suisse executive Leonardo Brummas Carvalho

Former Credit Suisse executive Leonardo Brummas Carvalho is launching Aquarius Financial in London’s Mayfair to target ultra-high-net-worth-individuals (UHNWIs) and institutional clients.

The firm will provide a range of wealth management and corporate services, including investment strategy and asset allocation, portfolio risk management and consolidation, and arrange asset financing, to be delivered in-house and in partnership with external parties. "Many people have been quick to write off the UK as an investment destination following Brexit, and after the coronavirus hit the country harder than any other major economy," said CEO Carvalho. "We believe that this view is incredibly short-sighted. Everything that made London one of the world's two most important financ...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Wealth Management

Brian Raven, Tavistock chief executive

Tavistock revenues jump 14% amid year of acquisitions

Bought LEBC research firm

clock 27 June 2022 • 1 min read
The largest revenue growth opportunity will be in the affluent and low high-net-worth client segments with more than $300k and less than $5m in wealth.

Wealth industry missing out on $230bn opportunity in lower HNW and affluent segments

Morgan Stanley and Oliver Wyman report

clock 10 June 2022 • 2 min read
Andrew Shepherd, CEO of Brooks Macdonald

Brooks Macdonald set to acquire Integrity Wealth Solutions

Funds under management of £250m

Elliot Gulliver-Needham
clock 23 May 2022 • 2 min read