Switzerland Country Report 2013

Kendris structures wealth for generations

Discovery Reports

PUBLISHED : Wednesday, 03 April, 2013, 8:21pm
UPDATED : Friday, 24 May, 2013, 4:58pm

Asia's rapid wealth creation has been accompanied by a growing need to structure cross-border private and corporate wealth.

With a Swiss heritage in handling family office, trust, tax, legal, accounting and a whole suite of other family and corporate services, Kendris rises to the challenge with an additional distinguishing and important qualification - independence.

Being a service provider with no direct association with asset management and investment consulting companies, Kendris is committed to exclusively serving the long-term interests of its clients.

"The conflict of trustees with their own banking group cannot be professionally managed in the long run," says partner and CEO Adrian Escher. "A bank is a bank and a trustee is a trustee. They have different responsibilities."

Leveraging more than a century of experience, Kendris is a leading provider of family office, trust and fiduciary services. Its offerings also include national and international tax and legal advice, art management and accounting and outsourcing services for private and corporate clients.

With clients from 72 countries, Kendris ensures compliance, anticipates regulatory trends and brings transparency and cost effectiveness to its projects.

The company also provides through eKendris a comprehensive online accounting and reporting system suitable for entrepreneurs and investors who would like to have at all times and also when on the move access to financial information and data.

"We have no fixed products. We listen, understand, propose, implement and look after our customers," Escher says. "We provide open architecture solutions that grow with clients and families for generations."

Southeast Asia is an important growth market for Kendris and the company would like to bridge the region to Europe.

"A multicultural firm with good technical skills in the Swiss context is one thing. To understand what an Asian client requires and be able to translate them into an actual service, that is another skill," Escher says.