Leonteq partners with Bergos for structured products

On Monday, Leonteq announced a new partnership with the Zurich-based private bank Bergos to manufacture and distribute structured investment products. The collaboration involves a standardized white-labeling issuance model, where Bergos will use Leonteq's technology platform for pricing and trading its guaranteed structured products.

Bergos clients will gain from the extended offerings of structured investment products, while Leonteq has secured a distribution mandate, allowing it to tap into its extensive network of investors in Switzerland. The first Bergos guaranteed structured products are anticipated to be available through Leonteq's platform in the second half of 2024, pending regulatory approvals.

Alessandro Ricci, Head Investment Solutions at Leonteq, expressed enthusiasm about the partnership, highlighting the efficiency and speed that their innovative white-labeling model brings to Bergos's capability to offer customized structured products.

Dr. Peter Raskin, CEO and Partner of Bergos, emphasized the alignment of the partnership with the bank's commitment to adapt and enhance its offerings to meet client needs. He mentioned the advantage of leveraging Leonteq's expertise in trading complex option strategies while continuing to provide personalized advice and maintaining the stability and trust associated with a private bank.

Bergos, an independent Swiss private bank, specializes in private wealth management and emerged from the Berenberg Group in 2021 with a new shareholder base. With a history in the Swiss financial center spanning over three decades, Bergos offers wealth management and advisory services, focusing on a human-centered approach to banking. The bank operates from Zurich with an additional office in Geneva and employs over 130 staff. As of December 31, 2023, Bergos managed CHF 7.3 billion in client assets and reported a total capital ratio of 22.7%.

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Source: Investing.com