Vontobel acquires Swiss firm’s US private client portfolio

Swiss financial services firm Vontobel has acquired the US-based private client portfolio from Lombard Odier for an undisclosed fee. The clients will be served by its wholly-owned, US Securities and Exchange Commission -registered subsidiary Vontobel Swiss Wealth Advisors. More than CHF730m (£559m, $730m, €632m) of assets under management have been…