Top 50 IAM to merge with tech-focused wealth manager

Independent asset manager Pleion has announced a merger with technology-driven wealth management firm Finstoy, subject to Finma approval. Following the transaction, its parent, Probus Pleion, will have total assets under management of CHF 3bn and will gain an office in Lausanne. Nicolas Dénervaud and Florian Schefer, partners at Finstoy, will…