Private wealth manager Highmount Capital has opened an office in Zurich, the firm’s second office in Europe. The firm, a RIA with its U.S base in New York, noted in its announcement that this would help “broaden” its European multifamily office services.

Two new Highmount Capital partners, George Schlagmüller and Thomas von Rohr, will head the Zurich office. Both had been with Julius Baer Private Bank and had advised Highmount clients for eight years.

“They embody the client focus and entrepreneurial spirit of the Highmount culture, and further strengthen our transatlantic presence,” Highmount Partner Steven Hoch stated in the release. “We were thrilled to find another team who share and understand the Highmount commitment to providing trusted, independent financial services to individuals and families on a global scale.  They are off to a very strong start, adding significant client assets and investment capabilities.”

Schlagmüller had been with since 2000 but started his career there in 1987. In the interim, he was a portfolio manager and relationship manager at UBS, and a sales-trader at Goldman Sachs. Schlagmüller holds the federal diploma financial analyst and portfolio manager, and the Certified International Investment Analyst (CIIA) credential. He has an MBA from University of Geneva and an executive MBA from Carnegie Mellon University.

A relationship manager at Julius Baer Private Bank since 2005, von Rohr was an equity analyst at Julius Baer Private Bank in Zurich and New York from 1999 to 2005. Before joining Julius Baer Private Bank, von Rohr wasa securities trader at Banca Commerciale Italiana. von Rohr studied Economics and Business Administration at the University of Applied Sciences in Olten, Switzerland. He completed the of the Swiss Banking School’s executive program, is a Certified International Investment Analyst (CIIA) and holds the federal diploma financial analyst and portfolio manager.

Highmount was founded in 2002, as the private banking and investment “landscape” shifted, according to its web site. “The resulting turnover and emphasis on marketing proprietary products compelled many people to seek alternatives.”  The firm also has offices in Amsterdam and Boston.