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Portrait

suitable investment decisions to be made with Wealth Partners is an independent group. What we costs that we perceive to two foundations: the
complete independence. want is to be much closer to our clients – at their Jacques Rougerie Foundation which focuses on
The question of fees is also one of the priorities service and not at the service of an institution. finding solutions to the effects caused by the rise
in customer relations for PLEION Monaco. “A We have been moving towards breaking with the of the oceans; and to the Monaco Red Cross.”
trusting relationship starts with clarity over fees. traditional model, starting from scratch and re- Stéphane Desvernay is quick to point out, “PLEION
There are no kick-backs and no hidden costs. thinking this aspect. The foundations are already Wealth Partners Monaco wishes to support these
Clients know what they are paying for, why they in place – but in the long-term, we will always institutions in their social activities but without
are paying it and to whom.” The company’s be measured by our performance and service.” betraying the contract of trust we have with our
ambition is to make its mark and think outside This on-trend phenomenon is a growing one and, investors – and that contract is to deliver the
the box with new ideas: “We also make sure whilst PLEION Wealth Partners are not the only best possible performance. Therefore, we are
there is no conflict of interest. Clients don’t group implanting this new approach, it does not convinced that investments combining equities
want to see their portfolios made up of products matter: the group fully intends to carve itself a and ESGs is one of the most promising choices
from a partial selection; they want conviction, choice niche. in the long-term.”
independence and smart choices for maximum “Finance is a world in perpetual evolution. Every
performance.” day something new happens. We currently have “Supporting sustainable finance in the
international coverage, with bases in Switzerland, Principality”
“We have already laid the foundations” Luxembourg and Mauritius. Up to now, I don’t The group is very ambitious but remain patient
The operation of a company like PLEION remains think any other company has taken things as far – going step by step – with numerous projects
highly codified to ensure maximum protection for as us in terms of the issues that are important and fixed objectives. “We would like to increase
the investor “We are approved by the Financial to clients and this is why we are constantly our asset management and make it so that our
Activities Control Commission (CCAF). We innovating always thinking up ways to go further... development occurs first and foremost through
implement this regulation We are one of the rare client recommendations. We would also like
in several areas: the “We are constantly companies in Monaco in to continue working hand in hand with the
order reception and our sector to have signed Principality in shaping the future of finance.”
transmission service; innovating always the UN’s Principles for Created nearly three years ago, PLEION Monaco
investment advice; and Responsible Investment. has also already had the privilege of being part
delegated management. thinking up ways At the same time, the of the Sustainable Finance work group, led by
We can also manage so- 1 0 0 % LYSI S ESG government Minister of Finance and Economy,
called foreign law funds.” to go further.” THEMATICS equity fund Mr Jean Castellini. “We consider this opportunity
So, what is so innovative that we launched is not an honour. It is a chance to contribute and to be a
about this concept? And, in particular, what only the first ESG-labeled fund managed from positive point of contact for other players in the
differences can be highlighted compared to other Monaco, it also has an S share, for Solidarity, Principality. We want to ensure that Monaco is a
usual financial players, such as banks? “PLEION where we redistribute half of the management flag-ship for sustainable and profitable finance.”

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