The strategy focuses on steady expansion despite a fluctuating market environment. As of late 2025, the group reported 31.7 billion Swiss francs in assets under management, a marginal decline from the previous year’s 32.3 billion. Bates attributed this shift to strategic exits from non-core assets to sharpen the firm’s focus on its primary wealth management targets. While the UK’s shift in tax policy regarding non-domiciled residents has dominated industry headlines, Bates noted that the bank’s operating model—which utilizes a Luxembourg platform for booking UK client assets—has effectively insulated its service delivery from recent relocation trends.
Mirabaud UK Targets Organic Growth Amid Talent Battle
Stuart Bates, CEO of Mirabaud Wealth Management’s UK arm, plans to scale the firm’s local presence through deliberate, selective hiring rather than acquisitions. The Geneva-headquartered bank, which has operated in London since 1990, aims to add two to three relationship managers annually to preserve its collaborative, flat-structured culture.
Technological transformation represents the other pillar of the firm's current agenda. The bank is mid-way through a comprehensive overhaul of its core and ancillary systems, with artificial intelligence integrated to automate administrative burdens. According to Bates, this digitisation is intended to free advisors to focus on behavioral finance and the nuances of intergenerational wealth transfer. Despite the push for modernization, he maintained that the firm’s core value proposition remains anchored in human trust and the psychological support required to help clients navigate geopolitical volatility.
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