Goldman Sachs Asset Management has made a significant leadership change by appointing Patrik Zumstein as the new head of its Third Party Wealth business in Switzerland. With a long tenure at the firm since 1995, Zumstein brings extensive experience to this role.

Previously, he led the Swiss Third Party Wealth business and was responsible for developing and implementing strategic initiatives aimed at enhancing distribution partnerships. His transition comes from the Global Banking & Markets division, where he held the titles of Vice President since 2015 and Managing Director since 2017.

The Third Party Wealth division collaborates with leading asset managers worldwide to provide institutional investment solutions to private clients. This strategic focus is essential for maintaining strong partnerships and delivering value to clients.

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