Banque Transatlantique expands its US investment advisory activities

Published on 23/05/2019

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Crédit Mutuel Alliance Fédérale

Banque Transatlantique’s subsidiary Transatlantique Private Wealth (TPW) is opening a new office in Boston, headed up by Michael Audrain.

Banque Transatlantique is a private bank specialising in services for overseas French clients and in the management of executive shareholder plans. With operations in New York since 2014 and in San Francisco since 2017, Transatlantique Private Wealth is expanding its presence in the US as part of the international development strategy being implemented by Banque Transatlantique, an entity of the Crédit Mutuel Alliance Fédérale group. This is Banque Transatlantique group's thirteenth office overseas.

Its American subsidiary, TPW, specialises in investment advisory services and portfolio management for US-resident French and American clients. The assets managed by TPW may be held in France or the US, and may be in euros or US dollars.

In Boston, Transatlantique Private Wealth’s offering will target French entrepreneurs and executives in particular, as well as American investors looking to access European markets or to diversify their asset allocation.