Press release
Paris, November 2, 2021
The Exco network, one of France's top 10 audit, accounting and advisory networks, has officially launched its wealth management arm under the Exco Gestion Privée brand.
Alliance with industry professionals speeds up implementation
"We want to create a nationally recognized brand, Exco Gestion Privée, and at the same time be assured of impeccable service. Groupe ID and Patrimum Groupe are recognized players, and their operational involvement in our regional Exco Gestion Privée structures guarantees that we can maintain a high level of customer satisfaction". This wealth management service completes the effective launch in 2021 of Exco Finance et Transaction, which will handle sales, acquisitions, financing and transfers, again as part of an alliance strategy with a partner, the merchant bank Financière de Courcelles.
This generation of new services at Exco is part of a strategy to diversify into the consulting business, based on three strong pillars: operational consulting, M&A and wealth management. Our multi-disciplinary and complementary services are part of a global approach that places our relationship with entrepreneurs on a long-term footing. With Exco Gestion Privée, we provide a response to a need expressed by our clients, which is facilitated by our knowledge of companies and their life cycles". In our core business of wealth strategy, it's essential to work across professional boundaries", explains Thibaut Marty, Managing Partner of Patrimum Groupe, "We felt the same sensitivity to local needs and the same high standards of long-term customer support as we do at Exco. The way we approach tailor-made solutions for each customer is the same within the network, so this partnership came about naturally".
"There are synergies in our ways of doing things, in our development and vision of things, which support this type of strategic partnership, with a player who resembles us such as Exco, for reasoned growth, and in line with our objective of having a national dimension" For Groupe ID, this partnership is an historic evidence: "It was a desire for us from the outset to work with Exco. We're very familiar with their way of working, they're very close to their customers, with a strong regional and local network," says Renaud Rolain, Managing Partner of Groupe ID. "By working together, we can offer our customers a complete range of services, a 360° vision of their situation, with advice validated by both sides, to provide better support for managers, for their business and their personal situation."
Exco Gestion Privée offers :
Exco Gestion Privée covers the full range of wealth strategy missions for senior executives, providing tailor-made, long-term support:Wealth engineering (audit, real estate, transmission, taxation, organization, choices...)Personal and professional financial managementAccounting, tax and legal management of wealth structuresWealth tax reportingChoice of social status for senior executives and optimization, retirement perspective
About the Exco network
With sales of 195 million euros and a presence throughout France and abroad, the Exco network is one of the top 10 multi-disciplinary networks in France. Founded in 2002 and chaired by Bruno Geeraert, this audit, accounting and consulting network employs over 2,600 people in 140 Exco offices in 18 countries. Backed by its local offices, Exco helps its customers to manage their businesses in terms of financial, legal and social issues on a regional and national scale. Exco is a member of Kreston International, a global network present in 100 countries.
About Patrimum Groupe
Founded in 2004, Patrimum Groupe is a wealth strategy consulting firm for entrepreneurs and the self-employed. Patrimum's DNA is a shared vision of the wealth management advisory profession. Our partners and associates are experts in their fields, and work with complete independence and transparency. The Group's approach is based on a global, efficient and tailor-made vision of its customers' wealth, based on a Patrimonial Audit. The Group's experts analyze the customer's approach in all its dimensions, placing the individual's interests at the heart of a lasting relationship based on trust. The financial business currently represents €750 million in assets under management.
About ID Group
Founded in July 2004, Groupe ID is an independent wealth management group with offices in La Rochelle, Bordeaux, Aix-en-Provence, Paris and Toulouse, and 36 employees including 8 partners. Groupe ID assists its customers at every stage of their lives to create, develop and pass on their wealth, based on a personalized wealth strategy tailored to the specific needs of each customer. The ID Group's experts are equally at home in the fields of finance, real estate and personal protection, as they are in retirement and taxation for individuals and companies. The assets under management of the Group's 3,500 clients total some €260 million.
