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Belvédère Asset Management
Thérèse Lucienne Meier established Belvédère in 2001 in Glarus, with the Marxer family anchoring the firm through the Marxer Stiftung. It operates as a...
Belvédère Asset Management
Thérèse Lucienne Meier established Belvédère in 2001 in Glarus, with the Marxer family anchoring the firm through the Marxer Stiftung. It operates as a FINMA-regulated asset manager serving Swiss and DACH-region families across asset management, estate structuring, and succession planning. In 2022 Luzerner Kantonalbank acquired a 26.8% minority interest, adding institutional ballast without altering the firm’s independent partnership and client-service model. The firm manages assets across listed securities, real estate, private credit, and art. Its Swiss real estate mandates span mixed-use properties, while the Belvédère Fonds Asia Pacific+ extends reach into regional public equity. Confirmed specialist coverage includes luxury, collectibles, and passion assets — a category served by an in-house art desk under Michael Ziegert that runs the Belvédère Kunstfenster exhibition series on Bellerivestrasse in Zurich. Investment strategy is implemented by a team led by Giorgio Saraco, supported by deputy Benny Mullis, and targets direct mandates for family clients rather than third-party fund products. The senior partnership includes Thomas Fischli (executive partner, head of clients), Giorgio Saraco (head of asset management), and Stephanie Williams (head of finance and controlling). Chairman Martin Landolt and vice chairman Florian Marxer oversee governance, while the partnership extends to client-team leads in Glarus and Zurich. July 2022: Belvédère joined the UN Global Compact, formalizing its ESG commitment alongside its Swiss Association of Asset Managers membership. The firm also sponsors Swiss ski racers Gino and Mauro Caviezel. The structural distinction is the embedded art operation — most multi-family offices rely on external advisors for collectibles, but Belvédère employs a full-time senior art advisor and runs its own gallery-like exhibition series. This lets the firm consolidate financial and passion assets under one mandate, a differentiator for families whose balance sheets include significant art holdings.
General information
Firm type
Multi Family Office
Year founded
2001
Location
Region
Europe
Country
Switzerland
City
Glarus
Corporate office
Hauptstrasse 45 CH-8750 Glarus
Principals
Thomas Fischli
Geschäftsführender Teilhaber, Leiter Kundenbetreuung
Giorgio Saraco
Teilhaber, Leiter Vermögensverwaltung
Stephanie Williams
Mitglied der Geschäftsleitung, Leiterin Operations
Martin Landolt
Präsident des Verwaltungsrats
Florian Marxer
Vizepräsident des Verwaltungsrats
Michael Ziegert
Leiter Kunst
Altss tracks 2 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.
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Frequently asked questions
Who runs investment decisions at Belvédère Asset Management?
Florian Marxer serves as Chairman of the Board of Directors. Martin Scholl sits on the board and has executed personal investments in venture platforms. Thérèse Lucienne Meier founded the firm and led operations through earlier mergers.
How does Belvédère Asset Management source proprietary deal flow?
The firm leverages relationships with Swiss cantonal banks and family networks. Board members participate directly in transactions such as the Verve Ventures Series C. Strategic partnerships with Luzerner Kantonalbank provide additional origination channels.
Is Belvédère Asset Management structured as a single family office or does it operate more like a venture firm?
It functions as a multi-family office serving multiple DACH clients. The firm maintains a regulated asset manager license and offers estate and art services alongside portfolio management. It does not operate dedicated venture funds.
Does Belvédère Asset Management participate in fund commitments or only direct deals?
Activity centers on direct investments and strategic stakes. Examples include the 2022 Fundamenta transaction and the 2024 Swiss Prime Site share receipt. No external fund commitments appear in disclosed records.
What investment stages does Belvédère Asset Management typically target?
The firm focuses on established real estate mandates and collectibles. It has executed Series C participation through a board member and maintains absolute-return strategies in Asia-Pacific markets. Early-stage venture exposure remains limited to indicated interests.
Where does the underlying wealth come from?
Anchor ownership traces to the Marxer family through the Marxer Stiftung. The family previously held interests in Centrum Bank and real estate asset management businesses. Proceeds from those sales were redeployed into Belvédère and related holdings.
Does Belvédère Asset Management maintain philanthropic structures, and how are they separated?
The Marxer Stiftung für Bank- und Unternehmenswerte supports cultural and social initiatives in the DACH region. Client mandates remain separate from foundation activities. The structure preserves regulatory independence for the asset management entity.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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