Herez

Herez

Herez was founded in 1995 in Paris. The firm has built its practice around three integrated lines: discretionary portfolio management, broader wealth-management advisory, and family-office services. Its independence from large banking groups shapes its client proposition — families and entrepreneurs work directly with the investment team rather than through a layered private-banking distribution model. The firm's longevity, spanning nearly three decades, places it among the established independent wealth managers in the French market. The firm's investment approach rests on liquid-asset portfolio construction, drawing on global equities, fixed income, and diversified fund allocations. As an asset manager, Herez constructs concentrated portfolios tailored to individual family balance sheets rather than operating a single pooled fund. This direct-mandate structure gives each client family a distinct investment-policy statement and bespoke asset mix. Coverage spans European and North American developed markets, with tactical allocations to emerging markets and alternatives accessed primarily through external fund managers. The firm's posture emphasizes capital preservation alongside growth, a throughline in French private-wealth management where tax and estate-planning considerations often shape the investment perimeter. Herez operates from its sole office in Paris. Team size, total assets under management, and deployment figures are not publicly disclosed. The firm's deliberate opacity — common among independent French wealth managers that serve concentrated, long-tenure client bases — means that scale must be inferred from its thirty-year operational history and Paris headquarters. The firm has not announced launches of adjacent vehicles, philanthropic foundations, or specialized real-asset arms through public channels. In the absence of public reporting, its growth trajectory appears to come from organic client referrals rather than institutional fundraising cycles, a pattern typical of European multi-family offices that prioritize relationship density over asset-gathering. Herez's structural differentiator is its independence. Unlike many French wealth managers that operate as subsidiaries of bancassurance groups — a model where product shelves often steer clients toward in-house funds — Herez has no proprietary product factory. This open-architecture posture allows the firm to select external managers and strategies without a principal-agent conflict. The governance and succession structure is not publicly documented, which is itself a signal: the firm appears to be a closely held partnership where client relationships, not external capital, drive continuity.