Evertern Wealth, the independent multi-family office launched in April by former UBS advisors Jason Stephens and Mic Lundon, has formed a strategic alliance with Vontobel Swiss Financial Advisers, a subsidiary of Vontobel Holding. The partnership grants Evertern's ultra-high-net-worth clients direct access to Swiss banking, custody services, and allocated physical gold storage, as the firm builds out its cross-border wealth management platform.
Vontobel Holding, founded in 1924 and headquartered in Zurich, reports approximately $304 billion in assets under management. Its U.S.-focused subsidiary, Vontobel SFA, positions itself as the leading Swiss wealth manager for American clients seeking international diversification. Under the agreement, Evertern clients gain multi-currency banking, foreign currency management, and international investment access, complementing the firm's existing custody arrangement with Goldman Sachs Custody Solutions.
Stephens, who previously worked at UBS for nearly two decades alongside Lundon, noted that the alliance reflects a commitment to independent advice while connecting clients with top-tier global institutions. The firm's open-architecture custody model already provides institutional-grade U.S. access; the Vontobel relationship extends that reach to Swiss banking and physical gold storage across multiple jurisdictions.
Evertern Wealth was launched after Stephens and Lundon departed UBS, where they oversaw roughly $2.4 billion in client assets. Their move is part of a broader trend of veteran advisors leaving wirehouses to establish independent practices, seeking greater flexibility in serving high-net-worth clients. The firm targets entrepreneurs, business owners, executives, and multigenerational families with cross-border wealth planning needs.
The family office sector continues to expand, with private wealth intelligence platform FINTRX adding 119 family office profiles to its database in the first quarter of 2026, bringing total coverage to 4,503 firms worldwide. Single-family offices accounted for 63% of new additions, while multi-family offices like Evertern made up 37%. North America contributed 49 of the new profiles, with the western United States—particularly California and neighboring states—hosting 28 of the 57 newly identified American firms, a concentration tied to technology and entrepreneurial wealth creation.
Among new single-family offices, 57% were founder-led, while 40% served multigenerational families. The data underscores the growing demand for sophisticated wealth management structures as entrepreneurial wealth proliferates. Evertern's partnership with Vontobel positions it to capture a share of this expanding market by offering international banking and custody solutions that appeal to globally minded clients.
For advisors considering similar moves, the alliance highlights the value of integrating international capabilities into independent platforms. As Corient's acquisition of Letus Private Office demonstrates, cross-border wealth management is a key growth area for RIAs and family offices. Evertern's approach—combining Dynasty Financial Partners' infrastructure with Vontobel's Swiss banking expertise—offers a template for breakaway teams seeking to serve ultra-wealthy clients with global interests.
