Wealth engineering in the service of great ambitions
Independent wealth management advisory for a discerning private clientele. Open architecture, global vision, bespoke execution.
Three things few firms deliver together
Total independence
No capital ties to banks or insurers. Our recommendations serve your interests alone. No proprietary products, no conflicts of interest.
Global open architecture
Access to solutions across the market — funds, ETFs, structured products, Luxembourg life insurance and private equity — with no product-range restrictions.
Cross-border advisory
Expertise across France, Monaco and internationally. Support for residents, non-residents and multi-jurisdictional families, in full compliance.
Six fields of expertise. One integrated view.
We step in when several dimensions of wealth intersect. Identify your priority, then review below the documents we produce in practice.
Tax residence & mobility
Arrivals, departures or wealth spread across several jurisdictions.
Asset allocation & risk management
Risk budget, investment selection and disciplined rebalancing.
IFI & taxation of capital
Tax base, deductible liabilities, flat tax and international taxation.
Company sale & post-sale planning
Prepare the transaction, then turn business capital into private wealth.
French Riviera real estate
Financing, ownership structure and coordination with IFI.
Family wealth transfer
Gifts, beneficiary clauses and international families.
Do not take our word for it. Examine our work.
Open four representative cases and review the deliverables that structure our advice: scoping notes, technical analyses, comparative scenarios, proposals and action plans.
After the sale, decide what should remain liquid, invested and ultimately transferred.
Sale proceeds raise interconnected questions about reinvestment tax rules, the holding company, spousal protection and income after the end of professional activity.
- Reinvestment timetable and tax treatment
- Holding company structure
- Spousal protection and succession
- Define constraints before any allocation
- Compare several quantified scenarios
- Coordinate legal and tax validation
After the sale, decide what should remain liquid, invested and ultimately transferred.
Sale proceeds raise interconnected questions about reinvestment tax rules, the holding company, spousal protection and income after the end of professional activity.
Turn available capital into a sustainable retirement-income strategy.
Existing policy history, lower earned income, acceptable risk, property holdings and support for children must be assessed together.
Align ownership, decision-making and intergenerational transfer.
When private and professional assets overlap, governance and civil-law questions must be addressed before investments are selected.
Organise a family’s cross-border wealth before investing.
UK trusts, French residence, an international marriage, a family loan and professional incentive arrangements require a coordinated sequence.
The documents are fully anonymised. Names, personal company names and client references have been removed. Original working documents are in French or bilingual where indicated. These cases illustrate a method and do not constitute personalised advice or a promise of results.
Advice continues, week after week.
After personalised deliverables, discover the continuity of our work: key developments, figures, sourced charts and explained positioning in the Markets Letter.
Precious metals on fire: gold and silver post their best week of the year
An atypical market configuration
Gold rises +9.0% over the week to USD 4,396 an ounce, while silver gains +10.0%. Equities also advance.
A market overview without unnecessary noise
The Nikkei 225 records the strongest weekly performance among the major markets monitored. The Euro Stoxx 50, CAC 40 and S&P 500 also finish higher.
Where we are invested, and why
Positioning does not mechanically replicate the week’s performance. It weighs price, trend and risk.
What we are watching next
The main catalyst remains the Federal Reserve’s stance and its impact on long-term US yields.
Understand the rules, prepare the decisions.
Tax, estate planning, retirement and family organisation: practical weekly analysis of the issues that may affect your wealth strategy. Full original editions are in French.
PER 2026: annuity or lump sum, tax deduction and contribution strategy
Choices that go beyond the immediate tax benefit
A PER requires a balanced decision between savings effort, the entry tax benefit, exit options and future liquidity needs.
Turn developments into decisions
Each edition separates the applicable rule, its possible effects and the information needed before taking action.
What can change the analysis
Legislation, liquidity needs, family circumstances and estate-planning objectives are considered together.
One practical action to consider
Check your available allowance and whether a contribution before 31 December fits your overall strategy.
Six fields, six ways to begin a conversation
Tax residence and international mobility
Arrival in France, departure from France, Monaco residence, wealth across several jurisdictions.
The first question is never “which investment?”, but “taxable where, and on what?”.
- 1963 France–Monaco Tax Convention and consequences for IFI and succession
- Tax residence, bilateral treaties and relief from double taxation
- Exit tax, reinvestment and portable life-insurance contracts across jurisdictions
Asset allocation and risk management
Risk budget, exposure limits, investment selection and rebalancing governed by a written methodology.
A portfolio should be judged by what it does in difficult years, not good ones.
- Five profiles, each with minimum and maximum equity exposure
- Adjustment through Riviera TIDE according to the market regime, within those limits
- ETFs, UCITS funds, target-maturity funds and structured products: total cost disclosed before subscription
IFI and taxation of capital
IFI tax base, deductible liabilities, tax cap, flat tax and differential contribution on high incomes.
Optimisation begins with an accurate tax base, not a tax-relief scheme.
- Reconstructing the IFI tax base from €1.3m of net property wealth
- 75% income cap, deductible liabilities and dismemberment
- Flat tax versus progressive scale, CDHR and non-resident taxation
Business owners: company sale and post-sale planning
Preparation upstream, transaction structuring, then conversion of business capital into private wealth.
The most decisive year is not the year of the sale; it is the year before.
- Contribution-sale regime (Art. 150-0 B ter) and reinvestment timetable
- Dutreil Pact and 75% exemption for business transfers
- Holding company structure, executive remuneration and key-person protection
French Riviera real estate
Main or secondary residence, rental property, direct or corporate ownership.
Acquiring without divesting: this is often where a transaction’s efficiency is won.
- Interest-only financing backed by a policy, Lombard lending and effect on the IFI tax base
- SCI, temporary dismemberment, bare ownership, direct versus corporate ownership
- Furnished rentals, SCPIs and OPCIs alongside direct property
Succession and beneficiary clauses
Phased gifts, dismemberment, beneficiary clause drafting, blended and international families.
A poorly drafted beneficiary clause costs more than ten years of management fees.
- €100,000 allowance per parent and per child, renewed every 15 years
- Life insurance: €152,500 per beneficiary before age 70, separate regime thereafter
- Dismembered clause, non-resident beneficiaries and interaction with foreign succession law
Let’s discuss your wealth priorities
A first 30-minute consultation, with no commitment. We listen before we advise.
Schedule a consultation