|JP Morgan top manager|
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When he came to see us, Mr P. was heading JP Morgan Chase 's operations for a whole continent. He had 500 bankers working for him.
An exceptional pedigree
America, Austria or Switzerland?
America is a great country, but Mr. P. and his wife longed for European cultural diversity and sophistication. So they investigated Austria, a country where the family had spent numerous vacations and whose mountains they loved. Austria is a nice place for skiing and hunting, but its charms diminish greatly by the time you become a taxpayer. Another option came as obvious, a country that would have all the charms of Austria without its defects - Switzerland.
The investor program
Don't forget that Mr. P.'s profession is investment - that means he has high standards. So we worked hard to show him companies that would match his expectations. And actually, our client was "disappointed in good " as we say in Switzerland, to see the high quality of the companies we presented him.
After having met with the management of numerous companies, Mr. P. decided to pursue two companies. The first was a young high-tech company with 20 employees that manufactures several types of detectors used in industrial and security applications. This company had already received plenty of venture capital funding and did not need any additional capital. To boot, the company's main investor, a Swiss venture capital fund, had made a lock-out close preventing new investors to dilute their stake. But Mr P. is a man you'd like to seat on the board of your company. So the Zurich venture capitalist accepted, after meeting our client, to make an exception and allow him to invest.
The second company was a small startup company working out of a local incubator. They had developped a new technology to make gas detectors at a tenth of the cost of existing detectors but now needed to market their product to OEMs across the world. Were they happy to have Mr. P. join their boat? You bet they were.
Once the investment details had been worked out we had to submit an application for Mr. P. and his family to become Swiss residents. Mr P. was one of the quickest clients we ever had. He made all the decisions and sent us all the documents we needed in less than a month ! The application was quickly submitted and quickly approved.
Finding a house
Mr. P. now lives on the Riviera and concentrates on what he likes best : skiing, paleontology and his family.
Our company does not have relations with JP Morgan Chase. Our client was Mr. P., not JP Morgan Chase. JP Morgan Chase is mentionned in this text only because it is our client's former employer. JP Morgan Chase had no part in our client's relations with us and does not endorse us in any way.
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