Mirabaud will open an office in Lausanne this summer

The institution, founded in 1819, will open new offices in the capital of the Canton of Vaud, which will eventually employ around ten staff members to better serve its Clients in French-speaking Switzerland.

The Geneva-based Bank Mirabaud is preparing to open an office in Lausanne, signaling its commitment to continuing its expansion in French-speaking Switzerland. Starting this summer, the Bank – which already operates in Zurich and Basel – will set up shop in the heart of Lausanne’s “banking district” along Avenue du Théâtre, its Head for French-speaking Switzerland, Louis Fauchier-Magnan, told L’Agefi. The Bank thus joins several Geneva-based institutions already present in the area, including the most recent addition, Bordier & Cie, which has been there since the fall of 2025 with 12 employees.

Lombard Odier has been established there since 1889 and had around 60 employees in 2019. Pictet, for its part, opened an office in 1998 and now occupies nearly 1,000 square meters of space just a stone’s throw from Place Saint-François. There is fierce competition among these wealth management players, all of whom are targeting a wealthy local clientele. “In Switzerland, it is particularly important to be close to your Clients. This expansion is a natural extension for our existing clientele, primarily local entrepreneurs and professionals,” emphasizes the brother of Camille Vial, Managing Partner of the Group founded in 1819, alongside Lionel Aeschlimann and Nicolas Mirabaud.

While the office will initially benefit from the experience of Vaud-based relationship managers already within the Group who are dedicated to Clients in their region, the representative of the seventh generation of the Bank’s founding family cites a goal of “about ten on-site staff members within three years, recruited locally and from the rest of French-speaking Switzerland.” Proximity to EPFL and its ecosystem The Geneva-based institution, which reported assets under management (AUM) of 31.7 billion francs and a 10% increase in net profit to 22.6 million francs at the end of 2025, also aims to strengthen its presence in the region by expanding its service offerings. The Bank thus intends to continue developing the occupational pension segment, with a particular focus on LPP 1e plans for the so-called extra-mandatory portion, as well as on solutions related to Pillar 3A. At the same time, it aims to strengthen its wealth engineering services to provide more tailored support to its Clients in structuring and transferring their wealth. Mirabaud is also focusing on expanding its activities in private markets by participating in venture capital club deals – groups of investors that finance startups.

An alumnus of the École Polytechnique Fédérale de Lausanne (EPFL) and holder of a master’s degree in mathematics, Louis Fauchier-Magnan makes no secret of his attachment to the Lausanne region and his alma mater: “We have been supporting Swiss venture capital for many years, notably through EPFL’s Blaze program and as partners of Seed Night (editor’s note: taking place on May 7 at EPFL’s Rolex Forum), an event that recognizes the most promising startups during a pitch night.”