Independent Wealth Management From Lugano –
Rooted in Swiss Values and Focused on Your Long-Term Success
Swiss Independent Wealth Manager in Lugano -
FF Marcuard SA
FF Marcuard SA is an owner-managed Swiss wealth management firm based in Lugano. We are fully regulated by FINMA and operate with a clear commitment to independence and client focus. Our team specialises in bespoke investment strategies for high-net-worth individuals and families. Thanks to our independent model, client interests always come first. We avoid product bias, focus on long-term results, and stay grounded in Swiss values such as discretion, stability, and entrepreneurial thinking.
Client-Focused Advice Rooted in Swiss Independence
Founded in 2010 by Fiorello Lorenzo Fiore, a seasoned private banking expert with over 30 years of experience, FF Marcuard SA stands for trust, continuity, and truly independent advice.
✓ 100% Independent
- ✓ FINMA regulated
- ✓ Based in Lugano
"As an independent wealth manager based in Lugano, Switzerland, we work with trusted Swiss and international custodians – selecting the best fit for each client. Our strategies are built for the long term – not for product sales."
Why Clients Trust Our Independent Wealth Management in Lugano
01 Swiss Regulated
FF Marcuard SA is authorised and supervised by FINMA, operating with full legal transparency, Swiss regulatory reliability, and a strong commitment to independent wealth management.
02 Based in Lugano
Based in Lugano’s financial centre, we unite Swiss banking stability with Italian-speaking client proximity and cross-border understanding for long-term international relationships.
03 Truly Independent
We provide independent wealth advice – free from retrocessions, product commissions or external incentives – always aligned with your interests and long-term financial goals.
Our Founder – Vision Built on Independence
FF Marcuard SA was founded in 2010 by Fiorello Lorenzo Fiore, a Swiss private banker with more than 30 years of experience. He held senior positions at leading international financial institutions. From the start, his vision was clear: to build a truly independent wealth management firm. One that is free from product constraints, built on trust, and rooted in Swiss discretion and entrepreneurial clarity.
Built on Trust and Continuity
Over time, his values shaped a distinct advisory culture. It puts client interests ahead of short-term incentives and believes in the strength of long-term relationships.
Today, this philosophy continues through a new generation of partners – Luca Catena, Patrick Raith, and Monika Bene. They not only uphold the firm’s founding values, but also adapt to the needs of a changing, cross-border world. Together, they ensure FF Marcuard SA remains a trusted and independent partner for international families, entrepreneurs, and future generations.
"True wealth management must be personal, independent and grounded in trust – tailored to each client’s long-term needs and never driven by external incentives or short-term products."
Wealth Management Services
01 Discretionary Portfolio Management
Tailored investment strategies managed on your behalf – with discipline, transparency and alignment to long-term objectives.
02 Advisory Investment Mandates
You stay involved in decisions while benefiting from independent advice, market insights and continuous risk assessment.
03 Cross-Border Structuring
Solutions designed for internationally mobile clients facing complex tax, reporting and jurisdictional considerations.
04 Succession & Estate Planning
We help structure wealth transfers across generations with foresight, sensitivity and legal clarity.
05 Tax-Efficient Wealth Strategies
Our planning optimises after-tax returns while respecting applicable regulations across borders.
06 Risk & Liquidity Management
We ensure access to liquidity and capital preservation through diversified, scenario-tested risk management tools.
Our Team of Trusted Professionals
Fiorello Lorenzo Fiore
Luca Catena
Patrick Raith
Monika Bene
Paola Della Vedova
Arianna Vigo
Tamara Gagliano Cavadini
Alessandra Fiore
Flavio Mazzoni
Patrick Stauber
Fiorello Lorenzo Fiore
Career
Fiorello spent over three decades at Credit Suisse, from 1977 to 2010, where he held several senior leadership positions, including Managing Director.
Between 1999 and 2003, he led the Private Banking division for International Client Italy at the Chiasso branch. From 2004 onwards, he was entrusted with the strategic development and oversight of the International Client Italy business for the Lugano region.
In 2009, Fiorello was appointed Head of HNWI International Clients, taking responsibility for the key branches of Lugano and Chiasso, with Locarno added to his remit in 2010. Over the years, he developed strong, lasting relationships with high-net-worth clients and built a reputation for his trusted leadership and deep expertise in international private banking.
In 2010, capitalising on his extensive industry experience, he founded FF Marcuard SA in Lugano, where he continues to contribute as a seasoned entrepreneur and financial expert.
Education & Languages
Fiorello holds the Swiss National Diploma AFC in Commerce and has supplemented his formal education with numerous specialised courses in finance and banking, both in Switzerland and internationally.
His mother tongue is Italian. He is fluent in English, French and German, enabling him to serve a diverse and international clientele.
Luca Catena
Career
Luca worked at Credit Suisse for over 21 years.
Since 2004, he was active in Private Banking International at the Lugano branch, serving as a Senior Relationship Manager for HNWI and UHNWI clients. During his career, Luca was selected for the Internal Development Programme, a prestigious cross-divisional talent initiative that provided deep insight into the operations of a universal and international bank.
As part of this programme, he spent nearly a year working abroad in London, Singapore, Zurich and Milan, rotating through key business areas including Investment Banking, Asset Management and Private Banking.
In July 2022, Luca joined FF Marcuard SA as a Relationship Manager and Deputy to the current CEO.
Education & Languages
Luca obtained a degree in Business Economics from the Scuola Universitaria Professionale della Svizzera Italiana (SUPSI) in 2007. He has continued to advance his financial and economic knowledge through the following certifications:
- Certified Wealth Management Advisor (CWMA)
- Certified International Wealth Manager (CIWM)
- Certified International Investment Analyst (CIIA)
- Certified Expert in Finance and Investment (Federal Diploma)
- Financial Analyst and Wealth Administrator (Federal Diploma)
- Certificate of Advanced Studies (CAS/SUPSI) in Tax Law
He is fluent in Italian, English and French, and has a good knowledge of German.
Patrick Raith
Career
Patrick worked at Credit Suisse SA for 24 years.
He began his career at Credit Suisse SA in 1999 as part of the Junior Banking Programme. From 2001 to 2006, he served as a junior consultant for Swiss retail clients, focusing on financial and mortgage services.
In 2006, he transitioned to the role of Relationship Manager in Private Banking International at the Lugano branch, a position he held for many years.
In January 2024, Patrick joined FF Marcuard SA as a Relationship Manager.
Education & Languages
Patrick obtained a degree in Business Economics (SUP) from the Professional University School of Italian Switzerland (SUPSI) in 2006. Over the years, he has further enhanced his financial and economic expertise through the following certifications:
- Certified Wealth Management Advisor (CWMA)
- Certified International Wealth Manager (CIWM)
- Certified International Investment Analyst (CIIA)
- Certified Expert in Finance and Investment (Federal Diploma)
- Financial Analyst and Wealth Administrator (Federal Diploma)
He is fluent in Italian, English, German and French.
Monika Bene
Career
Monika brings over 25 years of experience in the financial services industry, advising both private and institutional clients in Switzerland and internationally.
She began her career in 1997 as a Financial Advisor at Prudential-Bache International, part of Prudential Financial, where she worked in Lugano and London for four years.
From 2001 to 2018, Monika spent more than 17 years at Credit Suisse, working in private banking and wealth management. During this time, she held senior relationship management roles in Lugano, Rome and St. Moritz.
Between 2018 and 2022, she acted as an independent consultant in collaboration with a financial boutique engaged in venture capital and third-party fund distribution, with offices in Lugano and Zurich.
In 2023–2024, Monika gained experience in the luxury sector as a Senior Client Advisor at Bucherer AG in St. Moritz.
In July 2024, she returned to the financial industry and joined the FF Marcuard Team as a Senior Relationship Manager.
Education & Languages
Monika holds a Master of Science (MSc) degree in Economics.
She is fluent in English, Italian, French, German, Spanish and Hungarian. She also has basic proficiency in Russian and Portuguese.
Paola Della Vedova
Career
Paola Della Vedova brings over two decades of experience in the fields of Internal Audit and Compliance, having worked with both global financial institutions and specialised wealth management firms. Her career began in 1999 at Banca Monte dei Paschi di Siena in Bergamo, where she focused on export and short-term financing.
She continued her professional development with roles in internal audit at Pioneer Investments (now part of Amundi), UniCredit, and Kairos Partners SGR in Milan, where she transitioned into compliance functions. These early positions provided her with a solid foundation in regulatory risk, financial controls, and fund operations.
From 2008 onward, she held increasing responsibilities in compliance and risk oversight, including at BANCA ARNER SA in Lugano, where she served as Head of Compliance, Legal Services, and Consolidated Supervision. She also spent over three years at EFG Bank in Lugano, where she managed key aspects of compliance processes and regulatory liaison.
Paola joined FF Marcuard SA as Compliance Officer and Risk Manager, where she leverages her extensive regulatory knowledge, analytical rigour, and experience with Swiss and European frameworks to ensure robust governance and operational integrity.
Education & Languages
Paola holds a Master’s degree in Economics and has completed an Executive Master’s in Compliance Management. These academic qualifications are complemented by continuous professional development throughout her career in the financial services industry.
Her native language is Italian. She is fluent in English and French, allowing her to work effectively in international and multilingual regulatory environments.
Arianna Vigo
Career
Arianna Vigo began her professional journey in the fashion and luxury industry, where she held senior positions at leading international brands including Gianni Versace and the Staff International S.p.A. Group. In these roles, she developed a strong foundation in executive coordination, brand representation, and global client interaction.
Driven by a desire to explore a new industry, Arianna transitioned into the financial sector, where she worked as an executive assistant for various banks and asset management firms in Lugano. Her experience spans administrative leadership, client support, and executive liaison in highly regulated financial environments.
In February 2024, she joined FF Marcuard SA as Executive Assistant to the CEO, where she supports strategic initiatives, internal coordination, and high-level communications within the firm’s executive team.
Education & Languages
Arianna holds a diploma as a “Foreign Languages Business Correspondent”, equipping her with strong multilingual and intercultural communication skills relevant to global business settings.
Her native language is Italian. She is fluent in English and French and has a good working knowledge of German, allowing her to operate seamlessly in international and multilingual environments.
Tamara Gagliano Cavadini
Career
Tamara brings over 30 years of experience in the banking and wealth management sector in Lugano.
She began her professional journey in 1994 at Banca Commerciale Italiana in Lugano, where she held the position of management secretary. From 2000 to 2010, she worked at HSBC Private Bank (Suisse) as a Private Banking Assistant.
In the years that followed, Tamara held various roles within several leading asset management firms in Lugano, further expanding her expertise in administrative and client service functions.
She joined our team in November 2023 in a part-time capacity, bringing with her a strong background in private banking operations and client support.
Education & Languages
After completing secondary school, Tamara earned her diploma as a qualified commercial employee from the Commercial School in Lugano in 1993.
Her mother tongue is Italian. She also has a good command of English, German and French.
Alessandra Fiore
Career
Alessandra Fiore began her legal career at the Secretariat of the Swiss Competition Commission (WEKO), where she conducted market assessments and contributed to regulatory decisions. She further developed her skills through roles in leading Swiss law firms and international organisations, including Ernst & Young Zurich, where she worked in the Legal, Regulatory & Compliance Office with a focus on banking regulation and internal governance.
Following the completion of her bar training, she joined Kellerhals Carrard Lugano, where she gained experience in corporate and criminal law, representing clients in negotiations and proceedings. In 2018, she became a practising attorney at Dextra Rechtsschutz AG, where she currently serves as Deputy Team Leader for both the Contract Law and Italophone teams. In this role, she manages complex legal matters across multiple jurisdictions and provides strategic advice in Italian and German.
Alessandra joined the Board of FF Marcuard SA as a non-executive member, where she contributes her legal expertise and governance insights, supporting the firm’s commitment to Swiss regulatory standards and client-focused operations.
Education & Languages
Alessandra Fiore holds a Master of Law degree magna cum laude from the University of Zurich and obtained her Swiss bar qualification in 2017. During her studies, she completed an exchange programme at Keio University Law School in Tokyo, enhancing her international legal perspective.
Her mother tongue is Italian. She is fluent in German and English and has good working knowledge of French, enabling her to work across linguistic and cultural boundaries with precision and discretion.
Flavio Mazzoni
Career
Flavio has worked across various professional sectors since 1980, beginning his career as an internal auditor before assuming management roles in both medium-sized and large international companies.
Since 1990, he has been active in the Swiss fiduciary sector, gaining recognised expertise in corporate and tax consultancy.
For the past 22 years, he has worked at one of Switzerland’s leading fiduciary companies, where he has distinguished himself as a highly respected manager and served on the Board of Directors of several companies and foundations.
Since 2019, Flavio has been a member of the Board of Directors of FF Marcuard SA.
Education & Languages
Flavio obtained his diploma as an Accountant and Commercial Expert in 1973. He also holds a certificate in Systems Analysis and Programming from EDP Zurich.
Throughout his career, he has actively pursued continuous professional development, attending numerous courses in administration, accounting and compliance, as well as a course in tax law at SUPSI.
His mother tongue is Italian. He speaks and writes fluently in English, French and Spanish, and has a good knowledge of Portuguese.
Patrick Stauber
Career
Patrick is the Group CEO and CEO of Marcuard Heritage AG. He is also a member of the Board of Directors of several other companies within the Marcuard Heritage Group.
Before joining Marcuard Heritage AG, Patrick was a managing partner at a Swiss independent wealth management firm and served on the board of various investment fund vehicles.
From 1996 to 2006, he played a key role at Morgan Stanley in Zurich and London. Before that, he spent six years at Citicorp Private Bank in Zurich and Citibank NA in London, following the completion of his banking apprenticeship at Bank Leu AG.
Education & Languages
Patrick holds a degree in Business Administration and is a certified Six Sigma Black Belt.
He is fluent in German and English, and conversational in French.
“We believe wealth management is not a transaction – it’s a lifelong relationship built on listening, trust and transparency. As an independent firm in Switzerland, we put our clients’ interests first – always.”
Independent Wealth Management –
Rooted in Lugano, Connected Globally
FF Marcuard SA is an independent Swiss wealth management firm based in the Italian-speaking region of Switzerland. Our location offers regulatory stability, cross-cultural perspective, and global accessibility. From Lugano, we serve clients locally and internationally. We combine the personal approach of a boutique Swiss private bank with expertise in cross-border investment and long-term wealth structuring.
Strategic Partnerships
We operate within a global network of trusted partnerships. Together, these firms extend our reach and enhance our expertise in international wealth management and long-term portfolio solutions.
- Marcuard Heritage – a global wealth management firm with offices in Zurich, Singapore, Limassol, and Abu Dhabi. They specialise in international wealth planning and family office services.
- Alpinum Investment Management – an institutional fund manager based in Zurich. The firm focuses on credit strategies and alternative investments for professional clients.
- Atlantis Marcuard – an independent wealth management firm based in Geneva. They offer personalised portfolio services and long-term financial planning.
These strategic alliances enable us to offer comprehensive wealth strategies while staying agile, independent, and fully committed to client success.
The FF Marcuard Advantage
At FF Marcuard SA, independence is more than a legal term – it is how we operate every day. We are free from any affiliation with banks or product providers. As a result, we are accountable only to our clients. This independence allows us to offer advice without conflicts of interest. It lets us focus on long-term wealth preservation and provide strategies that match each client’s specific goals.
Our base in Lugano connects Swiss financial stability with international accessibility. At the same time, our team’s cross-border expertise brings clarity to complex regulatory environments. Above all, we maintain a culture of discretion, continuity, and personal service – a rare combination that defines the true value of independent Swiss wealth management today.
1. What does it mean to be an independent wealth manager in Switzerland?
This means we are fully independent from banks and product providers. We act solely in the interest of our clients – without sales incentives or product conflicts.
2. Is FF Marcuard SA regulated by FINMA?
Yes. FF Marcuard SA is authorised and supervised by FINMA, the Swiss Financial Market Supervisory Authority. This ensures full regulatory oversight and ongoing compliance with Swiss financial standards.
5. How is your service different from a private bank?
We act purely on your behalf. No product sales, no internal quotas, no pressure. Just aligned interests and long-term advice based on trust and continuity.
3. What kind of clients do you typically serve?
FF Marcuard SA works with individuals, families and entrepreneurs who seek long-term, personal and discreet wealth management – often across generations.
4. How do you define long-term wealth management?
We see wealth management as a long-term partnership built on trust, continuity and shared values. It’s not about timing the market, but about preserving and growing wealth over generations.
6. How do I become a client?
Simply contact us. We usually begin with a confidential conversation to understand your needs, values and objectives. If we’re a good fit, we build from there.
True independence means putting clients first – not just in principle, but in practice.
Partner with FF Marcuard SA
At FF Marcuard SA, experienced private bankers and relationship managers find the freedom to serve their clients independently, with full entrepreneurial autonomy, regulatory certainty, and lasting continuity.
Our platform is built for professionals who value discretion, independence, and long-term client relationships. As a FINMA-regulated Swiss wealth manager, we offer the structure and reputation to grow your practice on your terms, without product pressure or retrocessions.
If you’re seeking a truly independent environment to build enduring value with your clients, we welcome a confidential conversation.