HBK Investments Advisory SA

Overview

HBK Investments Advisory SA, now branded HBK Wealth, is an independent wealth-management firm based in Geneva. Established in 1996, the firm works with institutions, wealthy individuals and families, and foundations. HBK describes its client base as intentionally focused on a limited number of carefully selected wealthy clients and families.¹⁶

History

Hani Kalouti founded HBK in 1996. The firm launched its first in-house fund in 2000 as it expanded into alternative investments. HBK reports that it obtained FINMA authorisation as an asset manager for collective investment schemes in 2015. FINMA’s authorised-institutions list includes HBK Investments Advisory SA in Geneva.¹²

Timeline

1. 1996Established in 1996, the firm works with institutions, wealthy individuals and families, and foundations.
2. 2000The firm launched its first in-house fund in 2000 as it expanded into alternative investments.
3. 2015HBK reports that it obtained FINMA authorisation as an asset manager for collective investment schemes in 2015.

Leadership

Hani Kalouti is a member of the Investment Committee and Executive Committee. Marc Nadas is Managing Director, president of the Executive Committee, and a member of the Investment Committee. Sobhi Tabbara joined HBK in 2024 to lead business growth and strategic development initiatives. Anne-Céline Huart is responsible for Legal and Compliance, while Laurent Senehi oversees operations and serves on the Executive Committee.³

Services

HBK provides discretionary portfolio management and comprehensive Family Office services. Its Family Office offering includes global wealth oversight, consolidated reporting, coordination with banks and service providers, investment policies, and family governance. The firm coordinates assets held with multiple custodians and supports long-term wealth structuring, protection, and intergenerational transfer.⁴

Discretionary mandates begin with an assessment of a client’s financial position, liquidity, risk tolerance, and long-term objectives. HBK then implements a bespoke investment strategy aligned with that assessment.⁴

What the firm offers

• Investment management
• Philanthropy
• Family governance and education
• Risk and insurance

Client focus

HBK serves institutions, wealthy individuals and families, and foundations. The firm says it deliberately works with a limited number of carefully selected wealthy clients and families, supporting a focused client relationship model.⁶

Approach

HBK says its investment philosophy combines disciplined risk management with clients’ goals and constraints, seeking sustainable absolute returns across market environments. Its investment process uses top-down and bottom-up research, risk-weighted asset allocation, manager due diligence, and ongoing portfolio and risk monitoring.⁵

The firm focuses primarily on developed markets while retaining experience in emerging markets. It may also add illiquid or private investments opportunistically.⁵

Memberships and affiliations

HBK reports membership in the Swiss Association of Asset Managers, founding membership in the Multichain Asset Managers Association, and affiliation with Ombud Finance Switzerland.⁶

FAQs

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Sources

1. HBK milestones and firm information
2. FINMA authorised institutions list
3. HBK team
4. HBK services
5. HBK investment approach
6. HBK about

Claim or correct this profile

This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.