MCM Partners has hired Christophe Page to head a newly created family office platform, isolating single-family-office services from the firm's broader wealth practice. Page spent the last seven years at Landolt & Cie and earlier held senior roles at UBS and Pictet & Cie, three of Switzerland's most disciplined private banking franchises. The move signals MCM's intent to compete for the $10 million–$100 million account segment where families demand separation from retail advisory noise.
MCM Partners operates as a multi-family office with roots in Europe and North America, overseeing an undisclosed but mid-market book. The new platform segregates single-family-office clients into a distinct reporting structure with dedicated portfolio construction, tax planning, and estate architecture. Page will report directly to senior management and build out a team over the next twelve months. The firm declined to disclose the initial client count or assets under the new unit, but the hire of a Pictet alumnus suggests capital commitments already in place.
The timing matters. Ultra-high-net-worth families are pulling assets from legacy private banks at the fastest pace since 2015, according to Scorpio Partnership data. Dissatisfaction centers on fee opacity, generic alternative allocations, and advisor turnover. Single-family offices grew 22% in number between 2020 and 2023, but many families lack the $500 million threshold to justify full in-house infrastructure. Multi-family platforms that mimic single-family governance—discrete reporting, named relationship officers, bespoke mandate construction—are capturing that middle tier. Page's background suggests MCM is building toward institutional rigor: Pictet and Landolt both enforce multi-year client onboarding, detailed liquidity modeling, and quarterly risk attribution that most U.S. wealth managers treat as optional.
The competitive set includes Stonehage Fleming, Pathstone, and Tiedemann Advisors, all of which have absorbed single-family-office teams in the last eighteen months. The differentiator will be execution quality and governance depth, not marketing. Families evaluate platforms on three metrics: whether the CIO has discretionary authority or merely coordinates, whether tax and estate counsel sit in-house or get outsourced, and whether performance attribution separates alpha from beta at the sleeve level. Page's Pictet tenure suggests familiarity with all three.
Allocators should watch for MCM's next two hires. If the firm brings in a dedicated alternatives specialist and a head of tax planning within six months, the platform is designed for durability. If it stops at Page and a small support team, this remains a branding exercise. Family-office consolidation is accelerating, and mid-market platforms either scale to institutional standards or get acquired by the firms that do.
Landolt & Cie will need to replace Page's client relationships before year-end. The firm manages approximately $3 billion across seventy families, and senior departures in Swiss private banking typically trigger at least two client reviews.