STEP Europe Conference – Budapest

Under the theme, “Wealth management and estate planning: new challenges, new toolkit,” this event brought together esteemed professionals from across Europe and around the world.

Among the distinguished presenters, two of our managing partners took center stage. Dr Menyhei shared insights on “The Hungarian asset management foundation and the hybrid trust – key pillars for Hungarian family offices.” His presentation explored innovative strategies and key components essential for navigating the evolving landscape of wealth management in Hungary.

Dr B. Szabó tackled the topic of “Increasing Compliance Burdens” while posing the thought-provoking question, “Is The Abnormal the New Normal?” With a focus on compliance challenges, Dr B. Szabó shed light on the ever-changing regulatory environment and how professionals in the field can adapt.

We are delighted to announce that Dr. Ákos Menyhei and Dr. Gábor B. Szabó, managing partners of Primus Trust have been ranked as first-rate High Net Worth (HNW) advisors by Chambers & Partners for seven and five consecutive years, respectively.

We take immense pride in the recognition received by our managing partners, as it reaffirms our dedication to excellence and client satisfaction.

Discover new challenges and innovative strategies in wealth management and estate planning at the STEP Europe Conference 2023 titled “Wealth management and estate planning: new challenges, new toolkit.” Taking place in Budapest on 12th and 13th October, this premier event will feature renowned speakers, including our managing partners Dr Gábor B Szabó and Dr Ákos Menyhei.

Dr B Szabó will address the increasing compliance burdens faced by trustees and wealth managers, offering valuable insights into this pressing problem. Dr Menyhei will cover current issues in Hungarian asset management, providing a comprehensive analysis of developments and potential opportunities. Join us for this exceptional networking and knowledge-sharing experience. For more information and registration click here.

Primus Trust Asset Management Zrt categorically rejects the claim of the Hungarian National Bank that it would carry out any activity subject to a license without the appropriate license. At the same time, we are puzzled by the unprecedented mega fine imposed by the MNB on a service provider that, even by MNB’s own admission, did not gain any financial advantage from the allegedly unauthorized lending activity.

On the other hand, we declare that we only carry out fiduciary activities that fully comply with the relevant legal requirements, have the necessary permits, and use all available legal tools to protect the legitimate interests of our clients.

We are pleased to announce that for the sixth consecutive year, Chambers & Partners ranked dr. Ákos Menyhei, managing partner, as a first-rate HNW advisor (Leader in his field).

We are pleased to announce that for the fourth consecutive year, Chambers & Partners ranked dr. Gábor B. Szabó, managing partner, as a first-rate HNW advisor (Leader in his field).