Independent
Multi-family office
History
Fondation
Aubin Thomine-Desmazures founded ASTEO in 2008 in Paris after a decade working on a trading floor and gaining initial experience in wealth management. His goal was to bring his market expertise and disciplined approach to wealth management with a focus on independence and transparency.
Expansion
In 2014, while maintaining its activities in France, ASTEO expanded to Luxembourg. Today, five of ASTEO’s seven employees are based in Luxembourg.
Key Figures
Positioning and Values
Independence
Our independence ensures the prevention of conflicts of interest. We provide full transparency on the remuneration of all wealth management stakeholders, starting with ASTEO itself.
Rigor and expertise
Rigor and expertise drive informed decision-making. Passionate about investing and coming from the institutional world, we relentlessly seek ideas and opportunities that offer the best risk-adjusted returns based on market conditions.
Alignment
Alignment reinforces our credibility. We personally invest alongside our clients in the products we recommend whenever possible.
Availability and support
We are committed to being available for the individuals whose wealth we manage and to supporting them. Responding swiftly and efficiently is our promise.
Organization
Services
Requires multidisciplinary expertise and coordination among various advisors. ASTEO acts as a project manager, selecting the right advisors and ensuring effective collaboration between all stakeholders to deliver the most relevant customized solutions. This structuring may be preceded by an audit of past wealth management practices.
ASTEO’s core expertise. Our approach revolves around strategic asset allocation, balancing listed and unlisted asset classes based on objectives, desired liquidity, and risk appetite. For each asset class, ASTEO selects the managers or solutions best positioned to maximize the probability of achieving the desired objectives. This strategic allocation is complemented by tactical investments, taking advantage of market opportunities across traditional and alternative asset classes.
Serves as the foundation for discussions with our clients, providing a precise and transparent view of portfolio performance and intermediary fees.
Team
Aubin has led ASTEO since founding it in 2008 after an initial wealth management experience (2002-2008). Previously, he worked for ten years abroad at Société Générale (Japan, France), NatWest (UK), and Lehman Brothers (UK), first as a risk manager (Market-Maker in FX derivatives) and then as a salesperson for equity, fixed income, FX, and credit derivatives for institutional clients. Aubin graduated as an engineer from Mines de Paris.
Mike de Carvalho
Chief Compliance Officer, Chief Risk Officer, Director | Luxembourg
mdc@asteoluxembourg.luMike joined ASTEO in 2015 after working for a year and a half at Edmond de Rothschild Group. He holds a Master 2 in Banking & Finance from Université Paris 5 René Descartes and a Master 1 in Finance from Université Paris 2 Panthéon-Assas.
Fabrice joined ASTEO in 2016 after gaining initial trading experience at Enovos SA. He holds a Master 2 in Market Finance and Risk Analysis from Université de Montpellier.
Morgane joined ASTEO in 2018 after initial experience as a wealth management engineer at a financial advisory firm. She holds a Master 2 in Wealth Engineering from the École Supérieure d’Assurances de Paris.
Grégoire joined ASTEO in 2022 after several experiences, including as a financial auditor at EY Luxembourg & PwC France and an operational risk analyst. He graduated from Grenoble Ecole de Management in 2021.