Spearvest, a two-year-old Swiss boutique for the super-rich set up by two UBS veterans, is poaching an analyst from the Swiss bank.

The Geneva-based investment adviser is hiring Killian Doswald as an analyst, effective immediately, it said in an emailed statement on Thursday. Spearvest was set up in 2018 by Wael Al-Nahedh and Clément Desportes, both veterans of UBS' private bank.

A 29-year-old Swiss native who began his finance career as an intern at Lombard Odier, Doswald was most recently head of a client wealth service team for Saudi Arabia at UBS. Spearvest, which doesn't disclose its managed assets, said it will continue to hire high net worth specialists.