
18 DEC, 2025
By Joanna Piwko from RankiaPro Europe

Astoria Finance continues its national development strategy with two strategic operations in Southern France: the acquisition of the client portfolio of EC Conseils in Pau and a rapprochement with Framatong, a long-established wealth management firm based in Marseille.
These transactions strengthen the Group’s presence in Nouvelle-Aquitaine and the PACA region, while reinforcing its expertise in supporting private clients, business leaders, and independent professionals.
I am pleased to announce the acquisition of the EC Conseils portfolio (Pau) and the rapprochement with Framatong (Marseille). These operations fully align with our development strategy and are based on strong convictions: preserving client relationships, ensuring team continuity, and strengthening the quality of advice. The teams involved are joining Astoria Finance and will continue supporting their clients
Malcolm Vincent, Chief Executive Officer, Astoria Finance
Founded in 1991 by Franck Citerne and Jacqueline Henneton, Framatong is a well-established wealth management firm in the PACA region. Based in Marseille, it manages €94 million in assets and offers a broad range of wealth solutions, including life insurance, retirement savings plans (PER), capitalisation contracts, and personal protection.
Led by Eric Cayrolle, EC Conseils is an independent wealth management firm based in Pau. The exclusive acquisition of its client portfolio strengthens Astoria Finance’s local presence and expands its advisory capacity in Nouvelle-Aquitaine.
These operations reflect Astoria Finance’s commitment to long-term partnerships, continuity of service, and proximity to clients. The teams from both firms join Astoria Finance while continuing to support their clients.
Founded in 2002, Astoria Finance is a major French wealth management group with €12.6 billion in assets under management and over 120,000 clients.