Ex-Julius Baer Banker Starts $2 Billion Monaco Wealth Firm

Ali Jamal, a former Julius Baer Group Ltd. banker, is starting a new wealth-management firm focused on billionaire entrepreneurs.

The company, called Azura, is expected to debut within the next few weeks with about $2 billion of advisory assets under management, according to a person familiar with the company’s plans who asked not to be identified as the information is private. A spokesman for Julius Baer declined to comment.