Wilco Wealth Management served as the General Sponsor of the Halde Wine Ceremony 2025. This unique cultural and oenological event took place on July 13, at the pristine Lake Kari, one of Armenia’s highest mountain lakes.

The ceremony brought together wine enthusiasts, industry experts, and cultural figures to celebrate an extraordinary tradition: the unveiling of wine bottles aged for 24 months beneath the waters of Lake Kari. Together with Maran Winery, Halde representatives showcased how the lake’s depth and unique natural environment create exceptional conditions for refinement and maturation, resulting in wines of exquisite character and taste.

For Wilco, supporting Halde means more than sponsoring a remarkable event. It reflects the company’s commitment to Armenia’s culture and heritage, and its belief that true wealth is measured not only in numbers, but also in the richness of experiences and traditions that endure through generations.

On May 16, Wilco Wealth Management has officially opened its new office in Yerevan. The new space reflects the company’s philosophy and vision. More than a workplace, it embodies Wilco’s core values of trust, creativity, and vitality.

The office has been thoughtfully designed to balance European elegance with the warmth of Armenian culture. Natural materials, authentic details, and purposeful design choices create an environment where clients, partners, and colleagues feel welcomed, inspired, and at ease.

From architectural solutions that transform constraints into creative statements, to the harmonious interplay of light, textures, and colors; every element speaks to Wilco’s belief in building with depth and intention. Among the highlights is a welcoming lounge with a fireplace, envisioned as a space not only for business meetings, but also for open dialogue, collaboration, and the exchange of ideas.

The opening event brought together Wilco’s partners, clients, and friends, who were warmly received by CEO Irina Belysheva and Deputy CEO Olga Omelchenko. In her remarks, Ms. Belysheva underscored that Wilco’s mission extends far beyond financial services or geographical boundaries:

The Yerevan office stands as a living expression of Wilco’s philosophy. It’s a place where trust, creativity, and vitality shape both the company’s work and its relationships with the community.

On April 22, 2025, Wilco Wealth Management received its license from the Central Bank of Armenia, marking the culmination of a large-scale rebranding initiative and the beginning of an exciting new chapter in the firm’s history.

The company’s roots date back to July 7, 2002, when it was founded in Yerevan as Alfasecurities LLC. Just a year later, it entered Armenia’s securities market under a brokerage license, and in 2008 further strengthened its standing by obtaining an investment services license (No. 0008). By 2016, the firm had expanded into trust and advisory services, steadily building a reputation for integrity, reliability, and financial expertise.

Completed in 2025, the rebrand signaled a transformation: Alfasecurities became Wilco Wealth Management, evolving from a respected local financial institution into a forward-looking international wealth management firm.

Today, Wilco draws on more than twenty years of proven experience while embracing a client-first philosophy that shapes every aspect of its practice. By offering a broad range of personalized financial and non-financial solutions tailored for high-net-worth and ultra-high-net-worth individuals, the firm remains committed to delivering value that extends beyond wealth, curating experiences and opportunities that truly go “from Priced to Priceless”.

Armenia’s Wilco Wealth Management earned international recognition among leading financial institutions at the WealthBriefing MENA Awards 2025, held on 20 November at The Armani Hotel, Dubai, UAE.

The winners were announced during a gala ceremony, where Wilco’s CEO Irina Belysheva was named “Leading Woman in Wealth Management,” an award honoring women who redefine leadership through excellence, integrity, and innovation. She was recognized for her vision, professionalism, and contribution to the regional financial sector."

“This award belongs to our entire team. It confirms that Armenia can be home to world-class financial expertise — and that family wealth management can be built on trust, clarity, and human values,” said Irina Belysheva, CEO of Wilco Wealth Management.

Stephen Harris, CEO of ClearView Financial Media and publisher of WealthBriefing, added:

“Every category winner and highly commended firm has undergone a rigorous and independent judging process and should be rightly proud of their achievements this year.”

Founded in 2002 and rebranded in 2025, Wilco Wealth Management represents Armenia’s new-generation approach to family wealth management, serving international families, entrepreneurs, and global citizens (HNWI and UHNWI). Built on the values of Trust, Creativity, and Vitality, Wilco offers integrated financial and non-financial solutions — from investment and structuring to concierge and legacy planning.

Operating under the supervision of the Central Bank of Armenia, the company holds an investment firm license authorizing it to provide brokerage, asset management, and investment advisory services. Wilco became the first company in Armenia to implement the international Market Responsiveness Index (MRI) — a global methodology that measures how quickly an organization responds to client needs and market change. The award highlights Wilco’s commitment to advancing family wealth management standards across Armenia and the wider region.

Organized by ClearView Financial Media (UK), publisher of WealthBriefing, the MENA Awards spotlight excellence across private banking, family office, and wealth management worldwide, celebrating the most innovative and client-focused companies and professionals in the industry.

Wilco Wealth Management has been named Best Wealth Management Provider, Armenia 2025 by the World Finance Awards — a recognition that highlights Armenia on the global private wealth management stage.

According to the organizers, this award celebrates firms that uphold the highest standards of quality and transparency amid market volatility, rising client expectations, and rapid digital transformation. The 2025 winners are those who demonstrate innovation, operational excellence, and a long-term, client-centered perspective.

The jury emphasized that Wilco’s approach aligns with international wealth management standards and sets a new benchmark for the region.

Wilco shares the winners' list with leading companies from around the world:

🇬🇪 Georgia — Bank of Georgia
🇦🇹 Austria — Kathrein PrivatBank
🇫🇷 France — BNP Paribas Banque Privée
🇨🇭 Switzerland — Pictet
🇺🇸 USA — Northern Trust

This recognition reflects the work of the company’s entire team and confirms that Wilco is shaping a new wealth management culture in Armenia — mature, responsible, adaptive, and focused on long-term value.

Dear Clients and Partners,

We are pleased to share our 2026 Investment Outlook, bringing together our views across asset classes and regions. We offer it with the right dose of humility: markets rarely follow a script, and the year ahead will almost certainly deliver surprises. Our goal is to offer our clients a robust roadmap: what we see as the most probable path, and which investment opportunities offer the most attractive risk-adjusted returns.

Our macroeconomic message is “resilient, not euphoric”. In U.S. equities, we remain constructive but more selective as the rally matures. In fixed income, we prefer short duration bonds to capture yield with less rate sensitivity. European equities present a different opportunity set compared with the U.S., featuring more attractive valuations and higher dividends.

Gold remains a strategic diversifier, supported by central bank demand and potential USD weakness. Crypto assets, while still volatile, have matured into a legitimate asset class with growing institutional adoption. We believe crypto deserves a modest, risk managed allocation in suitable portfolios.

We invite you to explore the full report and contact us to discuss implementation tailored to your goals, constraints, and time horizon.

Last week, Wilco participated in the “Unlocking Investment Opportunities in Armenia” investment forum organized by the Armenia Stock Exchange and hosted at the Abu Dhabi Securities Exchange, within the framework of the Tabadul Hub.

The forum marked an important step in Armenia’s deeper integration into regional and international capital markets. Discussions centered on cross-border connectivity, institutional cooperation, and the conversion of technical market links into active capital flows.

A key signal from the event: Armenia is increasingly perceived as part of a broader regional investment ecosystem rather than a purely local market. This shift creates new opportunities for institutional engagement and long-term partnerships.

As Armenia’s integration accelerates, early connection becomes a strategic advantage.

Wilco remains open to dialogue with institutional partners interested in exploring collaboration opportunities and participating in the next stage of Armenia’s capital market evolution.

Dear Clients and Partners,

We are pleased to share our 2026 Investment Outlook, bringing together our views across asset classes and regions. We offer it with the right dose of humility: markets rarely follow a script, and the year ahead will almost certainly deliver surprises. Our goal is to offer our clients a robust roadmap: what we see as the most probable path, and which investment opportunities offer the most attractive risk-adjusted returns.

Our macroeconomic message is “resilient, not euphoric”. In U.S. equities, we remain constructive but more selective as the rally matures. In fixed income, we prefer short duration bonds to capture yield with less rate sensitivity. European equities present a different opportunity set compared with the U.S., featuring more attractive valuations and higher dividends.

Gold remains a strategic diversifier, supported by central bank demand and potential USD weakness. Crypto assets, while still volatile, have matured into a legitimate asset class with growing institutional adoption. We believe crypto deserves a modest, risk managed allocation in suitable portfolios.

We invite you to explore the full report and contact us to discuss implementation tailored to your goals, constraints, and time horizon.

Last week Wilco Wealth Management participated as General Partner of the IV Conference Capital Markets Armenia, organised by Cbonds.

We opened the programme with pre-party by Wilco — an informal evening ahead of the conference where market participants continued professional conversations in a relaxed setting.

Capital Markets Armenia has become one of the key professional platforms discussing the development of the capital market in the country and the wider region.

The conference brought together: regulatory authorities, leading banks, wealth management and investment companies, international financial institutions.

As Armenia continues implementing its strategy to expand the capital market and strengthen international financial cooperation, the conference provided an opportunity to exchange views, discuss market prospects and explore new investment opportunities.

The conference was opened with welcoming remarks by Olga Omelchenko, Deputy CEO of Wilco Wealth Management, who highlighted the importance of such platforms for the development of financial markets:

During the conference, Denis Agaponov, Head of Portfolio Management at Wilco, shared our team’s perspective on several themes shaping global markets in the coming year.

Among the topics discussed:

• AI investment cycle

Hyperscalers’ spending on AI infrastructure continues to expand rapidly: projected to grow from $149bn in 2023 to around $659bn by 2026. While chip and infrastructure companies have been clear beneficiaries, parts of the software sector have seen deep corrections, potentially creating selective value opportunities over time.

• International equities returning to focus

After years of US market dominance, international markets, particularly in Asia and parts of Europe, are regaining attention as valuation gaps, diversification flows and structural trends such as de-dollarisation reshape global portfolios.

• Macro uncertainty and rates

Questions around the future path of US interest rates, tariff policy and possible shifts in Federal Reserve leadership remain important drivers for markets in the coming quarters.

• Gold in a new macro environment

Central bank demand, geopolitical uncertainty and currency diversification continue to support the role of gold in portfolios.

As Denis noted during the discussion:

For Wilco, participation in conferences like Capital Markets Armenia is not only about presenting views. It is part of the broader dialogue within the global investment community — an opportunity to exchange perspectives, challenge assumptions and stay close to the developments shaping financial markets.

The new card combines the premium privileges of Evoca Visa Infinite with the personalized financial expertise of Wilco.

Evocabank and Wilco, a wealth management company, have announced the launch of a special-edition, co-branded Visa Infinite card designed exclusively for Wilco clients who bank with Evocabank. This card, which is being released by the bank as a limited edition, integrates premium banking rewards with Wilcoˇs top-tier wealth management expertise, making it an integral part of clients' daily lives. The card can be requested by existing Wilco clients who hold or open an account with Evocabank, and by Evocabank clients who open an investment account with Wilco.

This card is designed for clients who lead an international lifestyle, value a personalized approach, and wish to experience banking services and wealth management as a single, seamless journey.

Cardholders can enjoy the full suite of Evocabank and Visa Infinite benefits. This includes priority access to airport VIP lounges worldwide, extended travel insurance, a 24/7 concierge service, and special offers from premium brands. Additionally, as part of this exclusive release, cardholders will receive access to meeting spaces at Wilcoˇs premium city centre office for business and personal meetings, as well as invitations to private lifestyle and financial events.

As an exceptional benefit, clients will receive a complimentary Wealth Check, which is a personalized, in-depth assessment of their investment portfolio and overall financial health conducted by Wilcoˇs leading experts. This diagnostic allows for the identification of hidden vulnerabilities and unrealised opportunities within seemingly stable portfolios, both of which are essential for long-term wealth growth. Much like a preventative medical check-up, this assessment is most effective when conducted early: a timely diagnosis provides the ultimate advantage, the ability to take strategic actions.

"Wealth management is not just about assets, it is about understanding the bigger picture. We look at our clientsˇ financial lives globally, focusing on how they live, spend, travel, and make decisions. Since daily banking is an inseparable part of that reality, this card is the natural reflection of our approach. Partnering with Evocabank, one of Armeniaˇs leading banks with whom we share a common shareholder, gave us the perfect opportunity to bring this philosophy to life in a tangible way. By having simultaneous access to both premium banking and professional asset management, the client unlocks a completely different level of service," said Irina Belysheva, Chief Executive Officer at Wilco.

"At Evocabank, we believe that modern financial solutions should be both convenient and aligned with our clients' lifestyles and long-term goals. This project brings together the premium banking experience of Evocabank and the professional wealth management expertise of Wilco, creating an offering that perfectly reflects the expectations and needs of our clients," said Karen Yeghiazaryan, Chairman of the Management Board at Evocabank.

The card is valid for 5 years, and the one-time service fee for the entire duration of its validity is 300,000 AMD.

Detailed information about the limited-edition card and the application form are available on Wilco's official website: wilco.am/en/card

Wilco

Wilco is a wealth management company providing investment services to high-net-worth individuals (HNWIs), family offices, and corporate clients. Wilco is regulated by the Central Bank of Armenia.

Evocabank

As the first commercial bank registered in Armenia, Evocabank not only provides fast, convenient, and innovative banking services but also fosters a modern banking culture.

The Bank places special emphasis on the development of digital products and services, creating an environment where any financial transaction can be carried out without visiting the bankdirectly through the EvocaTOUCH mobile application.

The Bank attaches great importance to the role of small and medium-sized enterprises (SMEs) in Armenia, providing both individuals and SMEs with modern digital tools, ultra-fast and flexible financial solutions, and personalized support from leading industry professionals.

This dedication is reflected in numerous awards from prestigious international publications and organizations, including "Best Bank in Armenia," "Best Digital Bank in Armenia," "Best SME Bank in Armenia," "Best Banking App in Armenia," and others.