lfa corporate presentation - swiss wealth management for us clients
TRANSCRIPT
Zurich Lugano Miami
Presented by Michel Guignard, Senior Rela;onship Manager
LFA Corporate Presenta;on
US TAX PERSON
Defini&on of a US tax person
• US ci;zen (born in the US) • Dual ci;zenship with the US
• Permanent US resident
• Greencard holder • Individuals fullfilling the physical presence test
Physical presence in the USA for at least 31 days
during the current year and 183 days during the
3-‐year period that includes the current year and
the 2 preceding years.
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WHY INTERNATIONAL DIVERSIFICATION?
Why a US investor should consider interna&onal investment diversifica&on
• Enhance the safety aspect of your assets through jurisdic;onal diversifica;on beyond the US financial system.
• Reduce the vola;lity of your investment por[olio by currency diversifica;on and your exposure to poten;al deprecia;on of the US dollar.
• Enjoy increased investment opportuni;es with a global outlook.
• Broaden your investment perspec;ve with the insights and experience of a Swiss-‐based wealth manager.
• Feel comfortable with strong and strictly-‐regulated Swiss financial ins;tu;ons with a long tradi;on in banking and the highest quality of service.
• Benefit from Switzerland’s long-‐term poli;cal and economic stability and its core values.
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WHY SWITZERLAND?
The four core values of the Swiss financial center are stability, universality, responsibility and excellence
1. Stability
Switzerland achieves a con;nuous AAA-‐ra;ng with a stable outlook by the world’s leading ra;ng agencies and maintains long-‐term poli;cal and economic stability.
2. Universality
A comprehensive range of investment solu;ons and services with a global reach -‐ yet with a commitment to the unique tradi;on of the Swiss financial center -‐ provides foreign clients, whatever their na;onality, asset volume or requirements, with customized wealth management solu;ons.
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WHY SWITZERLAND?
The four core values of the Swiss financial center are stability, universality, responsibility and excellence
3. Responsibility
With impeccable conduct towards clients, employees, society and the environment as well as a deep respect for the individual, the day-‐to-‐day ac;vi;es are monitored, customized and adjusted on an ongoing basis.
4. Excellence
Well-‐educated, professional and ambi;ous staff, proven and reliable methods and the best available systems guarantee high quality in the solid tradi;on of the Swiss financial center.
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LFA CLIENTS 6
LFA serves both private and ins&tu&onal clients in
Switzerland and the US
Individuals and families
• Their trusts, founda;ons and companies
• Collabora;on with a US client‘s trusted advisor in co-‐counselling clients
• Domiciled in the United States, Switzerland and
abroad
Ins&tu&onals
• US fund and asset managers
• US family offices
• Swiss banks • Swiss asset managers and family offices
COMPANY PROFILE -‐ INVESTING WITH LFA
LFA SWISS Wealth Management for US Clients
Swiss-‐based, LFA is registered with the Securi;es and Exchange Commission (SEC) in the United States as an investment advisor.
LFA is an independent asset management company specializing in the interna;onal wealth management needs of persons subject to US taxa;on.
Our services are specifically tailor-‐made for US persons and their families, independent asset managers as well as public and private banks.
LFA is specialized in crea;ng US tax-‐compliant, interna;onally-‐diversified por[olios for US clients, which complement the US wealth management strategy already in place back home.
We offer our US clients discre;onary, advisory and special mandates with tax compliant, transparent, disciplined and precise investment strategies.
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LFA Zurich office
COMPANY PROFILE -‐ INVESTING WITH LFA
LFA SWISS Wealth Management for US Clients
LFA has offices in Lugano and Zurich, Switzerland and through our subsidiary, LFA North America LLC, we have an office in Miami as well.
Our in-‐depth rela;onships with US investors and banks keep us well-‐informed of all US regulatory and legisla;ve changes along the way.
Not affiliated with a bank, LFA has one focus only: You as our client. Geeng established is easy and uncomplicated. Our English-‐speaking staff accompanies you every step of the way in geeng established and beyond.
While you can open your account without leaving home, a trip to Switzerland is highly recommended to get the touch and feel of Switzerland as a home to your assets firsthand. We also frequently travel to the US to meet with clients personally.
LFA is member of the LFG group of companies.
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LFG North America LLC, Miami
LFA GOVERNANCE
LFA is strictly regulated
In the USA
• Registered with the SEC as an investment advisor
since January 2010, CRD# 152864, SEC# 801-‐71074.
In Switzerland
• Member of OAD FCT, a self-‐regulatory organiza;on
regulated by FINMA Swiss Financial Market
Supervisory Authority
• Auditor: PFK Cer;fica SA
• External Compliance Officer: VanderBrook Partner
Compliance Solu;ons GmbH (US lawyer)
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LFA GOVERNANCE
LFA is strictly regulated
In LFA
• Internal Compliance Officer
• LFA ADV Part 2 Brochure • US Compliance Manual
• LFA Code of Ethics
• US Investment Process
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LFG GROUP OF COMPANIES 11
LFG HOLDING SA
LFG FAMILY OFFICE
LFG INVESTMENT CONSULTING
LFG NORTH AMERICA
LLC
LFG REAL ESTATE
LFA US CLIENTS
F O U N D A T I O N
LFG GROUP OF COMPANIES
Be the change that you wish to see in the world.
Our commitment to a bePer world.
Founded by LFG Holding SA, the To Be Founda;on is a philanthropic, non-‐profit ins;tu;on suppor;ng
projects in educa;on, healthcare and arts and culture. It sponsors humanitarian programs of public u;lity
and provides financial backing to organiza;ons opera;ng in developing countries.
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LFA INVESTMENT ADVISORY 13
CLIENT
CUSTODIAN BANK 1
CUSTODIAN BANK 2
CUSTODIAN BANK 3
Not affiliated with a bank, LFA has one focus only: You as our client.
• Geographical diversifica;on • Personalized fee policy • Independent and neutral approach
• Best-‐in-‐class products • Iden;fica;on of custodian banks • Minimiza;on of banking products
LFA INVESTMENT ADVISORY – Your partner for Swiss-‐based, interna;onal investment management
YOUR PARTNER AT LFA
MICHEL GUIGNARD
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SENIOR RELATIONSHIP MANAGER
Michel Guignard, born April 1st, 1961, joined LFG Holding SA in 2014. He is CEO and a Member of the Board of LFG Holding SA and serves LFA as a senior rela;onship manager. He started his career in wealth management in 1980 at Swiss Bank Corpora;on. Aqer working in the USA and Germany, he held several senior management posi;ons at some of the largest, global wealth management firms. In the last few years his focus has been on serving families with comprehensive and complex financial requirements, predominantly from the US and La;n America. He holds a bachelor in business administra;on, is a Cer;fied Interna;onal Investment Analyst CIIA, and a financial planner. Mr. Guignard also serves on the Board of the Swiss Registered Investment Advisor Associa;on (SRIAA). He frequently travels to the US to meet with clients personally.
T. +41 43 497 22 84 | Call from the US: 01141 43 497 22 84 | [email protected]
EXECUTIVE BOARD & LFA TEAM
SIRO SPELLINI FRANCESCO BERNASCONI
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SENIOR RELATIONSHIP MANAGER SENIOR RELATIONSHIP MANAGER
MICHEL GUIGNARD
NICCOLO‘ BADOGLIO LUCA BOSIA PAOLO PANZA
SENIOR INVESTMENT ADVISOR
SENIOR RELATIONSHIP MANAGER
INTERNAL COMPLIANCE OFFICER SENIOR INVESTMENT ADVISOR SENIOR INVESTMENT ADVISOR
CRISTINA LUISELLI
LUGANO LFA
Via F. Pelli 3, 6900 Lugano, Switzerland T. +41 91 921 37 52 F. +41 91 921 38 09 From the US. 01141 91 921 37 52
ZURICH LFA
Talstrasse 65, 8001 Zurich, Switzerland T. +41 43 497 35 81 F. +41 43 497 35 83 From the US. 01141 43 497 35 81
MIAMI LFG North America LLC
1395 Brickell Avenue, Suite 640 Miami, Florida 33131 T. +1 305.602.4337
[email protected] lfa.ch
You, as a US person, do not have to solely depend on your own financial system
or only on the US dollar. These risks can prudently be diversified with an investment por[olio held in Switzerland.
Geeng established is easy, fast and uncomplicated. We are are not more than a phone call or click away.
DISCLAIMER 17
This investment report and/or presenta;on prepared by Lugano Financial Advisors SA (“LFA”), contains selected informa;on and investment opportuni;es iden;fied by LFA. This document is based on sources believed to be reliable, accurate and complete. In par;cular, LFA shall not be liable for the accuracy and completeness of the statements es;mates and conclusions derived from the informa;on contained in this document.
Any informa;on in this document is purely indica;ve. This document is not a contractual document and/or any form of recommenda;on. It does not cons;tute an offer, a solicita;on, advice or recommenda;on to purchase, subscribe for or sell any financial instruments.
Under no circumstances, shall LFA be liable for any kind of damages, direct, indirect or non-‐contractual. Prices and rates indicated are subject to change without prior no;ce. The investments are valued at the market price as of the investment repor;ng date (e.g. stock exchange closing price, Net asset value or market maker price). Should no market price be available as of the investment repor;ng date, LFA shall use the last available price for the valua;on.
LFA shall assume no obliga;on to purchase or sell the investments at the reported market prices. The data provided in this investment report, which do not specifically refer to the account and custody account posi;ons of the client, are intended solely for the client’s own use and may not be passed on or used independently of the client-‐related data stated in this investment repor;ng. Reliance on the data contained in this investment report and any resul;ng act or omission on the part of the client or third par;es shall be at the client’s or third party’s own risk. Past performance should not be seen as an indica;on of future performance.
This investment report is not intended to be used for tax purposes. Please check this investment report and inform LFA of any discrepancies within 4 weeks.