Swiss & US custodians
Bank J. Safra Sarasin, Dreyfus Banquiers, DZ Bank, EFG International, Julius Baer, Rahn + Bodmer, Reichmuth & Co., Syz, UBP, UBS, Vontobel.
The Swiss custodian adheres to FATCA requirements and issues all the statements and documents required for timely FBAR and correct tax reporting with the IRS.
Some US custodians:
Interactive Brokers, Merrill Lynch, Morgan Stanley, HSBC.
By using a US custodian, US clients are not subject to FATCA and FBAR reporting issues.
Swiss SEC RIAs working with US custodians:
A US client chooses a custodian in collaboration with a Swiss SEC RIA and gives the Swiss SEC RIA a discretionary mandate with a limited power of attorney to manage the account held with the custodian (or an advisory mandate). Swiss SEC RIAs may collaborate with several Swiss and/or US custodians, the choice is yours.