GET ESTABLISHED IN SWITZERLAND FROM THE COMFORT OF YOUR HOME

Through a Swiss wealth manager, a custodian account can be established with a Swiss and/or, in the case of some Swiss wealth managers, a US custodian or Canadian custodian.

A US or Canadian client chooses a custodian in collaboration with a Swiss wealth manager and gives the wealth manager a discretionary mandate with a limited power of attorney to manage the account (or an advisory mandate) held with the custodian.

Swiss wealth managers may collaborate with several Swiss and/or US and Canadian custodians, the choice is yours.

SOME SWISS CUSTODIANS

Bank J. Safra Sarasin, Bordier & Cie SCmA, Dreyfus Banquiers, DZ Bank, Edmond de Rothschild (Suisse) S.A., EFG International, Julius Baer, Rahn + Bodmer, Reichmuth & Co., Syz, UBP, UBS.

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.

SWISS SEC RIAS WORKING WITH US CUSTODIANS

SOME US CUSTODIANS

Merrill Lynch, Morgan Stanley, HSBC, Citi, Interactive Brokers, Alex Brown/Raymond James.

By using a US custodian, US clients are not subject to FATCA and FBAR reporting requirements.