FAQ – Frequently asked Questions

Below are some of the most frequently asked questions that we receive.

Where are clients’ assets deposited?

The assets are deposited under the name of the client, in a segregated account, in one of the first-class Swiss banks we work with.

What kind of power does Alpenrose hold on the account?

Alpenrose has a limited power of attorney on the account, i.e. we can manage the assets but cannot wire money or securities out of the account.

How do I get information on my account?

The clients benefit from all the services provided by the custodian bank, i.e. internet access, monthly statement and tax reporting among others.

Can I start working with Alpenrose with my current bank?

Yes, Alpenrose can take the management of your account if it is held at one of the four Swiss banks with whom we have agreements. We can also help you choose the best bank with which to open an account.

Can I start working with Alpenrose with an existing portfolio?

Yes, we can take over your current holdings and start managing your portfolio.

Can I close my account and/or revoke the limited power of attorney to Alpenrose?

Yes, you can do both at any time and at no cost.

Will I pay more by having a custodian bank and an independent asset management firm like Alpenrose?

No, in fact you should pay less, as we have been able to negotiate competitive pricing with the banks. We also manage our clients’ assets in their best interests; we invest only in the best products available in the market and don’t trade to generate commissions.

How confidential will my account be?

Alpenrose, as well as all the Swiss banks we are working with, is subject to the Swiss banking secrecy laws. Giving account information is considered as a criminal offence in Switzerland and is subject to heavy jail sentences.

© 2017 Alpenrose Wealth Management International AG