Frequently Asked Questions (FAQ)

Swiss accounts are renowned for their stability, security, and confidentiality. Switzerland has a long-standing tradition of financial privacy and robust banking regulations, ensuring that your assets are safeguarded.

Opening an account with Pictet North America Advisors (PNAA) provides access to bespoke wealth management services, including tailored investment strategies, and a dedicated team of experts. Clients benefit from a non-US-centric approach, a high level of confidentiality, a range of investment options, and the advantages of jurisdictional diversification across international markets.

Generally, we believe that a minimum discretionary or advisory account size of approximately USD 5,000,000 allows for adequate diversification of account assets.

Your account is highly accessible through Pictet's secure online platform, which allows you to monitor your investments, view account statements, and manage your portfolio from anywhere in the world. Additionally, you have direct access to your relationship manager for personalized support.

Your assets can be held with a custodian of your choice. PNAA offers flexibility by working with both affiliated and non-affiliated custodians, allowing you to select the custodial solution that best meets your needs. If you select a non-affiliated custodian, PNAA will work with you and your chosen custodian to ensure you receive the necessary reports and services directly from them.

Alternatively, if you choose to use an affiliated custodian, such as Pictet, you will enter into a separate custodial arrangement directly with Pictet. As a qualified custodian with booking centers in key financial hubs like Geneva and Luxembourg, Pictet provides a comprehensive range of custodial services, including trade settlement, asset valuation, and account reporting.

Your relationship manager may be located in Zurich or Geneva, Switzerland. Pictet North America Advisors operates from its offices in Zurich at Bahnhofstrasse 32, 8001 Zurich, and in Geneva at Route des Acacias 60, 1211 Geneva 73. Additionally, relationship managers travel to the United States and Canada to meet with clients, ensuring personalized service and maintaining close relationships.

As a client of PNAA, you will receive detailed and customized reporting tailored to your needs. Pictet provides comprehensive account statements directly to clients on a quarterly or more frequent basis. These reports include information on the valuation of assets, account activity, tax information statement, and other relevant financial details.