SLIDE 1
This publication is for your information only and is not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in this publication reflect our current views as of the date of the publication and may be liable to change without notice.
LFA SA | Zurich office | Talstrasse 65, 8001 Zurich, Switzerland | T: +41 43 497 21 05 | marty@lfa.ch | lfa.ch
Registered with the US Securities and Exchange Commission as an investment advisor
Wealth management “Made in Switzerland” for the discerning US investor
“US clients appreciate access to current market outlooks from an international perspective, global investment opportunities and unbiased advice that provides recognizable added value. It can help to protect and increase their assets, coupled with the traditional Swiss commitment to excellence.” René Marty, CEO
SLIDE 2 This publication is for your information only and is not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in this publication reflect our current views as of the date of the publication and may be liable to change without notice.
LFA SA | Zurich office | Talstrasse 65, 8001 Zurich, Switzerland | T: +41 43 497 21 05 | marty@lfa.ch | lfa.ch RENÉ MARTY CEO SENIOR RELATIONSHIP MANAGER
INTERNATIONAL DIVERSIFICATION
DIVERSIFY the risk of holding all of your assets in one market, one financial system and one currency TAKE ADVANTAGE of a broad range of international investment opportunities in various currencies GAIN the insights and perspectives of globally- experienced wealth managers SEEK safety in a solid and stable environment PROFIT from Switzerland‘s long-term standing as the global leader for private wealth management + US tax-compliant solutions + Specifically designed for US clients + Choice of Swiss or US custodian bank
LFA provides multi-currency, multi-asset investment portfolios to US clients for international and jurisdictional investment diversification “Made in Switzerland”
INDEPENDENT Unbiased advice, LFA is not affiliated with a bank or other financial institution, client-focused HIGHLY EXPERIENCED SPECIALISTS Specialists in US client-related wealth management with tried and proven wealth management services DISCRETIONARY AND ADVISORY MANDATES with strategies customized to your needs and goals CO-COUNSEL with your local advisor to create a complementary investment portfolio
SWITZERLAND
STABILITY Long-term political and economic stability, strong currency NEUTRALITY Since 1815, established by the Treaty
GLOBAL LEADER Manages 25% of cross-border managed assets worldwide, highest standards SECURITY Financial institutions strictly regulated by the Swiss Financial Markets Supervisory Authority CONFIDENTIALITY High regard for personal privacy and confidentiality + Competitive pricing + Easy to get established + LFA offices in Lugano, Zurich and Miami
Registered with the US Securities and Exchange Commission as an investment advisor
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SLIDE 3 This publication is for your information only and is not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in this publication reflect our current views as of the date of the publication and may be liable to change without notice.
LFA SA | Zurich office | Talstrasse 65, 8001 Zurich, Switzerland | T: +41 43 497 21 05 | marty@lfa.ch | lfa.ch
INTERNATIONAL DIVERSIFICATION
DIVERSIFY the risk of holding all of your assets in one market, one financial system REDUCE your exposure to potential depreciation of the US dollar TAKE ADVANTAGE
- f a broad range of international investment opportunities in various currencies
GAIN the insights and perspectives of globally-experienced wealth managers SEEK safety in a solid and stable environment PROFIT from Switzerland‘s long-term standing as the global leader for private wealth management
Registered with the US Securities and Exchange Commission as an investment advisor
INTERNATIONAL DIVERSIFICATION
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SLIDE 4
This publication is for your information only and is not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in this publication reflect our current views as of the date of the publication and may be liable to change without notice.
LFA SA | Zurich office | Talstrasse 65, 8001 Zurich, Switzerland | T: +41 43 497 21 05 | marty@lfa.ch | lfa.ch
MADE IN SWITZERLAND
STABILITY Long-term political and economic stability, strong currency NEUTRALITY Since 1815, affirmed by the Treaty of Paris GLOBAL LEADER Manages 25% of cross-border managed assets worldwide, highest standards SECURITY Financial institutions strictly regulated by the Swiss Financial Markets Supervisory Authority QUALITY Highly efficient systems, highly qualified personnel CONFIDENTIALITY High regard for personal privacy and confidentiality
MADE IN SWITZERLAND
Registered with the US Securities and Exchange Commission as an investment advisor
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SLIDE 5
This publication is for your information only and is not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in this publication reflect our current views as of the date of the publication and may be liable to change without notice.
LFA SA | Zurich office | Talstrasse 65, 8001 Zurich, Switzerland | T: +41 43 497 21 05 | marty@lfa.ch | lfa.ch
Registered with the US Securities and Exchange Commission as an investment advisor
LFA AT YOUR SERVICE
INDEPENDENT Unbiased advice, LFA is not affiliated with a bank or other financial institution, client- focused HIGHLY EXPERIENCED SPECIALISTS Specialists in US client-related wealth management with tried and proven wealth management services SPECIALIZED ESTATE PLANNING for transferring funds to the next generation DISCRETIONARY AND ADVISORY MANDATES with strategies customized to your needs and goals INVESTMENT MANAGEMENT utilizing a disciplined investment process supported by quantitive tools, based on efficient investing, alpha generation, open architecture STRATEGIES include long and short-term investments, margin transactions and option writing including covered and uncovered options
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SLIDE 6 This publication is for your information only and is not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in this publication reflect our current views as of the date of the publication and may be liable to change without notice.
LFA SA | Zurich office | Talstrasse 65, 8001 Zurich, Switzerland | T: +41 43 497 21 05 | marty@lfa.ch | lfa.ch
Registered with the US Securities and Exchange Commission as an investment advisor
LFA AT YOUR SERVICE
GLOBAL REPORTING consolidated, detailed wealth reports on a client’s or family’s global financial situation TAX REPORTING Together with the custodian bank and LFA, all required documents are prepared, reviewed for accuracy and delivered COMPETITIVE pricing TRANSPARENCY
CO-COUNSEL with your local advisor to create a complementary investment portfolio CANADA LFA is registered with Ontario Securities Commission (OSC) and the Québec Autorité des Marchés Financiers (AMF) as a Portfolio Manager
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SLIDE 7
This publication is for your information only and is not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in this publication reflect our current views as of the date of the publication and may be liable to change without notice.
LFA SA | Zurich office | Talstrasse 65, 8001 Zurich, Switzerland | T: +41 43 497 21 05 | marty@lfa.ch | lfa.ch
Registered with the US Securities and Exchange Commission as an investment advisor
INVESTMENT MANAGEMENT
Multi- currency Portfolio construction Trade execution Best in class Managers’ selection Tax-efficient investing Access to best in class research analyst Sustainable portfolios Multi-asset financial advice
RESULT A broader spectrum of investment ideas, aimed at taking advantage of the gap between conventional thinking and economic reality 7
SLIDE 8
This publication is for your information only and is not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in this publication reflect our current views as of the date of the publication and may be liable to change without notice.
LFA SA | Zurich office | Talstrasse 65, 8001 Zurich, Switzerland | T: +41 43 497 21 05 | marty@lfa.ch | lfa.ch
Registered with the US Securities and Exchange Commission as an investment advisor
LFA STRATEGIES
LOW Maximum: Money Market 100%, Fixed Income 100%, Other Currencies 20% MODERATE Maximum: Money Market 100%, Fixed Income 90%, Equity 30%, Metals, Commodities, Alternative Investments etc. 30%, Other Currencies 30% MEDIUM Maximum: Money Market 100%, Fixed Income 70%, Equity 60%, Metals, Commodities, Alternative Investments etc. 40%, Other Currencies 50% HIGH Maximum: Money Market 100%, Fixed Income 50%, Equity 100%, Metals, Commodities, Alternative Investments etc. 50%, Other Currencies 80%
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SLIDE 9
This publication is for your information only and is not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in this publication reflect our current views as of the date of the publication and may be liable to change without notice.
LFA SA | Zurich office | Talstrasse 65, 8001 Zurich, Switzerland | T: +41 43 497 21 05 | marty@lfa.ch | lfa.ch
Registered with the US Securities and Exchange Commission as an investment advisor
LFA STRATEGIES
Low Moderate Medium High
0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0% 10.0% 11.0% 12.0% Strategic Asset Allocation - Expected return and risk, per risk profile 9
SLIDE 10
This publication is for your information only and is not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in this publication reflect our current views as of the date of the publication and may be liable to change without notice.
LFA SA | Zurich office | Talstrasse 65, 8001 Zurich, Switzerland | T: +41 43 497 21 05 | marty@lfa.ch | lfa.ch
Registered with the US Securities and Exchange Commission as an investment advisor
US CLIENT – LFA - CUSTODIAN BANK RELATIONSHIP
US CLIENT SWISS CUSTODIAN BANK US CUSTODIAN BANK Discretionary / Advisory mandate LFA is the designated asset manager and receives a limited power of attorney to manage the client’s account with the bank
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SLIDE 11 This publication is for your information only and is not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in this publication reflect our current views as of the date of the publication and may be liable to change without notice.
LFA SA | Zurich office | Talstrasse 65, 8001 Zurich, Switzerland | T: +41 43 497 21 05 | marty@lfa.ch | lfa.ch
Registered with the US Securities and Exchange Commission as an investment advisor
ORGANIZATION
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
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SLIDE 12
This publication is for your information only and is not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in this publication reflect our current views as of the date of the publication and may be liable to change without notice.
LFA SA | Zurich office | Talstrasse 65, 8001 Zurich, Switzerland | T: +41 43 497 21 05 | marty@lfa.ch | lfa.ch
Registered with the US Securities and Exchange Commission as an investment advisor
CENTER OF COMPETENCE
RENÉ MARTY CEO, SENIOR RELATIONSHIP MANAGER René is CEO since June 2017. With over 25 years of experience in the Swiss banking sector, he has been dedicated to working with US clients since 2005. He was previously CEO of UBS Swiss Financial Advisers AG. Past professional positions include Head of Sales and Relationship Management for Credit Suisse Private Advisors AG and Portfolio Manager with the former Swiss Bank Corporation in Toronto, Canada. He holds a Bachelor’s Degree in Business Administration, with a focus on finance and economics and also received a certificate from Kellogg School of Management at Northwestern University for the Global Advanced Management Program.
SIRO SPELLINI SENIOR RELATIONSHIP MANAGER
Siro has over 25 years of experience in the financial sector, starting his career with UBS, Zurich. He has represented the interests of high- net-worth clients in North America, South America and Europe. He has managed units of private banking in London, New York and Lugano, Switzerland. He holds a Bachelor in Business He co-founded LFA and is President of the Board of LFG Holding SA. He provides his management skills to both LFA and LFG Investment Consulting SA.
FRANCESCO BERNASCONI SENIOR RELATIONSHIP MANAGER
Francesco entered the financial sector in 1994. He started with UBS as a financial consultant and advisor. Thereafter, he continued his career as an investment portfolio advisor and in 2004 became a specialist for US investors. With a master’s degree in international taxation and finance, he is able to serve the diverse needs of international clients. He addresses a variety of financial services; including tax management, real estate, asset management and financial consulting. In 2010, he co-founded LFA. He is also engaged as a Board Member and Managing Partner of LFG Holding SA.
MICHEL GUIGNARD SENIOR RELATIONSHIP MANAGER
Michel joined LFG Holding SA in 2014 of which he is CEO and a Member of the Board. His wealth management career began in 1980 at Swiss Bank Corporation. After working in the USA and Germany, he held several senior management positions at some of the largest, global wealth management firms. His focus is on serving families with comprehensive and complex financial requirements from the US and Latin America. He holds a bachelor in business administration, is a Certified International Investment Analyst CIIA, and a financial planner. He is also a board member of SRIAA, the Association for Swiss SEC-registered investment advisors based in Zurich, Switzerland. 12
SLIDE 13 This publication is for your information only and is not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in this publication reflect our current views as of the date of the publication and may be liable to change without notice.
LFA SA | Zurich office | Talstrasse 65, 8001 Zurich, Switzerland | T: +41 43 497 21 05 | marty@lfa.ch | lfa.ch
Registered with the US Securities and Exchange Commission as an investment advisor
CENTER OF COMPETENCE – INVESTMENT MANAGEMENT
NICCOLÒ BADOGLIO CHIEF INVESTMENT OFFICER Niccolò has 12 years of experience in the financial industry in both portfolio management and asset management. He has managed discretionary and advisory mandates for both private and institutional clients and has managed fixed income funds and funds-of-hedge-
- funds. Before Joining LFA in 2014 he worked as portfolio manager at Heron Asset Management, Colombo Gestioni Patrimoniali and Arner
- Bank. He holds an honors degree in economics from the University of Bologna and certifications as Chartered Financial Analyst (CFA),
Chartered Alternative Investments Analyst (CAIA) and Financial Risk Manager (FRM).
LUCA BOSIA SENIOR INVESTMENT ADVISOR
Luca has over 12 years of experience in the financial sector and holds a master degree of science in banking and finance (MBF) from Lausanne University. From 1999 to 2004 he worked as an investment advisor in the UBS Wealth Management & Business Banking in Zurich, Geneva and Lugano. From 2004 to 2008 he was responsible for the promotion and development of the structuring and marketing department at Thalia SA, a fund-of-hedge-funds company owned by the Generali Group. In 2008, he was responsible for asset management at GVM Consulting and in 2009 he joined LFA as Chief Investment Officer and as of January 2016 as an investment advisor.
PAOLO PANZA SENIOR INVESTMENT ADVISOR
Paolo joined LFA in 2014 after completing the M.Sc. Finance from the University of Lausanne, specializing in financial analysis. He worked as a portfolio manager in the Zurich office before moving to a Senior Investment Advisor position in Lugano. After completing his graduate studies, he enrolled and completed the three levels of the CFA Chartered Financial Analyst program and is now waiting for official recognition of the charter. A multi-asset class advisor, his areas of expertise include fundamental analysis and market anomalies. 13
SLIDE 14
This publication is for your information only and is not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in this publication reflect our current views as of the date of the publication and may be liable to change without notice.
LFA SA | Zurich office | Talstrasse 65, 8001 Zurich, Switzerland | T: +41 43 497 21 05 | marty@lfa.ch | lfa.ch
Registered with the US Securities and Exchange Commission as an investment advisor
LFA IS STRICTLY REGULATED
USA Registered with the SEC as an investment advisor since January 2010, CRD# 152864, SEC# 801-71074 SWITZERLAND Member of OAD FCT, a self-regulatory organization regulated by FINMA Swiss Financial Market Supervisory Authority AUDITOR PFK Certifica SA EXTERNAL COMPLIANCE ADVISOR Vanderbrook Partner Compliance Solutions GmbH (US lawyer) SEC LFA ADV Part 2 Brochure DOCUMENTATION US Compliance Manual, LFA Code of Ethics CRISTINA LUISELLI COMPLIANCE OFFICER 14
SLIDE 15 This publication is for your information only and is not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in this publication reflect our current views as of the date of the publication and may be liable to change without notice.
LFA SA | Zurich office | Talstrasse 65, 8001 Zurich, Switzerland | T: +41 43 497 21 05 | marty@lfa.ch | lfa.ch
Registered with the US Securities and Exchange Commission as an investment advisor
CONTACT LFA
Getting established is easy, quick and uncomplicated, LFA will guide the way. We are not more than a phone call or click away. 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
info@lfa.ch lfa.ch Follow LFA on LinkedIn, Twitter, YouTube and Facebook 15
SLIDE 16 This publication is for your information only and is not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in this publication reflect our current views as of the date of the publication and may be liable to change without notice.
LFA SA | Zurich office | Talstrasse 65, 8001 Zurich, Switzerland | T: +41 43 497 21 05 | marty@lfa.ch | lfa.ch
Registered with the US Securities and Exchange Commission as an investment advisor
DISCLAIMER
This investment report and/or presentation prepared by Lugano Financial Advisors SA (“LFA”), contains selected information and investment opportunities identified by
- LFA. This document is based on sources believed to be reliable, accurate and complete. In particular, LFA shall not be liable for the accuracy and completeness of the
statements estimates and conclusions derived from the information contained in this document. Any information in this document is purely indicative. This document is not a contractual document and/or any form of recommendation. It does not constitute an offer, a solicitation, advice or recommendation 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
- notice. The investments are valued at the market price as of the investment reporting date (e.g. stock exchange closing price, Net asset value or market maker price).
Should no market price be available as of the investment reporting date, LFA shall use the last available price for the valuation. LFA shall assume no obligation 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 positions 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 reporting. Reliance on the data contained in this investment report and any resulting act or omission on the part of the client or third parties shall be at the client’s or third party’s own risk. Past performance should not be seen as an indication 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.
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