Description

Geneva, Switzerland

Business ID: L#20250969

Licensed directly by FINMA, Bern, under article 17 of de LEFin (Asset & Portfolio Management Provisions), fully compliant & qualified financial Asset Management Business.

The Asset Management, Remittance Business, incorporated in 2018 at the heart of cosmopolitan Geneva, with modern office facilities on the prestigious Rue du Rhône, giving access to various amenities, within a close vicinity of the downtown area and the city’s renowned financial district.

The company comes with personnel and licenses and affiliation paid for the first year of operations. A unique opportunity to acquire an existing and operating, well-established Asset Management Firm, existing banking relationships with Switzerland’s top tier banks and a peerless reputation.

Keypoints

Place of incorporation: Geneva, Switzerland
Date of incorporation: 2018
Paid up capital: CHF 100,000,-
Corporate purpose: The company’s purpose is wealth management, in particular through the design and promotion of structured financial solutions of all kinds; the provision of advice, financial analysis and assistance in economic and financial fields related to wealth management, asset financing and international trading; the organization of events, in particular conferences and training seminars; and the dissemination of information.

It may also carry out, either on its own behalf or on behalf of third parties, any financial, commercial, securities or real estate transactions directly or indirectly related to its corporate purpose or likely to further it, and take an interest, in any form, in any similar undertakings.

Banking relationship(s)

Active and operating multicurrency bank accounts with:

• ZYS Bank, Geneva
• Sturdza Bank, Geneva
• Swissquote (Switzerland)
• Arab Bank, Geneva
• CIM Bank, Geneva
• CBH Bank, Geneva

Currently deployed activities

• Asset Management
• Wealth Management
• Portfolio Management
• Discretionary and Advisory Mandates
• Family Office
• Arbitrage
• Settlement services
• Escrow services

Authorizations held

• Traditional Asset & Portfolio Management (unlimited volume of assets)
• Discretionary & Advisory Mandates
• Family Office Services
• Third party client and escrow services
• Financial Advisory and Client introductory services
• Credit transactions (in particular in relation to consumer loans or mortgages, factoring, commercial financing or financial leasing)
• Other services related to payment transactions, exchange, credit transactions, in particular: electronic transfers on behalf of third parties
• The company trade for own account or for other third parties in: banknotes and coins, money market instruments, foreign exchange, precious metals, commodities and securities (stocks and shares and value rights) as well as their derivatives;
• Commodity trading
• Securities trading
• Depository services make investments as investment advisers;
• hold securities on deposit or manage securities

Key Features of the Asset & Portfolio Management & Remittance Business

• Asking Price: Upon request
• Established: in 2018 (over 5 years market presence & experience)
• Legal Domicile: Geneva, Switzerland (possibility of opening branches across Switzerland)
• Prestigious Rue du Rhône, Geneva offices
• Well-established with the local and international community, renowned for its quality and meticulous services.
• Type of License Held: FINMA, Bern, Asset, Portfolio Management & Family Office license held since 2022. fully compliant & qualified under Art. 17, section 1. of the LEFin, including AMLA compliance under provisions of FINMA
• Fully audited & compliant (annual reports filed periodically with the authorities)
• Current Board and Staff ready to remain in position during transition period and beyond
• Multiples operating, management, broker and custody accounts held with Switzerland’s top tier banks
• Management & Commission Agreements with numerous top tier Swiss banks in place
• No debts, liabilities or encumbrances of any kind, no pending lawsuits, all tax returns filed and paid to date (comes with a letter of good standing issued by Confederation of Switzerland)
• Foreign purchaser and shareholders are allowed (upon initial KYC, vetting and approval)
• Possibility of converting into a fully-fledged Bank

Included in the sales price

Costs paid in advance for the first year of operations:

• The mandatory Swiss Resident Director
• The required AML Compliance Officer
• License fees: 1 year
• Registered Officer Address
• Administration and Accounting Services
• AML Audit