Ermanno Ciarrocchi

Swiss Single Family Offices offer their C-level functions a wide pay range in terms of base salary and total compensation Attracting and retaining top talents, aligning the interests of stakeholders and executives, and fostering a pay-for-performance environment are crucial aspects in today’s corporate world. Compensation schemes play a significant role in addressing these objectives, particularly within Single Family Offices (SFOs), which are entrusted with managing and governing the wealth of single families. Exploring pay in this industry is even more compelling given that many of the recruited SFO professionals join from financial services, investment banking, law and consultancy firms which usually hold well-established compensation practices. This joint study, the first of its kind in Switzerland, draws upon HCM International Ltd.'s deep understanding of compensation and incentive schemes alongside the SFOA - Swiss Single Family Office Association to address the demand for enhanced transparency. This report aims to provide insights into incentive schemes for C-levels at Swiss SFOs. We are grateful to the author Stephan Hostettler and his HCM Team, and the SFOA Board Members Livio Gaido and Kurt Moosmann for jointly producing a compelling study on compensation schemes within Swiss SFOs. This new study, along with further information on our industry, can be found on our homepage (www.sfoa.ch). #singlefamilyoffices #familyoffices #familyoffice #executiverecruiting #generationaltransfer #familywealth #familybusiness #sme #wealthmanagement #sfoa #transferacrossgenerations

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New Customer Success Story from Alpian! 🤝 Alpian a fully regulated and licensed bank under the Swiss Financial Market Supervisory Authority (FINMA), ensures compliance with ASC's compliance-based cloud solution, seamlessly integrated into their operations for over a year. 💼 With ASC's Recording Insights in Microsoft Teams, Alpian maintains regulatory compliance, monitors quality, and improves customer experience through call recordings. 🔒 The efficient start of using the solution in less than a day due to the fast onboarding and ASC's focus on cognitive service innovations will be of great importance to Alpian in the near future. 🚀 Read the full story here 👇 https://lnkd.in/eTUtueCn #Compliance #Innovation #RecordingInsights #ASC #Alpian 🏔🇨🇭 #swissbusiness #approved

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In these uncertain economic times, marked by Health crisis, geopolitical tensions, and rising inflation, investing might seem daunting. But what if there was a secure way to grow your savings? 🏡 Our latest blog post reveals why Swiss real estate remains a steadfast option for investors seeking stability 👇 𝐄𝐍 : https://hubs.ly/Q02tBqJL0 𝐅𝐑 : https://hubs.ly/Q02tBqC90 𝐃𝐄 : https://hubs.ly/Q02tBxLy0 #RealEstateInvestment hashtag#SwissRealEstate hashtag#Inflation hashtag#Crisis

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According to our Swiss & Global Equity experts, positive links have been drawn between superior levels of value-creation, larger market capitalisations, and stable earnings estimates. Find out about the team’s tried and tested CFROI® investment concept. https://lnkd.in/ecVHEb39

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Regressionsmodell by RoboFOX..... #smi https://lnkd.in/ev_WpB5A https://lnkd.in/eiuf-2gv   #swissanalyseinvest #fondskennzahlen #robofox #foxlinkgmbh #innovation #assetmanagement #crypto #cryptonews #bitcoin #solana #btc #trading #fund #fonds #fundmanagement #research #lookthrough #fundlookthrough #fondsbreakdown #successstory #crypto #roboadvisor #proposal #strategy #etf #AI #KI #KNN #prediction #performance #successtory #backtesting #stockpicking #timing

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The Unique Value of Multi-Family Offices and Independent Wealth Managers in Switzerland The world of Multi-Family Offices (MFOs) and Independent Wealth Managers in Switzerland offers a compelling alternative to traditional banking services. These entities are dedicated to managing the wealth of affluent families, delivering tailored services and personalized support that go beyond the standard offerings of conventional banks. Holistic and Customized Approach MFOs and Independent Wealth Managers emphasize a holistic and customized approach, addressing the specific needs and long-term goals of their clients. This bespoke service includes not only asset management but also a wide range of additional services. Diverse Range of Services In Switzerland, MFOs provide a diversified suite of services extending beyond simple asset management. Their offerings often encompass: - Estate Planning: Ensuring the smooth transfer of wealth across generations. - Taxation: Providing strategies to optimize tax liabilities. - Family Governance: Helping families establish and maintain effective governance structures. - Philanthropy: Assisting clients in their charitable endeavors. - Concierge Services: Offering personalized assistance for various lifestyle needs. This integrated approach allows clients to gain a comprehensive view of their wealth and receive coordinated advice across multiple domains. Many MFOs operate independently of large financial institutions, enabling them to offer conflict-free advice. Flexibility and Responsiveness of Independent Wealth Managers Independent Wealth Managers bring increased flexibility and responsiveness to their clients. They are typically closer to their clients, facilitating direct communication and more personalized service. Their autonomy allows them to select the best financial products and services to meet their clients' needs without the constraints of in-house product offerings. Key Benefits for Private Clients Private clients often find value in MFOs and Independent Wealth Managers for several reasons: - Personalized Relationships: Clients receive highly customized service and personal attention. - Impartial Advice: The independence of these entities ensures objective and unbiased advice. - Confidentiality: MFOs and Independent Wealth Managers often offer greater discretion and confidentiality due to their smaller, more personalized structure. Conclusion Multi-Family Offices and Independent Wealth Managers in Switzerland distinguish themselves through their personalized approach, independence, and ability to offer integrated and tailored services. These attributes make them attractive alternatives for private clients seeking attentive and customized wealth management solutions. #WealthManagement #MFO #IndependentFinance #Switzerland #Investment

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👉 Getting started with Stewardship: Deep-dive on Governance & Stewardship Policies 👈 The Asset Management Association Switzerland (AMAS) and the Principles for Responsible Investment (PRI) are delighted to invite to the second roundtable on Stewardship. Join us for insightful roundtable discussions as asset managers or asset owners to engage in concrete insights on how to get started with stewardship! https://lnkd.in/eCcrSEZF

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Alpian Dreams Big! Client Base Doubles, Series C Funding CHF 76M Fuels Growth   "The future belongs to those who believe in the beauty of their dreams." - Eleanor Roosevelt   We're overjoyed to announce that Alpian's client base has doubled in just four months, with total assets surging towards CHF 100 Million! This incredible growth, alongside then announcement of our Series C, is a testament to our unwavering commitment to transforming the future of banking.   Explosive Growth: Doubling our client base and powering towards CHF 100 million in assets.   Series C Success: CHF 76M has been secured, with Fideuram—Intesa Sanpaolo Private Banking leading the way. CHF 40M is pending regulatory approval. This fuels our digital banking revolution.   Transformative Solutions: "Guided by Alpian": Personalized investment guidance for greater returns. Digital. Effortless. Easy.   Client-First Banking: Switzerland's leading interest rates and ultra-low forex fees.   Partnership Powerhouse: Collaboration with Fideuram - Intesa Sanpaolo drives innovation.   Investment Excellence: Our managed assets recorded an overall 14.28% net return up to April 30, 2024*. On average we generated more returns for our clients with 45% lower fees (a balanced CHF strategy yielded 6.6% in 20223 versus 3.3% typical wealth management performance according to Performance Watcher).*   Press Insights: Read the official press release here: https://lnkd.in/gZWvbe4e   Believe in better banking. Join the Alpian revolution today! #DigitalBanking #WealthManagement #Innovation #Investment #Banking #Alpian A heartfelt thank you to all Alpian employees, partners, and stakeholders who make the dream happen! *Disclaimer: Alpian, Data from 29/09/2022 to 30/04/2023. Any performance figures displayed account for the aggregate performance, net of fees, of all clients at Alpian. Individual investment returns may differ due to a variety of factors, including but not limited to, the date of investment and the investment strategy employed. For traditional banks, the source of the average management fees is "Moneyland Swiss Asset Management Survey 2023." 

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🚀 Exploring AI in Portfolio Management: Beyond the Hype of ChatGPT SILEX, in collaboration with SPHERE Swiss Financial Arena, is excited to host two exclusive breakfast events dedicated to Independent Wealth Managers and Family Officers, where we’ll dive into the latest advancements in AI for portfolio management: 📅 November 27, 2024 – Zurich, Baur au Lac Hotel (08:30-10:30) 📅 November 28, 2024 – Geneva, Metropole Hotel (08:30-10:30) While ChatGPT has gained widespread adoption, its design may not fully align with the demands of portfolio management. However, other AI models specifically tailored for investment management are offering real value by enhancing decision-making processes. Join us for insights from industry experts and academic leaders, including: Semyon Malamud, Associate Professor of Finance at EPFL and Swiss Finance Institute Senior Chair Alexis de Bernis, CTO at SILEX Thibault Morel, Equity Analyst at SILEX Moderated by Jérôme Sicard from SPHERE, the panel will explore the practical benefits and limitations of AI in portfolio management and present alternative models from both research and industry perspectives. 📩 To secure your place, please contact SPHERE at [email protected]. For EAMs only. Don't miss this opportunity to go beyond the hype and gain a deeper understanding of how AI is shaping the future of investment management. #AI #PortfolioManagement #Finance #WealthManagement #Investment #ArtificialIntelligence

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Raising money from family offices differs significantly from VC and PE. Most Swiss family offices have fewer than 5 employees but manage hundreds of millions or even billions. Unlike PE and VC firms, which have larger annual budgets for advisors and in-house research teams, family offices have limited research capacity. Consequently, they require more detailed information from you compared to VC and PE firms. #fundraising #familyoffices

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Xetra welcomes four new ETNs from Leonteq 🥁: Leonteq's new ETNs give investors access to overnight lending rates for overnight loans in Switzerland and the United States. The Leonteq CHF Overnight Return Index ETP represents the performance of the reference interest rate for overnight loan transactions in Switzerland, the Swiss Average Rate Overnight Interest Rate (SARON). The Leonteq USD Overnight Return Index ETP tracks the performance of the United States Secured Overnight Financing Rate (US-SOFR). Both ETNs are also available in a currency-hedged version against the euro. https://lnkd.in/ee6SA3gA #etns #xetratrading

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🌉A bridge between professional investors and Swiss SMEs🌟 At Kredo, we’re revolutionizing the way small and medium-sized enterprises (SMEs) access credit. But how do we do that? 🤔 We are the first Swiss fintech backed by a professional investment vehicle exclusively dedicated to financing Swiss SMEs: The Kredo Debt Fund I. This Luxembourg-based investment fund allows us to be highly efficient, make fast decisions, and remain fully independent from traditional lenders. 💼💡 Join us in creating a robust financial bridge between SMEs and professional investors. 🌐 Learn more at www.kredo.swiss. #SMEs #Investors #Fintech #CreditSolutions #BusinessGrowth

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Sharing Experiences and Perspectives on AI with Banque Cantonale Vaudoise. We would like to extend our heartfelt thanks to Banque Cantonale Vaudoise for allowing us to share our experiences regarding the integration of artificial intelligence within Swiss SMEs, particularly in our field of wealth management. For over a year now, at LM Capital, we have enthusiastically embraced the adoption of AI and Machine Learning. Our goal is to make our processes more efficient, our creativity more dynamic, and to automate essential tasks ranging from financial research to management report writing, as well as analyzing large datasets and creating marketing content. The integration of technologies such as ChatGPT into our daily routines has already significantly improved our efficiency. However, we are aware that this is just the beginning of a long and exciting journey. On a larger scale, one of the major challenges remains the ongoing training of the teams on new technologies and partnering with data scientists to enhance our integration capabilities. It is also essential to closely monitor the evolution of regulations surrounding AI in the financial sector, aware of its importance for our future. We remain committed to further exploring these technologies, convinced that artificial intelligence has the potential to radically transform wealth management. We see AI as a complementary tool that enriches and does not replace the role of wealth management experts. Far from reducing the workforce, it provides new knowledge and sources of wisdom, thus enabling more informed decision-making and more efficient asset management, all while enhancing the value added by our experts. The road is still long, and our commitment is firm. #ArtificialIntelligence #MachineLearning #DigitalTransformation #TechSwitzerland #BCV

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and here the Power Law by RoboFOX..... #nesn https://lnkd.in/ev_WpB5A https://lnkd.in/eiuf-2gv   #swissanalyseinvest #fondskennzahlen #robofox #foxlinkgmbh #innovation #assetmanagement #crypto #cryptonews #bitcoin #solana #btc #trading #fund #fonds #fundmanagement #research #lookthrough #fundlookthrough #fondsbreakdown #successstory #crypto #roboadvisor #proposal #strategy #etf #AI #KI #KNN #prediction #performance #successtory #backtesting #stockpicking #timing

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Fintech venture capital and sustainability! Fintech News Switzerland reports on the Swiss Sustainable Fintech Map, showcasing the growth of sustainable fintech companies. Learn about the companies driving this sector and their positive impact on the financial ecosystem. #Venture #VentureCapital #VC https://lnkd.in/giqUyHac

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Unveiling a New Era in Swiss Finance ​Are you a professional or institutional investor seeking innovative and impactful opportunities in the financial sector? Join us for a thought-provoking event exploring the potential of narrow banking in Switzerland. ​Narrow banking offers a secure model where client deposits are held safely without risky lending or other traditional banking practices. It is not a new idea, but three catalysts revived the topic recently: 1. ​With bankruptcies such as Silicon Valley Bank, Signature Bank and First Republic or the merger between UBS and Credit Suisse, the required regulator’s intervention brought back the topic of moral hazard (economic actor has an incentive to increase its exposure to risk because it does not bear the full costs of that risk). 2. ​Most central banks started paying interest to commercial banks, which was passed on only in a limited way, if at all. 3. ​Most companies as well as private individuals do not have the possibility to access the central bank directly to park their cash at their potentially preferred risk level. ​Could a Swiss narrow bank be a solution to that conundrum? A "Swiss Narrow Bank" project team was looking into such a feasibility and undermined its findings also with a market potential analysis together with the renowned Lucerne University of Applied Sciences and Arts (Hochschule Luzern, HSLU). ​In a first part, esteemed Professor Dr. Thomas K. Birrer, responsible for the study, will elaborate how he determine the multi-billion Serviceable and Addressable Market (SAM) in Switzerland. In a second part, the project team currently looking for funding, is presenting a possible implementation in Switzerland and explaining advantages of a potential narrow bank: - ​Yield: Higher yield than any current account, with low payment costs - ​Safety: Safer than any other bank - ​Innovation: Better than any stablecoin or deposit token, making Switzerland web3-ready ​​The event is targeted at the study participants and potential professional and institutional investors for a Swiss narrow bank (e.g. pension funds, asset managers, venture funds etc.). ​Uncover the potential of a groundbreaking financial model. RSVP today (approval required): https://lnkd.in/dbyEUGSc ​​Program: ​18h00-18h30: Registration ​18h30-18h50: Swiss Narrow Banking study results ​18h50-19h20: Swiss Narrow Bank Project introduction ​19h20-19h30: Q&A ​19h30-20h30: Apero and networking ​​PS: Room and dial-in will be provided with registration confirmation. #NarrowBanking I #Finance I #FinTech I #Web3 I #innovation I #investments I #Banking

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📣 Exciting news! Our newest benchmarking study on online and mobile banking functionalities is now available! Discover the latest insights from our analysis of Swiss retail banks and selected neobanks in 2024.   🤝 Our benchmarking study, conducted by Institut für Finanzdienstleistungen Zug IFZ and e.foresight - Digital Banking Trendscout, continues to establish its reputation among Swiss banks. Exclusive access to raw data is available to e.foresight clients, ensuring you get the most comprehensive insights.   📈 Our key findings highlight a significant discrepancy in service provision across banks. The "Website & General Service" sector has emerged as the leader, with a 42% penetration rate, surpassing #eBanking at 37%. Meanwhile, #mBanking trails slightly at 31%.   🎯 Leverage our long-term data series to track the evolution of mobile banking and e-banking, supporting your strategic decision-making. As an e.foresight client, you gain a competitive edge with access to exclusive raw data, empowering you to optimize your mobile and e-banking offerings.   💼 Looking for tailored advice on 'Digital Retail Banking'? We're just a message away! Exclusive access to raw data is available to e.foresight clients.   #DigitalBanking #benchmarking2024 #onlinebanking #mobilebanking

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