Firm Description
Finaport was founded in 2007 to provide
investment management and advisory services
to persons and entities who are residents of the
United States and United States citizens located
overseas (U.S. Persons”). Located in Switzerland,
the Firm has been established to afford U.S.
Persons an opportunity to avail themselves of
investment management and advisory services
that focus on a broad range of international
markets and multi-currency alternatives, in
addition to U.S. dollar-based investments in the
U.S. markets. Finaport also serves US taxpayers
or dual citizens living outside the US and in
certain cases may work with clients who are not
resident in the US or US taxpayers.
Principal Owners
Finaport is 100% owned by Finaport Holding Ltd,
which is owned by Mr Hellmut Schuemperli
(50%) and Mr Alexei Borissov (50%).
Services
Finaport provides wealth management solutions
to high-net-worth individual clients as well as
companies and it offers both discretionary asset
management (investment management
mandates) and non-discretionary investment
advisory services (investment advisory
mandates). Each client’s assets are managed in a
separate account (an “account”) maintained at a
third-party financial institution.
Finaport’s client portfolios are diversified across
a variety of asset classes, including cash, US
dollar and non-US dollar currencies, defensive
strategies in marketable securities, growth
strategies in marketable securities, and, in
certain cases, private investments. Accounts
may include, without limitation: equity
securities, fixed income securities, limited
partnership interests, mutual funds, exchange
traded funds, hedge funds, options, structured
product investments, digital assets and other
alternative investments consistent with a client’s
suitability, his or her overall investment strategy,
and his or her risk tolerance. Generally, client
investments are concentrated in non-US
securities consistent with most clients’ objective
of obtaining jurisdictional diversification from
the US.
Whilst generally Finaport makes investments
with a longer time horizon, Finaport may
recommend changes to allocations in an attempt
to take advantage of conditions in the current
economic environment whilst being sensitive to
transaction costs and taxes, as applicable. Such
allocation changes may involve short-term
underweight or overweight positions to various
asset classes designed to capitalize on current
economic conditions over the short-term.
Finaport’s advice is limited to the types of
securities and transactions as set forth in Item 8.
Finaport does not render any legal or tax advice.
Discretionary Asset Management Services
Finaport offers discretionary asset management
services whereby Finaport has the authority to
supervise and direct the investments of and for
each client’s account without prior consultation
with the client. Finaport determines the
securities that are bought and
sold for the
client’s account and the total amount of the
purchases and sales. Finaport’s authority may be
subject to conditions imposed by individual
clients as set forth and agreed upon in the
investment management agreement entered
into between Finaport and the client. For
example, a client may restrict or prohibit
transactions in certain types of securities.
Finaport seeks to obtain a rate of return
consistent with each client’s objectives, risk
tolerance, future liquidity requirements and
potential tax and legal restrictions. Generally,
Finaport manages each client’s portfolio in line
with model portfolios constructed by the
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investment committee of the firm. However,
these model portfolios serve only as a general
guide and not every client’s portfolio will
replicate the model portfolio as a result in
differences in client risk tolerance, tax
ramification, client specifications, liquidity and
timing.
Finaport currently offers Its clients the following
Investment Strategies that do not correlate with
each other.
• Investment Committee Strategy (with
division by risk appetite: conservative,
balanced and growth)
• FPSDM (Finaport Systematic
Discretionary Mandate) (with division by
risk appetite: conservative, balanced
and growth)
• The ALL-IN Strategy
• Tailored client services
• Cryptocurrency Strategy
Client Accounts within these strategies are
broadly manage, d in a similar manner. However,
differences in each portfolio may occur due to
client-specific investment objectives, risk
tolerance, time horizon, liquidity needs, tax
considerations, reference currency, legal
restrictions and overall suitability.
Non-discretionary Asset Management Services
For clients who desire a non-discretionary
investment advisory service, Finaport offers
investment advice similar to its discretionary
asset management service in a non-
discretionary mandate whereby prior
consultation and client approval is required
before Finaport purchases or sells any security.
Finaport works with its non-discretionary clients
to define their investment objectives and
consults with each client on a regular basis with
investment suggestions in line with the defined
objectives.
If explicitly required by a non-discretionary
client, Finaport may implement investment
ideas which do not pertain to Finaport’s
investment universe. Finaport will disclose to the
client if an investment idea is not part of
Finaport’s investment universe.
Wrap Fee Programs
Finaport does not participate in wrap fee
programs. This means the custodian and
Finaport will always invoice separately therefore
the client has full transparency of the fees
charged.
Assets under Management
Finaport managed approximately USD 90.8
million on a discretionary basis and
approximately USD 56.1 million on a non-
discretionary basis, for a total of approximately
USD 146.9 million as of December 31, 2023.