Overview
Firm Description
St. Columbanus AG (“Columbanus” or “the
Company” or “we”), a Swiss corporation based in
Teufen, provides dedicated investment advisory
services to client’s resident in the United States
(“US”). We also serve US taxpayers or dual citizens
living outside the US. Columbanus commenced
operations in 2011. In November 2013, the
company repositioned itself with an exclusive focus
on US Persons.
Principal Owner
The principal owner of St. Columbanus AG is Jose
M. Soriano Jr.
Services
Columbanus offers both discretionary asset
management and non-discretionary investment
advisory services. Columbanus provides portfolio
management consistent with the circumstances,
preferences and objectives of each client.
Investment advisory services are provided based
on the individual needs and investment objectives
of each client as communicated to Columbanus.
Specifically, the structure for each client’s
investment program is created in the context of
certain considerations such as expected returns,
risk tolerance, future liquidity requirements and
potential tax and legal restrictions. Each client’s
assets are managed in a separate account (an
“Account”) maintained at a third-party financial
institution.
Columbanus’ client portfolios are designed to meet
client’s individual objectives. Accounts may include,
without limitation: equity securities, fixed income
securities, limited partnership interests, mutual
funds, exchange traded funds, hedge funds, and
other alternative investments consistent with a
client’s objective, risk tolerance, reference
currency, tax situation, investment time horizon and
overall suitability. For the purpose of diversification,
client accounts may hold non-dollar securities in
markets outside the United States.
Whilst generally Columbanus makes investments
with a longer time horizon, Columbanus 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
changes may involve underweight or overweight
positions designed to capitalize on current
economic conditions over the short-term.
Columbanus’ advice is limited to the types of
securities and transactions as set
forth in Item 8.
Columbanus does not render any Legal or Tax
advice.
Discretionary Service
Columbanus offers a discretionary asset
management service designed for investors who
wish to have their assets fully managed by
Columbanus. This service provides asset
allocation, investment selection and active portfolio
management including portfolio rebalancing in
accordance with a client’s stated objectives,
investment time horizon, risk tolerance, and tax
situation. Company purchases and sells securities
for the client’s Account without prior consent of or
notification to the client. Company determines the
securities that are bought and sold for the client’s
Account and the total amount of the purchases and
sales.
Columbanus’ authority may be subject to conditions
imposed by individual clients as set forth and
agreed upon in the asset management agreement
entered into between Columbanus and the client.
For example, a client may restrict or prohibit
transactions in certain types of securities.
Investment Advisory Service
Columbanus also offers investment advisory
service on a non-discretionary basis which is similar
to the discretionary portfolio management service in
terms of; however, Columbanus requires client
consent before effecting any securities transaction.
The Company provides portfolio advice and trading
recommendations but all decisions regarding the
investment of the Account reside with the client.
This service is designed for clients who desire
holistic management of their Account but who want
to retain involvement in every investment decision.
As a result, clients under this service offering may
not be invested in the same manner as those clients
with the Discretionary Asset Management service.
If explicitly required by a non-discretionary client,
Columbanus may implement investment ideas
which do not pertain to Columbanus’ investment
universe. Columbanus will disclose to the client, if
an investment idea is not part of its investment
universe.
Wrap Fee Programs
Columbanus does not participate in wrap fee
programs.
St. Columbanus AG CRD 169895 4
Assets under Management and Advisement
Columbanus managed approximately $42.3 million
on a discretionary and approximately $11.7 million
on a non-discretionary basis as per December
2023.