Pictet North America Advisors (PNAA) offers both discretionary and non-discretionary investment services. With discretionary services, PNAA manages your investments based on your goals and restrictions. With non-discretionary services, PNAA provides advice, but you make the final investment decisions. PNAA tailors its advice to your individual needs and allows discretionary clients to place restrictions on their accounts.
Fee Structure
Pictet North America Advisors charges a fee based on a percentage of the assets they manage for you. The cash portion of your portfolio is included when calculating the fee. Investments in mutual funds and exchange traded funds are also included, even though those funds already have their own management fees. The fees are calculated in Swiss Francs (CHF). There is a minimum quarterly fee.
Discretionary Asset Management Services:
- 0 to CHF 2,000,000: 0.85% per year
- CHF 2,000,001 to 5,000,000: 0.75% per year
- CHF 5,000,001 to 10,000,000: 0.65% per year
- CHF 10,000,001 to 25,000,000: 0.55% per year
- CHF 25,000,001 to 50,000,000: 0.45% per year
- CHF 50,000,001 and above: As agreed Minimum quarterly fees: CHF4,250
Non-Discretionary Services:
- 0 to CHF 2,000,000: 0.200% per year
- CHF 2,000,001 to 5,000,000: 0.175% per year
- CHF 5,000,001 to 10,000,000: 0.150% per year
- CHF 10,000,001 to 25,000,000: 0.125% per year
- CHF 25,000,001 to 50,000,000: 0.100% per year
- CHF 50,000,001 and above: As agreed Minimum quarterly fees: CHF1,000
These fees are negotiable.