Blackrock Asset Management Schweiz Ag (Zurich)


Blackrock Asset Management Schweiz Ag is a large advisory firm based in Zurich. It manages $3.29 billion of regulatory assets for 45 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.

Blackrock Asset Management Schweiz Ag provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Blackrock Asset Management Schweiz Ag: assets under management

The assets under management (AUM) of Blackrock Asset Management Schweiz Ag is $3.29 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -50% since the beginning of its operation, and $3.16 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.29 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $73.02 million each.
Blackrock Asset Management Schweiz Ag has custody of $57.44 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment grade corporate bonds the most. They account for 98% of the total AUM. The second-largest asset type is non-investment grade corporate bonds, which make up 1% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Blackrock Asset Management Schweiz Ag for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Barry O'dwyer serves?

The only and largest group of clients of Barry O'dwyer is pooled investment vehicles with 14 clients and $2.71 billion of assets under management. Among the 10 most similar advisory firms, Blackrock Asset Management Schweiz Ag has the 5th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $2.71 billion for 14 clients. 94% of the firm’s clients are foreign persons or businesses.

Blackrock Asset Management Schweiz Ag also advises several private funds. Namely, one private equity fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Blackrock Asset Management Schweiz Ag

The company employs 106 people that are either part- or full-time employees. 13 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Barry O'dwyer has been acting as President since 1 Apr 2013. Mirjam Alice Ida Maria Staub Bisang joined the executive team most recently as the Director.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Blackrock Uk Holdco Limited Sole shareholder 1 Sep 2012 75% - 100% 98-0194352
Barry O'dwyer Director 1 Apr 2013 Other 6195443
Barry Dermont Patrick O'dwyer Director 1 Apr 2013 Other 6195443
Christian Martin Staub Director 1 Jan 2014 Other 2127231
Urs Dickenmann Director 1 May 2014 Other 6350553
David Jakob Blumer Chairman, director 1 May 2014 Other 4945886
Peter Harald Athanassoglou Director 1 May 2014 Other 6350555
Cornelia Bernhardt Chief compliance officer 1 May 2014 Other 6350558
Urs Nmn Dickenmann Director 1 May 2014 Other 6350553
Cornelia Nmn Bernhardt Chief compliance officer 1 May 2014 Other 6350558
Christian Martin Staub Ceo, director 1 Sep 2014 Other 2127231
Susanne Nmn Haury Von Siebenthal Director 1 Jun 2015 Other 6531943
Enda Thomas Mcmahon Chief compliance officer 1 Oct 2015 Other 5646104
Enda Thomas Mcmahon Chief compliance officer 1 Nov 2015 Other 5646104
Nicholas John Gibson Chief compliance officer 1 Nov 2016 Other 6716370
Michael Peter Burch Ceo 1 Mar 2018 Other 6934440
Mirjam Alice Ida Maria Staub Bisang Director 1 Dec 2018 Other 7056960

Indirect Owners

The SEC currently registers 12 indirect owners.

Name Entity Date acquired Ownership Employer ID
Inc. Blackrock Sole shareholder 1 Sep 2006 75% - 100% 32-0174431
Inc Blackrock Holdco 2 Sole shareholder 1 Sep 2006 75% - 100% 68-0635711
Inc Blackrock Financial Management Sole shareholder 1 Sep 2006 75% - 100% 107105
Inc. Blackrock Advisors Holdings Sole shareholder 1 Sep 2006 75% - 100% 23-2834205
Blackrock Group Limited Sole shareholder 1 Oct 2006 75% - 100% foreign
Blackrock Uk Holdco Limited Sole shareholder 1 Oct 2006 75% - 100% 98-0194352
Blackrock Luxembourg Holdco S.A.R.L. Sole shareholder 1 Jul 2009 75% - 100% foreign
Inc. Blackrock International Holdings General partner 1 Dec 2009 Other 06-1543710
Br Jersey International Holdings L.P. Shareholder (a shares) 1 Dec 2009 75% - 100% foreign
Blackrock Group Limited Luxembourg Branch Sole shareholder 1 Dec 2014 75% - 100% foreign
Inc Blackrock Financial Management Sole shareholder 1 Mar 2015 75% - 100% 107105
Inc Blackrock Financial Management Sole shareholder 1 Sep 2015 75% - 100% 107105

Based in Zurich

The principal office where Blackrock Asset Management Schweiz Ag performs its advisory services is located at Bahnhofstrasse 39, Zurich, 8001, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 41 44 297 73 73. The normal business hours are 8:00 am to 6:00pm on Monday - Friday. You can find more information about the New York firm at blackrock.com.