Pictet North America Advisors Sa (Geneva 73)

Name: Pictet North America Advisors Sa
Address: 48 Route Des Acacias, Geneva 73, 1211
Telephone: +41.22.307.9000

Pictet North America Advisors Sa is a large advisory firm based in Geneva 73. It manages $3.33 billion of regulatory assets for 753 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Arizona, California, Colorado, and 26 other states.

Pictet North America Advisors provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Pictet North America Advisors: assets under management

The assets under management (AUM) of Pictet North America Advisors Sa is $3.33 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 1909% since the beginning of its operation, and $1.31 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.33 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $4.42 million each.

Investments

The firm invests in exchange traded securities the most. They account for 42% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 16% of the firm’s portfolio. Investments in investment grade corporate bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Pictet North America Advisors Sa for their services and products based on a percentage of assets under management. 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 Maurice Robert Turrettini serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, and corporations or other businesses. The largest group of clients of Maurice Robert Turrettini is high net worth individuals with 430 clients and $2.88 billion of assets under management. Among the 8 most similar advisory firms, Pictet North America Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $3.33 billion for 754 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 15% of the firm’s clients are foreign persons or businesses.

Pictet North America Advisors also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $120,000 for each fund.

Careers at Pictet North America Advisors Sa

The company employs 20 people that are either part- or full-time employees. 90 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There are 17 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Maurice Robert Turrettini has been acting as President since 1 May 2009. Grégoire Horace Pictet joined the executive team most recently as the Chief Executive Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Pictet & Cie	Sh	1 Jan 2007	75% - 100%	98-0236957
Dominique Spillmann	Ceo	1 Jan 2007	Other	5273293
Josef Guentensperger	Manager	1 Jan 2007	Other	5273295
Jurg Egli	Director	1 Jan 2007	Other	5273300
Epaminondas Pantazopoulos	Director	1 Jan 2007	Other	5273297
David Robert Cawthrow	Cco	1 Jan 2007	Other	4935847
Philippe Bertherat	Chairman + director	1 Jan 2007	Other	4052236
Christophe Oppenheim	Cco	1 Apr 2007	Other	5331104
Josef Guentensperger	Ceo by interim	1 Apr 2008	Other	5273295
Erika Beaumier	Pnaa cco	1 Oct 2008	Other	5624907
Christophe Oppenheim	Chairman/director/chief operating officer	1 Mar 2009	Other	5331104
Maurice Robert Turrettini	Director	1 May 2009	Other	5672756
Romain Marti	Director	1 May 2009	Other	5672757
Eldon Wylie Griffiths	Director	1 Oct 2011	Other	5998747
Giovanni Viani	Chairman/director	1 Nov 2011	Other	5989161
Ramon Arean	Chief operating officer	1 Jan 2012	Other	6042788
Felix A Weibel	Deputy chief executive officer	1 Jan 2012	Other	2074645
Lawrence Benjamin Lindsey	Director	1 Nov 2012	Other	6150310
Felix A Weibel	Chief executive officer	1 Jan 2013	Other	2074645
Melina A Dimitrakakis	Chief compliance officer	1 Jan 2013	Other	6150365
Pictet & Cie Group Sca	Shareholder	1 Jul 2013	75% - 100%	foreign entity
David Ellis Mcneel	Director	1 Nov 2013	Other	2966171
Philippe Liniger	Director	1 Nov 2013	Other	6271604
Jean Jacques Vaucher	Chief operating officer	1 Jul 2014	Other	6370595
Maryam Yousefian	Chief compliance officer	1 Aug 2016	Other	6691812
Grégoire Horace Pictet	Chief executive officer	1 Jun 2018	Other	6964467
Gregoire Horace Pictet	Chief executive officer	1 Jun 2018	Other	6964467

Indirect Owners

The SEC currently registers 14 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Jacques Joseph De Saussure	Partner	1 Jan 2007	Other	2131433
Nicolas Lucien Pictet	Partner	1 Jan 2007	Other	4052234
Jean Francois Demole	Partner	1 Jan 2007	Other	4052238
Renaud Fernand De Planta	Partner	1 Jan 2007	Other	4052240
Remy Antoine Best	Partner	1 Jan 2007	Other	4622250
Claude Alain Demole	Partner	1 Jan 2007	Other	1473756
Ivan Aymon Pictet	Partner	1 Jan 2007	Other	1473755
Jacques Joseph Desaussure	Partner	1 Jan 2007	Other	2131433
Renaud Deplanta	Partner	1 Jan 2007	Other	4052240
Bertrand Francois Lambert Demole	Partner	1 Jan 2011	Other	5879364
Marc Philippe Pictet	Partner	1 Jan 2011	Other	5879363
Bertrand Demole	Partner	1 Jan 2011	Other	5879364
Marc Pictet	Partner	1 Jan 2011	Other	5879363
Pictet & Partners	Shareholder	1 Jul 2013	75% - 100%	foreign

Based in Geneva 73

The principal office where Pictet North America Advisors Sa performs its advisory services is located at 48 Route Des Acacias, Geneva 73, 1211, 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 +41.22.307.9000 or by fax +41.22.307.9001. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at pictetadvisors.com/.