Pictet North America Advisors Sa (Geneva 73)


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/.