Heritage And Partners S.A. (Geneva)

Name: Heritage And Partners S.A.
Address: 61 A Route De Chene, Geneva, 1208
Telephone: 41 58 22 00 900

Heritage And Partners S.A. is an adviser based in Geneva. It manages $7.18 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2017.

Heritage And Partners provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Heritage And Partners: assets under management

The assets under management (AUM) of Heritage And Partners S.A. is $7.18 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -11% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $7.18 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.59 million each.

Investments

The firm invests in exchange traded securities the most. They account for 36% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 29% of the firm’s portfolio. Investments in investment grade corporate bonds form 27% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Heritage And Partners S.A. 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 Francois Oesch serves?

The only and largest group of clients of Francois Oesch is high net worth individuals with 2 clients and $7.18 million of assets under management. Among the 5 most similar advisory firms, Heritage And Partners has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $7.18 million for 2 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Heritage And Partners doesn't advise any private funds.

Careers at Heritage And Partners S.A.

The company employs 3 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Francois Oesch has been acting as President since 1 Dec 2016. Dustin Wayne Milne joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Banque Heritage Sa	Shareholder	1 Dec 2016	75% - 100%	foreign entity
Marcos Esteve	Chairman of the board	1 Dec 2016	Other	6807190
Francois Oesch	Director	1 Dec 2016	Other	6807196
Adrian Vogel	Director, ceo	1 Dec 2016	Other	6807216
Laetitia Nadine Mantel Micelli	Chief compliance officer	1 May 2017	Other	5799780
Dustin Wayne Milne	Chief compliance officer	1 Mar 2018	Other	5869693

Based in Geneva

The principal office where Heritage And Partners S.A. performs its advisory services is located at 61 A Route De Chene, Geneva, 1208, 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 58 22 00 900 or by fax 41 58 22 00 901. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at heritagepartners.ch.