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.
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 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.
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.
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.
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/.