FinSA client information
Informationen about Prio Partners AG
The following information serves to fulfil the information obligations of financial service providers towards their clients in accordance with Art. 8 f. of the Financial Services Act (‘FinSA’). It is neither provided for advertising purposes nor does it constitute an offer for financial services or financial instruments.
1. Regulatory status
Prio Partners AG (the ‘Company’) is a financial services provider within the meaning of the FinSA. Its registered office is located at Stockerstrasse 12, 8002 Zurich, Switzerland.
The company is mainly active in the field of professional wealth management for individual clients and collective investment schemes.
The Swiss Financial Market Supervisory Authority FINMA has granted the company authorisation as a manager of collective assets in accordance with Art. 24 para. 1 of the Financial Institutions Act (FinIA) and the company is supervised by FINMA on an ongoing basis.
2. Ombudsman's office
In accordance with Art. 74 ff. FinSA, the company is affiliated to the Swiss Financial Ombudsman Service (FINOS). In the event of disputes with the company, private clients within the meaning of Art. 4 para. 2 FinSA and professional clients within the meaning of Art. 5 para. 1 FinSA may initiate mediation proceedings through the ombudsman's office.
3. Executive Board
The company has three qualified managing directors within the meaning of Art. 20 para. 1 FinIA.
4. Business activities of the company
The company's business activities include the following areas in particular:
- The company carries out discretionary asset management for individual clients and collective investment schemes on a professional basis within the meaning of Art. 3 lit. c item 3 FinSA. The company is authorised by the clients to exercise the mandates vis-à-vis the respective custodian banks. If a client so wishes, the company will only carry out the transactions following authorisation by the client.
- The Company provides its financial services on the basis of written contracts concluded with clients, which contain all information on the characteristics, functioning, rights and obligations of the parties and the risks of the financial service provided.
5. Risks in relation to financial services
The risks associated with the financial services provided are explained to customers before the contract is concluded. Customers are requested to carefully read the information provided, in particular the brochure ‘Risks involved in trading financial instruments’ published by the Swiss Bankers Association (https://www.swissbanking.ch/de/downloads), and to contact the company if they have any questions.
6. Information on costs
Costs and fees are incurred in connection with the services provided by the company. These are disclosed to customers before the contract is concluded and are set out in detail in the contracts.
7. Third-party fees
The company does not receive any fees from third parties in connection with the provision of financial services. Should the company receive such fees in exceptional cases, it will pass them on to the clients insofar as this is possible with reasonable effort.
8. Participation in and economic ties to third parties
The company has no economic ties to third parties that could lead to a conflict of interest with clients in connection with the provision of financial services.
9. Considered market offer
When providing financial services, the company mainly takes into account financial instruments from third parties. The company may offer the collective investment scheme it manages to its clients or third parties or take it into account in discretionary asset management. It will inform investors or clients that its own product is offered, recommended or used in wealth management.
10. Dealing with conflicts of interest
The company takes the necessary precautions to avoid conflicts of interest between itself or its employees and its clients and to protect clients from disadvantages. If a conflict of interest cannot be avoided without disadvantaging clients, it will be disclosed to the clients.