Swiss Select Advisors, LLC (Dallas)

Name: Swiss Select Advisors, LLC
Address: Two Turtle Creek Building, Dallas, TX, 75219
Telephone: 212-796-6577

Swiss Select Advisors, LLC is a large advisory firm based in Dallas. It manages $149.33 million of regulatory assets for 7 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of Texas.

Swiss Select 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.

Swiss Select Advisors: assets under management

The assets under management (AUM) of Swiss Select Advisors, LLC is $149.33 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 480% since the beginning of its operation, and $32.46 million of the total AUM is attributable to clients outside of the United States.

The firm manages $149.33 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $21.33 million each.

Swiss Select Advisors has custody of $45.21 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 61% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 30% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Swiss Select Advisors, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Swiss Select Advisors serves?

The firm provides services to high net worth individuals and pooled investment vehicles. The largest group of clients of Swiss Select Advisors is high net worth individuals with 5 clients and $104.12 million of assets under management. Among the 11 most similar advisory firms, Swiss Select Advisors has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $149.33 million for 7 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 14% of the firm’s clients are foreign persons or businesses.

Swiss Select Advisors also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.

Careers at Swiss Select Advisors, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Marvin Vance Bolt	Managing member	1 Oct 2009	75% - 100%	3080659
Ahamed Hassanali Saleemah	Chief compliance officer	1 Sep 2014	Other	5819935

Based in Dallas

The principal office where Swiss Select Advisors, LLC performs its advisory services is located at Two Turtle Creek Building, Dallas, TX 75219, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-796-6577 or by fax 208-439-4996. The normal business hours are 9am-5pm mon-thurs; 9am-4pm fri on Monday - Friday. You can find more information about the New York firm at swiss-select-advisors.com.