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Zurich adviser joins platform for Swiss SEC-registered advisers

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Zurich adviser joins platform for Swiss SEC-registered advisers

Finaport Asset Management has joined Where Americans are Welcome, a Swiss wealth management platform.

In March 2017, Finaport Group reactivated its asset management company to accommodate the growing US client base.

Currently the US-focused part of the business is managed by Rolf Eberhart, who is also an owner of PEP Fund Advisors.

The investment advice for Finaport Group is provided by MRB Vermögensverwaltungs, which was acquired by the firm in 2014.

When asked about US equities outlook Lars Konrad, head of discretionary asset management at MRB Vermögensverwaltungs, said the firm invests in selected companies during market corrections and takes profits when the market is heading towards the upper end of its expected trading range.

‘Currently this means that we have turned a bit more cautious, increasing cash levels somewhat as we approach the less liquid summer season expecting the market to put aside politics over time and focus more on the underlying (positive) trend of the economy.’

Konrad added that market optimism is cyclical and he expects normality to return after a sudden 'reality check'.

‘The pendulum is constantly swinging between euphoria and depression as well as overpriced and under-priced valuation levels. The awareness about these movements is what creates investment opportunities.’

"Where Americans are Welcome" is a platform which lists Swiss wealth management firms working with US clients and provides practical information for individuals who want to book their accounts in Switzerland.

Finaport Group is also a founding member of the Alliance of Swiss Wealth Managers, an organisation that includes 23 independent wealth managers with a combined wealth of CHF 57 billion in assets.  

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