FinSA Client information
Based on the legal requirements of Art. 8ff. of the Financial Services Act (FINSA), information below provides an overview of ELIA Investment Advisors AG (hereinafter referred to as the «financial institution») and its services.
A. Company information
Address
Seefeldstrasse 287
8008 Zurich
+41 44 384 90 80
info@eliainvestments.com
www.eliainvestments.com
The financial institution was established in 2019.
Supervisory authority and audit firm
Under the Federal Act on Financial Institutions (FinIA), a license issued by the financial regulator (FINMA) is required by all financial institutions offering professional services as a portfolio manager. The financial institution received its license on 16.08.2023 and is supervised by FINControl Suisse AG. The financial institution is audited by TTP Consulting AG.
FINControl Suisse AG
General-Guisan-Strasse 6
6300 Zug
+41 41 767 36 00
info@fincontrol.ch
www.fincontrol.ch
TTP Consulting AG
Seestrasse 45
8703 Erlenbach
+41 79 851 58 10
info@ttpconsulting.ch
www.ttpconsulting.ch
Ombudsman
The financial institution is affiliated with the independent ombudsman Finanzombudsstelle Schweis (FINOS), which is recognized by the Federal Department of Finance. Disputes concerning legal claims between the client and the financial services provider should be settled by an ombudsman’s office, if possible, within the framework of a mediation procedure.
Finanzombudsstelle Schweiz (FINOS)
Talstrasse 20
8001 Zurich
+41 44 552 08 00
info@finos.ch
www.finos.ch
B. Information on the offered financial services
The financial institution provides portfolio management services, portfolio-based and transaction-based investment advisory services as well as execution-only services to its clients. In the case of a transaction-based investment advisory mandate with the financial institution, a personal recommendation relating to individual financial instruments is provided to the client. The decision to buy or sell remains always ultimately with the client.
The financial institution does not guarantee any yield nor performance of investment activities. The investment activity can therefore lead to an appreciation or a depreciation in value.
The financial institution has all the necessary licences to perform the services described above.
C. Client segmentation
Financial service providers are required to classify their clients into a client segmentation according to the law and adhere to the respective code-of-conduct. The Financial Services Act provides for «retail clients», «professional clients» and «institutional clients» segments. For each client, a client classification is determined within the framework of the cooperation with the financial institution. Subject to certain conditions, the client may change the client classification by opting out.
D. Information on risks and costs
General risks associated with financial instruments transactions
The investment advisory and portfolio management services involve financial risks. The financial institution shall provide all clients with the «Risks associated with Financial Instruments Transactions» brochure prior to the execution of the contract. This brochure can also be found at www.swissbanking.ch.
Clients of the financial institution may contact their client advisor at any time if they have any further questions.
Risks associated with the offered services
For a description of the various risks that may arise from the investment strategy for clients’ assets, please refer to the relevant investment advisory or portfolio management agreements.
In the case of investment advice, the financial institution shall provide its retail clients with the basic information sheet of the recommended financial instrument.
Information on costs
A fee is charged for the services rendered, which is usually calculated on the assets under management and/or on a performance basis. For more detailed information, please refer to the relevant investment advisory or portfolio management agreements.
E. Information about relationships with third parties
In connection with the financial services offered by the financial institution, economic ties may exist with third parties. The acceptance of payments from third parties as well as their treatment are regulated in detail and comprehensively in the respective investment advisory and portfolio management contracts.
F. Information on the market offer considered
The financial institution basically follows an «open universe approach» and tries to make the best possible choice for the client when selecting financial instruments. The financial institution’s own collective investments can – where appropriate – be used in the portfolio management mandates or recommended as part of investment advice