independent asset management key participants
Investing & Retirement

Independent Asset Management: Key Participants

The key participants in an independent asset management relationship are the customer, the wealth manager, the custody bank and specialized financial services providers like investment funds.

The most important individual relationships in asset management are as follows:

Relationship between clients and asset managers

The independent asset manager receives a limited asset management mandate from the client, and must have the client’s approval before transferring client assets.

Relationship between independent asset managers and custodian banks

After consulting with the client, the independent asset manager decides which assets will be placed in custody accounts. Ideally, an independent asset manager should be independent in the true sense of the word. Decisions should not be influenced by retrocession fees offered by banks or investment funds.

Relationship between custodian banks and asset management clients

A customary contractual relationship exists between the client and the custodian bank. However, the client gives the asset manager full authority to manage assets held in custodian banks.

Relationship between independent wealth managers and investment funds

Normally, an asset manager can either invest the client’s assets in an investment fund directly, or invest indirectly via a custodian bank. In many cases, independent asset managers operate at least one fund themselves. Here to, the deciding factor is whether or not the asset manager acts in the client’s best interest when investing through investment, with no regard for retrocession fees.

More on this topic:
Swiss private banking
Online broker comparison
Comparison of independent asset managers in Switzerland

Request now without obligation

Choice of digital asset managers

Robo advisor

True Wealth

  • BLKB as partner and custody bank

  • Flat fee: 0.5% - 0.25%

  • Free test account

Robo Advisor


  • Digital asset manager

  • An offer from the bank CIC

  • Free test account

Digital asset management


  • Digital financial assistant

  • Free investment plan

  • Free test account

Request now without obligation

Swiss wealth managers

Digital Private Banking

volt by Vontobel

  • Access to Vontobel investment experts

  • Individually selectable investment products

  • Information without obligation

Robo advisor

Bank CIC cleverinvest

  • Digital asset manager

  • Flat fee of 0.5%

  • Already from CHF 1000

Online wealth management

PostFinance E-Investment Management

  • Digital wealth management

  • From CHF 5000

  • Direct opening possible

Wealth managers in comparison

Find the most favorable wealth management now

Compare now for free
Online trading brokers in comparison

Find the cheapest online broker now

Compare now
Free subscription

Sign up for the free newsletter

Subscribe now
more than 3 million pieces of data

Find all comparisons here

Go to comparisons