1. Company Information
LMP FINANCE Suisse SA (hereinafter the “Company”) is an asset manager authorized under Swiss laws and regulations, in particular the Federal Act on Financial Institutions (FinIA). The Company has been authorized by the Swiss Financial Market Supervisory Authority FINMA (Laupenstrasse 27, 3003 Bern, Tel: +41 31 327 91 00, Fax: +41 31 327 91 01, info@finma.ch, www.finma.ch).
The Company is also supervised by the following oversight body: AOOS – Swiss Supervisory Body SA, Via Landriani 2, 6900 Lugano, Tel: +41 91 940 40 00, email: infolugano@aoos.ch
The Company’s registered office is located at Via Guglielmo Marconi 4, CH-6900 Lugano.
The Company provides the following financial services:
- Portfolio management
- Investment advisory
2. Ombudsman (Mediation Body)
The Company is affiliated with the following mediation body: OFS Ombud Finance Switzerland.
In the event of a complaint, the Client must first submit it in writing to the Company in order to seek an amicable resolution. If no solution is found within 30 days, the Client may initiate mediation proceedings in accordance with the Swiss Financial Services Act (FinSA) before the mediation body to which the Company is affiliated.
The mediation procedure is governed by the rules of the mediation body in force at the time of the request and may be conducted in Italian.
If the parties accept the mediator’s recommendation or reach an agreement, this must be set out in writing and becomes binding once signed.
If the dispute is not resolved within 90 days, it will be subject to the jurisdiction agreed in the contract between the Client and the Company.
The mediation procedure is low-cost or free of charge and confidential. Further information is available at: www.ombudfinance.ch
3. Client Classification
For the purposes of the relationship, the Client will be classified according to FinSA as a retail, professional, or institutional client. This classification affects both the Client’s rights and the Company’s obligations.
In certain cases, the Client may request a change of classification. The Company will explain the risks and implications of such a change.
Retail clients who enter into an advisory or portfolio management agreement are considered qualified investors under the Collective Investment Schemes Act (CISA). Therefore, certain protections applicable to non-qualified investors do not apply.
Clients are informed that this may allow access to investment products reserved for qualified investors. The Client may at any time request in writing not to be treated as a qualified investor (opting-out).
4. Market OfferingConsidered
When selecting financial instruments, the Company may consider both:
- Its own products (issued, managed, or advised by the Company or closely related entities)
- Third-party financial instruments
The Client acknowledges that this may create potential conflicts of interest. The Company takes appropriate measures to ensure that the Client does not incur excessive costs as a result.
5. Conflicts of Interest
Conflicts of interest may arise between the Client’s interests and those of other clients, the Company, or related parties. The Company implements appropriate organizational measures to prevent or manage such conflicts. If a disadvantage cannot be avoided, the Client will be informed.
The Company works with third parties such as custodian banks, asset managers, and financial service providers. It seeks to negotiate the best possible terms for the Client.
Some third parties may pay commissions or retrocessions to the Company. However, these do not generally increase the costs charged to the Client and may help reduce management fees.
The Company ensures that investment decisions are made independently of any such benefits.
6. Fees and Costs
Fees and costs are fully defined in the agreement signed between the Client and the Company.
The Company’s remuneration does not include custodian bank fees, taxes, VAT, or other charges, which are debited directly from the Client’s account.
The Company informs the Client annually about fees and, upon request, at any time.
Upon request, the Company also discloses any benefits received from third parties.
7. Risks Associated with Financial Instruments
The Client confirms having read and understood the Swiss Bankers Association brochure “Risks Involved in Trading Financial Instruments.”
All financial instruments involve a risk of loss, including:
- Credit risk: the issuer may fail to meet its obligations.
- Market risk: prices may fluctuate and lead to losses.
- Currency risk: exchange rate fluctuations may affect returns.
- Interest rate risk: changes in rates may impact bond prices.
- Liquidity risk: difficulty in selling investments quickly.
- Concentration risk: losses due to lack of diversification.
- Real estate risk: limited liquidity and valuation uncertainty.
- Emerging market risk: higher political and economic instability.
- Alternative investment risk: higher risk, leverage, limited liquidity, and long-term commitment.
Some investments may not be publicly offered, may not be listed, or may only be redeemable at specific times, which may delay liquidity and lead to losses.
8. Information on Financial Services
The Company informs the Client about the nature, characteristics, and functioning of the financial services provided, as well as the related rights and obligations.
In particular, the Company explains the risks associated with the investment strategy in the mandate agreement.
General information on financial instrument risks is available free of charge at the following link:
Rischi nel commercio di strumenti finanziari – Swiss Banking
