The simple answer is yes! There are several Swiss Banks which are actively building their US client business as well as 40 Swiss registered investment advisory firms holding the necessary licenses to conduct business with US persons.
Over the past 8 years we have seen a huge increase in the number of American clients or clients based in the US looking to diversify their asset base away from the States and turning to Swiss banks as a solution. One of the common factors with most clients seems to be the reluctance to rely entirely on the US banking system as the custodian for their entire asset base. Our clients are normally looking to move between 15 to 25% of their assets away from the US, utilizing traditional Swiss custodian banks instead.
It is important for US based clients to use a bank or a RIA which is registered with the SEC and therefore offers completely tax compliant services with all of the required US tax reporting paperwork.
We have developed a comprehensive list of Swiss banks and RIAs interested in working with US clients. If you would be interested in finding out more please do not hesitate to contact us.
Swiss Banking for US Citizens
