FIDLEG Client Information
Based on the legal requirements from Art. 8 ff. of the Financial Services Act (FIDLEG), the following provides an overview of Everon AG (hereinafter referred to as the “Financial Institution”) and its services.
A. Company Information
Address
Gartenstrasse 17
8002 Zürich
Phone: +41 44 545 08 10
E-Mail: info@everon.swiss
Website: www.everon.swiss
The financial institution was established on the 1 July 2019.
Regulatory Authority and Audit Firm
Under the new Financial Institutions Act (FINIG), all financial institutions need a license from FINMA to conduct business as asset managers. The deadline for submitting the application expired at the end of 2022. The Financial Institution received the license on March 17, 2023, and is supervised by the supervisory organization FINcontrol Suisse AG. The Financial Institution is audited both regulatory and statutory by Grant Thornton AG. The addresses of the supervisory organization FINcontrol Suisse AG and the audit firm Grant Thornton AG are as follows:
FINcontrol Suisse AG
c/o VQF Verein zur Qualitätssicherung von Finanzdienstleistungen
General-Guisan-Strasse 6
6300 Zug
Phone: +41 41 767 36 00
E-Mail: info@fincontrol.ch
Website: www.fincontrol.ch
Grant Thornton AG
Claridenstrasse 35
8027 Zürich
Phone: +41 43 960 71 71
Website: www.grantthornton.ch
Ombudsman
The Financial Institution is affiliated with the independent ombudsman recognized by the Federal Department of Finance, Finanzombudsstelle Schweiz (FINOS). Disputes over legal claims between customers and the Financial Institution should, if possible, be settled through mediation by the ombudsman. The address of the Finanzombudsstelle Schweiz (FINOS) is as follows:
Finanzombudsstelle Schweiz (FINOS)
Talstrassse 20 (1st Floor)
8001 Zürich
Phone: +41 (0)44 552 08 00
E-Mail: info@finos.ch
Website: www.finos.ch
B. Information About the Financial Services Offered
The Financial Institution provides wealth management services to its clients based on a wealth management contract in accordance with Art. 3 lit. c no. 3 FIDLEG. The Financial Institution manages the clients’ assets in their name and at their risk and based on a limited power of attorney at the respective custodian bank. The Financial Institution manages the assets within the agreed investment strategy and any investment restrictions at its own discretion and without consulting the clients. Furthermore, the Financial Institution provides wealth management services in the area of pension funds.
The Financial Institution does not provide investment advice regarding financial instruments in accordance with Art. 3 lit. c no. 4 FIDLEG.
The Financial Institution does not guarantee any returns or success in the investment activity. Investment activity can therefore lead to an increase or decrease in value.
The Financial Institution has all the necessary licenses to provide the above-mentioned services.
C. Client segmentation
Financial service providers must assign their clients to a legally prescribed customer segment. The Financial Services Act provides for the segments “private clients,” “professional clients,” and “institutional clients.”
Based on Art. 4 para. 7 FIDLEG, the Financial Institution treats all its clients as private clients, thereby granting them the highest level of investor protection.
D. Information About Risks and Costs
General Risks in Trading with Financial Instruments:
Wealth management services carry financial risks. The Financial Institution provides all clients with the brochure “Risks in Trading with Financial Instruments” before concluding the contract. This brochure can also be viewed at www.swissbanking.org.
Risks associated with the offered services
For a presentation of the various risks that may arise from the investment strategy for the client’s assets, please refer to the corresponding wealth management contracts.
Wealth management by the Financial Institution is based on the investment profile created at the beginning of the business relationship. Based on this investment profile, the Financial Institution proposes an investment strategy to the clients. To determine the risk profile, clients answer questions about their investment goals, investment duration, risk tolerance, financial knowledge, and experience with various investment products. The Financial Institution uses an algorithm to weight the answers and derive an appropriate investment strategy. The suitability of the recommended investment strategy therefore largely depends on the information provided. Incorrect or incomplete information from the clients can lead to a distortion of the results and unsuitable recommendations. Clients can follow the investment strategy proposed by the Financial Institution or choose another investment strategy. If clients choose an investment strategy that differs from the recommendation, the Financial Institution explicitly advises against it as it may involve higher risk of loss. The investment strategy chosen by the clients and agreed upon with the asset manager carries different risks. These risks are fully borne by the clients. A comprehensive presentation and explanation of the risks takes place before the investment strategy is agreed upon.
The Financial Institution does not guarantee any returns or success in the investment activity. Wealth management services can therefore lead to an increase or decrease in value. The risk that financial instruments in the portfolio will lose value can vary depending on the financial instrument and is fully borne by the clients.
Information on costs
A fee is charged for the services provided, which is usually calculated based on the managed assets and/or on a success basis. For more detailed information, please refer to the corresponding wealth management contracts.
E.Information about ties with third parties
In connection with the financial services offered by the Financial Institution, economic ties to third parties may exist. The receipt of third-party payments and their handling are detailed and comprehensively regulated in the wealth management contracts.
F. Information on the market offer considered
The Financial Institution generally pursues an “open universe approach” and tries to make the best possible choice for the client when selecting financial instruments.