J. Safra Sarasin Asset Management (North America) Ltd (Geneva)

Name: J. Safra Sarasin Asset Management (North America) Ltd
Address: Rue De La Corraterie 4, Geneva, 1204
Telephone: +41583176400

J. Safra Sarasin Asset Management (North America) Ltd is a large advisory firm based in Geneva. It manages $108.8 million of regulatory assets for 24 client accounts. It has been registered with the SEC as an adviser since 2018.

J. Safra Sarasin Asset Management (North America) provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

J. Safra Sarasin Asset Management (North America): assets under management

The assets under management (AUM) of J. Safra Sarasin Asset Management (North America) Ltd is $108.8 million. The firm's AUM has grown by 113% since the beginning of its operation, and $289.91 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $71.31 million in discretionary accounts and $37.49 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.49 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.41 million.

J. Safra Sarasin Asset Management (North America) has custody of $108.8 million in cash and securities for 24 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 56% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 18% of the firm’s portfolio. Investments in cash and cash equivalents form 11% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay J. Safra Sarasin Asset Management (North America) Ltd for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Elie Vivien Sassoon serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Elie Vivien Sassoon is high net worth individuals with 10 clients and $90.27 million of assets under management. Among the 12 most similar advisory firms, J. Safra Sarasin Asset Management (North America) has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $108.8 million for 23 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 4% of the firm’s clients are foreign persons or businesses.

J. Safra Sarasin Asset Management (North America) doesn't advise any private funds.

Careers at J. Safra Sarasin Asset Management (North America) Ltd

The company employs 3 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Elie Vivien Sassoon has been acting as President since 1 Jan 2018. J. Safra Sarasin Holding Ag joined the executive team most recently as the Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
J. Safra Sarasin Holding Ag	Shareholder	1 Jan 2018	75% - 100%	foreign entity
Elie Vivien Sassoon	Chairman/director	1 Jan 2018	Other	6905176
Jean Pierre Jacquemoud	Director	1 Jan 2018	Other	6905177
Juerg Egli	Director	1 Jan 2018	Other	5273300
Marc Charles Francois Emery	Chief compliance officer	1 Jan 2018	Other	6649033
Thomas Herbert Maxwell	Chief executive officer	1 Apr 2018	Other	6262289

Indirect Owners

The SEC currently registers 8 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
J. Safra Holdings Luxembourg Sarl	Shareholder	1 Sep 2008	75% - 100%	foreign entity
J. Safra Holdings International (Luxembourg) S.A.	Shareholder	1 Dec 2008	75% - 100%	foreign entity
Joseph Yacoub Safra	Shareholder	1 Jul 2016	75% - 100%	3262207
Js International Holdings Ltd	Shareholder	1 Jun 2017	75% - 100%	foreign entity
Vicky Safra	Shareholder	1 Jul 2017	25% - 50%	6829469
Alberto Joseph Safra	Shareholder	1 Jul 2017	25% - 50%	6829493
David Joseph Safra	Shareholder	1 Jul 2017	25% - 50%	6829502
Jacob Joseph Safra	Shareholder	1 Jul 2017	25% - 50%	6829504

Based in Geneva

The principal office where J. Safra Sarasin Asset Management (North America) Ltd performs its advisory services is located at Rue De La Corraterie 4, Geneva, 1204, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number +41583176400 or by fax +41583176449. The normal business hours are 9am - 5pm (cet) on Monday - Friday. You can find more information about the New York firm at jsafrasarasin.com/northamerica/.