Lugano Financial Advisors S.A. is a large advisory firm based in Lugano Ticino. It manages $795.12 million of regulatory assets for 250 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Florida, Hawaii, and 10 other states.
Lugano Financial Advisors provides portfolio management for individuals and small businesses and global reporting & risk analyses of client portfolios including assets not under management. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Lugano Financial Advisors S.A. is $795.12 million. The firm's AUM has grown by 894% since the beginning of its operation, and $22.14 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Lugano Financial Advisors S.A. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Lugano Financial Advisors is high net worth individuals with 97 clients and $513.68 million of assets under management. Among the 8 most similar advisory firms, Lugano Financial Advisors has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $570.82 million for 216 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.
Lugano Financial Advisors doesn't advise any private funds.
The company employs 11 people that are either part- or full-time employees. 64 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.
There are 10 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Lugano Financial Advisors S.A. is owned by Gianpaolo Bonalumi. Alessandro Conrad has served as the Chief Investment Officer since 1 Apr 2014 and Giampaolo Bonalumi is the Chief Executive Officer of Lugano Financial Advisors S.A. family office. Pietro Villani joined the executive team most recently as the Portfolio Manager.
The principal office where Lugano Financial Advisors S.A. performs its advisory services is located at Via F. Pelli 3, Lugano Ticino, 6900, 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 +41.91.921.2533 or by fax +41.91.921.3809. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at lfa.ch.