ALPenrose Wealth Management International Ag (Bach)

Name: ALPenrose Wealth Management International Ag
Address: Seestrasse 69, Bach, 8806
Telephone: 41 58 105 75 20

ALPenrose Wealth Management International Ag is a large advisory firm based in Bach. It manages $462.08 million of regulatory assets for 139 client accounts. It has been registered with the SEC as an adviser since 2011.

ALPenrose Wealth Management International Ag 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.

ALPenrose Wealth Management International Ag: assets under management

The assets under management (AUM) of ALPenrose Wealth Management International Ag is $462.08 million. The firm's AUM has grown by 478% since the beginning of its operation, and $23 million of the total AUM is attributable to clients outside of the United States.

The firm manages $290.45 million in discretionary accounts and $171.63 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.74 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.2 million.

Investments

The firm invests in exchange traded securities the most. They account for 40% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 22% of the firm’s portfolio. Investments in cash and cash equivalents form 13% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay ALPenrose Wealth Management International Ag 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 Horacio Valle Garcia serves?

The only and largest group of clients of Horacio Valle Garcia is high net worth individuals with 139 clients and $462.08 million of assets under management. Among the 9 most similar advisory firms, ALPenrose Wealth Management International Ag has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $462.08 million for 139 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 5% of the firm’s clients are foreign persons or businesses.

ALPenrose Wealth Management International Ag doesn't advise any private funds.

Careers at ALPenrose Wealth Management International Ag

The company employs 15 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 4 people 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.

Horacio Valle Garcia has been acting as President since 1 Dec 2015. Pierre Tissot has served as the Chief Investment Officer since 1 Mar 2015. Michael Pellman Rowland joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Pierre O Gabris	Chief compliance officer	1 Dec 2010	50% - 75%	5872798
Thierry Grin	Director	1 Dec 2010	50% - 75%	5872962
Pierre Olivier Gabris	Partner	1 Jan 2011	50% - 75%	5872798
Thierry Edgar Grin	Chief compliance officer	1 Jan 2011	50% - 75%	5872962
Leo Steiner	Portfolio manager	1 Jan 2014	Other	6473328
Stephane Oberer	Managing director	1 Jan 2014	Other	6473322
Pierre Tissot	Chief investment officer	1 Mar 2015	Other	6631197
Horacio Valle Garcia	Director	1 Dec 2015	Other	1332591
Michael Pellman Rowland	Director	1 Jan 2018	Other	4555311

Based in Bach

The principal office where ALPenrose Wealth Management International Ag performs its advisory services is located at Seestrasse 69, Bach, 8806 The mailing address of the firm is Rue De La Rôtisserie 1, Geneva, 1211. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 41 58 105 75 20 or by fax 41 58 105 75 30. The normal business hours are 9:00am to 6:00pm on Monday - Friday. You can find more information about the New York firm at alpenroseinternational.com.