INVICO Asset Management

INVICO operates as an external asset manager under Swiss financial market regulation, a structure that gives the firm discretionary authority over client portfolios while assets remain deposited at independent custodian banks. This regulatory posture separates asset management from custody and exposes the firm to periodic FINMA prudential review. External asset managers in Switzerland must meet organizational, capital, and conduct standards commensurate with their client mandates.

An external asset manager cannot hold client assets directly — it holds a limited power of attorney over accounts at separate custodian banks — whereas a private bank combines portfolio management and custody under one roof. This structural separation is valued by clients who want to mitigate single-institution risk. The trade-off is that the asset manager's brand and client onboarding process depend on coordination with the custodian, adding a layer of operational complexity.