Merit Asset Management

Swiss independent asset managers often restrict or carefully structure any advisory relationship with US persons due to the compliance burden of FATCA and SEC registration requirements. Merit's stance on accepting US clients is not publicly disclosed. Many Swiss boutiques either decline US-person mandates entirely or serve them only through specialized legal wrappers and qualified intermediary arrangements.

Unlike a private bank, Merit does not have a banking license, does not hold client deposits directly, and does not offer lending or credit products on its own balance sheet. This independence allows it to select best-in-class custody banks and fund managers without proprietary product pressure. For clients, the trade-off is a more objective advisor relationship, but without the integrated credit, lending, and corporate advisory services a full-service private bank provides.