Over the past 40 years, Pictet has established itself as a strategic partner of more than 450 independent asset managers. For the client, an EAM can offer a good alternative for independent investment advisory and asset management services. They may prefer to work with a smaller organization with which they have good relationships than with a predominantly large institution. They may also be disappointed by their current supplier, for a number of reasons. Framework Agreement for External Asset Managers (EAMs): You provide portfolio management services to your clients, while Julius Baer acts as custodian and is responsible for fund management. The concepts of external asset managers and independent asset managers are often used in a synonymous manner, although not all external asset managers are completely independent in the strict sense. Pictet has developed its own real-time Internet-based system that allows each authorized client or asset manager, advisor, accountant, etc., to display data at the portfolio level or at the consolidated level. External asset managers, also known as independent asset managers (IAMs or EAMs), are private asset management companies that provide tailored asset management services to high-quality, ultra-wealthy clients. AMAs are generally small, narrow organizations and operate in a different way than large private bank teams.
For example, EAM`s assets cannot be retained as a private bank. Therefore, an AMS will have as a deposit partner a number of banks from which the client`s assets will be held and reserved. Private banks have dedicated teams of relationship managers, whose only priority is the management of EAMs, IAMs and similar financial intermediaries. Conservation is a key business of the bank and one of the main pillars of any asset management strategy. A partner with more than 35 years of commitment to external asset managers and financial advisors, Julius Baer helps you achieve your goals using the following service models: Some external asset managers focus on specific areas or investments. Examples of specialized areas of activity include real estate, commodities, dividends, derivatives or structured products, fixed funds, specific equity classes, private equity funds and hedge funds. An external asset manager (EAM) is an asset manager who works independently of banks. Asset managers can be individuals or companies. We have a cooperation agreement that clearly defines the role and responsibility. Single entry point: All asset classes are negotiated by a comfortable and secure team. External asset managers open accounts with third-party and custodian banks on behalf of their clients.