Since tax season is now upon us, it is important for Americans working with or looking to work with Swiss-registered investment advisors to know the tax considerations for their offshore accounts. A Swiss investment account is a popular choice for individuals looking to diversify their portfolios and protect their assets. Still, American citizens need to be aware of the U.S. tax implications. Swiss banks are required to report certain information about American citizens holding accounts in Switzerland to the IRS annually. Additionally, American citizens must report the existence of their Swiss bank accounts on their U.S. tax returns to avoid significant penalties and fines. This blog will help educate you on what you need to know.

On this episode of the podcast, the WHVP team sits down with special guest Jessica Schaedler, Leading Trust Advisor at Capital Trustees AG, to discuss the proposed bill to the Swiss government on creating a beneficial owner registry. The podcast will cover what changes have been proposed to the government, what may come from such a change and the opinion on how the Swiss population may react to such a bill. This podcast is a must-listen for anyone seeking a better understanding of the potential impact on the financial industry and individuals with Swiss bank accounts. We hope you enjoy it!

WHVP, an SEC-registered investment advisor based out of Zurich Switzerland, received its FINMA license to continue operating as an asset manager in Switzerland. This achievment is a milestone in the company's 30 year history.

On this episode of the podcast, the WHVP team sits down to discuss going beyond performance in terms of client care. The podcast will cover a bit of the Swiss perspective of the World Economic Forum and then will jump into the team discussing the importance of client communication and care. We hope you enjoy it.

Diversification is a topic that often comes up when investing. However, for Americans attaining true portfolio diversification can take time and effort. However, some good options are available to Americans when looking to invest outside of the U.S. investment market, dollar, and economy. This blog will cover the challenges Americans face in building a truly diversified portfolio and what they can do to overcome them.

Thinking about moving investments offshore is a big decision. It takes time and effort to conduct the due diligence needed to find the right partner and set up an offshore investment account. However, the strategic move can offer many positive qualities to an investment portfolio. So, is it worth making a move for the opportunities, risk mitigation, time, and effort to gain the benefits of capital preservation, risk mitigation, asset protection, and true diversification?

We would like to take the opportunity to reflect on an eventful year for WHVP and tell you about some of the things we are excited about. We are looking forward to starting the next chapter in 2023 and are grateful that you are all part of our journey.

An impending recession, markets are continuing to fall, and the steady stream of news that companies are making job cuts. The news continues to look bleak, and with the recent stream of news, the economy and markets continue in the cycle of squeezing those participating in them. But there is hope for people looking to learn about what the job cuts can mean for the economy, investment market, and their portfolio, and steps they can take in protecting their wealth.

There has been a momentous meeting between China and the OPEC nations. Our blog will cover the happenings of the event and how they may affect Americans and their wealth. It will be important to learn about what to expect looking forward as you seek to protect the value of your hard-earned U.S. dollars.

For international day of banks, we wanted to talk about what Swiss private banks offer Americans in terms of safety and privacy for their personal wealth information. The reality is that Swiss bank accounts are 100% legal for Americans to hold financial assets in, and there are some incredible perks that come with having a Swiss investment account as an American. The two benefits we will be focusing on today are safety and privacy.

It is crucial to understand how things work for any administrative process, especially when it comes to setting up an offshore investment account as an American. This blog will cover the due diligence needed to find the right Swiss independent asset manager for your situation. It will also cover the documents required to start the process and the paperwork that can be expected when establishing a private offshore investment account.

One of the questions we get asked by prospective clients seeking offshore investment diversification through us as an independent asset management firm is: "How do you determine which custodian banks to work with?" The answer to this question is quite complex, so we will use this blog to give insight into how we determine where to begin our search for top-level private banks. We will briefly cover why we find Switzerland and Liechtenstein to be premiere economic environments for finding the right custodian bank for our clients.

In this interview, Managing Partner and COO Julia Fernandez will share what it has been like for her working in the Swiss financial service industry for over thirty years. Those reading this interview will get an inside look into Swiss asset management and get to know Julia better, both professionally and personally. She will share how she transitioned from private banking to working in asset management and how the Swiss financial service industry has evolved over her career. She will also discuss what it has been like going through a business succession from one generation to the next.

Since the S&P 500 represents a large portion of the value of the U.S. equity market, it may be worth understanding for Americans with offshore investments. The index's performance gives a good representation of the state of the U.S. market, but it does not fully represent it. Further, it does not represent the other markets around the world. Therefore, we will also endeavor with this blog to describe how Americans can utilize Swiss investment advisors to diversify out of the U.S. market.

In this webinar, you will learn how to utilize the Swiss economy, financial services, and registered investment advisors to bring stability to your existing or new investment portfolio. The presentation will cover the reasons for today's inflationary environment, how and why the Swiss economy differs from the United States, and how Americans can access the Swiss markets. In addition, it will be a chance to learn more about Switzerland's economic facts and figures and the relevant details that pertain to holding an offshore account in its jurisdiction.

The Jackson Hole Symposium has drawn a lot of attention because of Jerome Powell's speech in which he re-stated that the Fed will continue to lift interest rates in their fight against inflation. However, some of you may not have seen the inputs of the event given by the Chairman of the Governing Board of the Swiss National Bank (SNB), Thomas J. Jordan. Therefore, it is the intention of this blog to provide you with the highlights of the contribution he made to the event.

We strive to have a company culture that is client focused. One that allows our expertise to be utilized on the client's behalf. Culture is not something we take lightly, as we know that the only way our clients will be truly happy working with us is if every team member is passionate about what they do, eager to help, and willing to go the extra mile. This blog post will give a bit of a background on our company culture, how we achieve it, and how we have fun together.

For the July issue of the Simon Letter, our Managing Partner Jamie Vrijhof-Droese wrote a piece on Switzerland as a safe haven country during times of crisis. The piece covers what sets Switzerland apart and makes it such a popular country for banking.

Swiss National Day is upon us! So what is the history of Swiss independence and direct democracy? The Swiss gather together on the 1st of August to have grill parties, watch fireworks, and sit around bonfires. But the Swiss are also reflecting and celebrating a unique history that has led the country from poverty to where it is today as a wealthy and prosperous nation.

What is Switzerland like as a financial jurisdiction? Not to worry, we have summed it up in this blog. Numerous factors contribute to Switzerland being an economic powerhouse in the global economy. The country is one that can house not only a thriving economy but balance it with political neutrality and hold the highest standards of financial professionalism all at the same time.