We have a cooperation agreement that clearly defines the role and responsibility. THE EAM offers the following asset management services: Before any agreement, we do an in-depth analysis of each partner based on the legal documentation and business plan. 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. 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. An attractive point for the customer is that he does not need to move his assets from his current bank. As long as EAM has entered into a deposit agreement with its bank, its assets remain secure and all asset management is managed exclusively by the EAM. Conservation is a key business of the bank and one of the main pillars of any asset management strategy. External asset managers open accounts with third-party and custodian banks on behalf of their clients. The assets are held by banks. External asset managers generally receive a power of attorney on client accounts to facilitate asset management. Single entry point: All asset classes are negotiated by a comfortable and secure team. 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. An external asset manager (EAM) is an asset manager who works independently of banks. Asset managers can be individuals or companies. Over the past 40 years, Pictet has established itself as a strategic partner of more than 450 independent asset managers. The services offered are numerous and vary depending on the degree of specialization between service providers. Tax advice, cash management, trade, estate planning and estate management are among the services provided by EAMs. 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. 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. A partner with more than 35 years of external asset managers and financial advisors, Julius Baer helps you achieve your goals through the following service models: External Asset Manager (EAM) Agreement Framework: you offer portfolio management services to your clients, while Julius Baer acts as a custodian and is responsible for fund management.